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Cheap Homes for Rent in Alderbrook Neighborhood of Federal Way, WA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Alderbrook area of Federal Way.
31182 3rd Ct S
Federal WayWA98003
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420 S 321st Pl
Federal WayWA98003
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.
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2947 58th Ave NE
TacomaWA98422
32902 26th Pl SW, Unit 1- Upper level
32902 26th Pl SW
Federal WayWA98023
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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.
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Alderbrook, Federal Way, WA Local Guide
Dedication of Downtown Flag and Veterans Way by Darel Roa Photography is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Alderbrook?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alderbrook 3 Bedroom Homes for Rent | $2,988 | $2,295 | $4,000 |
| Alderbrook 4 Bedroom Homes for Rent | $2,909 | $700 | $3,695 |
| Alderbrook 5 Bedroom Homes for Rent | $3,608 | $3,485 | $3,845 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 2 Beds unit found at Cove East priced from $1,285. Bayview Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cove East | Oak | 2BR,1BA | $1,285 |
| Bayview Apartment Homes | 1 Bed 1 Bath A | 1BR,1BA | $1,400 |
| Park 16 | Hummingbird | 1BR,1BA | $1,441 |
Best Value Apartments for Rent in Alderbrook, WA
As of October 25, 2025 the best value apartment in the Alderbrook area is the $1.90 price per square foot Driftwood Model at The Ridge and The Shores in the in the West Campus neighborhood starting from $1,709. The second greatest value Alderbrook apartment is the 2 Bedrooms, 1 Bathroom Model at Encore Apartment Homes starting at $1,815 with a $2.07 price per square foot in the Alderbrook 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. |
|---|---|---|---|
| The Ridge and The Shores | Driftwood | 2BR,1BA | $1.90 |
| Encore Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.07 |
| Northview Terrace | 2BR/1.0BA | 2BR,1BA | $2.02 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
| Kitts Corner | Athens | 1BR,1BA | $1.93 |
| Uptown Square | Bolden | 1BR,1BA | $1.95 |
| Glen Park At West Campus | A1 | 1BR,1BA | $2.03 |
| Cove East | Oak | 2BR,1BA | $1.61 |
| Campus View | 1L | 1BR,1BA | $2.07 |
| Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $2.14 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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.
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Pet Friendly LifestyleAlderbrook, Federal Way, WA
Ranked #7
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Alderbrook
What type of rentals are currently available in Alderbrook?
There are currently 77 Apartments for Rent in Alderbrook, WA with pricing that ranges from $550 to $3,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderbrook ranging from $700 to $4,000.
What is the current price range for Rental Homes in Alderbrook?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alderbrook ranges from $700 to $4,000 with an average monthly rent of $2,725.
How much are larger Three and Four Bedroom Rentals in Alderbrook?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alderbrook range from $1,800 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $4,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $2,180.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.