Cheap Apartments for Rent in the Laurelwood Neighborhood of Federal Way, WA from $700 (8 Rentals)

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

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Redondo Heights II
Studio to 3 Bedroom Apartments

Redondo Heights II

1810 South 276th StreetFederal Way, WA 98003

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Redondo Heights I
1 to 3 Bedroom Apartments

Redondo Heights I

27606 Pacific Hwy SFederal Way, WA 98003

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.

Laurelwood, Federal Way, WA Local Guide

Cheapest Available Laurelwood Apartments for Rent

 

The cheapest available apartment rental in the Laurelwood area of Federal Way, WA is a 1 Bed unit found at Meridian Court Senior Affordable Apartments priced from $999. Crestview West has the second lowest priced unit, which is a Studio apartment currently listed from $1,311. Here are the most affordable Laurelwood apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Meridian Court Senior Affordable ApartmentsA011BR,1BA$999
Crestview WestStudio 1 Bath S2Studio,1BA$1,311
Kently Pointe Apartments1 Bed 1 Bath (A)1BR,1BA$1,375

Best Value Apartments for Rent in Laurelwood, WA

As of June 05, 2025 the best value apartment in the Laurelwood area is the $2.47 price per square foot 2x2_1034 Model at Brookside Village in the in the Woodmont neighborhood starting from $2,550. The second greatest value Laurelwood apartment is the Two Bed Model at Redondo Ridge starting at $2,095 with a $2.07 price per square foot in the Redondo neighborhood. Here is today’s list of the best values for Laurelwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brookside Village2x2_10342BR,2BA$2.47
Redondo RidgeTwo Bed2BR,1.5BA$2.07
Redondo Heights I2 Bedroom 1 Bathroom (S.S)2BR,1BA$1.73
Uptown SquareBolden1BR,1BA$1.95
Mariposa1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$2.02
WatermarkKitsap1BR,1BA$2.20
The Village of NewportThe Glen1BR,1BA$2.41
Kently Pointe Apartments1 Bed 1 Bath (A)1BR,1BA$1.96
Homestead Apartments1x11BR,1BA$2.24
Meridian Court Senior Affordable ApartmentsA011BR,1BA$2.32

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Pet Friendly Lifestyle
Laurelwood, Federal Way, WA

Ranked #10

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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Frequently Asked Questions about Cheap Laurelwood Apartments

What is a cheap apartment in Laurelwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Laurelwood is under $1,588.

What is the price of a cheap apartment in Laurelwood?

The cheapest apartment in Laurelwood is Meridian Court Senior Affordable Apartments which is listed at $999, while the average apartment in Laurelwood costs $2,452.

What types of apartments are the cheapest in Laurelwood?

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 Laurelwood 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 Laurelwood?

Cheap apartments in Laurelwood have an average cost of $1,127 which is $1,325 cheaper than the average rent for all rentals in Laurelwood.

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.