
Cheap Apartments for Rent in Federal Way, WA from $960 (94 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Federal Way.


Argyle Apartment Homes

Align Apartments

Brier Woods

1906 SW 318th Pl

2500 S 286th Pl

Portofino Apartments

Northview Terrace
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.

26117 20th Ave S

918 S 258th Pl

Mark Twain Apartments

The BLVD

The Park at Fife

The Lakes

Woodland Estates

Total Monthly Price
The Fairways
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.

Kently Pointe Apartments

2701 S 257th Pl

Crossroads at Meridian Apartments

3827 Nassau Ave NE

The Landing Apartments

Total Monthly Price
Avana West Hill

Astoria

2705 S 256th St
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.

Willow Green Village

Total Monthly Price
Bella Sonoma

Total Monthly Price
Pointe East

Port Landing at Fife Apartments

Swiss Gables

Watermark

34040 46th Ave South

The Residences at Stone Creek
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.

The Arbors at Edgewood

207 East

Total Monthly Price
Sundance

View West Apartments

27004-27030 47Th Ave S

27022 47th Ave S

Buena Casa Apartment Homes

Cottonwood
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.

Ramallah Apartments LLC

Norpoint Landing Apartments

2609 S 272nd St

Timber Heights
Federal Way, WA Local Guide

How much does it cost to rent an apartment in Federal Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Federal Way Studio Apartments | $1,505 | $960 | $1,699 |
| Cheap Federal Way 1 Bedroom Apartments | $1,587 | $999 | $2,380 |
| Cheap Federal Way 2 Bedroom Apartments | $2,015 | $1,298 | $3,350 |
| Cheap Federal Way 3 Bedroom Apartments | $2,357 | $1,467 | $3,075 |
| Cheap Federal Way 4 Bedroom Apartments | $2,788 | $2,400 | $4,995 |
Browse Top Apartments in Federal Way
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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 $1,395.
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 $999, 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.