Cheap Homes for Rent in Laurelwood Neighborhood of Federal Way, WA from $1,700 (3 Rentals)

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

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Laurelwood, Federal Way, WA Local Guide

Best Value Apartments for Rent in Laurelwood, WA

As of April 08, 2025 the best value apartment in the Laurelwood area is the $2.01 price per square foot Cedar Model at Fountain Lake Townhomes in the in the Meredith neighborhood starting from $2,650. The second greatest value Laurelwood apartment is the 2x2_1014 Model at Brookside Village starting at $2,275 with a $2.24 price per square foot in the Woodmont neighborhood. Here is today’s list of the best values for Laurelwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Lake TownhomesCedar3BR,2BA$2.01
Brookside Village2x2_10142BR,2BA$2.24
Uptown SquareBolden1BR,1BA$1.95
Blue Ridge1BR/1.0BA1BR,1BA$2.04
WatermarkKitsap1BR,1BA$2.20
Kently Pointe Apartments1 Bed 1 Bath (A)1BR,1BA$2.08
Brookhaven Apartments1 Bedroom 1 Bath1BR,1BA$2.53
Avana Star LakeA2R1BR,1BA$2.48
Traditions at Federal Way1x11BR,1BA$2.74
Meridian Court Senior Affordable ApartmentsA011BR,1BA$2.55

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Frequently Asked Questions about Laurelwood

What type of rentals are currently available in Laurelwood?

There are currently 42 Apartments for Rent in Laurelwood, WA with pricing that ranges from $1,099 to $8,005. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laurelwood ranging from $1,700 to $3,385.

What is the current price range for Rental Homes in Laurelwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Laurelwood ranges from $1,700 to $3,385 with an average monthly rent of $2,677.

How much are larger Three and Four Bedroom Rentals in Laurelwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Laurelwood range from $2,171 to $8,005, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,698 to $2,698. Four Bedroom Single-Family rentals are also available starting from $3,385 and Four Bedroom Apartments start at $2,400.

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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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.

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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.

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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.

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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.