Cheap Apartments for Rent in Federal Way, WA from $960 with Swimming Pool (32 Rentals)

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

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Avana Star Lake
$1,258 - $2,252

Total Monthly Price

Base Rent$1,258 - $2,252
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana Star Lake

2211 S STAR LAKE RdFederal Way, WA 98003
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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

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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.

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The Fairways
Rent Specials
$1,450 - $2,314

Total Monthly Price

Base Rent$1,450 - $2,314
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Fairways

4901 Fairwood Blvd NETacoma, WA 98422
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Avana West Hill
$1,542 - $2,023

Total Monthly Price

Base Rent$1,542 - $2,023
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana West Hill

24849 46th Ave SKent, WA 98032
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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.

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Bella Sonoma
Rent Specials
$1,621 - $2,908

Total Monthly Price

Base Rent$1,621 - $2,908
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Bella Sonoma

2301 62nd Ave EFife, WA 98424
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Sundance
Rent Specials
$1,799 - $2,199

Total Monthly Price

Base Rent$1,799 - $2,199
Total Monthly Price$1,799 - $2,199
1 to 3 Bedroom Apartments Available Now

Sundance

210 27th AveMilton, WA 98354
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-32, Page 1 of 1

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.

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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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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.

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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 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 $1,409.

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 $999, while the average apartment in Federal Way costs $1,777.

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 468 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 $961 which is $816 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

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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.

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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.

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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.

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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.