
Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.


518 S 321st St

Cove East

Maplewood

Park 16

Kitts Corner
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Encore Apartment Homes

Total Monthly Price
Sunset Three Twenty

Campus View

ReNew Dash Point

Total Monthly Price
Greystone Meadows

Panther Lake Apartments
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Cedar Gardens Apartments

Westboro Apartments

Celebration Senior Living

Parkway Apartments

Terra

Campus Landing Apartments
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Bayview Apartment Homes

5811 27th St NE
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 | $1,519 | $960 | $1,799 |
| Alderbrook 1 Bedroom Apartments | $1,688 | $1,150 | $2,850 |
| Alderbrook 2 Bedroom Apartments | $1,904 | $1,365 | $3,295 |
| Alderbrook 3 Bedroom Apartments | $2,397 | $1,800 | $2,907 |
| Alderbrook 4 Bedroom Apartments | $2,213 | $2,096 | $2,396 |
Browse Apartments in this Neighborhood
There are currently 20 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
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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 $1,296. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra | 1x1 | 1BR,1BA | $1,296 |
| Park 16 | Hummingbird | 1BR,1BA | $1,333 |
| Kitts Corner | Athens | 1BR,1BA | $1,400 |
| Encore Apartment Homes | 1x1 A | 1BR,1BA | $1,436 |
| Sunset Three Twenty | 1 Bed - 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arcadia Townhomes | Brierwood | 3BR,2.5BA | $1.99 |
| Glen Park At West Campus | C1 | 3BR,2.5BA | $1.96 |
| Greystone Meadows | 3x2 S | 3BR,2BA | $1.93 |
| Campus View | 2L | 2BR,1BA | $1.75 |
| Uptown Square | Armstrong | 1BR,1BA | $1.77 |
| Northview Terrace | 2BR/1.0BA | 2BR,1BA | $1.96 |
| Maplewood | 2B 1B | 2BR,1BA | $2.01 |
| Terra | 2x1 | 2BR,1BA | $1.96 |
| Kitts Corner | Athens | 1BR,1BA | $1.71 |
| Encore Apartment Homes | 1x1 A | 1BR,1BA | $2.02 |
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.
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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
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 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

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.