Housing data for Mountlake Terrace, WA
Mountlake Terrace, WA has an estimated 23,104 residents and 10,210 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Snohomish County.
43.1% of households rent.
The median gross rent is $2,004 a month.
Its population grew measurably since 2015–2019 (+8.9%).
Figures last updated on .
- Residents
- 23,104 (±48)
- Housing units
- 10,210 (±395)
- Households that rent
- 43.1%
- Median gross rent
- $2,004
- Residents since 2015–2019
- +8.9%
What stands out in Mountlake Terrace
Homes in buildings of 5 or more units: 37.5% (±4.4 points) in Mountlake Terrace, higher than in Snohomish County (20.6%).
Homes built before 1980: 60.5% (±5.0 points) in Mountlake Terrace, higher than in Snohomish County (34.7%).
Households that rent: 43.1% (±3.7 points) in Mountlake Terrace, higher than in Snohomish County (31.8%).
Median real estate taxes: $4,593 (±$138) in Mountlake Terrace, lower than in Snohomish County ($5,364).
- Types of homes in Mountlake Terrace
- Age of homes in Mountlake Terrace
- Renters and owners in Mountlake Terrace
- Property taxes in Mountlake Terrace
Housing in Mountlake Terrace at a glance
- Median rent: $2,004 median gross rent a month
- Rent by bedrooms: $2,127 median gross rent, 2 bedrooms
- Rent burden: 47.8% of renters pay 30% or more of income
- Renters and owners: 43.1% of households rent
- Income and affordability: $107,687 median household income
- Home values: $667,300 median home value
- Homeowner costs: $2,580 median monthly cost with a mortgage
- Property taxes: $4,593 median real estate taxes a year
- Types of homes: 37.5% of homes are in buildings of 5 or more units
- Bedrooms: 49.2% of homes have 3 or more bedrooms
- Age of homes: 60.5% of homes were built before 1980
- Vacancy rate: 2.0% rental vacancy rate
- Heating fuel: 63.6% heat with electricity
- Commute and cars: 27.9 minutes average trip to work
- Crime reported to police: 160 violent crimes per 100,000 residents
- Growth: +8.9% residents since 2015–2019
- How long people stay: 30.1% moved in since 2020
- Crowding and facilities: 3.2% of homes have more than 1 person per room
- Fair Market Rent: $2,420 Small Area FMR, 2 bedrooms (ZIP 98043)
Mountlake Terrace against Snohomish County, its state and the nation
| Mountlake Terrace | Snohomish County | Washington | United States | |
|---|---|---|---|---|
| Residents | 23,104 (±48) | 844,430 (exact) | 7,816,116 (exact) | 334,922,499 |
| Housing units | 10,210 (±395) | 331,530 (±231) | 3,306,620 (±517) | 143,775,355 |
| Households that rent | 43.1% (±3.7 points) | 31.8% (±0.6 points) | 36.2% (±0.3 points) | 34.8% |
| Median gross rent | $2,004 (±$86) | $1,949 (±$22) | $1,760 (±$7) | $1,413 |
| Median household income | $107,687 (±$5,732) | $111,246 (±$1,305) | $98,141 (±$414) | $80,734 |
| Median home value | $667,300 (±$23,603) | $696,000 (±$4,737) | $564,600 (±$1,940) | $332,700 |
| Median real estate taxes (a year) | $4,593 (±$138) | $5,364 (±$64) | $4,556 (±$16) | $3,119 |
| Built before 1980 | 60.5% (±5.0 points) | 34.7% (±0.8 points) | 43.4% (±0.3 points) | 49.7% |
| Average commute | 27.9 minutes (±1.4) | 30.8 minutes (±0.4) | 26.6 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 93.5% (±2.0 points) | 94.4% (±0.4 points) | 93.6% (±0.1 points) | 91.0% |
| Median age of residents | 38.3 years (±1.3) | 38.6 years (±0.2) | 38.3 years (±0.1) | 38.9 years |
Mountlake Terrace covers 4.1 square miles of land, about 5,696 residents per square mile (Census Bureau Gazetteer).
