Cheap Apartments for Rent in the Lakota Neighborhood of Federal Way, WA from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakota area of Federal Way.

31182 3rd Ct S

Cove East

Maplewood
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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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Lakota, Federal Way, WA Local Guide

How much does it cost to rent an apartment in Lakota?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakota Studio Apartments | $905 | $905 | $905 |
Lakota 1 Bedroom Apartments | $1,581 | $550 | $2,150 |
Lakota 2 Bedroom Apartments | $1,938 | $1,285 | $2,730 |
Lakota 3 Bedroom Apartments | $2,511 | $1,800 | $3,500 |
Lakota 4 Bedroom Apartments | $2,400 | $2,400 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Lakota Neighborhood of Federal Way, WA.
See all Apartments in Federal WayExplore Federal Way
Lakota, Federal Way, WA Local Guide
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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 Cove East priced from $1,285. Bayview Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Lakota apartments for rent in Federal Way, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cove East | Oak | 2BR,1BA | $1,285 |
Bayview Apartment Homes | 1 Bed 1 Bath A | 1BR,1BA | $1,400 |
The Fairways | A3 | 1BR,1BA | $1,481 |
Best Value Apartments for Rent in Lakota, WA
As of October 23, 2025 the best value apartment in the Lakota area is the $1.97 price per square foot Magnolia 3x2 Model at Park at Dashpoint Apartments in the in the Twin Lakes neighborhood starting from $2,168. The second greatest value Lakota apartment is the Driftwood Model at The Ridge and The Shores starting at $1,709 with a $1.90 price per square foot in the West Campus neighborhood. Here is today’s list of the best values for Lakota apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Park at Dashpoint Apartments | Magnolia 3x2 | 3BR,2BA | $1.97 |
The Ridge and The Shores | Driftwood | 2BR,1BA | $1.90 |
Northview Terrace | 2BR/1.0BA | 2BR,1BA | $2.02 |
Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
Kitts Corner | Athens | 1BR,1BA | $1.93 |
Uptown Square | Bolden | 1BR,1BA | $1.95 |
Glen Park At West Campus | A1 | 1BR,1BA | $2.03 |
Cove East | Oak | 2BR,1BA | $1.61 |
Campus View | 1L | 1BR,1BA | $2.07 |
Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $2.14 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleLakota, Federal Way, WA
Ranked #11
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lakota, Federal Way, WA
Silver Lake Elementary School
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 Bayview Apartment Homes which is listed at $1,400, while the average apartment in Lakota costs $2,671.
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 23 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 $1,115 which is $1,556 cheaper than the average rent for all rentals in Lakota.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.