Apartments in 98087

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$3,550
15624 Meadow Rd Unit E1 Lynnwood, WA
4 BR | Available Now
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Dog Friendly
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Balcony/Deck/Patio
$3,500
14923 16th Ave W Lynnwood, WA
4 BR | Available Now
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How much does it cost to rent an apartment in 98087?

98087 apartments
Bed Type Average Rent Range
Studio $1,630 $1,200 - $1,690
1BR $1,730 $1,580 - $1,970
2BR $2,190 $1,810 - $2,630
3BR $2,810 $2,210 - $3,340
4+BR $2,850 $2,030 - $3,600
Find an Apartment in 98087
Looking for apartments for rent in 98087 Lynnwood, WA? Rentable has a variety of options available in the area. Currently, there are 135 units for rent in the 98087 zip code. The average rent in this area is $2,010, and there are studio units starting at $1,200.

One of the top neighborhoods in the 98087 zip code is Lake Serene. This neighborhood offers a serene and peaceful atmosphere, making it an ideal place to call home.

For those looking for outdoor recreation opportunities, nearby Martha Lake Park is a great option. This park features beautiful walking trails, picnic areas, and a lake for fishing and boating.

Conveniently located near Lynnwood, WA, apartments near 98087 provide easy access to shops, restaurants, and other amenities. The area is also well-connected to major highways, making it convenient for commuting to nearby cities and employment centers.

If you're searching for apartments in 98087 Lynnwood, WA, Rentable offers a selection of rental units in the area. Find the perfect apartment that meets your needs and start enjoying life in this vibrant community.

Lynnwood:
June Rent Report

Welcome to the June 2024 Lynnwood Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2024 key findings and figures for the Lynnwood rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lynnwood and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lynnwood average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Lynnwood Rent Prices Decrease From May to June

Lynnwood rent prices decreased over the last month. From May to June, the city experienced a -1.46% decrease for the price of a one-bedroom apartment. The rent price for a Lynnwood one-bedroom apartments currently stands at $1,896.0.

When we take a look at the two-bedroom comparison from May to June, Lynnwood experienced a -1.17% decrease for the price of a two-bedroom apartment. The rent price for a Lynnwood two-bedroom apartments currently stands at $2,199.0.

June Prices: Lynnwood vs. Surrounding Areas

Rent Prices in Lynnwood and Surrounding Areas

Rent prices have decreased in Lynnwood over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lynnwood suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lynnwood suburbs

  • Rents did not decrease in any of the Lynnwood suburbs.

June 2024 Pricing Trends: Lynnwood vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Lynnwood Rent Prices More Affordable Than Major Cities

Rent growth in Lynnwood over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Lynnwood average rent prices appear to be relatively affordable for local residents.

The price for a Lynnwood one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lynnwood and surrounding area rent prices, take a look at the complete data set below.

Data set for Lynnwood and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.