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Rent Specials
$1,299 - $2,142Special Offer
1 Month Free 1 Month Free On Select Units. *Restrictions apply. with approved application**
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Traditions at Federal Way Senior Living
31701 Pete Von Reichbauer WayFederal Way, WA 98003
Apartments for Rent with Specials in the Steel Lake Neighborhood of Federal Way, WA (4 Rentals)
Apartments in the Steel Lake area of Federal Way with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
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Rent Specials
$1,450 - $1,495Special Offer
3 Months Free 3 Months Free Rent
***Move in date must be within 10 days or less to receive incentive. Incentive will be applied to second mo
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Lake Apartments
30853 14th Ave SFederal Way, WA 98003
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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Rent Specials
$1,799 - $1,975Special Offer
Specials Move In Now & Enjoy TWO WEEKS FREE! (On Select Units Only) Terms & Restrictions Apply. Minimum Lease Term Applies. Other Costs & Fe
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Steel Lake Plaza
2201 S 312th StFederal Way, WA 98003
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Rent Specials
$1,710 - $2,627Special Offer
1 Month Free Limited time offer: Up to One Month FREE!
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Watermark
31655 Military Rd SAuburn, WA 98001
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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Steel Lake, Federal Way, WA Local Guide
How much does it cost to rent an apartment in Steel Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steel Lake Studio Apartments | $1,677 | $1,677 | $1,677 |
| Steel Lake 1 Bedroom Apartments | $1,578 | $1,199 | $1,799 |
| Steel Lake 2 Bedroom Apartments | $1,913 | $1,299 | $2,215 |
| Steel Lake 3 Bedroom Apartments | $2,295 | $2,195 | $2,359 |
| Steel Lake 4 Bedroom Apartments | $2,530 | $2,427 | $2,627 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Steel Lake Neighborhood of Federal Way, WA.
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Steel Lake, Federal Way, WA Local Guide
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Top Federal Way Apartments in the Steel Lake Area with Move-In Specials Ending This Month
Specials updated: 08-25-2026Take advantage of these move-in and rent specials that are ending this month for top Steel Lake, WA apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Watermark
Limited time offer: Up to One Month FREE!Expires August 26, 2026
Traditions at Federal Way Senior Living
1 Month Free On Select Units. *Restrictions apply. with approved application**Expires August 26, 2026
Newly Listed Move-In Specials offers for Apartments in Steel Lake, WA
Specials updated: 08-25-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Steel Lake, WA. Be sure to take advantage of some of the area’s top offers.
Watermark
Limited time offer: Up to One Month FREE!
Lake Apartments
3 Months Free Rent ***Move in date must be within 10 days or less to receive incentive. Incentive will be applied to second month of lease.
Traditions at Federal Way Senior Living
1 Month Free On Select Units. *Restrictions apply. with approved application**
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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Best Local Schools in Steel Lake, Federal Way, WA
Federal Way Senior High School
Federal Way School District
Public School - Grades 9-12 (1640)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Rent Specials Steel Lake Apartments
What is the Cheapest Rent Specials apartment in Steel Lake?
Currently the most affordable Rent Specials Apartment in Steel Lake is at Traditions at Federal Way Senior Living listed at $1,299.
How much is the average rent for a Rent Specials Steel Lake Apartment?
The average rent for a Rent Specials Apartment in Steel Lake is $1,811.
What is the largest Rent Specials Steel Lake Apartment for rent?
Today's Rent Specials apartment with the most square footage in Steel Lake is a 1,342 square feet unit starting from $1,710 at Watermark.
What is the average size for Steel Lake Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Steel Lake is currently at 666 sq ft.
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
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.
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.
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.
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.