Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (17 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.

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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

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

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.

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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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Northview Terrace
1 to 2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023

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 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 ListingModel NameBed/BathPriced From
Celebration Senior Living1 Bed, 1 bath1BR,1BA$1,100
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$1,495
Northview Terrace1BR/1.0BA1BR,1BA$1,500
Cedar Gardens Apartments1BR/1.0BA1BR,1BA$1,525
Park 16Hummingbird1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arcadia TownhomesCollingwood2BR,2.5BA$2.05
ReNew Dash PointC13BR,1BA$1.83
PavilionSalerno2BR,2BA$1.85
Redondo RidgeTwo Bed2BR,1.5BA$2.07
Campus ViewTH22BR,1.5BA$1.83
CrosspointeTwo Bedroom One Bath2BR,1BA$1.99
Greystone Meadows2x12BR,1BA$2.06
Kitts CornerAthens1BR,1BA$1.93
Uptown SquareBolden1BR,1BA$1.95
Celebration Senior Living2 Beds, 1 bath2BR,1BA$1.67

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Pet Friendly Lifestyle
Alderbrook, Federal Way, WA

Ranked #8

Among neighborhoods in Federal Way, WA 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 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.

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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.

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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.

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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.

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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.