Cheap Apartments for Rent in the Lakota Neighborhood of Federal Way, WA from $800 (34 Rentals)

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

property at 31003 14th Ave S

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

31003 14th Ave S, Unit F3, Unit F3

31003 14th Ave S
Federal WayWA98003

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.

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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.

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property at 33711 37th Pl SW

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

Studio, 1 Bath Home for Rent

Available Now

33711 37th Pl SW

Federal WayWA98023
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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
  • Utilities Included
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Celebration Senior Living
1 to 2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
  • Utilities Included
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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003
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Northview Terrace
1 to 2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023
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The Cove
1 to 2 Bedroom Apartments

The Cove

33131 1st Ave SWFederal Way, WA 98023

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Redondo Ridge
2 Bedroom Apartments

Redondo Ridge

30323-30331 15th Ct SFederal Way, WA 98003
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The Fairways
Rent Specials
$1,540 - $2,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,540 - $2,646
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Fairways

4901 Fairwood Blvd NETacoma, WA 98422
Corporate Housing
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Showing Results 1-34, Page 1 of 1

Lakota, Federal Way, WA Local Guide

Cheapest Available Lakota Apartments for Rent

 

The cheapest available apartment rental in the Lakota area of Federal Way, WA is a 2 Beds unit found at Lake Apartments priced from $1,295. Ridge & Shores has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,335. Here are the most affordable Lakota apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Lake Apartments2 BR/ 1 BA2BR,1BA$1,295
Ridge & ShoresA21BR,1BA$1,335
Park at Dashpoint ApartmentsJuniper 1x11BR,1BA$1,425
Sunset Three TwentyA1: 1 Bed 1 Bath1BR,1BA$1,444
ReNew Dash PointA21BR,1BA$1,499
The CommonsOne Bedroom1BR,1BA$1,504
The FairwaysA31BR,1BA$1,540
Campus View1L1BR,1BA$1,550
Cedardale1x1-C1BR,1BA$1,599
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$1,625

Best Value Apartments for Rent in Lakota, WA

As of May 25, 2026 the best value apartment in the Lakota area is the $1.74 price per square foot B6 Model at Glen Park At West Campus in the in the West Campus neighborhood starting from $2,293. The second greatest value Lakota apartment is the 2 BR/ 1 BA Model at Lake Apartments starting at $1,295 with a $1.08 price per square foot in the Redondo neighborhood. Here is today’s list of the best values for Lakota apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glen Park At West CampusB62BR,2.5BA$1.74
Lake Apartments2 BR/ 1 BA2BR,1BA$1.08
Kitts CornerBarcelona2BR,2BA$1.75
Bayview Apartment Homes2 Bed 2 Bath2BR,2BA$2.06
Uptown SquareArmstrong1BR,1BA$1.82
Ridge & ShoresB12BR,1BA$1.85
Maplewood2B 1B2BR,1BA$2.01
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$2.03
Sunset Three TwentyA1: 1 Bed 1 Bath1BR,1BA$1.92
Campus View1L1BR,1BA$2.07

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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Pet Friendly Lifestyle
Lakota, Federal Way, WA

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakota, Federal Way, WA

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Federal Way. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lakota Apartments

What is the price of a cheap apartment in Lakota?

The cheapest apartment in Lakota is Ridge & Shores which is listed at $1,329, while the average apartment in Lakota costs $2,508.

What types of apartments are the cheapest in Lakota?

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 44 regular apartments in Lakota 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 Lakota?

Cheap apartments in Lakota have an average cost of $963 which is $1,545 cheaper than the average rent for all rentals in Lakota.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.