
Cheap Homes for Rent in Twin Lakes Neighborhood of Federal Way, WA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Federal Way.


3601 55th Ave NE
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.

31500 33rd Pl SW

32812 22nd Ave SW

31407 13th Ave SW
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

How much does it cost to rent a home in Twin Lakes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Twin Lakes 2 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Twin Lakes 3 Bedroom Homes for Rent | $3,159 | $2,550 | $4,000 |
Twin Lakes 4 Bedroom Homes for Rent | $3,398 | $2,095 | $4,600 |
Twin Lakes 5 Bedroom Homes for Rent | $3,595 | $3,595 | $3,595 |
Browse Homes for Rent 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.
Explore Federal Way
Twin Lakes, Federal Way, WA Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pavilion | Metro | 1BR,1BA | $1,472 |
Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $1,495 |
Greystone Meadows | 1x1 S | 1BR,1BA | $1,499 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arcadia Townhomes | Fairwood | 3BR,2BA | $2.22 |
ReNew Dash Point | C1 | 3BR,1BA | $1.83 |
Trellis Apartments | Cherry | 2BR,2BA | $2.30 |
Bayview Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $2.21 |
Sunset Three Twenty | 2 Bed - 1 Bath (Renovated) | 2BR,1BA | $2.20 |
Terra | 2x1 | 2BR,1BA | $2.10 |
Glen Park At West Campus | A2 | 1BR,1BA | $2.00 |
Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $2.14 |
Pavilion | Metro | 1BR,1BA | $2.11 |
Northview Terrace | 1BR/1.0BA | 1BR,1BA | $2.21 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Twin Lakes
What type of rentals are currently available in Twin Lakes?
There are currently 47 Apartments for Rent in Twin Lakes, WA with pricing that ranges from $1,300 to $3,960. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,000 to $4,600.
What is the current price range for Rental Homes in Twin Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Twin Lakes ranges from $1,000 to $4,600 with an average monthly rent of $2,670.
How much are larger Three and Four Bedroom Rentals in Twin Lakes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Twin Lakes range from $1,800 to $3,102, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,550 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $3,049.
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.

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.

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.

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.

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.