Cheap Apartments for Rent in the Twin Lakes Neighborhood of Federal Way, WA from $800 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Federal Way.

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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
  • Utilities Included
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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included
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Northview Terrace
1 to 2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023

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.

Twin Lakes, Federal Way, WA Local Guide

Cheapest Available Twin Lakes Apartments for Rent

 

The cheapest available apartment rental in the Twin Lakes area of Federal Way, WA is a 1 Bed unit found at Pavilion priced from $1,472. Panther Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Twin Lakes apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
PavilionMetro1BR,1BA$1,472
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$1,495
Greystone Meadows1x1 S1BR,1BA$1,499
Northview Terrace1BR/1.0BA1BR,1BA$1,500
Cedar Gardens Apartments1BR/1.0BA1BR,1BA$1,525

Best Value Apartments for Rent in Twin Lakes, WA

As of June 25, 2025 the best value apartment in the Twin Lakes area is the $2.22 price per square foot Fairwood Model at Arcadia Townhomes in the in the Alderbrook neighborhood starting from $2,550. The second greatest value Twin Lakes apartment is the C1 Model at ReNew Dash Point starting at $2,015 with a $1.83 price per square foot in the Redondo neighborhood. Here is today’s list of the best values for Twin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arcadia TownhomesFairwood3BR,2BA$2.22
ReNew Dash PointC13BR,1BA$1.83
Trellis ApartmentsCherry2BR,2BA$2.30
Bayview Apartment Homes2 Bed 1 Bath2BR,1BA$2.21
Sunset Three Twenty2 Bed - 1 Bath (Renovated)2BR,1BA$2.20
Terra2x12BR,1BA$2.10
Glen Park At West CampusA21BR,1BA$2.00
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$2.14
PavilionMetro1BR,1BA$2.11
Northview Terrace1BR/1.0BA1BR,1BA$2.21

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Pet Friendly Lifestyle
Twin Lakes, Federal Way, WA

Ranked #10

Among neighborhoods in Federal Way, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Getting Around the Twin Lakes Neighborhood in Federal Way, WA

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

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 $1,472 at Pavilion.

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 ReNew Dash Point and starts from $2,015.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.