Panther Lake Apartments in Federal Way, WA

Q: When is the leasing office open?

The office Hours for Panther Lake Apartments are: Monday 9:00 am–5:00 pm ,Tuesday 9:00 am–5:00 pm ,Wednesday 9:00 am–5:00 pm ,Thursday 9:00 am–5:00 pm ,Friday 9:00 am–5:00 pm ,Saturday Closed,Sunday Closed,

Photos

Panther Lake Apartments in Federal Way, WA - Building Photo — Building Photo

Panther Lake Apartments in Federal Way, WA - Building Photo - Building Photo — Building Photo

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Panther Lake Apartments

33 S 342nd Pl
Federal Way, WA 98003
(253) 299-8320

1–2 Bedrooms
$1,450-$1,950 Pricing
700–1,050 Square Feet

About Panther Lake Apartments

Come home to Panther Lake Apartments in Federal Way, WA. You'll find this community on S. 342nd Pl in Federal Way. The leasing staff is available to help you find the best floor plan for your lifestyle. A wide selection of amenities are here for you to enjoy. Some of these include: washers and dryers, balconies, and rentable storage units. Contact us today to see available floor plans and find your new place at Panther Lake Apartments

Panther Lake Apartments is located in the Federal Way Neighborhood and 98003 Zip code of Federal Way, WA. This community is professionally managed by Tecton

Property Contact Info

Listed by:
Agency:
Vendor Logo:
Website:: View Property Website
Call Us:: (253) 299-8320
Disclaimer:

Ask About Our Move-In Specials

Floorplan Pricing and Availability

Panther Lake Apartments offers 1 to 2 Bedroom apartments starting from $1,625 and having 700–1,050 sq ft. Here is the current pricing and availability:

1 Bedrooms
2 Bedrooms

1 Bedroom
One Bedroom Flat
1 Bed, 1 Bath, 700 sq ft
Availability Details
Price Availability Date Unit Sq Ft
From $1,450 Call for Availability One Bedroom Flat 700 sq ft
Model Amenities and Features
Features
Cable Ready
Fireplace
Heating
Smoke Free
Tub/Shower
Washer/Dryer
Kitchen
Dishwasher
Disposal
Freezer
Kitchen
Oven
Range
Refrigerator
Living Space
Carpet
Dining Room
Linen Closet
Vinyl Flooring
Window Coverings
Outdoor Space
Deck
Patio
Unique Features
1/2 Mo. Off With 1 Year Lease
Model Rent and Fees
Model Price Range
$1,450 - $1,495

Price	Availability Date	Unit	Sq Ft
From $1,450	Call for Availability	One Bedroom Flat	700 sq ft

Two Bedroom Junior

$1,625

2 Beds, 1 Bath, 800 sq ft

Available Now

Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

Model Gallery

Photos

Availability Details

Price	Availability Date	Unit	Sq Ft	View Details
$1,625	Available Now	30-B	800	View Details Below
$1,625	Available Now	34011-B	800	View Details Below
$1,625	Available Now	34019-A	800	View Details Below

Model Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Smoke Free
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Disposal
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Double Pane Windows
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Month Of With One Year Lease

Model Rent and Fees

Model Price

$1,625

Unit 30-B Gallery

Photos

Unit 30-B Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Smoke Free
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Disposal
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Double Pane Windows
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Month Of With One Year Lease

Unit 30-B Rent and Fees

Unit Price

$1,625

Model Rent and Fees

Price

$1,625

Unit 34011-B Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Smoke Free
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Disposal
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Double Pane Windows
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Month Of With One Year Lease

Unit 34011-B Rent and Fees

Unit Price

$1,625

Model Rent and Fees

Price

$1,625

Unit 34019-A Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Smoke Free
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Disposal
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Double Pane Windows
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Month Of With One Year Lease

Unit 34019-A Rent and Fees

Unit Price

$1,625

Model Rent and Fees

Price

$1,625

Two Bedroom Flat

From $1,675

2 Beds, 1 Bath, 1000 sq ft

Available Now

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit	Property Map	Photos	View Details
$1,675	Available Now	31-C	1000	$1,675			View Details Below
$1,795	Available Now	34007-C	1000	$1,795			View Details Below

