Rental market snapshot for Lynnwood, Washington

Lynnwood, Washington Rental Property Market Overview

Lynnwood, Washington is a city located in Snohomish County, just north of Seattle. According to the US Census, the population of Lynnwood was 40,592 in 2021. Lynnwood is a vibrant city with a variety of attractions, including the Alderwood Mall, the Lynnwood Convention Center, and the Lynnwood Recreation Center. The city is also home to several parks and trails, making it a great place to explore the outdoors.

The average rent for an apartment in Lynnwood is $2,364. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Lynnwood Washington | Cost of Living

  • The most expensive ZIP code in Lynnwood is 98087 with an average price of $2,255.
  • The cheapest ZIP code in Lynnwood is 98037 with an average price of $2,070.

Lynnwood ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198087$2,255
298037$2,070

Live near Lynnwood, Washington's Top Sights and Attractions

Meadowdale Playfields is a large outdoor recreational area located in the suburbs of Washington State. It features a variety of activities for all ages, including a playground, picnic areas, sports fields, walking trails, and a lake. The park also has a large open grassy area perfect for flying kites, playing frisbee, or just relaxing. There are also several shelters available for rent, making it a great spot for birthday parties and other special events.

Daleway Park is a picturesque park located in a wooded area. It features a large pond, walking trails, and a playground. The park is a great place to relax and take in the beauty of nature. There are plenty of benches and picnic tables to enjoy a meal or just sit and take in the scenery. The pond is a great spot to fish or watch the ducks and geese that call the park home. The playground is a great place for kids to let off some energy and explore. There are also plenty of trees and shrubs to explore and discover.

Maple Mini Park is a small, family-friendly park located in a residential area. It features a playground with swings, slides, and a sandbox, as well as a picnic area with tables and benches. There is also a walking path that winds through the park, and a small pond with ducks and other wildlife. The park is surrounded by tall trees and lush vegetation, making it a peaceful and tranquil place to spend an afternoon.

Pioneer Park is a large, lush park located in the suburbs of Seattle. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a large lake. The lake is stocked with trout and other fish, and is a popular spot for fishing. The park also has a large open field, perfect for playing sports or having a picnic. There are also several monuments and sculptures throughout the park, as well as a gazebo and a pavilion. The park is a great place to spend a day outdoors, and is a popular spot for locals and visitors alike.

Veterans Park is a large public park located in Lynnwood, Washington. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, and a large open grassy area. The park also has a memorial honoring veterans, with a flagpole and a plaque dedicated to those who have served in the military. The park is a popular spot for families and friends to gather, offering a peaceful and tranquil atmosphere.

Wilcox Park is a beautiful outdoor space located in Lynnwood, Washington. It features lush green grass, tall trees, and a large pond with a fountain in the center. There are plenty of benches and picnic tables for visitors to relax and enjoy the scenery. The park also has a playground for children and a walking path that winds around the pond. It is a great place to take a stroll, have a picnic, or just relax and take in the beauty of nature.

Scriber Lake Park is a beautiful outdoor destination located in the suburbs of Washington. It offers a variety of activities for visitors of all ages, including a large lake for fishing, swimming, and boating, as well as a playground, picnic areas, and walking trails. The park also features a variety of wildlife, including ducks, geese, and other birds. The park is surrounded by lush greenery and is a great place to relax and enjoy nature.

Civic Center and Mesika Trail is a picturesque park located in Lynnwood, Washington. The park features a large open grassy area surrounded by trees, perfect for picnicking and relaxing. There is also a paved walking trail that winds through the park, offering stunning views of the surrounding area. The trail is lined with benches and picnic tables, making it a great spot for a leisurely stroll or a romantic evening walk. The park also features a playground and a basketball court, making it a great spot for families to enjoy.

Spruce Park is a lush, green oasis located in the heart of a bustling city. The park features a large pond, walking trails, and plenty of open space for picnics and outdoor activities. The park is home to a variety of wildlife, including ducks, geese, and other birds. The park also has a playground, a basketball court, and a gazebo for special events. The park is a great place to relax and enjoy nature in the middle of the city.

North Lynnwood Park is a sprawling outdoor recreation area located in the suburbs of Seattle. It features a variety of activities, including a large playground, a skate park, a disc golf course, a walking trail, and several sports fields. The park also has a picnic area, a pond, and a large open grassy area perfect for a game of Frisbee or a picnic. The park is well-maintained and offers plenty of parking, making it a great spot for a day of family fun.

Lynnwood, Washington area median rent change by ZIP code map

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How does Lynnwood compare to other cities in Washington?

citymedian price
Graham$2,722
Puyallup$2,599
Spanaway$2,545
Renton$2,262
SeaTac$2,133
Steilacoom$2,117
Olympia$1,943
Bellingham$1,875
Wenatchee$1,737

Average household income in Lynnwood area graph - US Census

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The median household income in Lynnwood in 2021 was $67,576. This represents a 35.6% change from 2011 when the median was $49,839.

#categorypercent
0Less than $10,0006.2%
1$10,000 to $14,9995.3%
2$15,000 to $19,9993.5%
3$20,000 to $24,9995.8%
4$25,000 to $29,9993.5%
5$30,000 to $34,9994.3%
6$35,000 to $39,9993.8%
7$40,000 to $44,9993.3%
8$45,000 to $49,9992.7%
9$50,000 to $59,9997.6%
10$60,000 to $74,99911.3%
11$75,000 to $99,99911.2%
12$100,000 to $124,99910.4%
13$125,000 to $149,9998.1%
14$150,000 to $199,9995.6%
15$200,000 or more7.4%

Neighborhoods in Lynnwood

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Lynnwood is $2,364.
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