Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.

property at 31003 14th Ave S

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

31003 14th Ave S, Unit F3

31003 14th Ave S
Federal WayWA98003

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 33711 37th Pl SW

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

Studio, 1 Bath Home for Rent

Available Now

33711 37th Pl SW

Federal WayWA98023
close
View Me
Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
close
View Me
Celebration Senior Living
1 to 2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
  • Utilities Included
close
View Me
Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included
close
View Me
Terra
Studio to 2 Bedroom Apartments

Terra

2111 SW 352nd StFederal Way, WA 98023
close
View Me
The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003
close
View Me
Align Apartments
2 to 3 Bedroom Apartments

Align Apartments

35434-35434 25th Ave SWFederal Way, WA 98023
Corporate Housing

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
Northview Terrace
1 to 2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023
close
View Me
The Cove
1 to 2 Bedroom Apartments

The Cove

33131 1st Ave SWFederal Way, WA 98023
close
View Me
Redondo Ridge
2 Bedroom Apartments

Redondo Ridge

30323-30331 15th Ct SFederal Way, WA 98003
close
View Me
The Fairways
Rent Specials
$1,539 - $2,652
Total Monthly Price

Total Monthly Price

Base Rent
$1,539 - $2,652
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Fairways

4901 Fairwood Blvd NETacoma, WA 98422
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-42, Page 1 of 1

Alderbrook, Federal Way, WA Local Guide

Cheapest Available Alderbrook Apartments for Rent

 

The cheapest available apartment rental in the Alderbrook area of Federal Way, WA is a 2 Beds unit found at Lake Apartments priced from $1,295. Terra has the second lowest priced unit, which is a Studio apartment currently listed from $1,360. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Lake Apartments2 BR/ 1 BA2BR,1BA$1,295
TerraStudioStudio,1BA$1,360
Ridge & ShoresA11BR,1BA$1,429
Park 16Goldfinch2BR,2BA$1,459
ReNew Dash PointA21BR,1BA$1,469
The CommonsOne Bedroom1BR,1BA$1,504
Encore Apartment Homes1x1 A1BR,1BA$1,533
The FairwaysA31BR,1BA$1,539
Campus View1L1BR,1BA$1,550
Sunset Three TwentyA1: 1 Bed 1 Bath1BR,1BA$1,559

Best Value Apartments for Rent in Alderbrook, WA

As of May 30, 2026 the best value apartment in the Alderbrook area is the $1.08 price per square foot 2 BR/ 1 BA Model at Lake Apartments in the in the Redondo neighborhood starting from $1,295. The second greatest value Alderbrook apartment is the Barcelona Model at Kitts Corner starting at $1,952 with a $1.75 price per square foot in the West Campus neighborhood. Here is today’s list of the best values for Alderbrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Apartments2 BR/ 1 BA2BR,1BA$1.08
Kitts CornerBarcelona2BR,2BA$1.75
Greystone Meadows3x2 S3BR,2BA$1.90
Bayview Apartment Homes2 Bed 2 Bath2BR,2BA$2.06
Uptown SquareArmstrong1BR,1BA$1.82
Northview Terrace2BR/1.0BA2BR,1BA$2.08
Maplewood2B 1B2BR,1BA$2.01
Glen Park At West CampusA11BR,1BA$2.00
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$2.03
Campus View1L1BR,1BA$2.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Alderbrook, Federal Way, WA

Ranked #8

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Washington and customized analysis for Central Federal Way, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Alderbrook Apartments

What is the price of a cheap apartment in Alderbrook?

The cheapest apartment in Alderbrook is Ridge & Shores which is listed at $1,429, while the average apartment in Alderbrook costs $2,723.

What types of apartments are the cheapest in Alderbrook?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Alderbrook that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Alderbrook?

Cheap apartments in Alderbrook have an average cost of $1,397 which is $1,326 cheaper than the average rent for all rentals in Alderbrook.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.