Steel Lake Plaza Apartments

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2201 S 312th St, Federal Way, WA 98003
(206) 567-7458
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Steel Lake Plaza

2201 S 312th St
Federal Way, WA 98003
(206) 567-7458
Steel Lake Plaza in Federal Way, WA - Building Photo
  • 1–2 Bedrooms
  • $1,750–$1,975Available Unit Pricing
  • 725–874Square Feet

About Steel Lake Plaza

Whether you want to walk over to Steel Lake Park, the Transit Center, or to the Commons Mall, everything is close and convenient to Steel Lake Plaza Apartment Homes. We offer large one and two bedroom apartment homes with a washer & dryer in each home. Our two-bedroom floorplan offers a fireplace and an additional half-bathroom. All homes have a patio/balcony with extra storage and include one assigned parking space in the rent. We have a great play area, and are directly on a bus-line for schools and public transportation. All apartment homes have been updated with new appliances, a dishwasher and forced air heat for energy efficiency. Not to mention we're two minutes away from two I-5 on-ramps, talk about a quick commute! Come Live at Steel Lake Plaza, and enjoy all that Federal Way has to offer at your fingertips!

Steel Lake Plaza is located in the Federal Way Neighborhood and 98003 Zip code of Federal Way, WA. This community is professionally managed by Olympic Management Company

Property Contact Info

Floorplan Pricing and Availability

Steel Lake Plaza offers 1 to 2 Bedroom apartments starting from $1,750 and having 725–874 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    From $1,750

    258 1X1 T

    1 Bed, 1 Bath, 725 sq ftAvailable Feb 15

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,750February 15, 2025258 1X1 T725 sq ft

    Model Amenities and Features

    Features

    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Fireplace
    • Heating
    • Smoke Free
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $1,750 - $1,799
  • 2 Bedrooms

    From $1,900

    258 2X1.5 B

    2 Beds, 1.5 Baths, 874 sq ftAvailable Soon

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,900Available Soon258 2X1.5 B874 sq ft

    Model Amenities and Features

    Features

    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Fireplace
    • Heating
    • Smoke Free
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Price Range

    • $1,900 - $1,975

    $1,975

    258 2X1.5 RENO

    2 Beds, 1.5 Baths, 874 sq ftAvailable Feb 7

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,975February 7, 2025258 2X1.5 RENO874 sq ft

    Model Amenities and Features

    Features

    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Fireplace
    • Heating
    • Smoke Free
    • Tub/Shower
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Price

    • $1,975
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (206) 567-7458 to schedule a tour.

Property Information

Lease Terms

  • 6/9/12

Parking Fees & Info

Parking Surface

  • Assigned Parking. One Assigned Parking Space Per Unit.

Fee & Deposit Info

One-Time Fees

  • $200 Admin Fee
  • $49 Application Fee

Features and Amenities

On-Site Services

  • Recycling
  • 24 Hour Access

Community Features

  • Walk Up

Recreation and Fitness

  • Playground

Interior Features

  • Balcony
  • Tub/Shower
  • Heating
  • Ceiling Fans
  • Fireplace
  • Cable Ready
  • Washer/Dryer
  • Smoke Free

Kitchen Amenities

  • Oven
  • Range
  • Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen
  • Disposal

Living Area Features

  • Walk In Closets
  • Dining Room
  • Vinyl Flooring
  • Carpet
  • Double Pane Windows
  • Window Coverings
  • Hardwood Floors

Outdoor Features

  • Patio

Pet Policy

  • No Pets Allowed
Google Map

Map

2201 S 312th St, Federal Way, WA 98003

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

82 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Steel Lake Plaza

Where is Steel Lake Plaza located?

Steel Lake Plaza is located at 2201 S 312th St near the Federal Way area of Federal Way, WA

What is the current rent range at Steel Lake Plaza?

1 Bedroom to 2 Bedroom Apartments at Steel Lake Plaza currently range from $1,750 to $1,975

When is the leasing office open?

  • The office Hours for Steel Lake Plaza are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.0

    The Steel Lake Plaza Apartments are 12.1% cheaper than the average apartment in the Federal Way area, and 7.4% cheaper than the average apartment city-wide.

    Rent Comparison to the Federal Way Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,750$1,898-$148-7.8%
    2 Bedroom$1,900$2,274-$374-16.4%

    Rent Comparison to the city of Federal Way

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,750$1,780-$30-1.7%
    2 Bedroom$1,900$2,186-$286-13.1%

    Methodology: On 02/05/2025, ApartmentHomeLiving.com compared current rents by floorplan to 677 other apartment communities in the immediate area around Steel Lake Plaza (Federal Way), and 293 other apartment communities in Federal Way using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 02/05/2025

  • Eco-Friendly 4.0

    The Eco-Friendly Lifestyle score highlights how amenities and features at top local communities may support environmentally friendly, clean, and energy efficient living.

