
Luxury Homes for Rent in Steel Lake Neighborhood of Federal Way, WA (6 Rentals)
The most luxurious Homes in the Steel Lake area of Federal Way with high-end amenities, features, and finishes.


2806 S 303rd St

29909 21st Ave S
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.

3646 S 292nd Pl

30126 36th Pl S

3216 S 292nd St
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
Steel Lake, Federal Way, WA Local Guide

How much does it cost to rent a home in Steel Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Steel Lake 2 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Steel Lake 3 Bedroom Homes for Rent | $1,799 | $900 | $2,698 |
Steel Lake 4 Bedroom Homes for Rent | $3,180 | $3,180 | $3,180 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Steel Lake Neighborhood of Federal Way, WA.
Explore Federal Way
Steel Lake, Federal Way, WA Local Guide
- Nearby Federal Way neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Frequently Asked Questions about Steel Lake
What type of rentals are currently available in Steel Lake?
There are currently 47 Apartments for Rent in Steel Lake, WA with pricing that ranges from $999 to $3,449. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steel Lake ranging from $900 to $3,180.
What is the current price range for Rental Homes in Steel Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Steel Lake ranges from $900 to $3,180 with an average monthly rent of $2,194.
How much are larger Three and Four Bedroom Rentals in Steel Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Steel Lake range from $2,166 to $2,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,698. Four Bedroom Single-Family rentals are also available starting from $3,180 and Four Bedroom Apartments start at $2,397.
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.

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.

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.

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.