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Studio Apartments for Rent in Federal Way, WA - 5 Rentals available

We found 4 rentals in Federal Way, WA and 1 rental nearby

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  • Apartment

    2111 SW 352Nd Street, Federal Way, WA 98023
    $975 - $1,350
    • Studio-2 Beds
    • 1 Bath
    FPI Management
    Available Today!
    (253) 246-1644
  • Apartment

    30911 1St Ave. S, Federal Way, WA 98003
    See current rent specials
    $1,150 - $2,105
    • Studio-2 Beds
    • 1-2 Baths
    Weidner Apartment Homes
    Available Today!
    (253) 458-2204

We found 1 rental within a 5-mile radius of Federal Way, WA

  • Apartment

    2211 6Th Ave, Milton, WA 98354
    $1,225 - $1,525
    • Studio-2 Beds

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Federal Way, WA Demographics

  • Total Population94,905
  • Female 47,136
    Male 47,769
  • Median Age36.4

Average Rent in Federal Way, WA

  • Federal Way, WA Average Rental Price, June 2019$1,446/mo

Federal Way, WA Apartment Rent Ranges

  • $701-$1,0004%
  • $1,001-$1,50064%
  • $1,501-$2,00028%
  • > $2,0004%

Federal Way, WA Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jun / 2019
Federal Way, WA $1,180 $1,267 $1,278 $1,287 $1,365 $1,369 $1,347 $1,349 $1,446
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average rent is projected to grow by 5% in 2018 compared to 2017.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from the following zip codes: 9800398023

Check out the average rent prices in Federal Way by neighborhood.

Federal Way, WA Households

  • Total Number of Households34,755
  • Family 23,692
    Non-family 11,063
  • Children 11,813
    No Children 22,942
  • Average People Per Household2.71
  • Median Household Income$62,086
  • Median Housing Costs Per Month$1,289

Federal Way, WA Education Statistics

  • No High School5%
  • Some High School33%
  • Some College30%
  • Associate Degree10%
  • Bachelor Degree16%
  • Graduate Degree6%

  • Most Expensive Studios for Rent

    Bayview $1,150 - $2,105

  • Cheapest Studios for Rent

    THE UNION $975 - $1,350

Renting a studio apartment in Federal Way, WA

If you are looking for affordable housing you’re in the right place. There are 6 rental units, with prices starting from as low as $975. Are you the typical bachelor who thinks a house is four wheels with a bed and not a zen-zone where happiness lives? Or maybe you are a very active professional, living the big-city life, practically spending all your existence downtown: working, eating and having fun. Essentially, you’re only going home for sleeping. So why would it bother you that you have your kitchen in the main room and there is no balcony with beautiful views? You don’t have time to enjoy it anyway. And besides, you’re not the type to be staying in anyways. In that case, all you need is a cheap studio. The average size for apartments in Federal Way, WA is 646 Sqft, but you will end up most probably with something much smaller, which will be nonetheless a good deal. If you’ve already set your mind on the “find efficiency apartment” mode, stop reading now and select “Studio” from our Beds filter. On the other hand, if you’re looking for something that is a bit homier, keep reading.

If you are not Mr. or Mrs. efficiency apartment…

It looks like you’re ballin’ on a budget, but you like your alone time at home. There can be huge differences between a small apartment and a studio apartment. If you like unwinding at home after a long day and cooking on the weekends, we recommend you to search for single bedroom apartments, where you will have a bit more space and a separate kitchen. Let’s face it, moving into a studio just because it’s a good deal it’s not always a good idea. Yes, probably your apartment will be more expensive than the cheapest pad in Federal Way, WA which is going for $975, but it’s hard to put a price on feeling comfortable in your own home.

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