
Cheap Apartments for Rent in the Federal Way Neighborhood of Kent, WA from $300 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Federal Way area of Kent.


Tri Court Apartments

Cottonwood

Koz on Market

Koz at the Dome

Tahoma Place

Cove East
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.

Vintage Apartments

Chelsea Apartments

Kensington and Lauriston

New Tacoma Apartments

Harbor View Manor

Conservatory Place Apartments II

435 Fawcett Apartments
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.

View West Apartments

Webster Apartments

Westboro Apartments

Colonial Apartments

Cambridge Apartments

McKinley Terrace Apartments

The Winthrop
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.

Greystone Apartments

Villa Capri

Bay Terrace

The Carlton

Granada Apartments

Pacific Crest Apartments

Lauriston Apartments
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.

Celebration Senior Living

Hillside View
Federal Way, Kent, WA Local Guide

How much does it cost to rent an apartment in Federal Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Way Studio Apartments | $1,326 | $564 | $2,332 |
| Federal Way 1 Bedroom Apartments | $1,738 | $604 | $3,375 |
| Federal Way 2 Bedroom Apartments | $2,125 | $1,195 | $5,832 |
| Federal Way 3 Bedroom Apartments | $2,615 | $1,800 | $5,596 |
| Federal Way 4 Bedroom Apartments | $2,194 | $2,096 | $2,452 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Federal Way Neighborhood of Kent, WA.
See all Apartments in KentExplore Kent
Federal Way, Kent, WA Local Guide
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Cheapest Available Federal Way Apartments for Rent
 The cheapest available apartment rental in the Federal Way area of Kent, WA is a Studio unit found at Koz at the Dome priced from $564. Villa Capri has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here are the most affordable Federal Way apartments for rent in Kent, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Koz at the Dome | Studio | Studio,1BA | $564 |
| Villa Capri | 2 Bedroom | 2BR,1BA | $935 |
| Vintage Apartments | 1x1.A | 1BR,1BA | $1,000 |
| Chelsea Apartments | Studio | Studio,1BA | $1,095 |
| Kensington and Lauriston | Kensington/Lauriston | Studio,1BA | $1,100 |
| Cornus House – Modern Living at the Gateway to Tacoma’s Creative Core | Discover Cornus House: Your New Urban Oasis! | Studio,1BA | $1,125 |
| Moraine | Studio - Income Restriction | Studio,1BA | $1,134 |
| Pinnacle Point | Studio Micro | Studio,1BA | $1,160 |
| Ellis Apartments | Studio - 287 sqft | Studio,1BA | $1,160 |
| Oasis Apartments | 1BR/1.0BA | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Federal Way, WA
As of January 22, 2026 the best value apartment in the Federal Way area is the $1.51 price per square foot 2 Beds, 1.5 baths Model at City View Townhomes in the in the New Tacoma neighborhood starting from $2,395. The second greatest value Federal Way apartment is the 3x2 Upper Floor Premium Model at Enchanted Woods starting at $1,975 with a $1.53 price per square foot in the Jovita neighborhood. Here is today’s list of the best values for Federal Way apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| City View Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $1.51 |
| Enchanted Woods | 3x2 Upper Floor Premium | 3BR,2BA | $1.53 |
| Watermark | Fenwick | 3BR,2BA | $1.82 |
| Pacific Heights | 254 2X2 M | 2BR,2BA | $1.62 |
| Campus View | TH2 | 2BR,1.5BA | $1.83 |
| Uptown Square | Armstrong | 1BR,1BA | $1.76 |
| Cove East | Oak | 2BR,1BA | $1.61 |
| Christine Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
| Terra | 1x1 | 1BR,1BA | $1.76 |
| Koz at the Dome | Studio | Studio ,1BA | $1.72 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals in areas across the United States, including Kent. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Federal Way Apartments
What is a cheap apartment in Federal Way?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Federal Way is under $1,195.
What is the price of a cheap apartment in Federal Way?
The cheapest apartment in Federal Way is Vintage Apartments which is listed at $1,000, while the average apartment in Federal Way costs $2,673.
What types of apartments are the cheapest in Federal Way?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 127 regular apartments in Federal Way that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Federal Way?
Cheap apartments in Federal Way have an average cost of $943 which is $1,730 cheaper than the average rent for all rentals in 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.