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Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.
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$905 - $1,395Studio to 2 Bedroom Apartments Available Now
Cove East
33030 1st Ave SFederal Way, WA 98003
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$1,300 - $1,8001 to 3 Bedroom Apartments Contact Us For Availability
Maplewood
4519 SW 321st StFederal Way, WA 98023
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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.
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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.
420 S 321st Pl
Federal WayWA98003
Showing Results 1-9, Page 1 of 1
Alderbrook, Federal Way, WA Local Guide
Dedication of Downtown Flag and Veterans Way by Darel Roa Photography is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Alderbrook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alderbrook Studio Apartments | $1,632 | $905 | $1,899 |
| Alderbrook 1 Bedroom Apartments | $1,610 | $550 | $2,380 |
| Alderbrook 2 Bedroom Apartments | $1,951 | $1,285 | $3,210 |
| Alderbrook 3 Bedroom Apartments | $2,362 | $1,800 | $3,231 |
| Alderbrook 4 Bedroom Apartments | $2,260 | $2,146 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Alderbrook Neighborhood of Federal Way, WA.
See all Apartments in Federal WayExplore Federal Way
Alderbrook, Federal Way, WA Local Guide
- Nearby Federal Way neighborhoods
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Cheapest Available Alderbrook Apartments for Rent
The cheapest available apartment rental in the Alderbrook area of Federal Way, WA is a 1 Bed unit found at Terra priced from $1,213. Cove East has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,285. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra | 1x1 | 1BR,1BA | $1,213 |
| Cove East | Oak | 2BR,1BA | $1,285 |
| Park 16 | Hummingbird | 1BR,1BA | $1,333 |
Best Value Apartments for Rent in Alderbrook, WA
As of November 08, 2025 the best value apartment in the Alderbrook area is the $2.03 price per square foot Two Bedroom Two Bath Model at Crosspointe in the in the Jovita neighborhood starting from $1,950. The second greatest value Alderbrook apartment is the Armstrong Model at Uptown Square starting at $1,588 with a $1.76 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crosspointe | Two Bedroom Two Bath | 2BR,2BA | $2.03 |
| Uptown Square | Armstrong | 1BR,1BA | $1.76 |
| Bayview Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $2.09 |
| Terra | 2x1 | 2BR,1BA | $1.84 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
| Kitts Corner | Athens | 1BR,1BA | $1.93 |
| Glen Park At West Campus | A1 | 1BR,1BA | $2.01 |
| Cove East | Oak | 2BR,1BA | $1.61 |
| Campus View | 1L | 1BR,1BA | $2.07 |
| Park 16 | Hummingbird | 1BR,1BA | $2.12 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleAlderbrook, Federal Way, WA
Ranked #5
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
How much is rent for a Cheap One Bedroom Alderbrook Apartment?
The lowest price for a Cheap One Bedroom Alderbrook Apartment is $1,213 at Terra.
What is the lowest price for a Cheap Two Bedroom Alderbrook Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alderbrook is starting from $1,285 at Cove East.
What is the most affordable Alderbrook Three Bedroom Apartment?
The best deal on a cheap Alderbrook Three Bedroom Apartment rental is at Park 16 and starts from $1,942.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.