Apartments for Rent in Federal Way, WA Under $1,200 (16 Rentals)

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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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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included
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Celebration Senior Living
1 to 2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
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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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Cottonwood
1 to 2 Bedroom Apartments

Cottonwood

25919 25th Ln SKent, WA 98032
  • Utilities Included

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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View West Apartments
1 to 2 Bedroom Apartments

View West Apartments

1655-1755 11th AveMilton, WA 98354
  • Utilities Included
Showing Results 1-16, Page 1 of 1

Federal Way, WA Local Guide

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, 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!

Explore Federal Way, WA Rentals by Map

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See the most popular apartments and homes in Federal Way, WA

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Frequently Asked Questions about Federal Way

How much are Studio apartments in Federal Way?

There are currently 60 Studio Apartments in Federal Way with rent ranges from $960 to $1,677 with an average price of $1,490.

What is the current price range for One Bedroom Federal Way Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Federal Way ranges from $999 to $2,299 with an average monthly rent of $1,590.

What does renting a Two Bedroom Apartment in Federal Way cost?

The monthly rent prices of Two Bedroom Apartments currently available in Federal Way range from $1,298 to $3,350. Today's average rental price for Two Bedrooms here is $2,016.

How expensive are Federal Way Three Bedroom Apartments?

There are currently 71 Three Bedroom Apartments listings available in Federal Way on ApartmentHomeLiving.com. The pricing ranges from $1,467 to $3,349 - averaging $2,347 for the location.

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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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.

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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.