
Cheap Homes for Rent in Laurelwood Neighborhood of Federal Way, WA from $1,700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Laurelwood area of Federal Way.


29307 32nd Pl S

28606 16th Ave S
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Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings
Laurelwood, Federal Way, WA Local Guide

How much does it cost to rent a home in Laurelwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Laurelwood 3 Bedroom Homes for Rent | $2,698 | $2,698 | $2,698 |
Laurelwood 4 Bedroom Homes for Rent | $3,385 | $3,385 | $3,385 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Laurelwood Neighborhood of Federal Way, WA.
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Laurelwood, Federal Way, WA Local Guide
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fountain Lake Townhomes | Cedar | 3BR,2BA | $2.01 |
Brookside Village | 2x2_1014 | 2BR,2BA | $2.24 |
Uptown Square | Bolden | 1BR,1BA | $1.95 |
Blue Ridge | 1BR/1.0BA | 1BR,1BA | $2.04 |
Watermark | Kitsap | 1BR,1BA | $2.20 |
Kently Pointe Apartments | 1 Bed 1 Bath (A) | 1BR,1BA | $2.08 |
Brookhaven Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.53 |
Avana Star Lake | A2R | 1BR,1BA | $2.48 |
Traditions at Federal Way | 1x1 | 1BR,1BA | $2.74 |
Meridian Court Senior Affordable Apartments | A01 | 1BR,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.

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.