Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (19 Rentals)

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

Seattle's Best Affordable Neighborhoods

Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings

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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

32930 1st Ave SFederal Way, WA 98023
  • Utilities Included
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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
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Northview Terrace
2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023

Alderbrook, Federal Way, WA Local Guide

Cheapest Available Alderbrook Apartments for Rent

 

The cheapest available apartment rental in the Alderbrook area of Federal Way, WA is a 1 Bed unit found at Park 16 priced from $1,215. Miro has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,322. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:

Apartment ListingModel NameBed/BathPriced From
Park 16Hummingbird1BR,1BA$1,215
Miro1 Bed 1 Bath1BR,1BA$1,322
Terra1x11BR,1BA$1,356
Bayview Apartment Homes1 Bed 1 Bath A1BR,1BA$1,460
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$1,495

Best Value Apartments for Rent in Alderbrook, WA

As of March 22, 2025 the best value apartment in the Alderbrook area is the $1.87 price per square foot 32314 18th Ave SW Model at 32314 18th Ave SW in the in the Alderbrook neighborhood starting from $3,259. The second greatest value Alderbrook apartment is the Fairwood Model at Arcadia Townhomes starting at $2,350 with a $2.05 price per square foot in the Alderbrook neighborhood. Here is today’s list of the best values for Alderbrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
32314 18th Ave SW32314 18th Ave SW3BR,2BA$1.87
Arcadia TownhomesFairwood3BR,2BA$2.05
PavilionBella3BR,2BA$1.99
Redondo RidgeTwo Bed2BR,1.5BA$2.07
Uptown SquareArmstrong1BR,1BA$1.82
Sunset Three Twenty1 Bed - 1 Bath (Renovated)1BR,1BA$2.23
CrosspointeOne Bedroom One Bath1BR,1BA$2.22
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$2.14
Panther Lake Lot 141X11BR,1BA$2.14
Park 16Hummingbird1BR,1BA$1.86

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Pet Friendly Lifestyle
Alderbrook, Federal Way, WA

Ranked #4

Among neighborhoods in Federal Way, WA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Washington and customized analysis for Central Federal Way, WA. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Alderbrook Apartments

What is the Cheapest Studio apartment in Alderbrook?

Currently the most affordable Cheap Studio Apartment in Alderbrook is at Terra listed at $1,421.

How much is rent for a Cheap One Bedroom Alderbrook Apartment?

The lowest price for a Cheap One Bedroom Alderbrook Apartment is $1,215 at Park 16.

What is the lowest price for a Cheap Two Bedroom Alderbrook Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alderbrook is starting from $1,625 at Panther Lake Apartments.

What is the most affordable Alderbrook Three Bedroom Apartment?

The best deal on a cheap Alderbrook Three Bedroom Apartment rental is at Park 16 and starts from $1,643.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.