
Cheap Homes for Rent in Laurelwood Neighborhood of Federal Way, WA from $1,700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Laurelwood area of Federal Way.

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.

29307 32nd Pl S
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.
Laurelwood, Federal Way, WA Local Guide

How much does it cost to rent a home in Laurelwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Laurelwood 2 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Laurelwood 3 Bedroom Homes for Rent | $2,679 | $2,659 | $2,700 |
Laurelwood 4 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
Laurelwood 5 Bedroom Homes for Rent | $4,700 | $4,700 | $4,700 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Laurelwood Neighborhood of Federal Way, WA.
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Laurelwood, Federal Way, WA Local Guide
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Best Value Apartments for Rent in Laurelwood, WA
As of May 10, 2025 the best value apartment in the Laurelwood area is the $2.54 price per square foot 2x2_1034 Model at Brookside Village in the in the Woodmont neighborhood starting from $2,625. The second greatest value Laurelwood apartment is the 2 Bedroom 1 Bathroom (S.S) Model at Redondo Heights I starting at $1,525 with a $1.73 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_1034 | 2BR,2BA | $2.54 |
Redondo Heights I | 2 Bedroom 1 Bathroom (S.S) | 2BR,1BA | $1.73 |
Uptown Square | Bolden | 1BR,1BA | $1.95 |
Avana Star Lake | B1 | 2BR,1BA | $2.14 |
Watermark | Kitsap | 1BR,1BA | $2.20 |
Kently Pointe Apartments | 1 Bed 1 Bath (A) | 1BR,1BA | $2.07 |
Homestead Apartments | 1x1 | 1BR,1BA | $2.16 |
Brookhaven Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.53 |
The Village of Newport | The Collage | 1BR,1BA | $2.50 |
Meridian Court Senior Affordable Apartments | A03 | 1BR,1BA | $2.42 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Laurelwood
What type of rentals are currently available in Laurelwood?
There are currently 43 Apartments for Rent in Laurelwood, WA with pricing that ranges from $999 to $3,953. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laurelwood ranging from $1,700 to $4,700.
What is the current price range for Rental Homes in Laurelwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Laurelwood ranges from $1,700 to $4,700 with an average monthly rent of $3,085.
How much are larger Three and Four Bedroom Rentals in Laurelwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Laurelwood range from $2,051 to $3,953, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,659 to $2,700. Four Bedroom Single-Family rentals are also available starting from $4,250 and Four Bedroom Apartments start at $2,279.
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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.