
Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderbrook area of Federal Way.


Maplewood

Miro

Panther Lake Apartments

Sunset Three Twenty

Cedar Gardens 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

The Fairways
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 | $1,557 | $1,421 | $1,694 |
Alderbrook 1 Bedroom Apartments | $1,800 | $1,215 | $3,484 |
Alderbrook 2 Bedroom Apartments | $2,138 | $1,600 | $4,537 |
Alderbrook 3 Bedroom Apartments | $2,541 | $1,643 | $6,535 |
Alderbrook 4 Bedroom Apartments | $2,397 | $2,396 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 19 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 $1,322. 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 | $1,322 |
Terra | 1x1 | 1BR,1BA | $1,356 |
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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
32314 18th Ave SW | 32314 18th Ave SW | 3BR,2BA | $1.87 |
Arcadia Townhomes | Fairwood | 3BR,2BA | $2.05 |
Pavilion | Bella | 3BR,2BA | $1.99 |
Redondo Ridge | Two Bed | 2BR,1.5BA | $2.07 |
Uptown Square | Armstrong | 1BR,1BA | $1.82 |
Sunset Three Twenty | 1 Bed - 1 Bath (Renovated) | 1BR,1BA | $2.23 |
Crosspointe | One Bedroom One Bath | 1BR,1BA | $2.22 |
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 |
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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 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.

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.

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.

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.