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$1,300 - $1,8001 to 3 Bedroom Apartments Contact Us For Availability
Maplewood
4519 SW 321st StFederal Way, WA 98023
Cheap Apartments for Rent in the Twin Lakes Neighborhood of Federal Way, WA from $800 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Federal Way.
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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.
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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 1-6, Page 1 of 1
Twin Lakes, Federal Way, WA Local Guide
Dedication of Downtown Flag and Veterans Way by Darel Roa Photography is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Twin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lakes Studio Apartments | $1,899 | $1,899 | $1,899 |
| Twin Lakes 1 Bedroom Apartments | $1,626 | $1,300 | $2,150 |
| Twin Lakes 2 Bedroom Apartments | $1,993 | $1,525 | $2,906 |
| Twin Lakes 3 Bedroom Apartments | $2,363 | $1,800 | $2,974 |
Browse Apartments in this Neighborhood
There are currently 6 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Terra priced from $1,339. The Fairways has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,388. Here are the most affordable Twin Lakes apartments for rent in Federal Way, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra | 1x1 | 1BR,1BA | $1,339 |
| The Fairways | A3 | 1BR,1BA | $1,388 |
| Bayview Apartment Homes | 1 Bed 1 Bath A | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Twin Lakes, WA
As of October 24, 2025 the best value apartment in the Twin Lakes area is the $2.25 price per square foot C1 Model at The Fairways in the in the Alderbrook neighborhood starting from $2,512. The second greatest value Twin Lakes apartment is the Magnolia 3x2 Model at Park at Dashpoint Apartments starting at $2,158 with a $1.96 price per square foot in the Twin Lakes 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. |
|---|---|---|---|
| The Fairways | C1 | 3BR,2BA | $2.25 |
| Park at Dashpoint Apartments | Magnolia 3x2 | 3BR,2BA | $1.96 |
| The Ridge and The Shores | Driftwood | 2BR,1BA | $1.90 |
| Align Apartments | Residence 1 | 2BR,1BA | $2.16 |
| Encore Apartment Homes | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.07 |
| Northview Terrace | 2BR/1.0BA | 2BR,1BA | $2.02 |
| Sunset Three Twenty | 2 Bed - 1 Bath (Renovated) | 2BR,1BA | $2.23 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
| Glen Park At West Campus | A1 | 1BR,1BA | $2.03 |
| Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $2.14 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleTwin Lakes, Federal Way, WA
Ranked #6
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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!
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,400 at Bayview Apartment Homes.
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 $1,670 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 $1,995.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.