Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

property at 34426 10th Ave SW

$5,500

Total Monthly Price

Total Monthly Price

Base Rent
$5,500

Total Monthly Price
$5,500

4 Bedroom, 2.5 Bath Home for Rent

Available Jul 1

34426 10th Ave SW

Federal WayWA98023
close
View Me
The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003

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.

close
View Me
Sundance
$1,699 - $2,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,699 - $2,199

Total Monthly Price
$1,699 - $2,199
1 to 3 Bedroom Apartments Available Now

Sundance

210 27th AveMilton, WA 98354
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 705 5th Ave

$3,400

Total Monthly Price

Total Monthly Price

Base Rent
$3,400

Total Monthly Price
$3,400

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

705 5th Ave

MiltonWA98354

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.

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 The Commons priced from $1,504. Encore Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,533. Here are the most affordable Enchanted Village apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
The CommonsOne Bedroom1BR,1BA$1,504
Encore Apartment Homes1x1 A1BR,1BA$1,533
Campus View1L1BR,1BA$1,550
Park 16Hummingbird1BR,1BA$1,583
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$1,625

Best Value Apartments for Rent in Enchanted Village, WA

As of May 27, 2026 the best value apartment in the Enchanted Village area is the $1.55 price per square foot 3x2 Upper Floor Premium Model at Enchanted Woods in the in the Jovita neighborhood starting from $1,999. The second greatest value Enchanted Village apartment is the Barcelona Model at Kitts Corner starting at $1,952 with a $1.75 price per square foot in the West Campus 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.
Enchanted Woods3x2 Upper Floor Premium3BR,2BA$1.55
Kitts CornerBarcelona2BR,2BA$1.75
CrosspointeTwo Bedroom One Bath2BR,1BA$2.12
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.93
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$2.03
Campus View1L1BR,1BA$2.07
Sundance1x1-7251BR,1BA$2.34
Encore Apartment Homes1x1 A1BR,1BA$2.16
The CommonsOne Bedroom1BR,1BA$2.15
Park 16Hummingbird1BR,1BA$2.42

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 The Commons which is listed at $1,504, while the average apartment in Enchanted Village costs $2,673.

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 32 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 $1,240 which is $1,433 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.