
Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.


Maplewood
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.

ReNew Dash Point

31003 14th Ave S

Sunset Three Twenty

Terra

Panther Lake Apartments

31003 14th Ave S, Unit B4

Greystone Meadows
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.

31182 3rd Ct S
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2739 SW 347th Pl
Alderbrook, Federal Way, WA Local Guide

How much does it cost to rent an apartment in Alderbrook?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alderbrook Studio Apartments | $1,275 | $860 | $1,832 |
Alderbrook 1 Bedroom Apartments | $1,680 | $1,025 | $2,335 |
Alderbrook 2 Bedroom Apartments | $2,032 | $1,220 | $2,686 |
Alderbrook 3 Bedroom Apartments | $2,386 | $1,800 | $3,195 |
Alderbrook 4 Bedroom Apartments | $2,665 | $2,230 | $3,975 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Alderbrook Neighborhood of Federal Way, WA.
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Alderbrook, Federal Way, WA Local Guide
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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 Celebration Senior Living priced from $1,100. Panther Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Celebration Senior Living | 1 Bed, 1 bath | 1BR,1BA | $1,100 |
Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $1,495 |
Northview Terrace | 1BR/1.0BA | 1BR,1BA | $1,500 |
Cedar Gardens Apartments | 1BR/1.0BA | 1BR,1BA | $1,525 |
Park 16 | Hummingbird | 1BR,1BA | $1,583 |
Best Value Apartments for Rent in Alderbrook, WA
As of June 20, 2025 the best value apartment in the Alderbrook area is the $2.05 price per square foot Collingwood Model at Arcadia Townhomes in the in the Alderbrook neighborhood starting from $2,450. The second greatest value Alderbrook apartment is the C1 Model at ReNew Dash Point starting at $2,015 with a $1.83 price per square foot in the Redondo 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. |
---|---|---|---|
Arcadia Townhomes | Collingwood | 2BR,2.5BA | $2.05 |
ReNew Dash Point | C1 | 3BR,1BA | $1.83 |
Pavilion | Salerno | 2BR,2BA | $1.85 |
Redondo Ridge | Two Bed | 2BR,1.5BA | $2.07 |
Campus View | TH2 | 2BR,1.5BA | $1.83 |
Crosspointe | Two Bedroom One Bath | 2BR,1BA | $1.99 |
Greystone Meadows | 2x1 | 2BR,1BA | $2.06 |
Kitts Corner | Athens | 1BR,1BA | $1.93 |
Uptown Square | Bolden | 1BR,1BA | $1.95 |
Celebration Senior Living | 2 Beds, 1 bath | 2BR,1BA | $1.67 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleAlderbrook, Federal Way, WA
Ranked #8
Among neighborhoods in Federal Way, WA 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
What is the price of a cheap apartment in Alderbrook?
The cheapest apartment in Alderbrook is Celebration Senior Living which is listed at $1,100, while the average apartment in Alderbrook costs $2,958.
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 70 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 $969 which is $1,989 cheaper than the average rent for all rentals in Alderbrook.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.