
Cheap Apartments for Rent in the Laurelwood Neighborhood of Federal Way, WA from $1,100 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Laurelwood area of Federal Way.


Total Monthly Price
Avana Star Lake

Mariposa

Crestview West Apartments

2532 S 286th Pl

1728 S 305th Pl
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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.

The Overlook

La Dolce Vita Apartments

Village At Redondo Condominium

Riverstone Apartments

Redondo Heights I

The Addison
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Brookside Village
Laurelwood, Federal Way, WA Local Guide

How much does it cost to rent an apartment in Laurelwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Laurelwood Studio Apartments | $1,498 | $1,311 | $1,650 |
| Laurelwood 1 Bedroom Apartments | $1,449 | $1,111 | $1,703 |
| Laurelwood 2 Bedroom Apartments | $2,006 | $1,298 | $2,560 |
| Laurelwood 3 Bedroom Apartments | $2,151 | $1,467 | $2,880 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Laurelwood Neighborhood of Federal Way, WA.
See all Apartments in Federal WayExplore Federal Way
Laurelwood, Federal Way, WA Local Guide
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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 Avana Star Lake priced from $1,305. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avana Star Lake | A1 | 1BR,1BA | $1,305 |
| Crestview West Apartments | Studio 1 Bath S2 | Studio,1BA | $1,311 |
| Villa Capri | 1 Bedroom | 1BR,1BA | $1,347 |
| Soundview | 1 Bedroom | 1BR,1BA | $1,580 |
| Mariposa | 2 Bed, 1 Bath A (60% Income Restricted) | 2BR,1BA | $1,799 |
Best Value Apartments for Rent in Laurelwood, WA
As of June 28, 2026 the best value apartment in the Laurelwood area is the $2.46 price per square foot 2x2_1023 Model at Brookside Village in the in the Woodmont neighborhood starting from $2,517. The second greatest value Laurelwood apartment is the 2 Bed, 1 Bath A (60% Income Restricted) Model at Mariposa starting at $1,799 with a $1.96 price per square foot in the Woodmont neighborhood. Here is today’s list of the best values for Laurelwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brookside Village | 2x2_1023 | 2BR,2BA | $2.46 |
| Mariposa | 2 Bed, 1 Bath A (60% Income Restricted) | 2BR,1BA | $1.96 |
| Soundview | 1 Bedroom | 1BR,1BA | $2.23 |
| Villa Capri | 1 Bedroom | 1BR,1BA | $2.07 |
| Avana Star Lake | A2 | 1BR,1BA | $2.26 |
| La Madera Apartments | 2 Bedroom 1 Bathroom at 60% | 2BR,1BA | $3.45 |
| Crestview West Apartments | Studio 1 Bath S1 | Studio ,1BA | $3.05 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleLaurelwood, Federal Way, WA
Ranked #8
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Laurelwood Apartments
What is the Cheapest Studio apartment in Laurelwood?
Currently the most affordable Cheap Studio Apartment in Laurelwood is at Crestview West Apartments listed at $1,311.
How much is rent for a Cheap One Bedroom Laurelwood Apartment?
The lowest price for a Cheap One Bedroom Laurelwood Apartment is $1,305 at Avana Star Lake.
What is the lowest price for a Cheap Two Bedroom Laurelwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Laurelwood is starting from $1,580 at Avana Star Lake.
What is the most affordable Laurelwood Three Bedroom Apartment?
The best deal on a cheap Laurelwood Three Bedroom Apartment rental is at Avana Star Lake and starts from $2,038.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.