Model Amenities and Features

Features

Balcony
Cable Ready
Fireplace
Heating
High Speed Internet Access
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Mo. Off With 1 Year Lease
Half Month Off With One Year Lease

Model Rent and Fees

Model Price Range

$1,650 - $1,795

Current Available Pricing

$1,675 - $1,795

Unit 31-C Gallery

Photos

Unit 31-C Amenities and Features

Features

Balcony
Cable Ready
Fireplace
Heating
High Speed Internet Access
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Mo. Off With 1 Year Lease
Half Month Off With One Year Lease

Unit 31-C Rent and Fees

Unit Price

$1,675

Deposit

$1,675 deposit

Model Rent and Fees

Model Price Range

$1,650 - $1,795

Unit 34007-C Gallery

Photos

Unit 34007-C Amenities and Features

Features

Balcony
Cable Ready
Fireplace
Heating
High Speed Internet Access
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Mo. Off With 1 Year Lease
Half Month Off With One Year Lease

Unit 34007-C Rent and Fees

Unit Price

$1,795

Deposit

$1,795 deposit

Model Rent and Fees

Model Price Range

$1,650 - $1,795

Two Bedroom Townhouse

From $1,800

2 Beds, 1.5 Baths, 1009 sq ft

Available Now

Model Gallery

Photos

Availability Details

Price	Availability Date	Unit	Sq Ft	Property Map	View Details
$1,800	Available Now	15-C	1009		View Details Below
$1,800	Available Now	34005-C	1009		View Details Below

Model Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Mo. Off With 1 Year Lease

Model Rent and Fees

Model Price Range

$1,700 - $1,900

Current Available Pricing

$1,800

Unit 15-C Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Mo. Off With 1 Year Lease

Unit 15-C Rent and Fees

Unit Price

$1,800

Model Rent and Fees

Model Price Range

$1,700 - $1,900

Unit 34005-C Amenities and Features

Features

Balcony
Cable Ready
Fireplace
High Speed Internet Access
Tub/Shower
Washer/Dryer

Kitchen

Dishwasher
Freezer
Kitchen
Oven
Range
Refrigerator

Living Space

Carpet
Dining Room
Vinyl Flooring

Outdoor Space

Patio

Unique Features

1/2 Mo. Off With 1 Year Lease

Unit 34005-C Rent and Fees

Unit Price

$1,800

Model Rent and Fees

Model Price Range

$1,700 - $1,900

Two Bedroom Townhouse - View from Unit 1

Two Bedroom Townhouse - View from Unit 2

Two Bedroom Townhouse - View from Unit 3

Two Bedroom Townhouse - View from Unit 4

Two Bedroom Townhouse - View from Unit 5

Two Bedroom Townhouse - View from Unit 6

Two Bedroom Townhouse - View from Unit 7

Two Bedroom Townhouse - View from Unit 8

Two Bedroom Townhouse - View from Unit 9

Two Bedroom Townhouse - View from Unit 10

Two Bedroom Deluxe Townhouse

2 Beds, 1.5 Baths, 1050 sq ft

Largest 2 BedroomThis is the largest 2 Bedroom at this Property

Availability Details

Price	Availability Date	Unit	Sq Ft
From $1,850	Call for Availability	Two Bedroom Deluxe Townhouse	1050 sq ft

Model Amenities and Features

Features

High Speed Internet Access
Smoke Free

Unique Features

1/2 Mo. Off With 1 Year Lease

Model Rent and Fees

Model Price Range

$1,850 - $1,950

Show Unavailable Floorplans

Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Call us at: (253) 299-8320 to schedule a tour.

Property Information

280 Units
2 Stories
Built in 1978

Lease Terms

6 - 12 mo

Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application: Application Fee Per ApplicantiCharged per applicant.$50.00
Due at Move-In: Administrative FeeiCharged per unit.$200.00

Other Fees and Policies

Pet Fees

Pet Policies are Negotiable

Cat: Pet DepositiCharged per Pet.$200.00; One-Time Pet FeeiCharged Per Pet.$200.00; Monthly Pet FeeiCharged Per Pet.$0.00/mo
Dog: Pet DepositiCharged per Pet.$200.00; One-Time Pet FeeiCharged Per Pet.$200.00; Monthly Pet FeeiCharged Per Pet.$0.00/mo

