Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,300 (17 Rentals)

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

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The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003

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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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Sitka Heights
1 to 2 Bedroom Apartments

Sitka Heights

6926 5th St EFife, WA 98424
Corporate Housing
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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 Park 16 priced from $1,333. Pacific Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,398. Here are the most affordable Enchanted Village apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Park 16Hummingbird1BR,1BA$1,333
Pacific Heights254 1X1 T1BR,1BA$1,398
The CommonsOne Bedroom1BR,1BA$1,469
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$1,495
Encore Apartment Homes1x1 A1BR,1BA$1,531

Best Value Apartments for Rent in Enchanted Village, WA

As of November 26, 2025 the best value apartment in the Enchanted Village area is the $1.59 price per square foot London Model at Kitts Corner in the in the West Campus neighborhood starting from $2,180. The second greatest value Enchanted Village apartment is the 3x2 Middle Floor Premium Model at Enchanted Woods starting at $2,149 with a $1.76 price per square foot in the Jovita 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$1.59
Enchanted Woods3x2 Middle Floor Premium3BR,2BA$1.76
37110 5th Ave SW37110 5th Ave SW1BR,1BA$1.55
Sitka Heights2 Bed 1 Bath2BR,1BA$1.95
Pacific Heights254 1X1 T1BR,1BA$1.86
Campus View1L1BR,1BA$2.07
Encore Apartment Homes1x1 A1BR,1BA$2.14
The CommonsOne Bedroom1BR,1BA$2.10
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$2.14
Park 16Hummingbird1BR,1BA$2.04

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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Pet Friendly Lifestyle
Enchanted Village, Federal Way, WA

Ranked #10

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Enchanted Village, Federal Way, WA

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 $1,333, 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 47 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 $1,373 which is $1,170 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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.