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Apartments for Rent in Federal Way, WA under $1500 – 52 Rentals available

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Federal Way, WA Demographics

  • Total Population96,526
  • Female 47,848
    Male 48,678
  • Median Age35.8

Average Rent in Federal Way, WA

  • Federal Way, WA Average Rental Price, June 2021 $1,532 /mo

Federal Way, WA Apartment Rent Ranges

  • $701-$1,0003%
  • $1,001-$1,50042%
  • $1,501-$2,00052%
  • > $2,0003%

Federal Way, WA Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Jun / 2021
Federal Way, WA $1,347 $1,349 $1,446 $1,419 $1,449 $1,473 $1,474 $1,452 $1,509 $1,532
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407
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Check out the average rent prices in Federal Way by neighborhood.

Federal Way, WA Households

  • Total Number of Households35,190
  • Family 23,806
    Non-family 11,384
  • Children 12,298
    No Children 22,892
  • Average People Per Household2.72
  • Median Household Income$67,347
  • Median Housing Costs Per Month$1,439

Federal Way, WA Education Statistics

  • No High School4%
  • Some High School33%
  • Some College29%
  • Associate Degree10%
  • Bachelor Degree17%
  • Graduate Degree7%

Search for apartments in Federal Way, WA under $1,500

There’s more than one way to spend $1,500 on rent in Federal Way, WA, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $1,500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Federal Way, WA. Customize your search by using more RENTCafé filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 19 apartments for rent below $1,500 in Federal Way, WA for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

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