Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (20 Rentals)

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

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Sunset Three Twenty
Rent Specials
$1,437 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,216 - $2,069
Required Monthly Fees
$221

Total Monthly Price
$1,437 - $2,290
1 to 3 Bedroom Apartments Available Now

Sunset Three Twenty

1901 SW 320th StFederal Way, WA 98023
Corporate Housing
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  • Customer Reviewed
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Greystone Meadows
$1,474 - $2,821
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $2,718
Required Monthly Fees
$103

Total Monthly Price
$1,474 - $2,821
1 to 3 Bedroom Apartments Available Now

Greystone Meadows

31500 1st Ave SFederal Way, WA 98003
Family Friendly
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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
  • Utilities Included
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Celebration Senior Living
1 to 2 Bedroom Apartments

Celebration Senior Living

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

Parkway Apartments

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

Terra

2111 SW 352nd StFederal Way, WA 98023

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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 1 Bed unit found at Terra priced from $1,296. Park 16 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,333. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Terra1x11BR,1BA$1,296
Park 16Hummingbird1BR,1BA$1,333
Kitts CornerAthens1BR,1BA$1,400
Encore Apartment Homes1x1 A1BR,1BA$1,436
Sunset Three Twenty1 Bed - 1 Bath1BR,1BA$1,437

Best Value Apartments for Rent in Alderbrook, WA

As of February 11, 2026 the best value apartment in the Alderbrook area is the $1.99 price per square foot Brierwood Model at Arcadia Townhomes in the in the Alderbrook neighborhood starting from $2,600. The second greatest value Alderbrook apartment is the C1 Model at Glen Park At West Campus starting at $2,532 with a $1.96 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.
Arcadia TownhomesBrierwood3BR,2.5BA$1.99
Glen Park At West CampusC13BR,2.5BA$1.96
Greystone Meadows3x2 S3BR,2BA$1.93
Campus View2L2BR,1BA$1.75
Uptown SquareArmstrong1BR,1BA$1.77
Northview Terrace2BR/1.0BA2BR,1BA$1.96
Maplewood2B 1B2BR,1BA$2.01
Terra2x12BR,1BA$1.96
Kitts CornerAthens1BR,1BA$1.71
Encore Apartment Homes1x1 A1BR,1BA$2.02

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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.

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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.

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Pet Friendly Lifestyle
Alderbrook, Federal Way, WA

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Terra which is listed at $200, while the average apartment in Alderbrook costs $2,673.

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 39 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 $999 which is $1,674 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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.