Cheap Homes for Rent in Lake Fenwick Neighborhood of Kent, WA from $800 (6 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2500 S 286th Pl

$1,650 - $1,795

2 Bedroom Rentals

Available Now

2500 S 286th Pl

Federal WayWA98003

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Lake Fenwick, Kent, WA Local Guide

Cheapest Available Lake Fenwick Apartments for Rent

 

The cheapest available apartment rental in the Lake Fenwick area of Seattle, WA is a Studio unit found at Red Carpet Apartments priced from $1,325. The BLVD has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Lake Fenwick apartments for rent in Seattle, WA:

Apartment ListingModel NameBed/BathPriced From
Red Carpet ApartmentsStudioStudio,1BA$1,325
The BLVD1 Bedroom 60 Percent AMI1BR,1BA$1,325
Villa Capri1 Bedroom1BR,1BA$1,347

Best Value Apartments for Rent in Lake Fenwick, WA

As of June 23, 2026 the best value apartment in the Lake Fenwick area is the $1.96 price per square foot 2 Bed, 1 Bath A (60% Income Restricted) Model at Mariposa in the in the Woodmont neighborhood starting from $1,799. The second greatest value Lake Fenwick apartment is the 2 Bed 1 Bath Model at Ventana starting at $2,039 with a $2.46 price per square foot in the West Hill North neighborhood. Here is today’s list of the best values for Lake Fenwick apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mariposa2 Bed, 1 Bath A (60% Income Restricted)2BR,1BA$1.96
Ventana2 Bed 1 Bath2BR,1BA$2.46
Signature PointeSpruce1BR,1BA$2.33
Kently Pointe Apartments1 Bed 1 Bath (A)1BR,1BA$2.14
Timber Heights2BR/1.0BA2BR,1BA$2.46
Avana West Hill1 Bed, 1 Bath Renovated1BR,1BA$2.36
Villa Capri1 Bedroom1BR,1BA$2.07
The BLVD1 Bedroom 80 Percent AMI1BR,1BA$2.08
Avana Star LakeA11BR,1BA$2.38
Red Carpet ApartmentsStudioStudio ,1BA$2.30

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Pet Friendly Lifestyle
Lake Fenwick, Kent, WA

Ranked #14

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Lake Fenwick

What type of rentals are currently available in Lake Fenwick?

There are currently 103 Apartments for Rent in Lake Fenwick, WA with pricing that ranges from $1,250 to $3,286. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Fenwick ranging from $800 to $5,500.

What is the current price range for Rental Homes in Lake Fenwick?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Fenwick ranges from $800 to $5,500 with an average monthly rent of $2,997.

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.

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