Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,400 (14 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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
Rent Specials
$1,799 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,799 - $2,250

Total Monthly Price
$1,799 - $2,250
1 to 3 Bedroom Apartments Available Now

Sundance

210 27th AveMilton, WA 98354
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Sitka Heights
1 to 2 Bedroom Apartments

Sitka Heights

6926 5th St EFife, WA 98424
Corporate Housing

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.

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 $1,525. Enchanted Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here are the most affordable Enchanted Village apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Pacific Heights254 1X1 B1BR,1BA$1,525
Enchanted Woods1x1 Premium1BR,1BA$1,525
The CommonsOne Bedroom1BR,1BA$1,552
CrosspointeOne Bedroom One Bath1BR,1BA$1,575
Park 16Hummingbird1BR,1BA$1,583

Best Value Apartments for Rent in Enchanted Village, WA

As of April 12, 2026 the best value apartment in the Enchanted Village area is the $1.81 price per square foot London Model at Kitts Corner in the in the West Campus neighborhood starting from $2,474. The second greatest value Enchanted Village apartment is the 3 Bedrooms, 2 Bathrooms Model at Encore Apartment Homes starting at $2,279 with a $1.98 price per square foot in the Alderbrook 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$1.81
Encore Apartment Homes3 Bedrooms, 2 Bathrooms3BR,2BA$1.98
Campus View2L2BR,1BA$1.75
Sundance2x2-9502BR,2BA$2.26
Sitka Heights2 Bed 1 Bath2BR,1BA$1.94
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.93
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$2.03
Pacific Heights254 1X1 B1BR,1BA$2.03
CrosspointeOne Bedroom One Bath1BR,1BA$2.22
The CommonsOne Bedroom1BR,1BA$2.22

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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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

What is the price of a cheap apartment in Enchanted Village?

The cheapest apartment in Enchanted Village is Pacific Heights which is listed at $1,525, while the average apartment in Enchanted Village costs $2,543.

What types of apartments are the cheapest in Enchanted Village?

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 31 regular apartments in Enchanted Village 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 Enchanted Village?

Cheap apartments in Enchanted Village have an average cost of $1,409 which is $1,134 cheaper than the average rent for all rentals in Enchanted Village.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.