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$1,111 - $2,284Studio to 3 Bedroom Apartments Available Now
La Madera Apartments
28620 Pacific Hwy SFederal Way, WA 98003
Top Rated Cheap Apartments for Rent in Federal Way, WA from $800 (11 Rentals)
Top Rated Apartments in Federal Way.
Cheap Apartments in Federal Way.
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$1,425 - $1,9751 to 2 Bedroom Apartments Available Now
Tree Pointe
1811 S 308th CtFederal Way, WA 98003
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$1,725 - $2,4501 to 3 Bedroom Apartments Available Now
Westhampton
333 S 320th StFederal Way, WA 98003
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$1,7952 Bedroom Apartments Available Now
Cedar Gardens Apartments
2110 SW 337th PlFederal Way, WA 98023
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1 to 3 Bedroom Apartments
Westboro Apartments
32930 1st Ave SFederal Way, WA 98023
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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Studio to 2 Bedroom Apartments
Terra
2111 SW 352nd StFederal Way, WA 98023
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Studio to 3 Bedroom Apartments
Riverstone Apartments
27314 24th Ave SFederal Way, WA 98003
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1 to 2 Bedroom Apartments
Soundview
28425 18th Ave SFederal Way, WA 98003
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1 to 2 Bedroom Apartments
The Cove
33131 1st Ave SWFederal Way, WA 98023
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1 to 2 Bedroom Apartments
The Lakes
2301 58th Ave EFife, WA 98424
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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1 to 3 Bedroom Apartments
Bella Sonoma
2301 62nd Ave EFife, WA 98424
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Federal Way, WA Local Guide
How much does it cost to rent an apartment in Federal Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Way Studio Apartments | $1,417 | $960 | $1,586 |
| Federal Way 1 Bedroom Apartments | $1,652 | $1,067 | $2,365 |
| Federal Way 2 Bedroom Apartments | $2,009 | $1,298 | $3,350 |
| Federal Way 3 Bedroom Apartments | $2,389 | $1,467 | $3,609 |
| Federal Way 4 Bedroom Apartments | $2,374 | $2,096 | $2,533 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Federal Way, WA Local Guide
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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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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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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, WAPopulation: 97,044
Ranked #324
in US Census Population by City
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
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 $1,425.
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 $1,067, while the average apartment in Federal Way costs $2,554.
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 776 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 $1,041 which is $1,513 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.
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.