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Unique Amenities

1/2 Mo. Off With 1 Year Lease
1/2 Month Of With One Year Lease
After Hours Maintenace Emergency Availa
Half Month Off With One Year Lease

On-Site Services

Maintenance On Site
Property Manager On Site

Recreation and Fitness

Tennis Court
Playground

Interior Features

Balcony
Storage Space
Fireplace
High Speed Internet Access
Heating
Tub/Shower
Cable Ready
Washer/Dryer
Smoke Free

Kitchen Amenities

Range
Refrigerator
Oven
Dishwasher
Disposal
Freezer
Kitchen

Living Area Features

Linen Closet
Window Coverings
Double Pane Windows
Vinyl Flooring
Carpet
Dining Room

Outdoor Features

Deck
Patio

Ask About Our Amenities

Hours and Contact Info

Call Us - Open Now!

Currently Closed

By Appointment

(253) 299-8320

Monday	9:00 am–5:00 pm
Tuesday	9:00 am–5:00 pm
Wednesday	9:00 am–5:00 pm
Thursday	9:00 am–5:00 pm
Friday	9:00 am–5:00 pm
Saturday	Closed
Sunday	Closed

Ask About Live Online Tours

Frequently Asked Questions about Panther Lake Apartments

Where is Panther Lake Apartments located?

Panther Lake Apartments is located at 33 S 342nd Pl near the Federal Way area of Federal Way, WA

What is the current rent range at Panther Lake Apartments?

1 Bedroom to 2 Bedroom Apartments at Panther Lake Apartments currently range from $1,625 to $1,800

When is the leasing office open?

The office Hours for Panther Lake Apartments are
Monday 9:00 am–5:00 pm
Tuesday 9:00 am–5:00 pm
Wednesday 9:00 am–5:00 pm
Thursday 9:00 am–5:00 pm
Friday 9:00 am–5:00 pm
Saturday Closed
Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

Cost Per Sq.Ft. 3.0
The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.
Affordability Nice Value3.2
The Panther Lake Apartments Apartments are 18.15% cheaper than the average apartment in the Federal Way area, and 15.85% cheaper than the average apartment city-wide.
Rent Comparison to the Federal Way Neighborhood
Floorplan Lowest Price Here Neighborhood Avg Rent Nbhd Avg Rent Cost Difference %
2 Bedroom $1,625 $2,060 -$435 -21.1%
1 Bedroom $1,450 $1,709 -$259 -15.2%
Rent Comparison to the city of Federal Way
Floorplan Lowest Price Here City Average Rent Cost Difference %
2 Bedroom $1,625 $2,006 -$381 -19.0%
1 Bedroom $1,450 $1,660 -$210 -12.7%
Methodology: On 04/30/2026, ApartmentHomeLiving.com compared current rents by floorplan to 715 other apartment communities in the immediate area around Panther Lake Apartments (Federal Way), and 307 other apartment communities in Federal Way using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.
Rent Pricing Data as of 04/30/2026

Floorplan	Lowest Price Here	Neighborhood Avg Rent	Nbhd Avg Rent	Cost Difference	%
2 Bedroom	$1,625	$2,060	-$435	-21.1%
1 Bedroom	$1,450	$1,709	-$259	-15.2%

Floorplan	Lowest Price Here	City Average Rent	Cost Difference	%
2 Bedroom	$1,625	$2,006	-$381	-19.0%
1 Bedroom	$1,450	$1,660	-$210	-12.7%

Learn more about Lifestyle Search

Renters Reviews and Ratings

1.0

2 Renters Reviews

Sort by

Scary place!
November 20, 2024
We have had 3 shootings within half a block in one year! One was directly outside our bedroom! I would not recommend this place to anyone! The management will not do anything to make the neighborhood safer and has shown blatant disregard for the safety of their residents. Please if you have kids keep them safe and out of this area. Car thefts are rampant. One weekend 5 vehicles were stolen within a few hours within half a block. Our car was stolen and every neighbor we know has had someone break ...
into their car! I could go on but all I can say is protect yourself and your family! Don't live here!!!
Read More
Review from Apartments.com

