What is the median rent in Mountlake Terrace, WA?

The median gross rent in Mountlake Terrace, WA is $2,004 (±$86) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 4,202 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Mountlake Terrace, the median gross rent went from $1,464 in 2015–2019 to $2,004 in 2020–2024 (+36.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median gross rent
$2,004 (±$86)
Rented homes
4,202 (±422)
$2,000 or more
50.3%
Since 2015–2019
+36.9%

How much rent costs in Mountlake Terrace

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMountlake TerraceSnohomish CountyWashingtonUnited States
Less than $5002.2% (±1.3 points)4.0%4.6%6.3%
$500 to $9991.5% (±1.2 points)5.5%10.4%20.2%
$1,000 to $1,4995.7% (±2.6 points)12.5%21.4%28.1%
$1,500 to $1,99940.3% (±5.9 points)31.1%26.2%21.1%
$2,000 to $2,49931.2% (±6.3 points)24.8%18.7%12.0%
$2,500 to $2,99911.0% (±3.9 points)11.6%9.1%5.5%
$3,000 or more8.1% (±3.5 points)10.5%9.5%6.8%

The most common range is $1,500 to $1,999, paid by 40.3% of renting households.

50.3% of rented homes in Mountlake Terrace cost $2,000 or more a month.

Mountlake Terrace against Snohomish County, its state and the nation

Estimate (90% margin of error)
Mountlake TerraceSnohomish CountyWashingtonUnited States
Median gross rent$2,004 (±$86)$1,949 (±$22)$1,760 (±$7)$1,413
Rented homes paying rent4,202 (±422)98,025 (±1,944)1,070,508 (±7,137)42,849,984

In Mountlake Terrace, median gross rent is not measurably different from Snohomish County ($1,949).

It is also higher than in Washington ($1,760).

It is higher than the national figure ($1,413).

In Snohomish County, Mountlake Terrace ranks 22 of 45 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 92 of 417.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Mountlake Terrace has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,464 (±$53)$2,004 (±$86)+36.9%Up after inflation
Households that rent46.5% (±3.1 points)43.1% (±3.7 points)−3.4 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±0.9 points)2.0% (±1.9 points)+2.0 percentage pointsNot 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.

Median gross rent in places near Mountlake Terrace

Nearest places with a published estimate, compared with Mountlake Terrace
PlaceDistanceMedian gross rentCompared with this place
Mountlake Terrace—$2,004 (±$86)—
Brier1.4 mi$2,318 (±$1,170)Not measurably different
Alderwood Manor2.2 mi$1,919 (±$103)Not measurably different
Esperance2.2 mi$2,463 (±$349)Higher
Lynnwood2.4 mi$1,742 (±$68)Lower
Lake Forest Park2.5 mi$2,333 (±$183)Higher
Edmonds2.7 mi$1,903 (±$59)Not measurably different
Bothell West3.0 mi$2,511 (±$171)Higher
Shoreline3.3 mi$1,985 (±$75)Not measurably different

Nearby places with a measurably lower figure: Lynnwood, WA ($1,742).

Nearby places with a measurably higher figure: Esperance, WA ($2,463), Lake Forest Park, WA ($2,333), Bothell West, WA ($2,511).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Snohomish County, place by place

RankPlaceMedian gross rent
16Lake Stevens$2,224 (±$122)
17Martha Lake$2,185 (±$91)
18Mukilteo$2,166 (±$144)
19Maltby$2,158 (±$188)
20North Lynnwood$2,145 (±$73)
21Warm Beach$2,111 (±$240)
22Mountlake Terrace$2,004 (±$86)
23Larch Way$2,002 (±$233)
24Marysville$1,997 (±$79)
25Monroe$1,950 (±$175)
26Alderwood Manor$1,919 (±$103)
27Arlington$1,905 (±$115)
28Edmonds$1,903 (±$59)

Showing 13 of 45 places in Snohomish County, ranked from highest to lowest.

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 has rent gone up in Mountlake Terrace?

In Mountlake Terrace, the median gross rent went from $1,464 in 2015–2019 to $2,004 in 2020–2024 (+36.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Mountlake Terrace cost more than $2,000 a month?

50.3% of rented homes in Mountlake Terrace have a gross rent of $2,000 or more a month, and 2.2% cost less than $500.

Is rent in Mountlake Terrace higher than in Snohomish County?

In Mountlake Terrace, median gross rent is not measurably different from Snohomish County ($1,949).

It is also higher than in Washington ($1,760).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

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 B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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 .

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