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Panther Lake Apartments

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

Contact

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
  • $1,595-$1,895 Pricing
  • 700–1,009 Square Feet

About 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

Office Hours

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

Floorplan Pricing and Availability

Panther Lake Apartments offers 1 to 2 Bedroom apartments starting from $1,595 and having 700–1,009 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    One Bedroom Loft

    $1,595

    1 Bed, 1 Bath, 700 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,595Available NowOne Bedroom Loft700 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

    • $1,595

    One Bedroom Flat

    $1,595

    1 Bed, 1 Bath, 700 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotos
    $1,595Available Now20-C700

    Unit 20-C 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

    Unit 20-C Rent and Fees

    Unit Price

    • $1,595

    Model Rent and Fees

    Price

    • $1,595
  • 2 Bedrooms

    Two Bedroom Flat

    From $1,700

    2 Beds, 1 Bath, 1000 sq ft
    Available Now
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotosView Details
    $1,700Available Now31-C1000$1,675
    $1,795Available Now34007-C1000$1,795

    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

    • $1,700 - $1,795

    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

    • $1,700

    Deposit

    • $1,675 deposit

    Model Rent and Fees

    Model Price Range

    • $1,700 - $1,795

    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

    • $1,700 - $1,795

    Two Bedroom Junior

    $1,725

    2 Beds, 1 Bath, 800 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,725Available Now34011-B800
    $1,725Available Now34019-A800

    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

    • $1,725

    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

    • $1,725

    Model Rent and Fees

    Price

    • $1,725

    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

    • $1,725

    Model Rent and Fees

    Price

    • $1,725

    Two Bedroom Townhouse

    $1,895

    2 Beds, 1.5 Baths, 1009 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,895Available Now11-D1009
    $1,895Available Now15-C1009
    $1,895Available Now34005-C1009

    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

    • $1,895

    Unit 11-D 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 11-D Rent and Fees

    Unit Price

    • $1,895

    Model Rent and Fees

    Price

    • $1,895

    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

    • $1,895

    Model Rent and Fees

    Price

    • $1,895

    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

    • $1,895

    Model Rent and Fees

    Price

    • $1,895
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

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 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
20 lbs. 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
  • 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
Google Map

Map

33 S 342nd Pl, Federal Way, WA 98003

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 $1,595 to $1,895

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 13.85% cheaper than the average apartment in the Federal Way area, and 10.2% cheaper than the average apartment city-wide.

    Rent Comparison to the Federal Way Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,595$1,715-$120-7.0%
    2 Bedroom$1,700$2,143-$443-20.7%

    Rent Comparison to the city of Federal Way

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,595$1,634-$39-2.4%
    2 Bedroom$1,700$2,074-$374-18.0%

    Methodology: On 06/16/2026, ApartmentHomeLiving.com compared current rents by floorplan to 713 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 06/16/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

1.0
2 Renters Reviews
  • Scary place!

    November 20, 2024 - Review from Apartments.com
    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
  • Trashy

    June 4, 2024 - Review from Apartments.com
    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

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
4/10

Todd Beamer High School

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

Illahee Middle School

Federal Way School District
36001 1st Avenue South
Public School - Grades K-8 (671 Students)
In Attendance Zone3 minute drive / 1.2 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

Campus Highlands

Studio to 5 Bedroom Apartments from $960
View Rentals

West Campus

Studio to 5 Bedroom Apartments from $960
View Rentals

Federal Way

Studio to 5 Bedroom Apartments from $564
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Federal Way Studio Apartments $1,467$960$1,955
Federal Way 1 Bedroom Apartments $1,634$1,111$2,365
Federal Way 2 Bedroom Apartments $2,074$1,295$3,350
Federal Way 3 Bedroom Apartments $2,431$1,467$3,377
Federal Way 4 Bedroom Apartments $2,531$2,302$2,627

Browse Top Apartments in Federal Way

Viewing: Panther Lake Apartments | Desktop Version | Listing Updated: 06/10/2026 | AHLSLV