Cheap Homes for Rent in Mirror Lake Neighborhood of Federal Way, WA from $700 (4 Rentals)

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Search the lowest-cost Homes 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

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.

property at 2500 S 286th Pl

$1,795 - $1,950

2 Bedroom Rentals

Available Now

2500 S 286th Pl

Federal WayWA98003

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.

Mirror Lake, Federal Way, WA Local Guide

Best Value Apartments for Rent in Mirror Lake, WA

As of May 30, 2026 the best value apartment in the Mirror Lake area is the $1.50 price per square foot 3x3.5 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 3 Bed 2 Bath Model at Providence Landing starting at $2,310 with a $1.79 price per square foot in the Jovita 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 Garage3x3.53BR,3.5BA$1.50
Providence Landing3 Bed 2 Bath3BR,2BA$1.79
Lake Apartments2 BR/ 1 BA2BR,1BA$1.08
Kitts CornerBarcelona2BR,2BA$1.75
Greystone Meadows3x2 S3BR,2BA$1.90
Uptown SquareArmstrong1BR,1BA$1.82
Glen Park At West CampusA11BR,1BA$2.00
Panther Lake ApartmentsTwo Bedroom Junior2BR,1BA$2.03
Mariposa1 Bed, 1 Bath B (60% Income Restricted)1BR,1BA$1.94
Tree PointeOne Bedroom1BR,1BA$1.90

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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Frequently Asked Questions about Mirror Lake

What type of rentals are currently available in Mirror Lake?

There are currently 117 Apartments for Rent in Mirror Lake, WA with pricing that ranges from $960 to $3,369. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mirror Lake ranging from $725 to $4,495.

What is the current price range for Rental Homes in Mirror Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mirror Lake ranges from $725 to $4,495 with an average monthly rent of $2,419.

How much are larger Three and Four Bedroom Rentals in Mirror Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mirror Lake range from $1,467 to $3,369, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,374.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.