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$905 - $1,395Studio to 2 Bedroom Apartments Contact Us For Availability
Cove East
33030 1st Ave SFederal Way, WA 98003
Cheap Apartments for Rent in Federal Way, WA from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Federal Way.
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$1,100 - $1,6851 to 2 Bedroom Apartments Available Now
Meridian Court Senior Affordable Apartments
31420 23rd Ave SFederal Way, WA 98003
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$1,277 - $2,2501 to 3 Bedroom Apartments Available Now
Avana Star Lake
2211 S STAR LAKE RdFederal 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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$1,299 - $1,600Studio to 1 Bedroom Apartments Available Now
Arbor Woods Apartments
1800 S 330th StFederal Way, WA 98003
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$1,300 - $1,8001 to 3 Bedroom Apartments Contact Us For Availability
Maplewood
4519 SW 321st StFederal Way, WA 98023
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$1,311 - $2,039Studio to 2 Bedroom Apartments Available Now
Crestview West Apartments
27912 Pacific Hwy SFederal Way, WA 98003
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$1,375 - $2,005Studio to 3 Bedroom Apartments Available Jul 31
La Madera Apartments
28620 Pacific Hwy SFederal Way, WA 98003
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$1,384 - $2,2501 to 3 Bedroom Apartments Available Now
ReNew Dash Point
31004 19th Pl SWFederal Way, WA 98023
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$1,395 - $2,204Studio to 2 Bedroom Apartments Available Now
Terra
2111 SW 352nd StFederal Way, WA 98023
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$1,395 - $1,7451 to 2 Bedroom Apartments Available Now
View at the Lake
30602 Pacific Hwy SFederal Way, WA 98003
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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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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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$1,095 - $1,2851 to 2 Bedroom Apartments Contact Us For Availability
Cottonwood
25919 25th Ln SKent, WA 98032
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$1,300 - $1,7001 to 2 Bedroom Apartments Contact Us For Availability
Mark Twain Apartments
2408-2419 98th Ave Ct EEdgewood, WA 98371
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$1,320 - $1,7601 Bedroom Apartments Available Now
The Park at Fife
2110-2126 62nd Ave EFife, WA 98424
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$1,399 - $1,7941 to 2 Bedroom Apartments Available Now
The Lakes at Fife
2301 58th Ave EFife, WA 98424
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.
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$1,400 - $3,2241 to 2 Bedroom Apartments Available Now
The Village of Newport
2500 S 272nd StKent, WA 98032
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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 an apartment in Federal Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Federal Way Studio Apartments | $1,511 | $905 | $2,000 |
| Cheap Federal Way 1 Bedroom Apartments | $1,608 | $1,080 | $3,961 |
| Cheap Federal Way 2 Bedroom Apartments | $1,954 | $1,130 | $2,839 |
| Cheap Federal Way 3 Bedroom Apartments | $2,345 | $1,800 | $3,398 |
| Cheap Federal Way 4 Bedroom Apartments | $2,347 | $2,180 | $2,452 |
Browse Top Apartments in Federal Way
See all Apartments in Federal WayExplore Federal Way
Federal Way, WA Local Guide
Written By:
Staff Writer Local Guide Expert
- Federal Way Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Federal Way, WA
Pricing Updated: 07/24/2025Current apartment rentals in the Federal Way, WA area range in price from $905 to $3,961 with an overall median price of $2,501. The three Federal Way neighborhoods with the lowest median rent pricing are Adelaide at $905, Lakota at $905, and Mirror Lake at $905. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Federal Way Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Adelaide | $2,180 | $905 | 130 |
| Lakota | $2,180 | $905 | 94 |
