105 S 340th St
Federal WayWA98003
Cheap Homes for Rent in Twin Lakes Neighborhood of Federal Way, WA from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Federal Way.
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833 SW 313th Ct
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, Unit K103
31500 33rd Pl SW
Federal WayWA98023
1019 SW 306th St
Federal WayWA98023
32902 26th Pl SW, Unit 1- Upper level
32902 26th Pl SW
Federal WayWA98023
30548 5th Ave SW
Federal WayWA98023
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.
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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 a home in Twin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lakes 2 Bedroom Homes for Rent | $2,199 | $2,199 | $2,199 |
| Twin Lakes 3 Bedroom Homes for Rent | $2,962 | $2,160 | $3,500 |
| Twin Lakes 4 Bedroom Homes for Rent | $3,446 | $2,935 | $3,815 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Federal Way, WA.
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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 $1,295. Encore Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,449. 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 | $1,295 |
| Encore Apartment Homes | 1x1 A | 1BR,1BA | $1,449 |
| Park at Dashpoint Apartments | Juniper 1x1 | 1BR,1BA | $1,455 |
Best Value Apartments for Rent in Twin Lakes, WA
As of September 09, 2025 the best value apartment in the Twin Lakes area is the $2.13 price per square foot Collingwood Model at Arcadia Townhomes in the in the Alderbrook neighborhood starting from $2,550. The second greatest value Twin Lakes apartment is the B3 Model at Glen Park At West Campus starting at $2,218 with a $2.05 price per square foot in the West Campus 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 | Collingwood | 2BR,2.5BA | $2.13 |
| Glen Park At West Campus | B3 | 2BR,2BA | $2.05 |
| Align Apartments | Residence 1 | 2BR,1BA | $2.28 |
| Sunset Three Twenty | 2 Bed - 1 Bath (Renovated) | 2BR,1BA | $2.20 |
| Cedar Gardens Apartments | 2BR/1.0BA | 2BR,1BA | $2.07 |
| Encore Apartment Homes | 1x1 A | 1BR,1BA | $2.04 |
| Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $2.14 |
| The Fairways | A3 | 1BR,1BA | $2.45 |
| Northview Terrace | 2BR/1.0BA | 2BR,1BA | $2.39 |
| Terra | 1x1 | 1BR,1BA | $2.17 |
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Pet Friendly LifestyleTwin Lakes, Federal Way, WA
Ranked #14
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
Frequently Asked Questions about Twin Lakes
What type of rentals are currently available in Twin Lakes?
There are currently 45 Apartments for Rent in Twin Lakes, WA with pricing that ranges from $1,300 to $3,303. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,500 to $3,815.
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 $1,500 to $3,815 with an average monthly rent of $2,526.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.