Cheap Apartments for Rent in the Alderbrook Neighborhood of Federal Way, WA from $800 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

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

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
Park 16Hummingbird1BR,1BA$1,215
Miro1 Bed 1 Bath1BR,1BA$1,287
Terra1x11BR,1BA$1,360
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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
32306 18th Ave SW32306 18th Ave SW3BR,2BA$2.08
Arcadia TownhomesBrierwood3BR,2.5BA$1.95
Trellis ApartmentsWalnut3BR,2BA$2.05
PavilionBella3BR,2BA$1.99
Glen Park At West CampusB42BR,2BA$1.89
Uptown SquareArmstrong1BR,1BA$1.82
Panther Lake ApartmentsOne Bedroom Flat1BR,1BA$2.14
Panther Lake Lot 141X11BR,1BA$2.14
Park 16Hummingbird1BR,1BA$1.86
Miro1 Bed 1 Bath1BR,1BA$2.17

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.