| Mirror Lake | $2,325 | $905 | 104 |
| Laurelwood | $2,452 | $1,095 | 111 |
| Marine Hills | $2,452 | $905 | 107 |
| Redondo | $2,452 | $1,095 | 103 |
| Steel Lake | $2,452 | $905 | 139 |
| West Campus | $2,456 | $905 | 50 |
| Alderbrook | $2,673 | $905 | 131 |
| Campus Highlands | $2,673 | $905 | 166 |
Cheapest Available Federal Way Apartments for Rent
The cheapest available apartment rental in Federal Way, WA is a 1 Bed unit found at Meridian Court Senior Affordable Apartments in the Jovita neighborhood priced from $1,199. Crestview West Apartments in the Woodmont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,311. Here is today’s list of the most affordable Federal Way apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Court Senior Affordable Apartments | A06 | 1BR,1BA | $1,199 |
| Crestview West Apartments | Studio 1 Bath S2 | Studio,1BA | $1,311 |
| The Park at Fife | 1x1 | 1BR,1BA | $1,320 |
| Arbor Woods Apartments | Classic 1 Bedroom | 1BR,1BA | $1,325 |
| Traditions at Federal Way Senior Living | Studio | Studio,1BA | $1,333 |
| La Madera Apartments | Studio at 50% Utilities Covered | Studio,1BA | $1,375 |
| View at the Lake | 1x1 | 1BR,1BA | $1,395 |
| Redondo Heights I | 1 Bedroom 1 Bathroom (S.S) | 1BR,1BA | $1,399 |
| The Lakes at Fife | 1 Bed 1 Bath | 1BR,1BA | $1,399 |
| Park 16 | Hummingbird | 1BR,1BA | $1,441 |
Best Value Apartments for Rent in Federal Way, WA
As of July 24, 2025 the best value apartment in the Federal Way area is the $1.90 price per square foot 2x1.5 Douglas Model at Evergreen Apartments in the in the Jovita neighborhood starting from $2,282. The second greatest value Federal Way apartment is the B3 Model at Glen Park At West Campus starting at $2,066 with a $1.91 price per square foot in the West Campus neighborhood. Here is today’s list of the best values for Federal Way apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Evergreen Apartments | 2x1.5 Douglas | 2BR,1.5BA | $1.90 |
| Glen Park At West Campus | B3 | 2BR,2BA | $1.91 |
| Watermark | Bonney | 2BR,2BA | $1.83 |
| Campus View | TH2 | 2BR,1.5BA | $1.83 |
| Greystone Meadows | 2x2 | 2BR,2BA | $1.86 |
| Mariposa | 2 Bed, 1.5 Bath (60% Income Restricted) | 2BR,1.5BA | $1.96 |
| Uptown Square | Armstrong | 1BR,1BA | $1.76 |
| Edgewood Heights | 1 Bedroom | 1BR,1BA | $1.93 |
| Kitts Corner | Athens | 1BR,1BA | $1.93 |
| Redondo Heights I | 1 Bedroom 1 Bathroom (S.S) | 1BR,1BA | $1.95 |
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Federal Way Overview
Federal Way, WA is close to Seattle yet maintains its own unique character and charm. This dynamic town is a great place for people who love the great outdoors. You can find apartments in Federal Way that are near parks, botanical gardens, and major highways into the mountains. Meanwhile, if you prefer shopping and culture, downtown areas have a great community that you can become part of.
Why live in Federal Way, WA?
Federal Way is a town on the move. In some ways this is literal, thanks to its parks botanical garden, sports fields, jogging friendly trails, and more. However, this town also gains a dynamic energy from being located in close proximity to Tacoma and Seattle. You're a quick drive from all the attractions and perks of these big cities, including art galleries, museums, and shopping plazas. However, you're also able to come home and relax in an apartment in one of Federal Way's peaceful neighborhoods. This town is also a great 'launching point' to explore the Rocky Mountains, Mt. Ranier National Park, and more.
Best Local Schools in Federal Way, WA
Federal Way Senior High School
Federal Way School District
Public School - Grades 9-12 (1640)
3 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Federal Way, WA
Getting Around Federal Way, WA
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,441.
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 $1,199, while the average apartment in Federal Way costs $2,501.
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 722 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 $986 which is $1,515 cheaper than the average rent for all rentals in Federal Way.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.