Cheap 2 Bedroom Apartments for Rent in Federal Way, WA from $1,298 (53 Rentals)

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Avana Star Lake
$1,610 - $1,855
Total Monthly Price

Total Monthly Price

Base Rent
$1,361 - $2,375
Total Monthly Price
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2 Bedroom Apartments Available Now

Avana Star Lake

2211 S STAR LAKE RdFederal Way, WA 98003
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Parkway Apartments
2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included
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Celebration Senior Living
2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
  • Utilities Included
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View at the Lake
2 Bedroom Apartments

View at the Lake

30602 Pacific Hwy SFederal Way, WA 98003
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Villa Capri
2 Bedroom Apartments

Villa Capri

28621 25th Pl SFederal Way, WA 98003

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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Redondo Heights II
2 Bedroom Apartments

Redondo Heights II

1810 South 276th StreetFederal Way, WA 98003
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Align Apartments
2 Bedroom Apartments

Align Apartments

35434-35434 25th Ave SWFederal Way, WA 98023
Corporate Housing
property at 2500 S 286th Pl

$1,795 - $1,950

2 Bedroom Rentals

Available Now

2500 S 286th Pl

Federal WayWA98003
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Northview Terrace
2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023

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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Avana West Hill
$1,650 - $2,052
Total Monthly Price

Total Monthly Price

Base Rent
$1,656 - $2,169
Total Monthly Price
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2 Bedroom Apartments Available Now

Avana West Hill

24849 46th Ave SKent, WA 98032
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The Fairways
Rent Specials
$1,778 - $2,341
Total Monthly Price

Total Monthly Price

Base Rent
$1,566 - $2,377
Total Monthly Price
Varies
2 Bedroom Apartments Available Now

The Fairways

4901 Fairwood Blvd NETacoma, WA 98422
Corporate Housing
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Cottonwood
2 Bedroom Apartments

Cottonwood

25919 25th Ln SKent, WA 98032
  • Utilities Included
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Timber Heights
2 Bedroom Apartments

Timber Heights

4809-4822 S 252nd PlKent, WA 98032
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The Lakes
2 Bedroom Apartments

The Lakes

2301 58th Ave EFife, WA 98424

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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Federal Way, WA Local Guide

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.

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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.

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The 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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Cash 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.

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Quick 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.

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Federal Way, WA
Population: 97,044

Ranked #324

in US Census Population by City

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Best Local Schools in
Federal Way, WA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Federal Way Apartments

What is the Cheapest Studio apartment in Federal Way?

Currently the most affordable Cheap Studio Apartment in Federal Way is at Meridian Court Senior Affordable Apartments listed at $1,299.

How much is rent for a Cheap One Bedroom Federal Way Apartment?

The lowest price for a Cheap One Bedroom Federal Way Apartment is $1,299 at Meridian Court Senior Affordable Apartments.

What is the lowest price for a Cheap Two Bedroom Federal Way Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Federal Way is starting from $1,299 at Meridian Court Senior Affordable Apartments.

What is the most affordable Federal Way Three Bedroom Apartment?

The best deal on a cheap Federal Way Three Bedroom Apartment rental is at Meridian Court Senior Affordable Apartments and starts from $1,299.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.