
Apartments for Rent in Federal Way, WA Under $1,500 (38 Rentals)


Panther Lake Apartments

Pavilion

Campus View

Park 16

Sunset Three Twenty
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.

Terra

View at the Lake

La Madera Apartments

Traditions at Federal Way Senior Living

Crestview West Apartments

Maplewood

Arbor Woods Apartments

Avana Star Lake

Meridian Court Senior Affordable Apartments

Cove East
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.

The Park at Fife

Astoria
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.

Timber Heights

ReVive Apartments

Crossroads at Meridian Apartments

Kently Pointe Apartments

The Village of Newport

The Lakes at Fife

Mark Twain Apartments

Cottonwood
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
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 Under $1500 | $1,480 | $905 | $2,000 |
Federal Way 1 Bedroom Apartments Under $1500 | $1,619 | $1,080 | $3,961 |
Federal Way 2 Bedroom Apartments Under $1500 | $1,975 | $1,130 | $3,210 |
Federal Way 3 Bedroom Apartments Under $1500 | $2,412 | $1,800 | $3,398 |
Federal Way 4 Bedroom Apartments Under $1500 | $2,363 | $2,180 | $2,452 |
Browse Top Apartments in Federal Way
See all Apartments in Federal WayExplore Federal Way
Federal Way, WA Local Guide
- Federal Way Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Getting Around Federal Way, WA
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Federal Way
How much are Studio apartments in Federal Way?
There are currently 16 Studio Apartments in Federal Way with rent ranges from $905 to $2,000 with an average price of $1,480.
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 $1,080 to $3,961 with an average monthly rent of $1,619.
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 $1,130 to $3,210. Today's average rental price for Two Bedrooms here is $1,975.
How expensive are Federal Way Three Bedroom Apartments?
There are currently 56 Three Bedroom Apartments listings available in Federal Way on ApartmentHomeLiving.com. The pricing ranges from $1,800 to $3,398 - averaging $2,412 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.