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Updated 1 hour ago

Greenlake Terrace Apartments


7415 5th Ave NE Seattle, WA

1 - 2 Bed
•
1 Bath

740 - 950 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$2,195
740 ft2
1 Available
Managed By: MainGate Management LLC
Unit 204
$2,195
Available Now
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2 Beds • 1 Bath
$2,655 - $2,999
815 ft2
3 Available
Managed By: MainGate Management LLC
Unit 408
$2,999
Available Now
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Unit 208
$2,837
Available Now
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Unit 411
$2,655
Available Jul 1st, 2026
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View Rented Units
2 Beds • 1 Bath
$2,745
950 ft2
1 Available
Managed By: MainGate Management LLC
Unit 205
$2,745
Available Jul 1st, 2026
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Where you'll live
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Greenlake Terrace Apartments
Greenlake Terrace Apartments
Greenlake Terrace Apartments
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $750
Property details
Description

Welcome home to Greenlake Terrace Apartments, where modern comfort meets one of Seattle’s most iconic outdoor escapes. Just steps from scenic Green Lake Park, our community places you exactly where you want to be: surrounded by nature, connected to the city, and wrapped in everyday conveniences that elevate your lifestyle.
At Greenlake Terrace, you’ll enjoy thoughtfully designed homes featuring private balconies, soothing natural light, and captivating views that make coming home the best part of your day. Whether you're unwinding after a long week or gearing up for your next adventure, our curated amenities and welcoming atmosphere create a living experience that truly stands out.
Our friendly, professional leasing team is here to guide you to the home that fits your lifestyle perfectly. Your next chapter starts here — why wait?
Stop by or contact us today to discover why Greenlake Terrace isn’t just a place to live, it’s a place to love.

Additional Details
Total Unit Count: 48
Last Updated: Updated 1 hour ago
Contact Number: (425) 406-4301
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Greenlake Terrace Apartments by bedroom type below.
1 Bedroom
Suggested income:
$79,000
per year
2 Bedroom
Suggested income:
$101,100
per year
Rent report

Greenlake Terrace Apartments Rent vs. Seattle Average

 Greenlake Terrace Apartments      Seattle Average
1BR
$2,195
$1,995
$0
$750
$1,500
$2,250
$3,000
2BR
$2,809
$2,803
$0
$950
$1,900
$2,850
$3,800

Greenlake Terrace Apartments is asking 10% more than the average 1 bedroom apartment in Seattle.

If you upsized to an average priced Seattle 2 bedroom apartment, you would pay 29% more per month.

If you downsized to an average priced Seattle studio apartment, you would pay 40% less per month.

Greenlake Terrace Apartments provides 20% more square footage than the average Seattle 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Greenlake Terrace Apartments
1BR $2,195 $3.00 $6,585
2BR $2,809 $3.30 $8,427
Seattle Average
Studio $1,422 $3.80 $4,265
1BR $1,995 $3.20 $5,985
2BR $2,803 $2.90 $8,410
3BR $3,278 $2.50 $9,834
4BR $3,668 $2.10 $11,003

Availability in Seattle

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 3,301 1BR units on the market in Seattle. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
32% 45% 19% 3% 1%
Available Units in Seattle
Studio 2,307
1BR 3,301
2BR 1,370
3BR 194
4BR 79
Location
Nearby Colleges

North Seattle College

University of Washington-Seattle Campus

Seattle Pacific University

Seattle Community College Central Campus

Shoreline Community College

Nearby Hospitals
Name Distance
Kindred Hospital Seattle 1.68 mi.
University Of Washington Medical Center 2.27 mi.
Uw Medicine Northwest Hospital 2.29 mi.
Nearby Fire Stations
Name Distance
Rural Hill Volunteer Fire Department 1.21 mi.
North Highline Fire District 2.55 mi.
Seattle Fire Department 2.55 mi.
FAQs
Is this property currently leasing units?
Yes. There are 5 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 740 to 950 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,195 to $2,999. Greenlake Terrace Apartments has 1 bedroom units available starting at $2,195 and 2 bedroom units available starting at $2,655.
Where is this property located?
This property is at 7415 5th Ave NE in Seattle, WA. It's 5.3 miles north from the center of Seattle.
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