
Apartments for Rent in the 98023 ZIP Code of Federal Way, WA (88 Rentals)Page 2 of 2


3113 57th Ave NE

30466 3rd Ave S

2401 66th Ave NE

5069 37th St NE

2929 58th Ave NE

5232 Enetai Ave NE

4510 41st St NE

4634 Lighthouse Dr NE

1733 SW 318th Pl
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1507 63rd Ave NE

Colonial Forest

Quiet Forest II & III

The Links at Northshore

34017 1st Cir S

120 S 339th Cor

Heritage Condominiums

135 S 340th St

Federal Way 4-Plex

143 S 340th St

29 S 341st Pl

34210 1st Pl S

34218 1st Pl S

34230 1st Pl S

34222 1st Pl S

4988 NE 32nd St

1601 Norpoint Way NE

1605 Norpoint Way NE

5016 W Orchard Glen Ct

1120 Browns Point Blvd NE

North Shore Condominiums

6420 21st Ave NE

6309-6311 7th St NE

The Commons

Bayview Apartment Homes

Norpoint Landing Apartments

Northpoint Ridge Apartments

Rainier Sound View Apartments
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 | $1,625 | $1,150 | $2,505 |
| 98023 2 Bedroom Apartments | $1,947 | $1,365 | $3,210 |
| 98023 3 Bedroom Apartments | $2,480 | $1,800 | $3,844 |
| 98023 4 Bedroom Apartments | $5,500 | $5,500 | $5,500 |
Browse Apartments in the 98023 Zip Code of Federal Way
Explore Federal Way
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, August 03, 2026, there are currently 88 available 98023 apartments priced from $960 to $5,500, with an average monthly rent of $2,043.
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 $2,505 with an average monthly rent of $1,625.
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 $3,210. Today's average rental price for Two Bedrooms here is $1,947.
How expensive are 98023 Three Bedroom Apartments?
There are currently 22 Three Bedroom Apartments listings available in 98023 on ApartmentHomeLiving.com. The pricing ranges from $1,800 to $3,844 - averaging $2,480 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

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.

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.