
Apartments for Rent in Federal Way, WA Under $2,000 (102 Rentals)


Steel Lake Plaza

Rai Apartments

Campus View

Westhampton

Park 16

Greystone Meadows

Blue Ridge Apartments

Uptown Square

The Lodge at Peasley Canyon
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

Ridge & Shores

Cedardale

Crosspointe

ReNew Dash Point

Encore

Brookhaven Apartments

Tree Pointe

Park at Dashpoint Apartments

Glen Park At West Campus

Enchanted Woods
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.

Panther Lake Apartments

Maplewood

Mariposa

Pacific Heights

Sunset Three Twenty

Total Monthly Price
Avana Star Lake

Arbor Woods Apartments

Crestview West Apartments

Traditions at Federal Way Senior Living

Lake Apartments
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.

Meridian Court Senior Affordable Apartments

La Madera Apartments

Cove East

1003 S 308th St

30812 16th Pl SW, Unit D

29222 18th Ave S

31003 14th Ave S, Unit Liberty Lake

2500 S 286th Pl

30812 16th Pl SW, Unit D

700 SW 368th St
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.

31003 14th Ave S

2811 SW 337th St

2811 SW 337th St

2811 SW 337th St

518 S 321st St

Cedar Gardens Apartments

Northview Terrace

Portofino Apartments

Brier Woods

The Commons
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.
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 $2000 | $1,438 | $960 | $1,677 |
| Federal Way 1 Bedroom Apartments Under $2000 | $1,620 | $1,111 | $2,315 |
| Federal Way 2 Bedroom Apartments Under $2000 | $2,044 | $1,295 | $3,350 |
| Federal Way 3 Bedroom Apartments Under $2000 | $2,429 | $1,467 | $3,349 |
| Federal Way 4 Bedroom Apartments Under $2000 | $2,488 | $2,045 | $2,850 |
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Federal Way, WA Local Guide
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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.
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $1,438.
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 $1,111 to $2,315 with an average monthly rent of $1,620.
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 $1,295 to $3,350. Today's average rental price for Two Bedrooms here is $2,044.
How expensive are Federal Way Three Bedroom Apartments?
There are currently 70 Three Bedroom Apartments listings available in Federal Way on ApartmentHomeLiving.com. The pricing ranges from $1,467 to $3,349 - averaging $2,429 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.