Apartments for Rent in the 98023 ZIP Code of Federal Way, WA (98 Rentals)

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Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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property at 33932 28th Pl SW
$2,375
2 Bedroom, 1 Bath Rentals
Available Now
Cost Per Sq.Ft.

Unit

33932 28th Pl SW
Federal WayWA98023
property at 1418 SW 319th Ct
$3,445

Total Monthly Price

Base Rent$3,445
Total Monthly Price$3,445
3 Bedroom, 2.5 Bath Rentals
Available Now

1418 SW 319th Ct

Federal WayWA98023

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Highline Park
Studio Apartments

Highline Park

31813 21st Ave SWFederal Way, WA 98023
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2003 SW 318th Pl
2 Bedroom Apartments

2003 SW 318th Pl

2003 SW 318th PlFederal Way, WA 98023
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Laurel Hill
Studio Apartments

Laurel Hill

2107 SW 318th PlFederal Way, WA 98023

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Azalea Gardens
2 Bedroom Apartments

Azalea Gardens

30801 16th Pl SWFederal Way, WA 98023
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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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Arcadia Townhomes
2 to 3 Bedroom Apartments

Arcadia Townhomes

1300 SW Campus DrFederal Way, WA 98023
Corporate Housing
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Northview Terrace
1 to 2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023
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The Cove
1 to 2 Bedroom Apartments

The Cove

33131 1st Ave SWFederal Way, WA 98023

Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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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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Terra
Studio to 2 Bedroom Apartments

Terra

2111 SW 352nd StFederal Way, WA 98023
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Park at Dashpoint
1 to 3 Bedroom Apartments

Park at Dashpoint

31736 SW 50th LnFederal Way, WA 98023
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Align Apartments
2 to 3 Bedroom Apartments

Align Apartments

35434-35434 25th Ave SWFederal Way, WA 98023
Corporate Housing
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Encore
1 to 3 Bedroom Apartments

Encore

125 SW Campus DrFederal Way, WA 98023
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The Fairways
Rent Specials
$1,564 - $2,305

Total Monthly Price

Base Rent$1,564 - $2,305
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Fairways

4901 Fairwood Blvd NETacoma, WA 98422
Corporate Housing
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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.

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Frequently Asked Questions about the 98023 ZIP Code

What is the current pricing and availability for apartments for rent in the 98023 ZIP Code?

As of today, September 17, 2026, there are currently 98 available 98023 apartments priced from $960 to $4,995, with an average monthly rent of $2,001.

What is the current price range for One Bedroom 98023 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 98023 ranges from $1,150 to $2,536 with an average monthly rent of $1,621.

What does renting a Two Bedroom Apartment in 98023 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 98023 range from $1,365 to $3,276. Today's average rental price for Two Bedrooms here is $1,966.

How expensive are 98023 Three Bedroom Apartments?

There are currently 23 Three Bedroom Apartments listings available in 98023 on ApartmentHomeLiving.com. The pricing ranges from $1,779 to $4,187 - averaging $2,327 for the location.

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

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.