Federal Way Apartments for Rent
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Popular Federal Way Apartments
The Reserve
Federal Way, Washington, 98023
3 Bedrooms$999 - $1,199
2 Bedrooms$799 - $849
1 Bedroom$699 - $749
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Federal Way Apartments Info
Find Apartments in Federal Way, Washington
Federal Way apartments are available in a wide variety of different neighborhoods and surrounding cities. You can easily find pet friendly apartments in Federal Way using our apartment finder or search for apartment amenities like a fitness center, swimming pool or off-street parking. Make sure that you check out our apartment guide to discover all that Federal Way has to offer during your rental apartment search.
Before you get started looking for apartments in Federal Way, check our apartment guide, which has great advice on finding and renting apartments in Federal Way. The MyNewPlace apartment guide features articles on how to most effectively rent apartments, tips for apartment searches, how to find affordable Federal Way apartments for rent, questions to ask the landlord of your rental apartment, and how to make sure your apartment rental is right for you.
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Federal Way Apartment Rental Market
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Household Income
Household Income City State City Compared to State Less than $10,000 6.4% 7.6% -1.2% $10,000 to $14,999 3.6% 5.5% -1.9% $15,000 to $19,999 4.7% 5.6% -0.9% $20,000 to $24,999 5.9% 6.1% -0.2% $25,000 to $29,999 6.8% 6.2% +0.6% $30,000 to $34,999 5.2% 6.3% -1.1% $35,000 to $39,999 6.0% 6.0% +0.0% $40,000 to $44,999 6.6% 5.8% +0.8% $45,000 to $49,999 5.6% 5.3% +0.3% $50,000 to $59,999 11.0% 9.7% +1.3% $60,000 to $74,999 13.1% 11.7% +1.4% $75,000 to $99,999 12.4% 11.6% +0.8% $100,000 to $124,999 6.0% 5.7% +0.3% $125,000 to $149,999 2.7% 2.6% +0.1% $150,000 to $199,999 2.2% 2.1% +0.1% $200,000 or more 1.8% 2.2% -0.4% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 3.9% 4.8% -0.9% 10.0% to 14.9% 10.8% 10.3% +0.5% 15.0% to 19.9% 16.0% 14.5% +1.5% 20.0% to 24.9% 14.6% 13.9% +0.7% 25.0% to 29.9% 11.9% 11.5% +0.4% 30.0% to 34.9% 9.5% 8.3% +1.2% 35.0% to 39.9% 5.2% 5.7% -0.5% 40.0% to 49.9% 7.9% 7.2% +0.7% 50.0% or more 17.2% 17.8% -0.6% Not computed 3.1% 5.9% -2.8% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 15.0% 14.4% +0.6% 25 to 34 years 32.3% 29.1% +3.2% 35 to 44 years 24.2% 22.8% +1.4% 45 to 54 years 14.3% 14.8% -0.5% 55 to 64 years 6.3% 7.2% -0.9% 65 to 74 years 3.8% 4.6% -0.8% 75 to 84 years 2.9% 4.5% -1.6% 85 years and over 1.2% 2.5% -1.3% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 25.5% 35.4% -9.9% 30 to 44 minutes 28.6% 24.8% +3.8% 45 to 59 minutes 18.0% 13.3% +4.7% 60 or more minutes 27.9% 26.5% +1.4%
Source: 2000 Census
Federal Way, Washington
Federal Way is a city located halfway between Seattle and Tacoma and has a population of just over 88,000 people. Federal Way is a relatively new city, and was only incorporated in 1990. The city is home to Weyerhaeuser, one of the largest timber owners in the world. The upside to this is that the company has made its vast landing holdings available for public use in the form of botanical gardens and extensive parks.You'll find when you start your Federal Way apartment search that there are many multi-structured buildings which are beautifully landscaped.
Celebrate!
Celebration Park is one of the biggest park areas, and it has many trails and facilities. Aside form Weyerhaeuser's contributions, Federal Way has also developed and built a number of lake front and neighborhood parks and recreational areas. The Wild Waves theme park is very popular and is a major attraction for tourists as well as locals. There is a Symphony Tower in the works which will bring classical music to Kent.
Authentic Asian Barbeque
Get ready for fantastic Asian cuisines in Federal Way. Between the large number of Thai, Chinese, Korean and Japanese restaurants, you may never want a burger again.Kokiri for Korean gets the highest rankings of any restaurant in town and is fantastic for its authentic Korean barbeque and great service. Check out Koharu for incredible sushi and Grand Peking for its special duck. La Casa Bella offers superb Italian cooking and if it is the burger you crave, get yourself over to Jimmy Mac's Roadhouse. Your Federal Way apartment won't be far from good restaurants, and it will be fun to find your new favorites.
Sports Pubs
For nights out, try out the Scoreboard Pub which is a full service sports bar and restaurant. The people are so friendly that it may become a favorite. The Shindig Martini Bar is a good gathering place as well. Both Tacoma and Seattle have a number of dance clubs, night clubs and dive bars so you'll want to try those out as well.
Your Federal Way apartment will offer a great lifestyle!
