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Apartments for Rent in 98023, WA

162 Rentals Available
  • 58
    Rent Specials
    Kitchen with brown cabinets and black appliances at Arcadia Townhomes, Federal Way, WA Gorgeous Bedroom at Arcadia Townhomes, Federal Way, 98023
    Today

    1300 SW Campus Drive, Federal Way, WA 98023
    12 Units available
    2 BEDS $2,250+
    3 BEDS $2,650+
    Kitchen with brown cabinets and black appliances at Arcadia Townhomes, Federal Way, WA Gorgeous Bedroom at Arcadia Townhomes, Federal Way, 98023 Indoor Jacuzzi at Arcadia Townhomes, Washington Fitness Center With Modern Equipment at Arcadia Townhomes, Federal Way, 98023
    Overview

    Arcadia Townhomes in Federal Way, WA Introducing Arcadia Townhomes, a modern community for those who enjoy city life but prefer living just outside the hustle and bustle. Challenging the boundaries between urban and suburban living, our townhomes in Federal Way, WA offer city-like excitement in a resort-inspired setting. Were perfectly located between Tacoma and Seattle and provide a spacious environment where you can live, connect, and thrive. Explore every nook and cranny of our community. We have a sparkling pool enclosed by cozy lounges, a relaxing hot tub, as well as lushly landscaped surroundings. Work out at the fully-equipped fitness center, grill some tasty BBQ and enjoy it by the picnic area, or take a well-deserved break at the media room. We also offer short-term leases, night patrol, and access to covered parking, a playground, and a dog park for added convenience. (+ view more) Embrace trendy urban living inside our Federal Way townhomes. Our spacious two and three-bedroom layouts are adorned with cozy fireplaces, with select units also featuring wood-style floorings and full-size washer/dryer sets. Enter the gourmet kitchen and let your inner chef shineyou have everything from stainless-steel appliances and granite breakfast bars to beautiful cabinetry there. Elegant patios or balconies, along with large closets, are also part of the deal. The greatest perk is our excellent location. Were set right off of SW Campus Drive, just minutes away from giants like Google and Amazon or popular landmarks including Emerald Down, Century Federal Way, and Muckleshoot Casino Resort. Apply online today to claim one of our townhomes for rent in Federal Way!

    Amenities
    • Dishwasher
    • Pool
    • Patio/Balcony
    • Garage
  • a living room with a couch and a fireplace
    103
    Today

    1901 SW 320Th St, Federal Way, WA 98023
    1 BED $1,494+
    2 BEDS $1,683+
    3 BEDS Ask for Pricing
  • a living room with a fireplace and a couch
    50
    5 days ago

    31912 3Rd Lane SW, Federal Way, WA 98023
    1 BED $1,598+
    2 BEDS $1,769+
    3 BEDS $2,600+
  • a living room filled with furniture and a spiral staircase
    40
    5 days ago

    33131 1St Avenue SW, Federal Way, WA 98023
    1 BED $1,645+
    2 BEDS $1,970+
  • an open living room with a blue couch and a table
    62
    Today

    2111 SW 3Nd St, Federal Way, WA 98023
    STUDIO Ask for Pricing
    1 BED $1,249+
    2 BEDS $1,654+
  • a living room with a couch and a fireplace
    16
    Today

    35434 25Th Avenue SW, Federal Way, WA 98023
    2 BEDS $1,899+
    3 BEDS Ask for Pricing
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  • a living room with a blue couch and a table
    5
    Today

    34816 1St Ave S, Federal Way, WA 98003
    STUDIO $1,850+
    1 BED $1,899+
    2 BEDS $2,754+
  • A black car is parked in a parking lot in front of a building.
    Today

    3300 Southwest 320Th Street, Federal Way, WA 98023
    STUDIO Ask for Pricing
  • A living room with a fireplace, couch, and a painting on the wall.
    Today

    125 SW Campus Drive, Federal Way, WA 98023
    1 BED $1,449+
    2 BEDS $1,638+
    3 BEDS $2,279+
  • A kitchen with a white stove and wooden cabinets.
    6
    Today

    31736 50Th Lane S.W., Federal Way, WA 98023
    1 BED $1,525
    2 BEDS $1,650+
    3 BEDS $2,158+
  • 3004 SW 325Th Pl 4 Beds Apartment for Rent
    Today

    3004 SW 325Th Pl, Federal Way, WA 98023
    4 BEDS $3,350
  • a white house with a driveway and a white garage door
    44
    Today

    2750 SW 312Th Pl, Federal Way, WA 98023
    4 BEDS $2,650
  • Interactive banner rent
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  • A kitchen with black cabinets and a white countertop is available.
    Today

