
Cheap Apartments for Rent in Woodway, WA from $1,000 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Woodway.


Compass Apartments

9010 236th St SW

The Village at Westgate

Brackett Apartments
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.
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.
Woodway, WA Local Guide

How much does it cost to rent an apartment in Woodway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Woodway Studio Apartments | $1,448 | $1,375 | $1,595 |
| Woodway 1 Bedroom Apartments | $1,798 | $1,500 | $2,395 |
| Woodway 2 Bedroom Apartments | $2,522 | $1,795 | $3,100 |
| Woodway 3 Bedroom Apartments | $3,331 | $3,060 | $3,467 |
Browse Top Apartments in Woodway
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Woodway, WA Local Guide
- Woodway Neighborhoods
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Cheapest Neighborhoods for Apartments in Woodway, WA
Pricing Updated: 12/28/2025Current apartment rentals in the Woodway, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Woodway Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Woodway Park | $3,060 | $1,199 | 140 |
Cheapest Available Woodway Apartments for Rent and Nearby
 The cheapest available apartment rental in Woodway, WA is a Studio unit found at Highland Lofts Apartments in the Lake Ballinger neighborhood priced from $1,375. Compass Apartments in the Downtown Edmonds neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Woodway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Lofts Apartments | STUDIO | Studio,1BA | $1,375 |
| Compass Apartments | The Waldron, The Decatur and The Sucia | 1BR,1BA | $1,500 |
| Brackett Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,700 |
| EDMONDS HIGHLANDS | Two Bedroom Two Bath | 2BR,2BA | $2,018 |
Best Value Apartments for Rent in Woodway, WA and Nearby
As of December 29, 2025 the best value apartment in the Woodway area is the $2.45 price per square foot 303 Edmonds St Model at 303 Edmonds St, Unit 302 in the in the Downtown Edmonds neighborhood starting from $3,100. The second greatest value Woodway apartment is the Two Bedroom Two Bath Model at EDMONDS HIGHLANDS starting at $2,018 with a $1.86 price per square foot in the Downtown Edmonds neighborhood. Here is today’s list of the best values for Woodway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 303 Edmonds St, Unit 302 | 303 Edmonds St | 2BR,2BA | $2.45 |
| EDMONDS HIGHLANDS | Two Bedroom Two Bath | 2BR,2BA | $1.86 |
| Highland Lofts Apartments | STUDIO | Studio ,1BA | $2.63 |
| Brackett Apartments | 1 Bed 1 Bath A | 1BR,1BA | $3.30 |
| Compass Apartments | The Matia | 1BR,1BA | $2.99 |
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?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Woodway, WA Rentals by Map
See the most popular apartments and homes in Woodway, WA
Frequently Asked Questions about Cheap Woodway Apartments
What is the price of a cheap apartment in Woodway?
The cheapest apartment in Woodway is Compass Apartments which is listed at $1,500, while the average apartment in Woodway costs $3,060.
What types of apartments are the cheapest in Woodway?
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 10 regular apartments in Woodway that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






