How much does it cost to rent in Lynnwood, WA?

As of July 2026, the median monthly rent in Lynnwood, WA is $2,191. This figure is based on aggregated data from public sources and community-submitted rents.

Is Lynnwood cheaper than other Washington cities?

Lynnwood falls in the middle range for Washington, ranking #44 out of 110 cities at $2,191/mo.

When was Lynnwood rent data last updated?

Lynnwood rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · WA

Lynnwood

Name: Average Rent Prices in Lynnwood, WA
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 40,110·44th most expensive in Washington·Lynnwood rents are up 6.4% over the past year

Median rent (all units)

$2,191/mo

Year-over-Year

+6.4%

Month-over-Month

+0.7%

vs US Median

+$226

Rising (Monthly)

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Most AffordableMost Expensive

Lynnwood · $2,191

More expensive than 69% of US cities · National median $1,965/mo

Rent Reality Score

63/100

Good value

OverheatedFairGreat value

Rents are 6% below what Lynnwood's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,191/mo

Expected by trend

$2,341/mo

The Rent Reality Score compares today's median rent to where Lynnwood's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,070

1 BR

$2,123

2 BR

$2,473

3 BR

$3,263

4 BR+

$3,803

Research median

$2,473/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$26,292/yr

At $2,191/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.4% YoY, +0.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Lynnwood, WA is roughly split between renters and owners, 34.9% of residents hold a bachelor's degree or higher.

Population

40,110

Median income

$77,704

Median age

37.5

Renters

48.9%

Age distribution

20.7%

24.8%

26.5%

16.7%

Under 1820.7%

18–3424.8%

35–5426.5%

55–6411.3%

65+16.7%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

51.7%

15.6%

19.3%

White51.7%

Black10.1%

Hispanic15.6%

Asian19.3%

Other3.3%

Education (25+)

20.4%

35.1%

34.9%

No HS diploma9.6%

HS diploma20.4%

Some college35.1%

Bachelor's+34.9%

Housing tenure

51.1%

48.9%

Owner51.1%

Renter48.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lynnwood, WA has changed in 5 years

Rent

$1,662 → $2,191

up 31.8%

Income

$67,576 → $77,704

up 15.0%

Population

38,812 → 40,110

up 3.3%

Renter share

47% → 48.9%

+1.9 pts

Bachelor's+

28.8% → 34.9%

+6.1 pts

Median age

39.6 → 37.5

-2.1 yrs

Five years ago, renters in Lynnwood, WA paid around $1,662 a month. That figure now sits near $2,191, up 31.8% from the 2021 baseline. On the earnings side, the typical household in Lynnwood, WA now reports about $77,704, up from $67,576 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Lynnwood, WA adding about 1,298 residents over the five-year window, up 3.3% on net. The renter share has risen from 47% to 48.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 28.8% to 34.9% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Lynnwood, WA reflects that arc in its own way.

Community

Discussions about Lynnwood

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View Lynnwood rent history (2015–2026) →

Salary vs rent

Can you afford rent in Lynnwood on your salary?

At $2,191/mo, how Lynnwood rent compares to typical pay (30% rule).

Registered Nurse

Avg $105,818/yr · Rent = 24.8% income

affordable

Elementary School Teacher

Avg $75,130/yr · Rent = 35% income

stretched

Police Officer

Avg $86,542/yr · Rent = 30.4% income

stretched

Software Developer

Avg $154,683/yr · Rent = 17% income

very comfortable

Lawyer

Avg $197,646/yr · Rent = 13.3% income

very comfortable

Firefighter

Avg $70,347/yr · Rent = 37.4% income

stretched

Truck Driver

Avg $63,515/yr · Rent = 41.4% income

rent-burdened

Electrician

Avg $78,288/yr · Rent = 33.6% income

stretched

By apartment size

Lynnwood rent by bedroom count

Median rent for each apartment size in Lynnwood. Click any size for full breakdown.

Local insights

Tips for renters in Lynnwood

About renting in Lynnwood, WA

Last updated: July 20, 2026

The median rent in Lynnwood is $2,191/mo as of July 2026. A studio apartment averages $2,070/mo while a 2-bedroom runs $2,473/mo. One-bedroom apartments average $2,123/mo and 3-bedroom units go for $3,263/mo.

At 34% of local median household income ($77,704/yr), Lynnwood ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

Is Lynnwood an affordable city for renters?

Lynnwood is considered moderate for renters. At $2,191/mo, rent takes approximately 34% of the local median household income ($77,704/yr). The standard benchmark is 30%. Lynnwood slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Lynnwood?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,191/mo in Lynnwood. The local median household income is $77,704/yr, meaning the typical Lynnwood household falls short of that threshold.

Is rent going up or down in Lynnwood?

Rent in Lynnwood has increased 6.4% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Lynnwood neighborhoods have the lowest rent?

The most affordable ZIP codes in Lynnwood are 98036 ($1,998/mo), 98037 ($2,202/mo), and 98087 ($2,277/mo). Citywide, the median rent in Lynnwood is $2,191/mo.

How does Lynnwood rent compare to other cities in Washington?

Lynnwood is middle-of-the-pack for Washington for rent, ranking #44 out of 110 tracked cities at $2,191/mo.

Which nearby cities are cheaper to rent in than Lynnwood?

Mountlake Terrace is nearby and more affordable at $2,078/mo, which is $113 less than Lynnwood.

What percentage of Lynnwood residents rent vs. own?

According to Census data, approximately 48.9% of Lynnwood households are renters, while 51.1% are owner-occupied. Lynnwood leans toward homeownership, which can mean a smaller rental inventory.

How does Lynnwood rent compare to the national average?

Lynnwood's median rent of $2,191/mo is $226 (12%) above the US national median of $1,965/mo. Within Washington, it ranks #44 out of 110 tracked cities.

Income Affordability

34%

MODERATE

At $2,191/mo, rent takes ~34% of Lynnwood's median household income ($77,704/yr). The standard benchmark is 30%.

Lynnwood 34%Benchmark 30%

State income taxNone

Run the Lynnwood affordability calculator →

Nearby cities