Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Enchanted Village area of Federal Way.

Panther Lake Apartments

Pacific Heights

Campus View

Encore Apartment Homes
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.

Enchanted Woods

Crosspointe

Crossroads at Meridian Apartments
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

How much does it cost to rent an apartment in Enchanted Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Enchanted Village Studio Apartments | $1,899 | $1,899 | $1,899 |
Enchanted Village 1 Bedroom Apartments | $1,625 | $1,380 | $2,315 |
Enchanted Village 2 Bedroom Apartments | $2,123 | $1,650 | $4,965 |
Enchanted Village 3 Bedroom Apartments | $2,265 | $1,970 | $2,955 |
Enchanted Village 4 Bedroom Apartments | $2,334 | $2,180 | $2,396 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Enchanted Village Neighborhood of Federal Way, WA.
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Enchanted Village, Federal Way, WA Local Guide
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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 Park 16 priced from $1,441. The Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,480. Here are the most affordable Enchanted Village apartments for rent in Federal Way, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park 16 | Hummingbird | 1BR,1BA | $1,441 |
The Commons | One Bedroom | 1BR,1BA | $1,480 |
Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $1,495 |
Pacific Heights | 254 1X1 M | 1BR,1BA | $1,525 |
Campus View | 1L | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Enchanted Village, WA
As of October 12, 2025 the best value apartment in the Enchanted Village area is the $1.55 price per square foot Dublin Model at Kitts Corner in the in the West Campus neighborhood starting from $1,970. The second greatest value Enchanted Village apartment is the Fir Cottage Model at Meridian at Stone Creek starting at $2,895 with a $2.28 price per square foot in the Madrona neighborhood. Here is today’s list of the best values for Enchanted Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Kitts Corner | Dublin | 3BR,2BA | $1.55 |
Meridian at Stone Creek | Fir Cottage | 2BR,2BA | $2.28 |
Encore Apartment Homes | 3 Bedrooms, 2 Bathrooms | 3BR,2BA | $2.14 |
Enchanted Woods | 2x1 Premium | 2BR,1BA | $2.09 |
Campus View | 1L | 1BR,1BA | $2.07 |
Pacific Heights | 254 1X1 M | 1BR,1BA | $2.03 |
Crosspointe | One Bedroom One Bath | 1BR,1BA | $2.32 |
The Commons | One Bedroom Loft | 1BR,1BA | $2.15 |
Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $2.14 |
Park 16 | Hummingbird | 1BR,1BA | $2.21 |
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Pet Friendly LifestyleEnchanted Village, Federal Way, WA
Ranked #10
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Enchanted Village, Federal Way, WA
Rainier View Elementary School
School data provided by Great Schools
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 Park 16 which is listed at $1,441, while the average apartment in Enchanted Village costs $2,672.
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 $1,230 which is $1,442 cheaper than the average rent for all rentals in Enchanted Village.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.