Apartments for Rent in the Steel Lake Neighborhood of Federal Way, WA (51 Rentals)

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property at 2819 S 301st St

$4,195

Total Monthly Price

Total Monthly Price

Base Rent
$4,195
Total Monthly Price
$4,195

5 Bedroom, 3 Bath Home for Rent

Available Now

2819 S 301st St

Federal WayWA98003
property at 831 S 310th Pl

$2,650

Total Monthly Price

Total Monthly Price

Base Rent
$2,650
Total Monthly Price
$2,650

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

831 S 310th Pl

Federal WayWA98003

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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property at 31003 14th Ave S

$1,350 - $1,550

1 Bedroom Rentals

Available Now

31003 14th Ave S

Federal WayWA98003
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Campus Green II
2 Bedroom Apartments

Campus Green II

505-527 S 325th StFederal Way, WA 98003
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1761 S 305th Pl
Studio Apartments

1761 S 305th Pl

1761 S 305th PlFederal Way, WA 98003

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Firetree Estates
1 to 2 Bedroom Apartments

Firetree Estates

1747 S 305th PlFederal Way, WA 98003
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Whispering Firs
2 to 3 Bedroom Apartments

Whispering Firs

1825 S 310th StFederal Way, WA 98003
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1727 S 305th Pl
Studio to 2 Bedroom Apartments

1727 S 305th Pl

1727 S 305th PlFederal Way, WA 98003
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1730 S 305th Pl
2 Bedroom Apartments

1730 S 305th Pl

1730 S 305th PlFederal Way, WA 98003
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1728 S 305th Pl
1 to 2 Bedroom Apartments

1728 S 305th Pl

1728 S 305th PlFederal Way, WA 98003
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Jonathon House
1 to 2 Bedroom Apartments

Jonathon House

1740 S 305th PlFederal Way, WA 98003

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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31250 28th Ave S
2 to 3 Bedroom Apartments

31250 28th Ave S

31250 28th Ave SFederal Way, WA 98003
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Chelsea Court
2 Bedroom Apartments

Chelsea Court

2530 S 317th StFederal Way, WA 98003
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The Overlook
2 to 3 Bedroom Apartments

The Overlook

29645 18th Ave SFederal Way, WA 98003
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1040 S 320th St
1 Bedroom Apartments

1040 S 320th St

1040 S 320th StFederal Way, WA 98003
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View at the Lake
1 to 2 Bedroom Apartments

View at the Lake

30602 Pacific Hwy SFederal Way, WA 98003

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

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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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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Southridge House
1 Bedroom Apartments

Southridge House

30838 14th Ave SFederal Way, WA 98003
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Redondo Ridge
2 Bedroom Apartments

Redondo Ridge

30323-30331 15th Ct SFederal Way, WA 98003
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Kandila Townhomes
3 Bedroom Apartments

Kandila Townhomes

31408 28th Ave SFederal Way, WA 98003
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Villa Esperanza
Studio Apartments

Villa Esperanza

31524 28th Ave SFederal Way, WA 98003

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.

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Showing Results 1-50, Page 1 of 2

Steel Lake, Federal Way, WA Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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Quick 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.

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Best Local Schools in
Steel Lake, Federal Way, WA

School data provided by Great Schools

Frequently Asked Questions about Steel Lake

What is the current pricing and availability for apartments for rent in the Steel Lake area of Federal Way, WA?

As of today, August 26, 2026, there are currently 51 available Steel Lake apartments priced from $1,199 to $2,627, with an average monthly rent of $1,877.

How much are Studio apartments in Steel Lake?

There are currently 7 Studio Apartments in Steel Lake with rent ranges from $1,677 to $1,677 with an average price of $1,677.

What is the current price range for One Bedroom Steel Lake Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Steel Lake ranges from $1,199 to $1,799 with an average monthly rent of $1,578.

What does renting a Two Bedroom Apartment in Steel Lake cost?

The monthly rent prices of Two Bedroom Apartments currently available in Steel Lake range from $1,299 to $2,215. Today's average rental price for Two Bedrooms here is $1,913.

How expensive are Steel Lake Three Bedroom Apartments?

There are currently 14 Three Bedroom Apartments listings available in Steel Lake on ApartmentHomeLiving.com. The pricing ranges from $2,195 to $2,359 - averaging $2,295 for the location.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.