
Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.


33640 27th Pl SW

Maplewood

Panther Lake Apartments

Total Monthly Price
Greystone Meadows

Kitts Corner

31003 14th Ave S, Unit G03

432 S 321st Pl, Unit G-1
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.

Ridge & Shores

Campus View

Glen Park At West Campus

Crosspointe

Park 16

ReNew Dash Point

Uptown Square

Total Monthly Price
Sunset Three Twenty
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.

Encore Apartment Homes

33020 10th Ave SW, Unit Y101

Westhampton

Cedar Gardens Apartments

Cedardale

30812 16th Pl SW

Rai Apartments

Trouve
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.

Westboro Apartments

Celebration Senior Living

Parkway Apartments

Terra

Campus Landing Apartments

The Commons

Northview Terrace

The Shores Apartments
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.

The Cove

Align Apartments

Portofino Apartments

Bayview Apartment Homes

Total Monthly Price
The Fairways

Norpoint 8 Apartments

Northpoint Ridge Apartments

Rainier Sound View Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $960 | $960 | $960 |
| Alderbrook 1 Bedroom Apartments | $1,696 | $1,150 | $2,395 |
| Alderbrook 2 Bedroom Apartments | $1,922 | $1,365 | $2,899 |
| Alderbrook 3 Bedroom Apartments | $2,441 | $1,800 | $3,649 |
| Alderbrook 4 Bedroom Apartments | $2,170 | $2,096 | $2,396 |
Browse Apartments in this Neighborhood
There are currently 40 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
- 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 Studio unit found at Terra priced from $1,177. Maplewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra | Studio | Studio,1BA | $1,177 |
| Maplewood | 1B 1B | 1BR,1BA | $1,350 |
| Kitts Corner | Athens | 1BR,1BA | $1,500 |
| The Commons | One Bedroom | 1BR,1BA | $1,541 |
| Ridge & Shores | A1 | 1BR,1BA | $1,545 |
| Glen Park At West Campus | A1 | 1BR,1BA | $1,550 |
| Campus View | 1L | 1BR,1BA | $1,550 |
| Crosspointe | One Bedroom One Bath | 1BR,1BA | $1,575 |
| Park 16 | Hummingbird | 1BR,1BA | $1,583 |
| ReNew Dash Point | A2 | 1BR,1BA | $1,589 |
Best Value Apartments for Rent in Alderbrook, WA
As of April 02, 2026 the best value apartment in the Alderbrook area is the $2.09 price per square foot Collingwood Model at Arcadia Townhomes in the in the Alderbrook neighborhood starting from $2,500. The second greatest value Alderbrook apartment is the Residence 3 Model at Align Apartments starting at $2,299 with a $1.97 price per square foot in the New Tacoma 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 | $2.09 |
| Align Apartments | Residence 3 | 3BR,2BA | $1.97 |
| Encore Apartment Homes | 3 Bedrooms, 2 Bathrooms | 3BR,2BA | $1.98 |
| Uptown Square | Armstrong | 1BR,1BA | $1.77 |
| Greystone Meadows | 2x1 | 2BR,1BA | $2.06 |
| Kitts Corner | Athens | 1BR,1BA | $1.83 |
| Glen Park At West Campus | A1 | 1BR,1BA | $1.92 |
| Panther Lake Apartments | Two Bedroom Junior | 2BR,1BA | $2.03 |
| Campus View | 1F | 1BR,1BA | $2.13 |
| Maplewood | 1B 1B | 1BR,1BA | $2.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleCash 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 ArticleQuick 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.
Pet Friendly LifestyleAlderbrook, Federal Way, WA
Ranked #9
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 Maplewood which is listed at $1,325, while the average apartment in Alderbrook costs $2,543.
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 53 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 $1,177 which is $1,366 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

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.

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.

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.

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.