Apartments & Homes for Rent in 98087

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What to Know About

Life in Lynnwood & Beyond

Lynnwood shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Lynnwood, WA

As of April 2025, Lynnwood's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Lynnwood's average rent is 13.5% ($231) higher than the Washington average of $1,716 and 8.2% ($148) higher than the U.S. average of $1,799.

Average Rent
$1,947
Monthly ChangeMonth Over Month Change
Decreased11.4% ($251)
Yearly ChangeYear Over Year Change
Decreased16.5% ($384)
Avg. Days on MarketAverage Days on Market
19
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,581 Decreased0.1% ($2) Decreased11.7% ($209)
2 Beds $2,042 Decreased2.9% ($62) Decreased9.6% ($216)
3 Beds $2,974 Increased4.1% ($117) Increased0.5% ($15)
Nearby Cities Average Rent Avg. Rent vs. LynnwoodAverage Rent vs. Lynnwood Avg. Days on MarketAverage Days on Market
Mountlake Terrace $2,456 Increased26.1% ($509) 26 days
Edmonds $1,970 Increased1.2% ($23) 22 days
Bothell $2,098 Increased7.8% ($151) 28 days
Mukilteo $1,471 Decreased24.4% ($476) 23 days
Kenmore $1,880 Decreased3.4% ($67) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lynnwood Rental Market FAQs

Explore rental prices, market trends, and availability in Lynnwood, WA.

The average rent in Lynnwood, WA is $1,947 per month.
Homes in Lynnwood typically rent for between $1,107 and $3,866 per month, with an average of $1,947 per month.
In Lynnwood, the average rent for a 1-bedroom home is $1,581 per month, for a 2-bedroom home, $2,042 per month, and a 3-bedroom home is $2,974 per month.
The average rent in Lynnwood is 8.2% ($148) higher than the national average of $1,799 per month.
The average rent in Lynnwood has decreased by 11.4% ($251) in the last month and decreased by 16.5% ($384) over the past year.
The rental market in Lynnwood, WA, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Lynnwood, WA, the average rental stays on the market for approximately 19 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 48 rental properties available in Lynnwood, WA.
Based on the current averages, a household would need an annual income of $81,680 to comfortably afford a 2-bedroom home in Lynnwood.
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