Cheap Apartments for Rent in Federal Way, WA from $800 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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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Blue Ridge
from $1,5001 Bedroom Apartments Available Now

Blue Ridge

28606 Pacific Hwy SFederal Way, WA 98003
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Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

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

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
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Redondo Heights II
Studio to 3 Bedroom Apartments

Redondo Heights II

1810 South 276th StreetFederal Way, WA 98003
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Redondo Heights I
1 to 3 Bedroom Apartments

Redondo Heights I

27606 Pacific Hwy SFederal Way, WA 98003
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Northview Terrace
2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023
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View West Apartments
1 Bedroom Apartments

View West Apartments

1655-1755 11th AveMilton, WA 98354
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The BLVD
Studio to 2 Bedroom Apartments

The BLVD

2136 S 272nd StKent, WA 98032
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The Landing
1 to 2 Bedroom Apartments

The Landing

5612-5620 23rd St EFife, WA 98424
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Avana West Hill
1 to 3 Bedroom Apartments

Avana West Hill

24849 46th Ave SKent, WA 98032
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Federal Way, WA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Federal Way, WA

Pricing Updated: 03/22/2025

Current apartment rentals in the Federal Way, WA area range in price from $1,215 to $13,705 with an overall median price of $2,491. The three Federal Way neighborhoods with the lowest median rent pricing are Adelaide at $1,243, Redondo at $1,237, and Madrona at $1,356. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Federal Way Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Adelaide$2,306$1,2431168
Redondo$2,348$1,237482
Madrona$2,362$1,3561041
Lakota$2,400$1,2431806
Mirror Lake$2,400$1,2271917
Twin Lakes$2,400$1,3001645
Laurelwood$2,433$1,227791
Marine Hills$2,433$1,2371280
Steel Lake$2,433$1,2271098
Alderbrook$2,673$1,2151705

Cheapest Available Federal Way Apartments for Rent

 

The cheapest available apartment rental in Federal Way, WA is a 1 Bed unit found at Park 16 in the Jovita neighborhood priced from $1,215. Crestview West in the Woodmont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,253. Here is today’s list of the most affordable Federal Way apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park 16Hummingbird1BR,1BA$1,215
Crestview WestStudio 1 Bath S2Studio,1BA$1,253
Redondo Heights I1 Bedroom 1 Bathroom (S.S)1BR,1BA$1,275
View at the Lake I1x11BR,1BA$1,279
Miro1 Bed 1 Bath1BR,1BA$1,322
Terra1x11BR,1BA$1,356
The Park at Fife1x11BR,1BA$1,390
Timber Heights1BR/1.0BA1BR,1BA$1,396
Avana Star LakeA21BR,1BA$1,402

Best Value Apartments for Rent in Federal Way, WA

As of March 22, 2025 the best value apartment in the Federal Way area is the $1.76 price per square foot 3216 S 292nd St Model at 3216 S 292nd St in the in the Woodmont neighborhood starting from $3,449. The second greatest value Federal Way apartment is the 32314 18th Ave SW Model at 32314 18th Ave SW starting at $3,259 with a $1.87 price per square foot in the Alderbrook neighborhood. Here is today’s list of the best values for Federal Way apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3216 S 292nd St3216 S 292nd St4BR,2BA$1.76
32314 18th Ave SW32314 18th Ave SW3BR,2BA$1.87
Enchanted Woods3x2 Lower Floor Premium3BR,2BA$1.86
Evergreen Apartments2x1.5 Douglas2BR,1.5BA$1.95
Pointe East2x12BR,1BA$1.74
Uptown SquareArmstrong1BR,1BA$1.82
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.84
Redondo Heights I1 Bedroom 1 Bathroom (S.S)1BR,1BA$1.78
View at the Lake I1x11BR,1BA$1.83
Park 16Hummingbird1BR,1BA$1.86

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Federal Way Overview

Federal Way, WA is close to Seattle yet maintains its own unique character and charm. This dynamic town is a great place for people who love the great outdoors. You can find apartments in Federal Way that are near parks, botanical gardens, and major highways into the mountains. Meanwhile, if you prefer shopping and culture, downtown areas have a great community that you can become part of.

Why live in Federal Way, WA?

Federal Way is a town on the move. In some ways this is literal, thanks to its parks botanical garden, sports fields, jogging friendly trails, and more. However, this town also gains a dynamic energy from being located in close proximity to Tacoma and Seattle. You're a quick drive from all the attractions and perks of these big cities, including art galleries, museums, and shopping plazas. However, you're also able to come home and relax in an apartment in one of Federal Way's peaceful neighborhoods. This town is also a great 'launching point' to explore the Rocky Mountains, Mt. Ranier National Park, and more.

Best Local Schools in
Federal Way, WA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Federal Way, WA Rentals by Map

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See the most popular apartments and homes in Federal Way, WA

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Getting Around Federal Way, WA

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Federal Way Apartments

What is a cheap apartment in Federal Way?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Federal Way is under $1,402.

What is the price of a cheap apartment in Federal Way?

The cheapest apartment in Federal Way is Park 16 which is listed at $1,215, while the average apartment in Federal Way costs $2,491.

What types of apartments are the cheapest in Federal Way?

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 4,070 regular apartments in Federal Way 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 Federal Way?

Cheap apartments in Federal Way have an average cost of $1,056 which is $1,435 cheaper than the average rent for all rentals in Federal Way.

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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