
Cheap Apartments for Rent in the Mirror Lake Neighborhood of Federal Way, WA from $700 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mirror Lake area of Federal Way.


Meridian Court Senior Affordable Apartments

Traditions at Federal Way Senior Living

La Madera Apartments

Lake Apartments

Crestview West Apartments

Sunset Three Twenty

31003 14th Ave S, Unit F3

Greystone Meadows

Tree Pointe
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

Ridge & Shores

Arbor Woods Apartments

Pacific Heights

ReNew Dash Point

Campus View

Panther Lake Apartments

29645 18th Ave S

Brookhaven Apartments

Steel Lake Plaza

Rai Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Uptown Square

Mariposa

Glen Park At West Campus

Kitts Corner

Westhampton

Cedar Gardens Apartments

33016 17th Pl S, Unit B-302

Providence Landing

30812 16th Pl SW, Unit D

Cedardale
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1737 S 305th Pl, Unit 4

Villa Capri

Westboro Apartments

Greystone Apartments

Celebration Senior Living

Willamette Court Apartments

Parkway Apartments

Campus Landing Apartments

View at the Lake

Bayview Apartment Homes
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 Commons

The Shores Apartments

Soundview

Argyle Apartment Homes

Laurelwood Gardens

Brier Woods

The Cove

Portofino Apartments

Northview Terrace

2516 S 286th Pl
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.
Mirror Lake, Federal Way, WA Local Guide

How much does it cost to rent an apartment in Mirror Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mirror Lake Studio Apartments | $1,389 | $960 | $1,650 |
| Mirror Lake 1 Bedroom Apartments | $1,557 | $1,067 | $2,269 |
| Mirror Lake 2 Bedroom Apartments | $1,905 | $1,295 | $2,550 |
| Mirror Lake 3 Bedroom Apartments | $2,416 | $1,467 | $3,339 |
| Mirror Lake 4 Bedroom Apartments | $2,577 | $2,502 | $2,602 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Mirror Lake Neighborhood of Federal Way, WA.
See all Apartments in Federal WayExplore Federal Way
Mirror Lake, Federal Way, WA Local Guide
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Cheapest Available Mirror Lake Apartments for Rent
 The cheapest available apartment rental in the Mirror Lake area of Federal Way, WA is a 1 Bed unit found at Villa Capri priced from $750. Meridian Court Senior Affordable Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,067. Here are the most affordable Mirror Lake apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri | 1 Bedroom | 1BR,1BA | $750 |
| Meridian Court Senior Affordable Apartments | A03 | 1BR,1BA | $1,067 |
| Traditions at Federal Way Senior Living | Studio - Spruce | Studio,1BA | $1,075 |
| Lake Apartments | 2 BR/ 1 BA | 2BR,1BA | $1,295 |
| Crestview West Apartments | Studio 1 Bath S2 | Studio,1BA | $1,311 |
| Sunset Three Twenty | A1: 1 Bed 1 Bath | 1BR,1BA | $1,380 |
| Ridge & Shores | A2 | 1BR,1BA | $1,428 |
| The Commons | One Bedroom | 1BR,1BA | $1,463 |
| Arbor Woods Apartments | 1BR/1.0BA | 1BR,1BA | $1,499 |
| ReNew Dash Point | A2 | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Mirror Lake, WA
As of June 05, 2026 the best value apartment in the Mirror Lake area is the $1.50 price per square foot 3x2.5 Model at Modern 3 bedroom Townhomes with Garage in the in the Jovita neighborhood starting from $2,800. The second greatest value Mirror Lake apartment is the C1 Model at Glen Park At West Campus starting at $2,607 with a $2.01 price per square foot in the West Campus neighborhood. Here is today’s list of the best values for Mirror Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Modern 3 bedroom Townhomes with Garage | 3x2.5 | 3BR,2.5BA | $1.50 |
| Glen Park At West Campus | C1 | 3BR,2.5BA | $2.01 |
| Providence Landing | 3 Bed 2 Bath | 3BR,2BA | $1.79 |
| Lake Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.08 |
| Kitts Corner | Barcelona | 2BR,2BA | $1.84 |
| Mariposa | 2 Bed, 1 Bath A (60% Income Restricted) | 2BR,1BA | $1.93 |
| Uptown Square | Armstrong | 1BR,1BA | $1.85 |
| Laurelwood Gardens | 2 bed 1 Bath Townhouse | 2BR,1BA | $2.06 |
| Campus View | 1L | 1BR,1BA | $2.07 |
| Pacific Heights | 254 1X1 B | 1BR,1BA | $2.03 |
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.
Best Local Schools in Mirror Lake, Federal Way, WA
Federal Way Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Mirror Lake, Federal Way, and the greater Federal Way area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Mirror Lake Apartments
What is a cheap apartment in Mirror Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mirror Lake is under $1,499.
What is the price of a cheap apartment in Mirror Lake?
The cheapest apartment in Mirror Lake is Villa Capri which is listed at $750, while the average apartment in Mirror Lake costs $2,602.
What types of apartments are the cheapest in Mirror Lake?
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 42 regular apartments in Mirror Lake 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 Mirror Lake?
Cheap apartments in Mirror Lake have an average cost of $1,052 which is $1,550 cheaper than the average rent for all rentals in Mirror Lake.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.