Panther Lake Apartments

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

33 S 342nd Pl
Federal Way, WA 98003
(253) 299-8320
Panther Lake Apartments in Federal Way, WA - Building Photo
  • 1–2 Bedrooms
  • $1,495-$1,900Pricing
  • 700–1,050Square 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

Floorplan Pricing and Availability

Panther Lake Apartments offers 1 to 2 Bedroom apartments starting from $1,495 and having 700–1,050 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    One Bedroom Flat

    $1,495

    1 Bed, 1 Bath, 700 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,495Available NowOne Bedroom Flat700 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

    • $1,495

    One Bedroom Loft

    $1,495

    1 Bed, 1 Bath, up to 700 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,495Available NowOne Bedroom Loft up to 700 sq ft

    Model Amenities and Features

    Features

    • Cable Ready
    • Fireplace
    • Heating
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Space

    • Carpet
    • High Ceilings

    Unique Features

    • 1/2 Mo. Off Wiith 1 Year Lease

    Model Rent and Fees

    Model Price

    • $1,495
  • 2 Bedrooms

    Two Bedroom Flat

    From $1,670

    2 Beds, 1 Bath, 1000 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,670Available NowTwo Bedroom Flat1000 sq ft

    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

    Model Rent and Fees

    Model Price Range

    • $1,670 - $1,700

    Two Bedroom Townhouse

    From $1,800

    2 Beds, 1.5 Baths, 1009 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,800Available NowTwo Bedroom Townhouse1009 sq ft

    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

    • $1,800 - $1,850

    Two Bedroom Deluxe Townhouse

    $1,900

    2 Beds, 1.5 Baths, 1050 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,900Available NowTwo Bedroom Deluxe Townhouse1050 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

    • $1,900
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

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

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Due at Move-In
Administrative Fee$200
Due at Application
Application Fee Per Applicant$50

Other Fees

Pet Fees

Dog

One-Time Pet Fee$200
Monthly Pet Fee$0/mo
Pet Deposit$200

Cat

One-Time Pet Fee$200
Monthly Pet Fee$0/mo
Pet Deposit$200

Dogs

  • 20 Lb Weight Limit

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 Wiith 1 Year Lease
  • 1/2 Mo. Off With 1 Year Lease
  • After Hours Maintenace Emergency Availa

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
Google Map

Map

33 S 342nd Pl, Federal Way, WA 98003

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

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 $1,495 to $1,900

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

  • Affordability Nice Value3.0

    The Panther Lake Apartments Apartments are 18.9% cheaper than the average apartment in the Federal Way area, and 14.25% cheaper than the average apartment city-wide.

    Rent Comparison to the Federal Way Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,495$1,800-$305-16.9%
    2 Bedroom$1,670$2,112-$442-20.9%

    Rent Comparison to the city of Federal Way

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,495$1,702-$207-12.2%
    2 Bedroom$1,670$1,995-$325-16.3%

    Methodology: On 10/02/2025, ApartmentHomeLiving.com compared current rents by floorplan to 708 other apartment communities in the immediate area around Panther Lake Apartments (Federal Way), and 303 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 10/02/2025

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.9
2 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • 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

Illahee Middle School

Federal Way
36001 1st Avenue South
Public School - Grades 5-8 (671 Students)
In Attendance Zone3 minute drive / 1.2 miles away
4/10

Todd Beamer High School

Federal Way
35999 16th Avenue South
Public School - Grades 9-12 (1302 Students)
In Attendance Zone4 minute drive / 1.5 miles away
3/10

Panther Lake Elementary School

Federal Way
34424 1st Avenue South
Public School - Grades PK-5 (414 Students)
In Attendance Zone1 minute drive / 0.1 miles away
4/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

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

Colleges and Universities

Highline Community College

2400 S 240th St
13 minute drive / 6.24 miles away

University of Washington, Tacoma

1900 Commerce St
13 minute drive / 6.36 miles away

Green River Community College

12401 SE 320th Street
15 minute drive / 7.19 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

Hospitals

St. Francis Community Hospital

34515 9th Avenue South
1 minute drive / 0.64 miles away

Multicare Auburn Medical Center

202 North Division Street Plaza One
10 minute drive / 4.74 miles away

St. Joseph Medical Center

1717 South J Street
14 minute drive / 6.72 miles away

Shopping Centers

Quad Shopping Center

32717-32925 1st Ave S
1 minute drive / 0.58 miles away

Winco Shopping Center

1st Ave S
1 minute drive / 0.58 miles away

Kitts Corner

S 336th St
2 minute drive / 0.69 miles away

Panther Lake Apartments has 5 shopping centers within 0.8 miles.

Transit Stations

Auburn Station-Sounder South Line

79 B St SW
9 minute drive / 4.6 miles away

Tacoma Dome Station-Tacoma Link

431 E 25th St
13 minute drive / 6.2 miles away

Tacoma Dome Station-Sounder South Line

431 E 25th St
13 minute drive / 6.2 miles away

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $905
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Studio to 5 Bedroom Apartments from $905
View Rentals
Studio to 5 Bedroom Apartments from $550
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Federal Way Studio Apartments $1,532$905$1,899
Federal Way 1 Bedroom Apartments $1,702$550$10,000+
Federal Way 2 Bedroom Apartments $1,995$1,285$4,965
Federal Way 3 Bedroom Apartments $2,389$1,800$2,990
Federal Way 4 Bedroom Apartments $2,312$2,146$2,600

Browse Top Apartments in Federal Way

Viewing: Panther Lake Apartments | Desktop Version | Listing Updated: 10/03/2025 | AHLSLV