Cheap Apartments for Rent in Federal Way, WA from $800 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Federal Way.

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.

Read Article
close
View Me
Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
  • Utilities Included
close
View Me
Villa Capri
1 to 3 Bedroom Apartments

Villa Capri

28621 25th Pl SFederal Way, WA 98003
close
View Me
Celebration Senior Living
1 to 2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
  • Utilities Included

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.

Read Article
close
View Me
Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included
close
View Me
Terra
Studio to 2 Bedroom Apartments

Terra

2111 SW 352nd StFederal Way, WA 98023
close
View Me
View at the Lake
1 to 2 Bedroom Apartments

View at the Lake

30602 Pacific Hwy SFederal Way, WA 98003

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.

Read Article
close
View Me
View West Apartments
1 to 2 Bedroom Apartments

View West Apartments

1655-1755 11th AveMilton, WA 98354
  • Utilities Included
close
View Me
Cottonwood
1 to 2 Bedroom Apartments

Cottonwood

25919 25th Ln SKent, WA 98032
  • Utilities Included
close
View Me
Woodland Estates
Studio to 2 Bedroom Apartments

Woodland Estates

4821 S Kent Des Moines RdKent, WA 98032
close
View Me
Timber Heights
1 to 3 Bedroom Apartments

Timber Heights

4809-4822 S 252nd PlKent, WA 98032

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.

Read Article
Showing Results 1-32, Page 1 of 1

Federal Way, WA Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Federal Way, WA

Pricing Updated: 01/21/2026

Current apartment rentals in the Federal Way, WA area range in price from $905 to $3,495 with an overall median price of $2,580. The three Federal Way neighborhoods with the lowest median rent pricing are Marine Hills at $905, Laurelwood at $1,199, and Redondo at $1,199. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Federal Way Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Marine Hills$2,262$905134
Laurelwood$2,364$1,199108
Redondo$2,364$1,19997
Twin Lakes$2,412$1,28494
Adelaide$2,671$905153
Lakota$2,671$90596
Mirror Lake$2,671$905135
Steel Lake$2,671$905156
West Campus$2,671$90554
Alderbrook$2,673$905140

Cheapest Available Federal Way Apartments for Rent

 

The cheapest available apartment rental in Federal Way, WA is a 2 Beds unit found at Villa Capri in the Woodmont neighborhood priced from $935. Avana Star Lake in the Woodmont neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Federal Way apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri2 Bedroom2BR,1BA$935
Avana Star LakeA11BR,1BA$1,199
THE BLVD1 Bed 1 Bath1BR,1BA$1,210
Terra1x11BR,1BA$1,221
Meridian Court Senior Affordable ApartmentsA031BR,1BA$1,250
ReNew Dash PointA11BR,1BA$1,284
Cove EastOak2BR,1BA$1,285
Timber Heights1 Bed1BR,1BA$1,295
La Madera ApartmentsStudio at 60% Utilities CoveredStudio,1BA$1,299
Maplewood1B 1B1BR,1BA$1,300

Best Value Apartments for Rent in Federal Way, WA

As of January 21, 2026 the best value apartment in the Federal Way area is the $1.92 price per square foot 2525 S 288th St Model at 2525 S 288th St, Unit 3 in the in the Woodmont neighborhood starting from $2,695. The second greatest value Federal Way 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 Federal Way apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2525 S 288th St, Unit 32525 S 288th St3BR,2.5BA$1.92
Glen Park At West CampusC13BR,2.5BA$1.96
Enchanted Woods3x2 Upper Floor Premium3BR,2BA$1.53
Riverstone ApartmentsC2u - 3x2 upper floor3BR,2BA$1.89
Pacific Heights254 2X2 M2BR,2BA$1.62
Pointe East2x12BR,1BA$1.90
Uptown SquareArmstrong1BR,1BA$1.76
Kitts CornerAthens1BR,1BA$1.93
Cove EastOak2BR,1BA$1.61
Terra1x11BR,1BA$1.75

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

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.

Read Article
Decorative image

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.

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 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

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 $1,300.

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

The cheapest apartment in Federal Way is Avana Star Lake which is listed at $1,199, while the average apartment in Federal Way costs $2,580.

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 618 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 $1,104 which is $1,476 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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!