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$1,300 - $2,2001 to 3 Bedroom Apartments Available Jun 5
Maplewood
4519 SW 321st StFederal Way, WA 98023
Cheap Apartments for Rent in the Twin Lakes Neighborhood of Federal Way, WA from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Federal Way.
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$1,375 - $3,210Studio to 2 Bedroom Apartments Available Now
Trouve
34816 1st Ave SouthFederal Way, WA 98003
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Rent Specials
$1,444 - $2,6521 to 3 Bedroom Apartments Available Now
Ridge & Shores
31912 3rd Ln SWFederal Way, WA 98023
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$1,450 - $1,8001 to 2 Bedroom Apartments Available Now
Panther Lake Apartments
33 S 342nd PlFederal Way, WA 98003
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$1,469 - $3,3791 to 3 Bedroom Apartments Available Now
ReNew Dash Point
31004 19th Pl SWFederal Way, WA 98023
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Rent Specials
$1,522 - $2,0701 to 3 Bedroom Apartments Available Now
Sunset Three Twenty
1901 SW 320th StFederal Way, WA 98023
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Rent Specials
$1,533 - $2,3941 to 3 Bedroom Apartments Available Now
Encore Apartment Homes
125 SW Campus DrFederal Way, WA 98023
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.
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$1,549 - $2,7341 to 3 Bedroom Apartments Available Jun 12
Greystone Meadows
31500 1st Ave SFederal Way, WA 98003
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$1,620 - $2,7771 to 3 Bedroom Apartments Available Now
Glen Park At West Campus
952 SW Campus DrFederal Way, WA 98023
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$1,6501 Bedroom Apartments Available Now
Rai Apartments
110 S 329th PlFederal Way, WA 98003
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$1,699 - $2,1651 to 2 Bedroom Apartments Available Now
Cedardale
2501 SW 336th StFederal Way, WA 98023
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$1,7952 Bedroom Apartments Available Now
Cedar Gardens Apartments
2110 SW 337th PlFederal Way, WA 98023
30812 16th Pl SW, Unit D
30812 16th Pl SW
Federal WayWA98023
33711 37th Pl SW
Federal WayWA98023
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.
31500 33rd Pl SW
Federal WayWA98023
2611 SW 333rd Pl
Federal WayWA98023
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1 to 3 Bedroom Apartments
Westboro Apartments
32930 1st Ave SFederal Way, WA 98023
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1 to 2 Bedroom Apartments
Parkway Apartments
2206 SW 334th PlFederal Way, WA 98023
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1 to 2 Bedroom Apartments
Campus Landing Apartments
32420 1st Ln SWFederal Way, WA 98023
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Studio to 2 Bedroom Apartments
Terra
2111 SW 352nd StFederal Way, WA 98023
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Studio to 2 Bedroom Apartments
Bayview Apartment Homes
30911 1st Ave SFederal Way, WA 98003
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 3 Bedroom Apartments
The Shores Apartments
31700 3rd Pl SWFederal Way, WA 98023
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2 to 3 Bedroom Apartments
Align Apartments
35434-35434 25th Ave SWFederal Way, WA 98023
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1 to 2 Bedroom Apartments
The Cove
33131 1st Ave SWFederal Way, WA 98023
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1 to 2 Bedroom Apartments
Northview Terrace
1412 SW 312th StFederal Way, WA 98023
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Rent Specials
$1,369 - $2,610
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,369 - $2,610
Total Monthly Price
Varies
The Fairways
4901 Fairwood Blvd NETacoma, WA 98422
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$2,7952 Bedroom Apartments Contact Us For Availability
Norpoint Village - 55+ Community
4301 Norpoint Way NETacoma, WA 98422
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Studio Apartments
Norpoint 8 Apartments
3213-3219 49th Ave NETacoma, WA 98422
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Showing Results 1-28, Page 1 of 1
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 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 28 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
- Nearby Federal Way neighborhoods
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Cheapest Available Twin Lakes Apartments for Rent
The cheapest available apartment rental in the Twin Lakes area of Federal Way, WA is a Studio unit found at Terra priced from $1,364. The Fairways has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,369. Here are the most affordable Twin Lakes apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra | Studio | Studio,1BA | $1,364 |
| The Fairways | A3 | 1BR,1BA | $1,369 |
| Trouve | Studio | Studio,1BA | $1,375 |
| ReNew Dash Point | A2 | 1BR,1BA | $1,469 |
| Sunset Three Twenty | A1: 1 Bed 1 Bath | 1BR,1BA | $1,522 |
| Encore Apartment Homes | 1x1 A | 1BR,1BA | $1,533 |
| Glen Park At West Campus | A1 | 1BR,1BA | $1,620 |
| Panther Lake Apartments | Two Bedroom Junior | 2BR,1BA | $1,625 |
| Rai Apartments | 1x1 | 1BR,1BA | $1,650 |
| Ridge & Shores | B1 | 2BR,1BA | $1,694 |
Best Value Apartments for Rent in Twin Lakes, WA
As of June 01, 2026 the best value apartment in the Twin Lakes area is the $2.19 price per square foot C1 Model at Ridge & Shores in the in the West Campus neighborhood starting from $2,602. The second greatest value Twin Lakes apartment is the 3x2 S Model at Greystone Meadows starting at $2,089 with a $1.90 price per square foot in the Alderbrook neighborhood. Here is today’s list of the best values for Twin Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridge & Shores | C1 | 3BR,2BA | $2.19 |
| Greystone Meadows | 3x2 S | 3BR,2BA | $1.90 |
| Align Apartments | Residence 2 | 2BR,2BA | $2.22 |
| Bayview Apartment Homes | 2 Bed 2 Bath | 2BR,2BA | $2.06 |
| Northview Terrace | 2BR/1.0BA | 2BR,1BA | $2.08 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.16 |
| Glen Park At West Campus | A1 | 1BR,1BA | $2.00 |
| Panther Lake Apartments | Two Bedroom Junior | 2BR,1BA | $2.03 |
| Sunset Three Twenty | A1: 1 Bed 1 Bath | 1BR,1BA | $2.16 |
| Encore Apartment Homes | 1x1 A | 1BR,1BA | $2.16 |
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.
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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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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
Federal Way School District
Public School - Grades PK-5 (423)
2 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Federal Way. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 $1,625 at Panther Lake Apartments.
What is the most affordable Twin Lakes Three Bedroom Apartment?
The best deal on a cheap Twin Lakes Three Bedroom Apartment rental is at Park at Dashpoint Apartments and starts from $2,050.
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.