Cheap Apartments for Rent in the Mirror Lake Neighborhood of Federal Way, WA from $700 (51 Rentals)

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

property at 31003 14th Ave S

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Now

31003 14th Ave S, Unit F3

31003 14th Ave S
Federal WayWA98003

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Villa Capri
1 to 3 Bedroom Apartments

Villa Capri

28621 25th Pl SFederal Way, WA 98003
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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
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Celebration Senior Living
1 to 2 Bedroom Apartments

Celebration Senior Living

1524 S 328th StFederal Way, WA 98003
Senior Living
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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
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View at the Lake
1 to 2 Bedroom Apartments

View at the Lake

30602 Pacific Hwy SFederal Way, WA 98003

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.

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The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003
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Soundview
1 to 2 Bedroom Apartments

Soundview

28425 18th Ave SFederal Way, WA 98003
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Laurelwood Gardens
2 to 4 Bedroom Apartments

Laurelwood Gardens

29505 21st Ave SFederal Way, WA 98003
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Brier Woods
1 to 3 Bedroom Apartments

Brier Woods

31224 Pete von Reichbauer Way SouthFederal Way, WA 98003
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The Cove
1 to 2 Bedroom Apartments

The Cove

33131 1st Ave SWFederal Way, WA 98023
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Northview Terrace
1 to 2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023

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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

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 ListingModel NameBed/BathPriced From
Villa Capri1 Bedroom1BR,1BA$750
Meridian Court Senior Affordable ApartmentsA031BR,1BA$1,067
Traditions at Federal Way Senior LivingStudio - SpruceStudio,1BA$1,075
Lake Apartments2 BR/ 1 BA2BR,1BA$1,295
Crestview West ApartmentsStudio 1 Bath S2Studio,1BA$1,311
Sunset Three TwentyA1: 1 Bed 1 Bath1BR,1BA$1,380
Ridge & ShoresA21BR,1BA$1,428
The CommonsOne Bedroom1BR,1BA$1,463
Arbor Woods Apartments1BR/1.0BA1BR,1BA$1,499
ReNew Dash PointA21BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Modern 3 bedroom Townhomes with Garage3x2.53BR,2.5BA$1.50
Glen Park At West CampusC13BR,2.5BA$2.01
Providence Landing3 Bed 2 Bath3BR,2BA$1.79
Lake Apartments2 BR/ 1 BA2BR,1BA$1.08
Kitts CornerBarcelona2BR,2BA$1.84
Mariposa2 Bed, 1 Bath A (60% Income Restricted)2BR,1BA$1.93
Uptown SquareArmstrong1BR,1BA$1.85
Laurelwood Gardens2 bed 1 Bath Townhouse2BR,1BA$2.06
Campus View1L1BR,1BA$2.07
Pacific Heights254 1X1 B1BR,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.

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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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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

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Written by: Christine Leonard, Esq.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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