2811 SW 337th St
Federal WayWA98023
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.
2811 SW 337th St
Federal WayWA98023
2811 SW 337th St
Federal WayWA98023
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$1,300 - $2,2001 to 3 Bedroom Apartments Available Now
Maplewood
4519 SW 321st StFederal Way, WA 98023
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$1,422 - $2,9231 to 3 Bedroom Apartments Available Now
Sunset Three Twenty
1901 SW 320th StFederal Way, WA 98023
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$1,450 - $1,8951 to 2 Bedroom Apartments Available Now
Panther Lake Apartments
33 S 342nd PlFederal Way, WA 98003
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$1,505 - $2,1001 to 3 Bedroom Apartments Available Now
Park at Dashpoint Apartments
31736 SW 50th LnFederal 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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$1,533 - $2,3941 to 3 Bedroom Apartments Available Now
Encore
125 SW Campus DrFederal Way, WA 98023
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Rent Specials
$1,539 - $2,8931 to 3 Bedroom Apartments Available Now
Glen Park At West Campus
952 SW Campus DrFederal Way, WA 98023
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Rent Specials
$1,539 - $3,3791 to 3 Bedroom Apartments Available Now
ReNew Dash Point
31004 19th Pl SWFederal Way, WA 98023
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$1,564 - $2,7021 to 3 Bedroom Apartments Available Now
Greystone Meadows
31500 1st Ave SFederal Way, WA 98003
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Rent Specials
$1,599 - $2,1991 to 2 Bedroom Apartments Available Now
Cedardale
2501 SW 336th StFederal Way, WA 98023
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Rent Specials
$1,606 - $2,4441 to 3 Bedroom Apartments Available Now
Ridge & Shores
31912 3rd Ln SWFederal Way, WA 98023
30812 16th Pl SW, Unit D
30812 16th 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.
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Rent Specials
$1,7952 Bedroom Apartments Available Jul 24
Rai Apartments
110 S 329th PlFederal Way, WA 98003
30812 16th Pl SW, Unit D
30812 16th Pl SW
Federal WayWA98023
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Rent Specials
$2,000 - $3,210Studio to 2 Bedroom Apartments Available Now
Trouve
34816 1st Ave SouthFederal Way, WA 98003
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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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Studio to 2 Bedroom Apartments
Terra
2111 SW 352nd StFederal Way, WA 98023
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1 to 2 Bedroom Apartments
Campus Landing Apartments
32420 1st Ln SWFederal Way, WA 98023
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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Studio to 2 Bedroom Apartments
Bayview Apartment Homes
30911 1st Ave SFederal Way, WA 98003
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1 to 2 Bedroom Apartments
The Cove
33131 1st Ave 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
Cedar Gardens Apartments
2110 SW 337th PlFederal 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
$1,651 - $2,574
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,651 - $2,574
Total Monthly Price
Varies
The Fairways
4901 Fairwood Blvd NETacoma, WA 98422
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$1,750 - $1,8952 Bedroom Apartments Available Now
The 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 1 Bedroom Apartments | $1,692 | $1,300 | $2,315 |
| Twin Lakes 2 Bedroom Apartments | $1,954 | $1,484 | $2,900 |
| Twin Lakes 3 Bedroom Apartments | $2,436 | $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 1 Bed unit found at Terra priced from $1,275. Bayview Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. 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 | $1,275 |
| Bayview Apartment Homes | 1 Bed 1 Bath A | 1BR,1BA | $1,399 |
| Sunset Three Twenty | A1: 1 Bed 1 Bath | 1BR,1BA | $1,422 |
| Panther Lake Apartments | One Bedroom Loft | 1BR,1BA | $1,450 |
| Encore | 1 Bedroom, 1 full | 1BR,1BA | $1,533 |
| ReNew Dash Point | A2 | 1BR,1BA | $1,539 |
| Greystone Meadows | 1x1 S | 1BR,1BA | $1,564 |
| The Cove | Nisqually | 1BR,1BA | $1,635 |
| The Fairways | A3 | 1BR,1BA | $1,651 |
| Maplewood | 2B 1B | 2BR,1BA | $1,700 |
Best Value Apartments for Rent in Twin Lakes, WA
As of July 17, 2026 the best value apartment in the Twin Lakes area is the $1.88 price per square foot Residence 3 Model at Align Apartments in the in the New Tacoma neighborhood starting from $2,199. The second greatest value Twin Lakes apartment is the Fairwood Model at Arcadia Townhomes starting at $2,450 with a $2.14 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. |
|---|---|---|---|
| Align Apartments | Residence 3 | 3BR,2BA | $1.88 |
| Arcadia Townhomes | Fairwood | 3BR,2BA | $2.14 |
| Park at Dashpoint Apartments | Magnolia 3x2 | 3BR,2BA | $1.91 |
| Glen Park At West Campus | B2 | 2BR,2BA | $2.00 |
| Ridge & Shores | B3 | 2BR,2BA | $2.09 |
| The Norpoint 8 Apartments | 2BR/1.0BA | 2BR,1BA | $2.06 |
| Maplewood | 2B 1B | 2BR,1BA | $2.01 |
| Panther Lake Apartments | Two Bedroom Junior | 2BR,1BA | $2.16 |
| Sunset Three Twenty | A1: 1 Bed 1 Bath | 1BR,1BA | $1.90 |
| Terra | 1x1 | 1BR,1BA | $1.83 |
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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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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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 $1,275 at Terra.
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 $1,484 at Sunset Three Twenty.
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 $2,100.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.