Cheap Homes for Rent in Federal Way Neighborhood of Kent, WA from $700 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in the Federal Way area of Kent.

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Showing Results 1-27, Page 1 of 1

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 $978. Here are the most affordable Federal Way apartments for rent in Kent, WA:

Apartment ListingModel NameBed/BathPriced From
Koz at the DomeStudioStudio,1BA$564
Villa Capri2 Bedroom2BR,1BA$978
Vintage Apartments1x1.A1BR,1BA$1,000
Traditions at Federal Way Senior Living1 Bedroom, 1 Bathroom1BR,1BA$1,050
Kensington and LauristonKensington/LauristonStudio,1BA$1,075
Chelsea ApartmentsStudioStudio,1BA$1,095
MoraineStudio - Income RestrictionStudio,1BA$1,125
Cornus House – Modern Living at the Gateway to Tacoma’s Creative CoreDiscover Cornus House: Your New Urban Oasis!Studio,1BA$1,125
Pinnacle PointStudio MicroStudio,1BA$1,160
Ellis ApartmentsStudio - 287 sqftStudio,1BA$1,160

Best Value Apartments for Rent in Federal Way, WA

As of January 27, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
City View Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.51
Enchanted Woods3x2 Upper Floor Premium3BR,2BA$1.53
Pacific Heights254 2X2 M2BR,2BA$1.62
WatermarkBonney2BR,2BA$1.83
Uptown SquareArmstrong1BR,1BA$1.76
Cove EastOak2BR,1BA$1.61
Christine Apartments2BR/1.0BA2BR,1BA$1.84
Terra1x11BR,1BA$1.71
Traditions at Federal Way Senior Living1 Bedroom, 1 Bathroom1BR,1BA$1.70
Koz at the DomeStudioStudio ,1BA$1.72

Frequently Asked Questions about Federal Way

What type of rentals are currently available in Federal Way?

There are currently 454 Apartments for Rent in Federal Way, WA with pricing that ranges from $564 to $7,811. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Way ranging from $775 to $4,500.

What is the current price range for Rental Homes in Federal Way?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Way ranges from $775 to $4,500 with an average monthly rent of $2,392.

How much are larger Three and Four Bedroom Rentals in Federal Way?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Way range from $1,800 to $5,040, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,499 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,096.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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.