
Cheap 1 Bedroom Apartments for Rent in the Twin Lakes Neighborhood of Federal Way, WA from $1,300 (20 Rentals)


Park at Dashpoint Apartments

Ridge & Shores

Panther Lake Apartments

ReNew Dash Point

Sunset Three Twenty
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Encore Apartment Homes

Greystone Meadows

Glen Park At West Campus

Rai Apartments

Cedardale

Trouve
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Westboro Apartments

Parkway Apartments

Campus Landing Apartments

Terra

Bayview Apartment Homes

The Shores Apartments
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.

The Cove

Total Monthly Price
The Fairways
Twin Lakes, Federal Way, WA Local Guide

How much does it cost to rent an apartment in Twin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lakes Studio Apartments | $1,665 | $1,375 | $1,955 |
Twin Lakes 1 Bedroom Apartments | $1,620 | $1,300 | $2,365 |
| Twin Lakes 2 Bedroom Apartments | $1,920 | $1,625 | $2,800 |
| Twin Lakes 3 Bedroom Apartments | $2,509 | $1,800 | $3,379 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Federal Way, WA.
See all Apartments in Federal WayExplore Federal Way
Twin Lakes, Federal Way, WA Local Guide
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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.
Pet Friendly LifestyleTwin Lakes, Federal Way, WA
Ranked #11
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Twin Lakes, Federal Way, WA
Olympic View Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Twin Lakes Apartments
How much is rent for a Cheap One Bedroom Twin Lakes Apartment?
The lowest price for a Cheap One Bedroom Twin Lakes Apartment is $1,369 at The Fairways.
What is the lowest price for a Cheap Two Bedroom Twin Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Twin Lakes is starting from $1,369 at The Fairways.
What is the most affordable Twin Lakes Three Bedroom Apartment?
The best deal on a cheap Twin Lakes Three Bedroom Apartment rental is at The Fairways and starts from $1,369.
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.