Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,398 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Enchanted Village area of Federal Way.

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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property at 115 S 340th St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

115 S 340th St, Unit A

115 S 340th St
Federal WayWA98003

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003
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Sundance
$1,799 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,599
Total Monthly Price
$1,799 - $2,599
1 to 3 Bedroom Apartments Available Now

Sundance

210 27th AveMilton, WA 98354
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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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Enchanted Village, Federal Way, WA Local Guide

Cheapest Available Enchanted Village Apartments for Rent

 

The cheapest available apartment rental in the Enchanted Village area of Federal Way, WA is a 1 Bed unit found at Pacific Heights priced from $1,398. Panther Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here are the most affordable Enchanted Village apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Pacific Heights254 1X1 M1BR,1BA$1,398
Panther Lake ApartmentsOne Bedroom Loft1BR,1BA$1,450
Park 16Hummingbird1BR,1BA$1,480
Enchanted Woods1x1 Premium1BR,1BA$1,495
Encore1 Bedroom, 1 full1BR,1BA$1,533

Best Value Apartments for Rent in Enchanted Village, WA

As of August 26, 2026 the best value apartment in the Enchanted Village area is the $1.75 price per square foot London Model at Kitts Corner in the in the West Campus neighborhood starting from $2,400. The second greatest value Enchanted Village apartment is the 2x2-950 Model at Sundance starting at $2,199 with a $2.31 price per square foot in the Enchanted Village neighborhood. Here is today’s list of the best values for Enchanted Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kitts CornerLondon4BR,2BA$1.75
Sundance2x2-9502BR,2BA$2.31
CrosspointeTwo Bedroom One Bath2BR,1BA$1.79
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.96
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$2.16
Pacific Heights254 1X1 M1BR,1BA$1.86
Campus View1L1BR,1BA$2.07
Encore1 Bedroom, 1 full1BR,1BA$2.16
Park 16Hummingbird1BR,1BA$2.27
Enchanted Woods1x1 Premium1BR,1BA$2.29

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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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Best Local Schools in
Enchanted Village, Federal Way, WA

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Lifestyle Ratings

Our team is proud to bring you Lifestyle Ratings of rentals in cities across the United States, including Federal Way. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Enchanted Village Apartments

How much is rent for a Cheap One Bedroom Enchanted Village Apartment?

The lowest price for a Cheap One Bedroom Enchanted Village Apartment is $1,398 at Pacific Heights.

What is the lowest price for a Cheap Two Bedroom Enchanted Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Enchanted Village is starting from $1,530 at Park 16.

What is the most affordable Enchanted Village Three Bedroom Apartment?

The best deal on a cheap Enchanted Village Three Bedroom Apartment rental is at Park 16 and starts from $2,053.

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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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.

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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.