Apartments for Rent in the Steel Lake Neighborhood of Federal Way, WA Under $2,000 (21 Rentals)

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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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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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Brier Woods
1 to 3 Bedroom Apartments

Brier Woods

31224 Pete von Reichbauer Way SouthFederal Way, WA 98003
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Laurelwood Gardens
2 to 4 Bedroom Apartments

Laurelwood Gardens

29505 21st Ave SFederal Way, WA 98003

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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View at the Lake
1 to 2 Bedroom Apartments

View at the Lake

30602 Pacific Hwy 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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Showing Results 1-21, Page 1 of 1

Steel Lake, Federal Way, WA Local Guide

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

How much are Studio apartments in Steel Lake?

There are currently 7 Studio Apartments in Steel Lake with rent ranges from $1,075 to $1,326 with an average price of $1,242.

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 $1,167 to $1,799 with an average monthly rent of $1,604.

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 $1,295 to $2,142. Today's average rental price for Two Bedrooms here is $1,726.

How expensive are Steel Lake Three Bedroom Apartments?

There are currently 13 Three Bedroom Apartments listings available in Steel Lake on ApartmentHomeLiving.com. The pricing ranges from $2,310 to $2,389 - averaging $2,373 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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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.

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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.

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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.