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Studio Condos under $2,000 for Rent in Federal Way, WA

18 Rentals
.
  6. Building Photo - Cove East
    STUDIO
    $905

    Cove East

    33030 1st Ave S, Federal Way, WA 98003

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Federal Way at a Glance

Average Rent

$1,571
(All bedrooms and property types)
Learn more about
Average Rent in Federal Way
3

School Rating

out of 10 Rating
Learn more about
Schools in Federal Way
37

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Federal Way
45

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Federal Way

Federal Way, WA Condos for Rent

Federal Way, located in King County, Washington, sits conveniently between Seattle and Tacoma along Interstate 5 and State Route 99. As Washington's 10th largest city, Federal Way spans 23 square miles and offers apartment rentals at an average of $1,587 for one-bedroom units - more affordable than the state average of $1,813.

The city features several parks and recreational spaces, including Steel Lake Park with its swimming beach and boat launch, and Celebration Park's sports facilities and walking trails. Dash Point State Park provides beach access, hiking paths, and camping areas along Puget Sound. The Weyerhaeuser King County Aquatic Center, which has hosted national swimming championships, and Wild Waves Theme & Water Park add to the city's recreational offerings. A Sound Transit light rail extension, scheduled to open in 2026, will connect Federal Way to the greater Seattle area, enhancing transportation options for residents.

Renting in Federal Way

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Federal Way

(For 1 bedroom apartments)

Getting Around Federal Way

Transportation

56

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
45

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
37

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
Public University
Private University
Public University
Public University
GreatSchools Rating
Federal Way Senior High School

Public High School

Public
Grades 9-12
1,640 Students
GreatSchools Rating
Decatur High School

Public High School

Public
Grades 9-12
1,327 Students
GreatSchools Rating
Todd Beamer High School

Public High School

Public
Grades 9-12
1,302 Students
GreatSchools Rating
Sacajawea Middle School

Public Middle School

Public
Grades 6-8
684 Students
GreatSchools Rating
Lakota Middle School

Public Middle School

Public
Grades 6-8
632 Students
GreatSchools Rating
Saghalie Middle School

Public Middle School

Public
Grades 6-8
474 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Federal Way by Neighborhoods

Federal Way Apartments for Rent in Your Budget

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