4905 33rd Street Ct NE, Unit Room with walk-in closet
4905 33rd Street Ct NE
TacomaWA98422
Cheap Homes for Rent in Federal Way, WA from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Federal Way.
1433 SW 320th Pl
Federal WayWA98023
36608 32nd Ave S
AuburnWA98001
29409 35th Ave S
AuburnWA98001
510 S 325th St
Federal WayWA98003
28606 16th Ave S
Federal WayWA98003
1825 S 330th St
Federal WayWA98003
24722 45th Ave S, Unit 10D1
24722 45th Ave S
KentWA98032
24722 45th Ave S
KentWA98032
29307 32nd Pl S
AuburnWA98001
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
32710 3rd Pl S
Federal WayWA98003
Showing Results 1-11, Page 1 of 1
Federal Way, WA Local Guide
Dedication of Downtown Flag and Veterans Way by Darel Roa Photography is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Federal Way?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Way 2 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
| Federal Way 3 Bedroom Homes for Rent | $2,852 | $2,200 | $4,150 |
| Federal Way 4 Bedroom Homes for Rent | $3,441 | $2,825 | $4,250 |
| Federal Way 5 Bedroom Homes for Rent | $3,522 | $3,250 | $3,795 |
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Federal Way, WA Local Guide
- Federal Way Neighborhoods
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Cheapest Neighborhoods for Apartments in Federal Way, WA
Pricing Updated: 04/15/2025Current apartment rentals in the Federal Way, WA area range in price from $875 to $4,250 with an overall median price of $3,598. The three Federal Way neighborhoods with the lowest median rent pricing are Marine Hills at $1,895, Mirror Lake at $1,500, and Steel Lake at $2,698. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Federal Way Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Marine Hills | $2,750 | $1,895 | 2 |
| Mirror Lake | $3,180 | $1,500 | 10 |
| Steel Lake | $3,180 | $2,698 | 2 |
| Kitts Corner | $3,515 | $1,695 | 4 |
| Campus Highlands | $3,555 | $3,555 | 1 |
| Madrona | $3,555 | $2,699 | 3 |
| Enchanted Village | $3,562 | $1,695 | 5 |
| Alderbrook | $3,795 | $875 | 16 |
| Lakota | $3,795 | $1,500 | 13 |
| Twin Lakes | $3,795 | $875 | 15 |
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 $1,099. Park 16 in the Jovita neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here is today’s list of the most affordable Federal Way apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Court Senior Affordable Apartments | A01 | 1BR,1BA | $1,099 |
| Park 16 | Hummingbird | 1BR,1BA | $1,215 |
| Terra | Studio | Studio,1BA | $1,218 |
| Crestview West | Studio 1 Bath S2 | Studio,1BA | $1,253 |
| Redondo Heights I | 1 Bedroom 1 Bathroom (S.S) | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Federal Way, WA
As of April 16, 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 2x1.5 Douglas Model at Evergreen Apartments starting at $2,201 with a $1.83 price per square foot in the Jovita neighborhood. Here is today’s list of the best values for Federal Way apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Enchanted Woods | 3x2 Lower Floor Premium | 3BR,2BA | $1.86 |
| Evergreen Apartments | 2x1.5 Douglas | 2BR,1.5BA | $1.83 |
| Glen Park At West Campus | B2 | 2BR,2BA | $1.81 |
| Pointe East | 2x1 | 2BR,1BA | $1.74 |
| Crossroads at Meridian Apartments | Two Bedroom | 2BR,1BA | $1.84 |
| 24431 27th Ave S, Unit 3 | 24431 27th Ave S | 2BR,1BA | $1.92 |
| Kitts Corner | Athens | 1BR,1BA | $1.93 |
| Redondo Heights I | 1 Bedroom 1 Bathroom (S.S) | 1BR,1BA | $1.78 |
| View at the Lake I | 1x1 | 1BR,1BA | $1.83 |
| Park 16 | Hummingbird | 1BR,1BA | $1.86 |
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Frequently Asked Questions about Federal Way
What type of rentals are currently available in Federal Way?
There are currently 264 Apartments for Rent in Federal Way, WA with pricing that ranges from $860 to $11,144. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Way ranging from $875 to $4,250.
What is the current price range for Rental Homes in Federal Way?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Way ranges from $875 to $4,250 with an average monthly rent of $2,840.
How much are larger Three and Four Bedroom Rentals in Federal Way?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Way range from $1,643 to $8,749, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,150. Four Bedroom Single-Family rentals are also available starting from $2,825 and Four Bedroom Apartments start at $2,396.
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.
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.
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.