Trashy
June 4, 2024
Apartments with potential but poor care. Just after moving and filling out the walkthrough sheet given by the office we were questioned and blamed for every flaw we found in our unit. Maintainece came to “Fix” the issues but really never did anything they show up 10 minutes before their shift ends and tell you “I can’t do this it will take to much time” so they do band aid work that with time it causes more issue. In as little as 5 minutes mainatance can “fix” time consuming work for you faster ...
than an actual professional! We have lately fixed our own problems and never ask them for help now. Neighbors are rude/disrespectful and inconsiderate. Parking outside your building is not practical to say the least. There is an apartment down the street that daily sets up a Taco stand and daily cars parked for their services crowd the streets. Recently I walked my dog in the area and walked by the dumpster overflowing trash mostly paper plates/ trash that the taco stand produces. It’s devestating because it’s not just a simple over flow but the whole trash is scattered all over the street/road with plates and other garbage. As soon as the city picks up the trash the dumpster is overflowing again that same day by mid day. How would you feel if Management then sends a letter to all units saying “ we will now raise your garbage fees due to an increase of trash being picked up?” We are soon to pay the price for the trash the taco stand produces ! After our first month moving here we had so many issues we came across that I felt I was ready to move out! It feels like an eternity since we moved in.. I can’t wait for the lease to end. How would you feel? Feel free to drive by these apartments, I can assure you on any given day you may choose to tour it you”ll see the dumpster situation.
Read More
Review from Apartments.com

Nearby Schools

Panther Lake Elementary School

Federal Way School District

34424 1st Avenue South

Public School - Grades PK-5 (414 Students)

In Attendance Zone1 minute drive / 0.1 miles away

School data provided by GreatSchools.

Points of Interest

Time and distance from Panther Lake Apartments.

Big Box and Retail

Costco

35100 Enchanted Pky S

3 minute drive / 1.31 miles away

Target

2201 S Commons

4 minute drive / 1.47 miles away

Walgreens

28817 Military Rd S

6 minute drive / 3.24 miles away

Groceries

Safeway

28810 Military Rd S

6 minute drive / 3.25 miles away

Albertson's

4010 A St SE

11 minute drive / 5.18 miles away

Hong Kong Supermarket

3828 Yakima Ave

16 minute drive / 7.58 miles away

Panther Lake Apartments has 5 shopping centers within 0.8 miles.

Rental Price Ranges in the Area

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Federal Way Studio Apartments	$1,420	$960	$1,650
Federal Way 1 Bedroom Apartments	$1,660	$999	$2,365
Federal Way 2 Bedroom Apartments	$2,006	$1,298	$3,350
Federal Way 3 Bedroom Apartments	$2,381	$1,467	$3,389
Federal Way 4 Bedroom Apartments	$2,351	$2,096	$2,533

Browse Top Apartments in Federal Way

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Viewing: Panther Lake Apartments | Desktop Version | Listing Updated: 04/27/2026 | AHLSLV

Panther Lake Apartments

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Panther Lake Apartments

About Panther Lake Apartments

Property Contact Info

Floorplan Pricing and Availability

New! Interactive Property Map

1 Bedroom

One Bedroom Flat

Availability Details

Model Amenities and Features

Features

Kitchen

Living Space

Outdoor Space

Unique Features

Model Rent and Fees

Model Price Range

2 Bedrooms

Two Bedroom Junior

$1,625

Model Gallery

Photos

Availability Details

Model Amenities and Features

Features

Kitchen

Living Space

Outdoor Space

Unique Features

Model Rent and Fees

Model Price

Unit 30-B Gallery

Photos

Property Map

Unit 30-B Amenities and Features

Features

Kitchen

Living Space

Outdoor Space

Unique Features

Unit 30-B Rent and Fees

Unit Price

Model Rent and Fees

Price

Unit 34011-B Amenities and Features

Features

Kitchen

Living Space

Outdoor Space

Unique Features

Unit 34011-B Rent and Fees

Unit Price

Model Rent and Fees

Price

Unit 34019-A Amenities and Features

Features

Kitchen

Living Space

Outdoor Space

Unique Features

Unit 34019-A Rent and Fees

Unit Price

Model Rent and Fees

Price

Two Bedroom Flat

From $1,675

Availability Details

Model Amenities and Features

Features

Kitchen

Living Space

Outdoor Space

Unique Features

Model Rent and Fees

Model Price Range

Current Available Pricing

Unit 31-C Gallery