    Rating Factors

    This 4.0-star Eco-Friendly rating is based on the following features:

    • Fireplaces
    • Smoke Free Options
    • Recycling
    • Double Pane Windows
    • Patios
Learn more about Lifestyle Search

Renters Reviews and Ratings

3.0
1 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Loud Noise, Garbage Spilled & Dripped on Stairways (Stinks)

    January 25, 2022
    My wife and I lived at the Steel Lake Plaza Apartment for quite sometimes now. We like the old folks that used to live here, love the surrounding communities; the lakes, shopping mall, transit center and nearby grocery stores. However, a newly moved in neighbor across the unit played loud music with strong base at various times; day, nights, weekends, and so early (right before dawn). They stomped as they make their journey up and down the stairs. Very inconsiderate people. Garbage spilled ...
    (chicken/ pork bones) and it’s juice dripped on the stairways. It stinks! Use to have someone stopped by once a month to clean and vacuum the stairways — not anymore. I have communicated the same issues to the property manager 4-5 times already. She told me that she will check with her manager, before taking any legal actions. I know that she has tried, and she sounded very genuine as well. I told her I appreciated her efforts. Otherwise than that the rental price of the properties at Steel Lake Plaza has been increased substantially, but no improvement whatsoever. Not that I’m aware of anyway. I just want to give an honest review of this place. Thanks! Steve
    Read More
    Review from Apartments.com

Nearby Schools

Sacajawea Middle School

Federal Way
1101 South Dash Point Road
Public School - Grades 6-8 (684 Students)
In Attendance Zone3 minute drive / 1.1 miles away
4/10

Federal Way Senior High School

Federal Way
30611 16th Avenue South
Public School - Grades 9-12 (1640 Students)
In Attendance Zone1 minute drive / 0.6 miles away
3/10

Wildwood Elementary School

Federal Way
2405 South 300th Street
Public School - Grades PK-5 (564 Students)
In Attendance Zone2 minute drive / 0.7 miles away
5/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Steel Lake Plaza.

Big Box and Retail

Target
2201 S Commons
1 minute drive / 0.53 miles away
Walgreens
28817 Military Rd S
4 minute drive / 1.62 miles away
Safeway
28810 Military Rd S
4 minute drive / 1.62 miles away

Colleges and Universities

2400 S 240th St
10 minute drive / 4.73 miles away
12401 SE 320th Street
13 minute drive / 6.2 miles away
1900 Commerce St
17 minute drive / 7.95 miles away

Groceries

Safeway
28810 Military Rd S
4 minute drive / 1.62 miles away
Albertson's
4010 A St SE
10 minute drive / 5.07 miles away

Hospitals

St. Francis Community Hospital
34515 9th Avenue South
4 minute drive / 2.02 miles away
Multicare Auburn Medical Center
202 North Division Street Plaza One
8 minute drive / 3.83 miles away
St. Joseph Medical Center
1717 South J Street
17 minute drive / 8.3 miles away

Shopping Centers

31248 Pacific Hwy S
1 minute drive / 0.15 miles away
31414-31260 Pacific Hwy S
1 minute drive / 0.16 miles away
2000-2122 S 314th St
1 minute drive / 0.2 miles away

Steel Lake Plaza has 5 shopping centers within 0.2 miles.

Transit Stations

79 B St SW
8 minute drive / 3.76 miles away
411 1st Ave N
12 minute drive / 5.71 miles away
431 E 25th St
16 minute drive / 7.83 miles away

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $1,199
View Rentals
Studio to 5 Bedroom Apartments from $1,199
View Rentals
Studio to 5 Bedroom Apartments from $1,199
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Federal Way Studio Apartments $1,671$1,334$2,128
Federal Way 1 Bedroom Apartments $1,780$1,199$5,901
Federal Way 2 Bedroom Apartments $2,186$1,299$8,198
Federal Way 3 Bedroom Apartments $2,648$1,643$8,983
Federal Way 4 Bedroom Apartments $2,361$2,122$3,350

Browse Top Apartments in Federal Way

By Price

By Community Type

By Amenities

Viewing: Steel Lake Plaza | Desktop Version | Listing Updated: 02/04/2025 | AHLSLV