
Cheap Apartments for Rent in the 98023 ZIP Code of Federal Way, WA from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the 98023 ZIP Code area of Federal Way.


2811 SW 337th St

Sunset Three Twenty

Glen Park At West Campus

Park at Dashpoint
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

ReNew Dash Point

Westboro Apartments

Parkway Apartments

Campus Landing Apartments

Terra
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cove East

Panther Lake Apartments

Greystone Meadows

3827 Nassau Ave NE

Norpoint Landing Apartments
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.

Bayview Apartment Homes
Federal Way, WA Local Guide

How much does it cost to rent an apartment in 98023?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 98023 Studio Apartments | $960 | $960 | $960 |
| 98023 1 Bedroom Apartments | $1,622 | $1,150 | $2,573 |
| 98023 2 Bedroom Apartments | $1,960 | $1,365 | $3,210 |
| 98023 3 Bedroom Apartments | $2,470 | $1,800 | $4,264 |
| 98023 4 Bedroom Apartments | $3,950 | $2,400 | $5,500 |
Browse Apartments in the 98023 Zip Code of Federal Way
Explore Federal Way
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.