24203 36th Ave S
KentWA98032
Cheap Homes for Rent in Federal Way, WA from $700 (13 Rentals)
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26117 20th Ave S
Des MoinesWA98198
37245 39th Ave S
AuburnWA98001
31003 14th Ave S, Unit F3
31003 14th Ave S
Federal WayWA98003
25818 19th Ave S, Unit #2
25818 19th Ave S
Des MoinesWA98198
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$1,495Studio Apartments Available Now
25818 19th Ave S, Unit 2
25818 19th Ave SDes Moines, WA 98198
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.
2609 S 272nd St
KentWA98032
33711 37th Pl SW
Federal WayWA98023
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$1,6952 Bedroom Apartments Available Now
2450 62nd Ave E, Unit d
2450 62nd Ave EFife, WA 98424
2601 S 272nd St
KentWA98032
33016 17th Pl S, Unit B-302
33016 17th Pl S
Federal WayWA98003
2613 S 272nd St
KentWA98032
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.
2500 S 286th Pl
Federal WayWA98003
Showing Results 1-13, Page 1 of 1
Federal Way, WA Local Guide
How much does it cost to rent a home in Federal Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Way 2 Bedroom Homes for Rent | $2,070 | $1,700 | $2,995 |
| Federal Way 3 Bedroom Homes for Rent | $2,972 | $2,500 | $3,695 |
| Federal Way 4 Bedroom Homes for Rent | $3,462 | $2,850 | $5,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Federal Way, WA Local Guide
- Federal Way Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Neighborhoods for Apartments in Federal Way, WA
Pricing Updated: 06/11/2026Current apartment rentals in the Federal Way, WA area range in price from $960 to $5,500 with an overall median price of $3,273. The three Federal Way neighborhoods with the lowest median rent pricing are Adelaide at $960, Mirror Lake at $960, and West Campus at $960. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Federal Way Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Adelaide | $2,602 | $960 | 149 |
| Mirror Lake | $2,602 | $960 | 108 |
| West Campus | $2,602 | $960 | 50 |
| Laurelwood | $2,627 | $1,111 | 112 |
| Marine Hills | $2,627 | $960 | 123 |
| Redondo | $2,627 | $1,111 | 103 |
| Steel Lake | $2,627 | $1,200 | 28 |
| Campus Highlands | $2,754 | $960 | 204 |
| Enchanted Village | $2,754 | $1,450 | 131 |
| Kitts Corner | $2,754 | $960 | 111 |
Cheapest Available Federal Way Apartments for Rent
The cheapest available apartment rental in Federal Way, WA is a 1 Bed unit found at Villa Capri in the Woodmont neighborhood priced from $750. Meridian Court Senior Affordable Apartments in the Jovita neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Federal Way apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri | 1 Bedroom | 1BR,1BA | $750 |
| Meridian Court Senior Affordable Apartments | A07 | 1BR,1BA | $1,200 |
| Lake Apartments | 2 BR/ 1 BA | 2BR,1BA | $1,295 |
| Avana Star Lake | A2 | 1BR,1BA | $1,304 |
| Crestview West Apartments | Studio 1 Bath S2 | Studio,1BA | $1,311 |
Best Value Apartments for Rent in Federal Way, WA
As of June 11, 2026 the best value apartment in the Federal Way area is the $1.50 price per square foot 3x2.5 Model at Kandila Townhomes in the in the Jovita neighborhood starting from $2,800. The second greatest value Federal Way apartment is the C1 Model at Glen Park At West Campus starting at $2,524 with a $1.95 price per square foot in the West Campus neighborhood. Here is today’s list of the best values for Federal Way apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kandila Townhomes | 3x2.5 | 3BR,2.5BA | $1.50 |
| Glen Park At West Campus | C1 | 3BR,2.5BA | $1.95 |
| Providence Landing | 3 Bed 2 Bath | 3BR,2BA | $1.79 |
| Lake Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.08 |
| Kitts Corner | Barcelona | 2BR,2BA | $1.84 |
| Riverstone Apartments | B2u - 2x2 upper floor | 2BR,2BA | $1.89 |
| Mariposa | 2 Bed, 1 Bath A (60% Income Restricted) | 2BR,1BA | $1.93 |
| Uptown Square | Armstrong | 1BR,1BA | $1.85 |
| Edgewood Heights | 1 Bedroom | 1BR,1BA | $1.96 |
| Villa Capri | 1 Bedroom | 1BR,1BA | $1.15 |
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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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.
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Federal Way, WAPopulation: 97,044
Ranked #324
in US Census Population by City
Best Local Schools in Federal Way, WA
Federal Way Senior High School
Federal Way School District
Public School - Grades 9-12 (1640)
3 out of 10
School data provided by Great Schools
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Frequently Asked Questions about Federal Way
What type of rentals are currently available in Federal Way?
There are currently 252 Apartments for Rent in Federal Way, WA with pricing that ranges from $960 to $5,500. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Way ranging from $700 to $5,500.
What is the current price range for Rental Homes in Federal Way?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Way ranges from $700 to $5,500 with an average monthly rent of $2,245.
How much are larger Three and Four Bedroom Rentals in Federal Way?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Way range from $1,467 to $3,379, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,695. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,302.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.