Cheap Apartments for Rent in the Laurelwood Neighborhood of Federal Way, WA from $1,000 (15 Rentals)

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

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.

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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Redondo Heights II
2 to 3 Bedroom Apartments

Redondo Heights II

1810 South 276th StreetFederal Way, WA 98003

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.

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 $1,250. Crestview West Apartments 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 ApartmentsA051BR,1BA$1,250
Crestview West ApartmentsStudio 1 Bath S2Studio,1BA$1,311
Arbor Woods ApartmentsClassic 1 Bedroom1BR,1BA$1,325
Traditions at Federal Way Senior LivingStudioStudio,1BA$1,333
Avana Star LakeA21BR,1BA$1,351

Best Value Apartments for Rent in Laurelwood, WA

As of July 21, 2025 the best value apartment in the Laurelwood area is the $1.99 price per square foot 3 Bedroom 2 Bath Plan Hemlock Model at The Lodge at Peasley Canyon in the in the Jovita neighborhood starting from $2,350. The second greatest value Laurelwood apartment is the Bonney Model at Watermark starting at $1,903 with a $1.83 price per square foot in the Jovita 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.
The Lodge at Peasley Canyon3 Bedroom 2 Bath Plan Hemlock3BR,2BA$1.99
WatermarkBonney2BR,2BA$1.83
Brookside Village2x2_10262BR,2BA$1.95
Greystone Meadows2x22BR,2BA$1.86
Mariposa2 Bed, 1.5 Bath (60% Income Restricted)2BR,1.5BA$1.96
Uptown SquareArmstrong1BR,1BA$1.76
Portofino ApartmentsModel 22BR,2BA$2.21
Timber Heights2 Bedroom Standard Remodeled, Balcony No W/D2BR,1BA$2.12
Redondo Heights I1 Bedroom 1 Bathroom (S.S)1BR,1BA$1.95
View at the Lake1x11BR,1BA$1.99

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Pet Friendly Lifestyle
Laurelwood, Federal Way, WA

Ranked #6

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 $1,495.

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 $1,250, while the average apartment in Laurelwood costs $2,668.

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 43 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 $1,192 which is $1,476 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.