    32902 26Th Place Southwest, Federal Way, WA 98023
    2 BEDS $2,150
  • A modern kitchen with white cabinets and a large island is available for rent.
    Today

    35426 18Th Ave SW, Federal Way, WA 98023
    3 BEDS $3,300

  • More Rentals Near 98023, WA

  • A living room with a fireplace and a television on the wall.
    Today

    190 S. 334Th Street, Federal Way, WA 98003
    1 BED $1,396+
    2 BEDS $1,628+
  • A living room with a white couch and a wooden coffee table.
    55
    Today

    30911 1St Avenue S, Federal Way, WA 98003
    STUDIO Ask for Pricing
    1 BED $1,640
    2 BEDS $1,799+
  • 33530 1St Way S Suite 201 Studio Apartment for Rent

    33530 1St Way S Suite 201, Federal Way, WA 98003
  • 33530 1St Way S Suite 201 Studio Apartment for Rent

    33530 1St Way S Suite 201, Federal Way, WA 98003
  • Interactive banner bedroom
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    looking for?
  • A kitchen with wooden cabinets and a black oven.
    Today

    1603 Norpoint Way Northeast, Tacoma, WA 98422
    2 BEDS $2,750
  • a kitchen with white counter tops and stainless steel appliances
    31
    Today

    2802 61St Ave. NE, Tacoma, WA 98422
    STUDIO $1,495+
    1 BED $1,800+
    2 BEDS $2,085+
  • A kitchen with a white refrigerator and a sink with a granite countertop.
    5
    Today

    32205 11Th Pl S, Federal Way, WA 98003
    1 BED $1,250+
    2 BEDS $1,500+
  • a living room with couches and a coffee table
    83
    Today

    1066 S 320Th Street, Federal Way, WA 98003
    Income Restricted
    1 BED $1,588
    2 BEDS $1,891
    3 BEDS $2,171
  • a living room with a fireplace and a tv
    83
    Today

    1201 S 336Th Street, Federal Way, WA 98003
    Income Restricted
    1 BED $1,583
    2 BEDS $1,717+
    3 BEDS $2,166
  • A stone wall with a plaque that reads 1405 Apartments.
    Today

    1405 S 308Th St, Federal Way, WA 98003
    2 BEDS $1,995
  • an apartment building on a hill with a street in front of it
    35
    Today

    Unit 401, Federal Way, WA 98003
    1 BED $1,100
14-11-zipcode
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98023 rent trends

Rental prices in 98023 have decreased by 4.25% over the past year. The average rent moved from $1,965 to $1,881.

Average rent in 98023

$1,881/mo 98023 average rental price, September 2025
Image Average Rent

    What's the typical rent budget in 98023?

    The largest share of rentals in 98023 (53%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 98023, WA

    34 /100
    Car-Dependent
    32 /100
    Some Transit
    28 /100
    Somewhat Bikeable
    Walk Score®: 34, Transit Score®: 32, Bike Score®: 28

    Frequently asked questions

    When were prices and availability in 98023 last updated?

    Prices and availability in 98023 were last updated on 17 Nov 2025.

    What are the best apartments in 98023?

    The best apartments in 98023 are: Arcadia Townhomes, Sunset Three Twenty, The Ridge and The Shores, The Cove and Terra.

    What is the average rent in 98023?

    The average rent in 98023 is $1,939.

    What is the price range for a studio apartment in 98023?

    The price range for a studio apartment in 98023 is between $1,249 and $2,472.

    What is the price range for a 1-bedroom apartment in 98023?

    The price range for a 1-bedroom apartment in 98023 is between $1,249 and $2,100.

    What is the price range for a 2-bedroom apartment in 98023?

    The price range for a 2-bedroom apartment in 98023 is between $1,638 and $3,210.

    What is the price range for a 3-bedroom apartment in 98023?

    The price range for a 3-bedroom apartment in 98023 is between $1,494 and $3,300.

    What type of rental buildings are in 98023?

    In 98023, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of 98023’s rentals, 69% are small-scale complexes with under 50 units, and 23% are single-family rentals.

    98023 demographics

    • 49,593Total Population
    • 24,510 Female
      25,083 Male
    • 38Median Age

    98023 households

    • 12,883 Family
      4,919 Non-family
    • 5,907 Children
      11,895 No Children
    • 17,802Total Number of Households
    • 2Average People Per Household
    • $101,960Median Household Income

    98023 education statistics

    RentCafe is your one-stop shop for finding a great new apartment in the 98023 zip code. Easily search through a wide selection of apartments for rent in 98023, WA and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Rents for apartments in 98023 start at $1,100. Browse apartment listings in 98023 and submit your rental application today!

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!