Cheap Apartments for Rent in the Laurelwood Neighborhood of Federal Way, WA from $999 (33 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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Avana Star Lake
$1,258 - $2,252

Total Monthly Price

Base Rent$1,258 - $2,252
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana Star Lake

2211 S STAR LAKE RdFederal Way, WA 98003
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Seattle's Best Affordable Neighborhoods

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Villa Capri
1 to 3 Bedroom Apartments

Villa Capri

28621 25th Pl SFederal Way, WA 98003
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Soundview
1 to 2 Bedroom Apartments

Soundview

28425 18th Ave SFederal Way, WA 98003
property at 2500 S 286th Pl
$1,650 - $1,795
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2500 S 286th Pl

Federal WayWA98003
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Redondo Ridge
2 Bedroom Apartments

Redondo Ridge

30323-30331 15th Ct SFederal Way, WA 98003

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Avana West Hill
$1,542 - $2,023

Total Monthly Price

Base Rent$1,542 - $2,023
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana West Hill

24849 46th Ave SKent, WA 98032
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Ethos
Rent Specials
$1,652 - $3,150

Total Monthly Price

Base Rent$1,652 - $3,150
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Ethos

2200 W Meeker StKent, WA 98032
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property at 2609 S 272nd St
$1,495
1 Bedroom Rentals
Available Now
Affordability

2609 S 272nd St

KentWA98032
Showing Results 1-33, Page 1 of 1

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. Avana Star Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,258. Here are the most affordable Laurelwood apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Meridian Court Senior Affordable ApartmentsA031BR,1BA$999
Avana Star LakeA11BR,1BA$1,258
Crestview West ApartmentsStudio 1 Bath S1Studio,1BA$1,311
The BLVD1 Bedroom 60 Percent AMI1BR,1BA$1,325
Traditions at Federal Way Senior LivingStudio - SpruceStudio,1BA$1,389
Villa Capri1 Bedroom1BR,1BA$1,409
Mariposa1 Bed, 1 Bath B (50% Income Restricted)1BR,1BA$1,409
Woodland EstatesS 500sqft 1 Bed1BR,1BA$1,420
Lake Apartments2 BR/ 1 BA2BR,1BA$1,450
Kently Pointe Apartments1 Bed 1 Bath (A)1BR,1BA$1,460

Best Value Apartments for Rent in Laurelwood, WA

As of September 05, 2026 the best value apartment in the Laurelwood area is the $2.21 price per square foot Willow Model at Fountain Lake Townhomes in the in the Meredith neighborhood starting from $2,800. The second greatest value Laurelwood apartment is the 2 BR/ 1 BA Model at Lake Apartments starting at $1,450 with a $1.21 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.
Fountain Lake TownhomesWillow3BR,2.5BA$2.21
Lake Apartments2 BR/ 1 BA2BR,1BA$1.21
Riverstone ApartmentsC2u - 3x2 upper floor3BR,2BA$1.89
The Lodge at Peasley Canyon2 Bedroom 2 Bath Plan Cedar A2BR,2BA$2.03
Mariposa2 Bed, 1 Bath A (60% Income Restricted)2BR,1BA$1.96
Ridge & ShoresB12BR,1BA$2.25
Soundview2 Bedroom2BR,1BA$2.25
Tree PointeOne Bedroom1BR,1BA$2.00
Kently Pointe Apartments1 Bed 1 Bath (A)1BR,1BA$2.09
Villa Capri1 Bedroom1BR,1BA$2.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Laurelwood, Federal Way, WA

Ranked #7

Among cities in Washington 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 $1,460.

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 $1,665.

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 45 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 $890 which is $775 cheaper than the average rent for all rentals in Laurelwood.

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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Rent According to Income: A Look at Income-Restricted Rentals

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.