
Cheap Apartments for Rent in Federal Way, WA from $800 (62 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Federal Way.


Crossroads at Meridian Apartments

29326 32nd Pl S

The Landing Apartments

Astoria

Willow Green Village
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.

View West Apartments

27022 47th Ave S

Buena Casa Apartment Homes

Cottonwood

Ramallah Apartments LLC

Autumn Village
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.
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 | $1,448 | $960 | $1,677 |
| Cheap Federal Way 1 Bedroom Apartments | $1,629 | $1,111 | $2,315 |
| Cheap Federal Way 2 Bedroom Apartments | $2,053 | $1,295 | $3,350 |
| Cheap Federal Way 3 Bedroom Apartments | $2,440 | $1,467 | $3,657 |
| Cheap Federal Way 4 Bedroom Apartments | $2,481 | $2,045 | $2,850 |
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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 $1,389.
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 $1,250, while the average apartment in Federal Way costs $2,540.
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 460 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 $1,000 which is $1,540 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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.