Apartments For Rent in 98003
77 rentals
- PET FRIENDLY$1,549 - $2,289/mo1-3 Beds1-2 BathsGreystone Meadows | 31500 1st Ave S #22-103,
Federal Way, WA 98003 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- NEW - 17 HRS AGOSPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$1,167 - $1,477/mo1-2 Beds1 BathMeridian Court Senior Affordable Apartments | 31420 23rd Ave S #2-110,
Federal Way, WA 98003 - PET FRIENDLY$1,350 - $1,850/mo1-2 Beds1-2 BathsHomestead Apartments | 29225 Military Rd S #G-06,
Federal Way, WA 98003 - SPECIAL OFFERPET FRIENDLY
- PET FRIENDLY$1,295 - $1,695/mo1-2 Beds1-2 BathsView at the Lake | 30602 Pacific Hwy S #F-103,
Federal Way, WA 98003 - $1,495 - $1,795/mo1-2 Beds1-2 BathsRedondo Terrace | 29421 Pacific Hwy S #A-201,
Federal Way, WA 98003 - $1,240 - $1,455/mo1-2 Beds1 BathCelebration Senior Living Apartments | 1524 S 328th St #6a8069044,
Federal Way, WA 98003 - $1,550 - $2,850/mo1-4 Beds1-2 BathsBlue Ridge Apartments | 28606 Pacific Hwy S #67,
Federal Way, WA 98003 - $1,299 - $2,284/moStudio-3 Beds1-2 BathsLa Madera | 28620 Pacific Hwy S #7c6209f6e,
Federal Way, WA 98003 - $2,800/mo3 Beds3-4 BathsModern 3 bedroom Townhomes with Garage | 31408 28th Ave S #C-C102,
Federal Way, WA 98003
Average Rent Trends in 98003
Rent in 98003 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,900 |
| Jul 2025 | $1,800 |
| Aug 2025 | $1,795 |
| Sep 2025 | $1,895 |
| Oct 2025 | $1,890 |
| Nov 2025 | $1,799 |
| Dec 2025 | $1,795 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,850 |
| May 2026 | $1,815 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,550 | $1,800 | $2,245 | $2,700 | $1,817 |
| Townhomes | — | $2,600 | — | — | $2,622 |
| Apartments and Condos | $1,400 | $1,995 | $2,245 | — | $2,000 |
| Houses | — | $2,106 | $2,695 | $3,250 | $2,795 |
Frequently Asked Questions about Rentals in 98003
- What is the average rent of an apartment in 98003?The average rent of an apartment in 98003 is $1,788 per month. This is about 7% lower than the national average.
- What is the average rent of a house in 98003?The average rent of a house in 98003 is $2,700 per month. This is about 40% higher than the national average.
- What is the average rent of a townhome in 98003?The average rent of a townhome in 98003 is $2,622 per month. This is about 36% higher than the national average.
- When is the average rent cheapest in 98003?In the last year, the average rent in 98003 was lowest in Aug 2025 when it was $1,795 per month.
- When is the average rent most expensive in 98003?In the last year, the average rent in 98003 was highest in Jan 2025 when it was $1,909 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 98003?The average rent of a 1 bedroom apartment in 98003 is $1,550 per month. That is about $251 more than the cost of a studio apartment.
- How many available rental listings are in 98003?There are 81 available rental listings in 98003.
- What are some cities near 98003?