
Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.


Park 16

Miro

Maplewood

Panther Lake Apartments
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
Alderbrook, Federal Way, WA Local Guide

How much does it cost to rent an apartment in Alderbrook?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alderbrook Studio Apartments | $1,210 | $860 | $1,698 |
Alderbrook 1 Bedroom Apartments | $1,775 | $1,025 | $3,464 |
Alderbrook 2 Bedroom Apartments | $2,083 | $1,220 | $4,031 |
Alderbrook 3 Bedroom Apartments | $2,544 | $1,643 | $6,535 |
Alderbrook 4 Bedroom Apartments | $2,398 | $2,396 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Alderbrook Neighborhood of Federal Way, WA.
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Alderbrook, Federal Way, WA Local Guide
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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 $1,287. Here are the most affordable Alderbrook apartments for rent in Federal Way, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park 16 | Hummingbird | 1BR,1BA | $1,215 |
Miro | 1 Bed 1 Bath | 1BR,1BA | $1,287 |
Terra | 1x1 | 1BR,1BA | $1,360 |
Bayview Apartment Homes | 1 Bed 1 Bath A | 1BR,1BA | $1,460 |
Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Alderbrook, WA
As of March 29, 2025 the best value apartment in the Alderbrook area is the $2.08 price per square foot 32306 18th Ave SW Model at 32306 18th Ave SW in the in the Alderbrook neighborhood starting from $3,199. The second greatest value Alderbrook apartment is the Brierwood Model at Arcadia Townhomes starting at $2,550 with a $1.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
32306 18th Ave SW | 32306 18th Ave SW | 3BR,2BA | $2.08 |
Arcadia Townhomes | Brierwood | 3BR,2.5BA | $1.95 |
Trellis Apartments | Walnut | 3BR,2BA | $2.05 |
Pavilion | Bella | 3BR,2BA | $1.99 |
Glen Park At West Campus | B4 | 2BR,2BA | $1.89 |
Uptown Square | Armstrong | 1BR,1BA | $1.82 |
Panther Lake Apartments | One Bedroom Flat | 1BR,1BA | $2.14 |
Panther Lake Lot 14 | 1X1 | 1BR,1BA | $2.14 |
Park 16 | Hummingbird | 1BR,1BA | $1.86 |
Miro | 1 Bed 1 Bath | 1BR,1BA | $2.17 |
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Pet Friendly LifestyleAlderbrook, Federal Way, WA
Ranked #4
Among neighborhoods in Federal Way, WA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 price of a cheap apartment in Alderbrook?
The cheapest apartment in Alderbrook is Park 16 which is listed at $1,215, while the average apartment in Alderbrook costs $2,673.
What types of apartments are the cheapest in Alderbrook?
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 9 regular apartments in Alderbrook that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Alderbrook?
Cheap apartments in Alderbrook have an average cost of $1,003 which is $1,670 cheaper than the average rent for all rentals in Alderbrook.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.

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.