
Cheap Homes for Rent in Mirror Lake Neighborhood of Federal Way, WA from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Mirror Lake area of Federal Way.


31003 14th Ave S, Unit F3
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.

2500 S 286th Pl

33016 17th Pl S, Unit B-302
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

How much does it cost to rent a home in Mirror Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mirror Lake 2 Bedroom Homes for Rent | $2,066 | $1,795 | $2,300 |
| Mirror Lake 3 Bedroom Homes for Rent | $2,837 | $2,100 | $3,600 |
| Mirror Lake 4 Bedroom Homes for Rent | $3,713 | $2,850 | $4,495 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Mirror Lake Neighborhood of Federal Way, WA.
Explore Federal Way
Mirror Lake, Federal Way, WA Local Guide
- Nearby Federal Way neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Modern 3 bedroom Townhomes with Garage | 3x3.5 | 3BR,3.5BA | $1.50 |
| 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 | $1.75 |
| Greystone Meadows | 3x2 S | 3BR,2BA | $1.90 |
| Uptown Square | Armstrong | 1BR,1BA | $1.82 |
| Glen Park At West Campus | A1 | 1BR,1BA | $2.00 |
| Panther Lake Apartments | Two Bedroom Junior | 2BR,1BA | $2.03 |
| Mariposa | 1 Bed, 1 Bath B (60% Income Restricted) | 1BR,1BA | $1.94 |
| Tree Pointe | One Bedroom | 1BR,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.
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
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

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.

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.

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.