Studio Apartments for Rent in Federal Way, WA: from $1,280

Q: What are the downsides of renting a studio apartment in Federal Way, WA?

1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs. You might be interested in 1 bedroom apartments , 2 bedroom apartments or 3 bedroom apartments , or browse all RentCafe apartments for rent in Federal Way, WA .

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Frequently Asked Questions

What is the price of a studio apartment in Federal Way, WA?

The price range of a studio apartment is between $1,364 and $2,935. Search our studio apartments in Federal Way, WA.

What is the average size of a studio apartment in Federal Way, WA?

The average Federal Way, WA studio apartment size is 455 sq. ft.

What are the advantages of renting a studio apartment in Federal Way, WA?

Studio apartments in Federal Way, WA tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in Federal Way, WA?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Federal Way, WA.

Average Rent in Federal Way, WA

Federal Way, WA Average Rental Price, June 2022 $1,773 ^/mo

Apartments in Federal Way, WA rent for $1,773 per month, on average.

Federal Way, WA Apartment Rent Ranges

1% of apartments in Federal Way, WA are priced between $701-$1,000. About 21% charge rents in the $1,001-$1,500 range. Approximately 53% of Federal Way’s apartment rentals are priced between $1,501-$2,000. Meanwhile, 25% of apartments are in the most expensive > $2,000 range.

Federal Way, WA Rent Trends

Average Rent	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Mar / 2021	Jul / 2021	Nov / 2021	Jun / 2022
Federal Way, WA	$1,419	$1,449	$1,473	$1,474	$1,452	$1,509	$1,532	$1,623	$1,729	$1,773
National	$1,367	$1,399	$1,407	$1,409	$1,399	$1,403	$1,412	$1,495	$1,591	$1,628

The average monthly rent in Federal Way, WA is around $1,773, while the national average rent is $1,628.

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

Federal Way, WA Households

Total Number of Households34,956
Family 23,251

Non-family 11,705
Children 11,808

No Children 23,148

Average People Per Household2.74
Median Household Income$68,672
Median Housing Costs Per Month$1,487

A total of 34,956 households live in Federal Way, WA, of which 23,251 are family households and 11,705 are non-family households, per U.S. Census estimates. Of these, approximately 11,808 households have children and 23,148 households do not have children. The average size of a household in Federal Way, WA is 2.74. The median household income in Federal Way is $68,672 annually, with $1,487 per month going towards housing.

Renting a studio apartment in Federal Way, WA

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Federal Way, WA is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 25 listings with a total of 76 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Tukwila is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Federal Way, WA average rent is currently at $2,043, but a single-bedroom apartment in Federal Way, WA can be yours for as low as $1,280 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Federal Way, WA with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Federal Way, WA costs a monthly $7,676.

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

Studio Apartments for Rent in Federal Way, WA 75 Rentals Available

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