Cheap Apartments for Rent in the Enchanted Village Neighborhood of Federal Way, WA from $1,400 (16 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-16, Page 1 of 1

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 Panther Lake Apartments priced from $1,495. Pacific Heights 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
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$1,495
Pacific Heights254 1X1 T1BR,1BA$1,525
Park 16Hummingbird1BR,1BA$1,583
Kitts CornerAthens1BR,1BA$1,583
WatermarkKitsap1BR,1BA$1,589

Best Value Apartments for Rent in Enchanted Village, WA

As of June 02, 2025 the best value apartment in the Enchanted Village area is the $1.83 price per square foot TH2 Model at Campus View in the in the Jovita neighborhood starting from $1,850. The second greatest value Enchanted Village apartment is the 2 Bed 2 Bath Model at Sitka Heights starting at $1,899 with a $1.97 price per square foot in the Enchanted Village 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.
Campus ViewTH22BR,1.5BA$1.83
Sitka Heights2 Bed 2 Bath2BR,2BA$1.97
CrosspointeTwo Bedroom Two Bath2BR,2BA$1.95
Edgewood Heights1 Bedroom1BR,1BA$1.93
The Lodge at Peasley Canyon2 Bed 1 Bath2BR,1BA$2.00
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.93
Enchanted Woods2x1 Premium2BR,1BA$2.09
Kitts CornerAthens1BR,1BA$1.93
Pacific Heights254 1X1 T1BR,1BA$2.03
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$2.14

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Enchanted Village, Federal Way, WA

Ranked #4

Among neighborhoods in Federal Way, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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 Panther Lake Apartments which is listed at $1,495, while the average apartment in Enchanted Village costs $3,017.

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 121 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 $1,605 which is $1,412 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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.