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Cheap Apartments for Rent in Federal Way, WA - 19 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Federal Way, WA Demographics

  • Total Population96,110
  • Female 47,935
    Male 48,175
  • Median Age35.9

Average Rent in Federal Way, WA

  • Federal Way, WA Average Rental Price, February 2020 $1,474 /mo

Federal Way, WA Apartment Rent Ranges

  • $701-$1,0003%
  • $1,001-$1,50053%
  • $1,501-$2,00042%
  • > $2,0002%

Federal Way, WA Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Federal Way, WA $1,287 $1,365 $1,369 $1,347 $1,349 $1,446 $1,419 $1,449 $1,473 $1,474
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468

Federal Way, WA Households

  • Total Number of Households34,923
  • Family 23,874
    Non-family 11,049
  • Children 12,157
    No Children 22,766
  • Average People Per Household2.73
  • Median Household Income$66,011
  • Median Housing Costs Per Month$1,363

Federal Way, WA Education Statistics

  • No High School4%
  • Some High School33%
  • Some College30%
  • Associate Degree10%
  • Bachelor Degree16%
  • Graduate Degree6%

Looking for a cheap apartment for rent in Federal Way, WA? With RENTCafé, finding an affordable apartment in Federal Way, WA has never been easier. We feature 19 low-priced rentals directly from property managers, with rents lower than the Federal Way, WA average. What is a cheap rent in Federal Way, WA? The average apartment rent in Federal Way is $1,474 per month so any rental south of $1,179 would be considered cheap here. On RENTCafé, Federal Way, WA rents go as low as $849/mo.

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