Average Apartment Rent in Federal Way, Washington
| # Bedrooms | Jun | May | Apr | 3 Month % change |
|---|---|---|---|---|
| Studio | $590 | $590 | $590 | 0% |
| 1 Bed | $740 | $756 | $761 | -2.8% |
| 2 Bed | $866 | $877 | $855 | 1.3% |
| 3 Bed | $1,121 | $1,096 | $1,090 | 2.8% |
See how Home Rentals compare in Federal Way
Federal Way Apartment Rental Trends
Apartments in Federal Way have competitive rents so be sure to use our apartment finder to get the best deal. In April the average rent for a 1 Bedroom Federal Way apartment cost $761. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Federal Way apartment was $855 in April. The average apartment rent for a 3 bedroom apartment in April was $1,090. Start your apartment search by checking out some of the Federal Way rentals listed below.Featured Federal Way Apartments for Rent
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Silver Shadow Apartments
Federal Way, WA 98003
Welcome to Silver Shadow. Look no further. We've got what you're looking for in a new apartment home. Comfort, convenience, value, and service, they're all here for you at Silver Shadow. Choose from a variety of floor plans, 1, 2 & 3 bedroom homes, with living spaces designed to please. You'll love the convenience of your own washer/dryer and large walk-in closets. How's chilling out in front a cozy fireplace, with your trusty pet at your side, sound? Yep, small dogs and cats are cool here. Like working out? There's a gym, pool, spa and sauna (good for loungers, too), with your name on it. Well, maybe not your actual name, but I think you get the point. This is the place to live. Come see for yourself. Stop by, give us a call, or send in our online guest card, to get more info and to schedule and appointment for your private tour. Our super service-oriented, bilingual staff is waiting to welcome you.
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Rainier Meadows Apartments
Federal Way, WA 98003
At Rainier Meadows Apartment Homes you won't be just another number on a door, you'll be a valued member of our neighborhood!! We know that searching for the right home is tiring, that's why we do our best to put your needs first and find you your place of comfort and relaxation. Our newly renovated one and two bedroom apartment homes have all that and more for you! Each lovely, newly renovated apartment home has a variety of features to help make your life easier. We feature full-size washer and dryer; new, top-quality appliances-including a dishwasher and self-cleaning oven; new carpet and wood-grain vinyl; a sophisticated, two-toned, color scheme; track lighting in the kitchen; ceiling fan; and so much more! Our apartment community also has many amenities that will make your day more convenient. We offer you a 24-hour fitness center; tanning bed; heated, seasonal, outdoor swimming pool; fun little playground; and courtyard, among many other wonderful amenities. You will find comfort in calling Rainier Meadows home!! With the perfect balance of convenience, great location, and a neighborhood setting, what's not to love?! We are located just minutes to all of the excitement of downtown Federal Way, Redondo Beach, and all of the other places that you work, shop, travel, and play. "WELCOME HOME" to Rainier Meadows Apartment Homes!!!
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The Lodge At Peasley Canyon
Federal Way, WA 98001
Resort living naturally... Where you want to be. Drive through the gated entrance and suddenly you're a world apart from where you've been. The Lodge at Peasley Canyon is all about adding balance to your life. Integrate fitness and fun into your day with The Lodge's impressive recreation. Terrific I-5 access gets you on the road fast. Sea-Tac Airport. Seattle and Tacoma are all just minutes away. The lodge at Peasley Canyon puts you where you want to be.
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The Cove
Federal Way, WA 98023
THE ULTIMATE ENCHANTED WONDERLAND! Enter The Cove and experience the lush gardens, grand fountains and wandering waterways. A living environment that transcends the ordinary and one that provides you with an unparalleled living experience. Peaceful and relaxing, you will feel at home in the secluded paradise of The Cove. Life just got a little easier. Click on the Reserve Now link under Availability to rent your apartment online.
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Glen Park
Federal Way, WA 98023
Discover yourself at Glen Park. This unique community features a wide variety of floor plans including 1, 2 and 3 bedroom flats, lofts and townhomes, allowing you to select the home that fits you best. Each home features spacious living areas, fireplaces, extra storage space and in-home washers and dryers. As a Glen Park resident, you'll have access to an array of amenities to keep you active including; an indoor pool, spa, business center and fully-equipped fitness center. Glen Park's fantastic location is near a wide variety of shopping and dining. Discover yourself and everything Glen Park has to offer. *Restrictions apply. Upon approval. Under New Management.
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The Park At Dashpoint
Federal Way, WA 98023
The Park at Dashpoint is nestled between the affluent Twin Lakes neighborhood and Dashpoint State Park. You will be surrounded by tree lines and many apartment homes are graced with beautiful woodland views. You can also walk along a trail through adjacent Dash Point State Park. Then come back home and spend your evenings working out at our sports court and fitness center, relaxing at our clubhouse with Wi-Fi internet, or cozying up on your private balcony or infront of your fireplace. Our community is animal friendly, providing pet stations throughout and accepting dogs up to 60 lbs. We are close to your daily conveniences such as Twin Lakes Elementary School and Twin Lakes Golf and Country Club.We are located right off of Hwy 509 and a five-mile drive to I-5, just 15 minutes to downtown Tacoma or Puyallup, 20 minutes from Seattle, and within walking distance to bus lines and the Federal Way Transit Center.
Rent Apartments near Federal Way, Washington
Check out these great communities and cities near Federal Way for apartments for rent:
- Bellevue Apartments
- Bothell Apartments
- Everett Apartments
- Kent Apartments
- Olympia Apartments
- Puyallup Apartments
- Renton Apartments
- Seattle Apartments
- Shoreline Apartments
- Tacoma Apartments
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