Cheap Apartments for Rent in Federal Way, WA from $800 (53 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 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

close
View Me
Westboro Apartments
1 to 3 Bedroom Apartments

Westboro Apartments

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

Parkway Apartments

2206 SW 334th PlFederal Way, WA 98023
Utilities inc.
close
View Me
Redondo Heights I
1 to 3 Bedroom Apartments

Redondo Heights I

27606 Pacific Hwy SFederal Way, WA 98003
close
View Me
Redondo Heights II
1 to 3 Bedroom Apartments

Redondo Heights II

1810 South 276th StreetFederal Way, WA 98003
close
View Me
Northview Terrace
2 Bedroom Apartments

Northview Terrace

1412 SW 312th StFederal Way, WA 98023
close
View Me
The Commons
1 to 2 Bedroom Apartments

The Commons

190 S 334 StFederal Way, WA 98003
close
View Me
View West Apartments
1 Bedroom Apartments

View West Apartments

1655-1755 11th AveMilton, WA 98354
Utilities inc.
close
View Me
The BLVD
Studio to 2 Bedroom Apartments

The BLVD

2136 S 272nd StKent, WA 98032
Utilities inc.

Federal Way, WA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Federal Way, WA

Pricing Updated: 02/26/2025

Current apartment rentals in the Federal Way, WA area range in price from $1,215 to $13,208 with an overall median price of $2,383. The three Federal Way neighborhoods with the lowest median rent pricing are Redondo at $1,237, Adelaide at $1,420, and Alderbrook at $1,215. 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
Redondo$2,307$1,237410
Adelaide$2,340$1,4201168
Alderbrook$2,353$1,2151723
Kitts Corner$2,353$1,2151128
Lakota$2,353$1,2251661
Laurelwood$2,353$1,237512
Marine Hills$2,353$1,237265
Mirror Lake$2,353$1,2371949
Steel Lake$2,353$1,250622
West Campus$2,353$1,2571000

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 $1,260. 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$1,260
Redondo Heights I1 Bedroom 1 Bathroom (S.S)1BR,1BA$1,275
Redondo Heights II1 Bedroom 1 Bathroom1BR,1BA$1,354
The Park at Fife1x11BR,1BA$1,390
Timber Heights1BR/1.0BA1BR,1BA$1,396
Miro1 Bed 1 Bath1BR,1BA$1,420
ReVive Apartments1 Bed 1 Bath1BR,1BA$1,425
Meridian Court Senior Affordable ApartmentsB12BR,1BA$1,450

Best Value Apartments for Rent in Federal Way, WA

As of February 26, 2025 the best value apartment in the Federal Way area is the $1.86 price per square foot 3x2 Lower Floor Premium Model at Enchanted Woods in the in the Jovita neighborhood starting from $2,275. The second greatest value Federal Way apartment is the 3 Bed 2 Bath Model at The Lodge at Peasley Canyon starting at $2,350 with a $1.99 price per square foot in the Redondo 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.
Enchanted Woods3x2 Lower Floor Premium3BR,2BA$1.86
The Lodge at Peasley Canyon3 Bed 2 Bath3BR,2BA$1.99
View at the Lake I2x1 TH2BR,1BA$1.55
Traditions at Federal Way2x12BR,1BA$2.03
Redondo Heights I2 Bedroom 1 Bathroom (S.S)2BR,1BA$1.84
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.84
Cedar Gardens Apartments2BR/1.0BA2BR,1BA$2.04
Arbor Woods ApartmentsClasic 2 bedroom2BR,1BA$2.03
Pacific Heights254 1X1 T1BR,1BA$1.97
Park 16Hummingbird1BR,1BA$1.86

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

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.

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

Explore Federal Way, WA Rentals by Map

View MapFederal Way, WA Apartments MapView MapFederal Way, WA Rental Homes Map

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

Frequently Asked Questions about Cheap Federal Way Apartments

What is the Cheapest Studio apartment in Federal Way?

Currently the most affordable Cheap Studio Apartment in Federal Way is at Crestview West listed at $1,260.

How much is rent for a Cheap One Bedroom Federal Way Apartment?

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Federal Way is starting from $1,450 at Meridian Court Senior Affordable Apartments.

What is the most affordable Federal Way Three Bedroom Apartment?

The best deal on a cheap Federal Way 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.

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 What to Know About Fees and Fines When Renting article

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.

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.