Cheap 2 Bedroom Apartments for Rent in Federal Way, WA from $1,298 (60 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

Read Article

Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

Read Article
close
View Me
Celebration Senior Living
2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
  • Utilities Included
close
View Me
Parkway Apartments
2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included
close
View Me
View at the Lake
2 Bedroom Apartments

View at the Lake

30602 Pacific Hwy SFederal Way, WA 98003
close
View Me
Terra
2 Bedroom Apartments

Terra

2111 SW 352nd StFederal Way, WA 98023

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Read Article
close
View Me
Redondo Heights II
2 Bedroom Apartments

Redondo Heights II

1810 South 276th StreetFederal Way, WA 98003
close
View Me
Park at Dashpoint
2 Bedroom Apartments

Park at Dashpoint

31736 SW 50th LnFederal Way, WA 98023
close
View Me
The Commons
2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003
close
View Me
Villa Capri
2 Bedroom Apartments

Villa Capri

28621 25th Pl SFederal Way, WA 98003
close
View Me
Encore
2 Bedroom Apartments

Encore

125 SW Campus DrFederal Way, WA 98023
close
View Me
Align Apartments
2 Bedroom Apartments

Align Apartments

35434-35434 25th Ave SWFederal Way, WA 98023
Corporate Housing
property at 2500 S 286th Pl
$1,650 - $1,795
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2500 S 286th Pl

Federal WayWA98003

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Northview Terrace
2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023
close
View Me
The Fairways
Rent Specials
$1,715 - $2,051

Total Monthly Price

Base Rent$1,450 - $2,314
Total Monthly PriceVaries
2 Bedroom Apartments Available Now

The Fairways

4901 Fairwood Blvd NETacoma, WA 98422
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

Federal Way, WA Local Guide

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 Article
Decorative image

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.

Read Article

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Federal Way, WA
Population: 97,044

Ranked #324

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Best Local Schools in
Federal Way, WA

School data provided by Great Schools

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

Explore Federal Way, WA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Federal Way, WA

View Map
Federal Way, WA Apartments Map
View Map
Federal Way, WA Rental Homes Map

Frequently Asked Questions about Cheap Federal Way Apartments

What is a cheap apartment in Federal Way?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Federal Way is under $1,395.

What is the price of a cheap apartment in Federal Way?

The cheapest apartment in Federal Way is Meridian Court Senior Affordable Apartments which is listed at $1,399, while the average apartment in Federal Way costs $1,769.

What types of apartments are the cheapest in Federal Way?

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 464 regular apartments in Federal Way 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 Federal Way?

Cheap apartments in Federal Way have an average cost of $968 which is $801 cheaper than the average rent for all rentals in Federal Way.

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 Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.