Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,300 (12 Rentals)

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

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 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.

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 $1,441. 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 ListingModel NameBed/BathPriced From
Park 16Hummingbird1BR,1BA$1,441
The CommonsOne Bedroom1BR,1BA$1,480
Panther Lake ApartmentsOne Bedroom Loft1BR,1BA$1,495
Pacific Heights254 1X1 M1BR,1BA$1,525
Campus View1L1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Kitts CornerDublin3BR,2BA$1.55
Meridian at Stone CreekFir Cottage2BR,2BA$2.28
Encore Apartment Homes3 Bedrooms, 2 Bathrooms3BR,2BA$2.14
Enchanted Woods2x1 Premium2BR,1BA$2.09
Campus View1L1BR,1BA$2.07
Pacific Heights254 1X1 M1BR,1BA$2.03
CrosspointeOne Bedroom One Bath1BR,1BA$2.32
The CommonsOne Bedroom Loft1BR,1BA$2.15
Panther Lake ApartmentsOne Bedroom Loft1BR,1BA$2.14
Park 16Hummingbird1BR,1BA$2.21

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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

3.0
Pet Friendly

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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 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.

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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.

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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.