Comptroveby RentSpire

Avalon Alderwood Place

18602 Alderwood Mall Parkway, Lynnwood, WA, 98037

Market rate 23 units (unit count basis: listing-reported) Built 2022 FEMA/NRI hazard read: Relatively Moderate

Asking & effective rent by bedroom

Average asking rent across observed units: $2,265. Average effective rent: $2,265.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,750$1,750not observed1
1 bedroom$2,235$2,235not observed1
2 bedroom$2,810$2,810not observed1

HUD Fair Market Rent gap

HUD area: Seattle-Bellevue, WA HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

24 Hour MaintenanceAdjacent to Alderwood Mall with upscale shopping and diningAir ConditioningAVAConnect Technology PackageBarbecueBike StorageElevatorFinish Package OptionsFitness CenterFurnishedHard-surface FlooringHigh-Speed WiFiHighway AccessKeyless EntryLoungeOn-site SolarPackage AcceptanceParkingPet FriendlyShort drive to the Bank of America Stadium and Spectrum CenterSmoke FreeStainless Steel AppliancesWalk-in ClosetsWork from Home

Operator

Managed by AvalonBay Communities.

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
Avalon North Creek Bothell, WA 2.8 mi $2,533 64%
eaves RockMeadow Bothell, WA 2.98 mi $2,672 51%

Sources & provenance

Sourced from https://www.avaloncommunities.com/washington/lynnwood-apartments/avalon-alderwood-place/ — 8 observation(s), last observed Jul 27, 2026.

Data age: 21 days. Last observed: Jul 27, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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