Cheap Apartments for Rent in Federal Way, WA from $800 (25 Rentals)

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Cheap Apartments in Federal Way.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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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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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The Landing
1 to 2 Bedroom Apartments

The Landing

5612-5620 23rd St EFife, WA 98424

Federal Way, WA Local Guide

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Cheapest Neighborhoods for Apartments in Federal Way, WA

Pricing Updated: 05/04/2025

Current apartment rentals in the Federal Way, WA area range in price from $860 to $10,994 with an overall median price of $2,678. The three Federal Way neighborhoods with the lowest median rent pricing are Redondo at $1,192, Laurelwood at $999, and Marine Hills at $999. 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$2,230$1,19235
Laurelwood$2,452$99977
Marine Hills$2,452$99958
Adelaide$2,734$1,19263
Twin Lakes$2,734$1,22088
Alderbrook$2,764$860179
Campus Highlands$2,764$1,220133
Enchanted Village$2,764$1,366156
Kitts Corner$2,764$860172
Madrona$2,764$1,220144

Cheapest Available Federal Way Apartments for Rent

 

The cheapest available apartment rental in Federal Way, WA is a 1 Bed unit found at Meridian Court Senior Affordable Apartments in the Redondo neighborhood priced from $999. Avana Star Lake in the Woodmont neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,192. Here is today’s list of the most affordable Federal Way apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meridian Court Senior Affordable ApartmentsA011BR,1BA$999
Avana Star LakeA11BR,1BA$1,192
Crestview WestStudio 1 Bath S2Studio,1BA$1,253
Redondo Heights I1 Bedroom 1 Bathroom (S.S)1BR,1BA$1,275
Miro1 Bed 1 Bath1BR,1BA$1,355

Best Value Apartments for Rent in Federal Way, WA

As of May 04, 2025 the best value apartment in the Federal Way area is the $1.63 price per square foot B4 Model at Glen Park At West Campus in the in the West Campus neighborhood starting from $1,789. The second greatest value Federal Way apartment is the Plan B Model at Bella Sonoma starting at $1,928 with a $1.91 price per square foot in the Waller 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.
Glen Park At West CampusB42BR,2BA$1.63
Bella SonomaPlan B2BR,1BA$1.91
View at the Lake2x1 TH2BR,1BA$1.55
Campus View2L2BR,1BA$1.75
Pointe East2x12BR,1BA$1.84
Edgewood Heights1 Bedroom1BR,1BA$1.93
Crossroads at Meridian ApartmentsTwo Bedroom2BR,1BA$1.93
24431 27th Ave S, Unit 324431 27th Ave S2BR,1BA$1.92
Mariposa1 Bed, 1 Bath (50% Income Restricted)1BR,1BA$1.82
Redondo Heights I1 Bedroom 1 Bathroom (S.S)1BR,1BA$1.78

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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.

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

Explore Federal Way, WA Rentals by Map

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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

Frequently Asked Questions about Cheap Federal Way Apartments

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

The cheapest apartment in Federal Way is Meridian Court Senior Affordable Apartments which is listed at $999, while the average apartment in Federal Way costs $2,678.

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 898 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 $1,267 which is $1,411 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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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.