How Mountlake Terrace has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 21,210 (±32) | 23,104 (±48) | +8.9% | Measurable increase |
| Housing units | 8,947 (±334) | 10,210 (±395) | +14.1% | Measurable increase |
| Median gross rent | $1,464 (±$53) | $2,004 (±$86) | +36.9% | Up after inflation |
| Median home value | $392,600 (±$10,485) | $667,300 (±$23,603) | +70.0% | Up after inflation |
| Median household income | $72,955 (±$4,438) | $107,687 (±$5,732) | +47.6% | Up after inflation |
| Median owner cost with a mortgage | $2,024 (±$70) | $2,580 (±$118) | +27.5% | No measurable change after inflation |
| Median real estate taxes | $3,282 (±$99) | $4,593 (±$138) | +39.9% | Up after inflation |
| Households that rent | 46.5% (±3.1 points) | 43.1% (±3.7 points) | −3.4 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±0.9 points) | 2.0% (±1.9 points) | +2.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Mountlake Terrace
In 2025, the Mountlake Terrace Police Department reported 160 violent and 1,529 property crimes per 100,000 residents to the FBI.
Across Snohomish County, the departments that report recorded 159 violent and 1,388 property crimes per 100,000 residents that year.
ZIP codes in Mountlake Terrace
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 98043 | 100% | 23,101 | $2,004 | $667,100 | $107,687 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Mountlake Terrace
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Brier | 1.4 mi | $2,318 | $866,600 | 10.2% |
| Alderwood Manor | 2.2 mi | $1,919 | $700,900 | 30.2% |
| Esperance | 2.2 mi | $2,463 | $790,700 | 25.3% |
| Lynnwood | 2.4 mi | $1,742 | $686,900 | 48.9% |
| Lake Forest Park | 2.5 mi | $2,333 | $953,200 | 19.4% |
| Edmonds | 2.7 mi | $1,903 | $890,100 | 29.1% |
| Bothell West | 3.0 mi | $2,511 | $824,900 | 21.4% |
| Shoreline | 3.3 mi | $1,985 | $811,100 | 33.7% |
Places in Washington most like Mountlake Terrace
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Burien | $1,782 | $638,800 | $91,318 | 43.4% |
| Des Moines | $1,799 | $597,000 | $92,483 | 39.4% |
| Lynnwood | $1,742 | $686,900 | $77,704 | 48.9% |
| Renton | $1,998 | $672,600 | $100,432 | 45.6% |
| University Place | $1,762 | $624,800 | $99,031 | 42.8% |
| Bryn Mawr-Skyway | $1,760 | $655,200 | $90,969 | 40.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Washington.
HUD Fair Market Rent for Mountlake Terrace, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $2,091 | $2,180 | $2,549 | $3,324 | $3,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Mountlake Terrace, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $34,550 | $57,550 | $81,700 |
| 2 people | $39,450 | $65,800 | $93,350 |
| 3 people | $44,400 | $74,000 | $105,000 |
| 4 people | $49,300 | $82,200 | $116,650 |
| 5 people | $53,250 | $88,800 | $126,000 |
| 6 people | $57,200 | $95,400 | $135,350 |
| 7 people | $61,150 | $101,950 | $144,650 |
| 8 people | $65,100 | $108,550 | $154,000 |
These are the limits HUD sets for its housing programs in the Seattle-Bellevue, WA HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $164,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Mountlake Terrace
What is the average rent in Mountlake Terrace, WA?
The Census Bureau publishes the median rather than the average: the median gross rent in Mountlake Terrace is $2,004 (±$86) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Mountlake Terrace?
The median gross rent for a one-bedroom home in Mountlake Terrace, WA is $1,792 (±$70) a month (2020–2024 American Community Survey).
Are renters in Mountlake Terrace rent-burdened?
47.8% of renting households in Mountlake Terrace pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Mountlake Terrace?
Mountlake Terrace has an estimated 4,249 (±429) renting households, 43.1% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Mountlake Terrace?
The median household income in Mountlake Terrace is $107,687 (±$5,732) a year (2020–2024 American Community Survey).
What is the average home value in Mountlake Terrace, WA?
The Census Bureau publishes the median: $667,300 (±$23,603) for owner-occupied homes in Mountlake Terrace (2020–2024 American Community Survey).
Is Mountlake Terrace growing?
In Mountlake Terrace, the number of residents went from 21,210 in 2015–2019 to 23,104 in 2020–2024 (+8.9%), a measurable increase.
What ZIP codes are in Mountlake Terrace?
The ZIP code that covers Mountlake Terrace is 98043.
What is the median rent in ZIP code 98043?
The median gross rent in ZIP Code Tabulation Area 98043 is $2,004 (±$86) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Mountlake Terrace city, Washington
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Mountlake Terrace city, Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mountlake Terrace city, Washington
- HUD Fair Market Rents, fiscal year 2027: Seattle-Bellevue, WA HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Seattle-Bellevue, WA HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Mountlake Terrace Police Department (ORI WA0310600)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mountlake Terrace city, Washington (place:47490, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .