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Rent in Mountlake Terrace, WA

A 2-bedroom in Mountlake Terrace, WA (ZIP 98043) typically rents for about $2,274 a month, with a range of $2,127–$2,420. Owner-occupied homes in Snohomish County pay about 0.77% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Mountlake Terrace, WA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,915$1,839–$1,9901
1 bed$1,931$1,792–$2,0701
2 beds$2,274$2,127–$2,4201
3 beds$2,802$2,444–$3,1601
4 beds$3,482$3,214–$3,7501

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).

Mountlake Terrace ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Mountlake Terrace, WA?
About $2,274 a month: the median of the typical rents in 1 ZIP code, which range from $2,127–$2,420. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Mountlake Terrace, WA?
About $1,931 a month: the median of the typical rents in 1 ZIP code, which range from $1,792–$2,070. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Mountlake Terrace, WA?
About $2,802 a month: the median of the typical rents in 1 ZIP code, which range from $2,444–$3,160. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Mountlake Terrace, WA?
About $1,915 a month: the median of the typical rents in 1 ZIP code, which range from $1,839–$1,990. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Mountlake Terrace, WA?
About $3,482 a month: the median of the typical rents in 1 ZIP code, which range from $3,214–$3,750. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Mountlake Terrace, WA?
Owner-occupied homes in Snohomish County pay a typical 0.77% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Mountlake Terrace rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).