Cheap Apartments for Rent in 98003
75 rentals
Use arrow keys to navigateSPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$1,240 - $1,455/mo
1-2 Beds
1 BathCelebration Senior Living Apartments | 1524 S 328th St #6a8069044,
Federal Way, WA 98003
Use arrow keys to navigatePET FRIENDLY$1,295 - $1,695/mo1-2 Beds1-2 BathsView at the Lake | 30602 Pacific Hwy S #F-103,
Federal Way, WA 98003
Use arrow keys to navigate
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,299 - $2,284/moStudio-3 Beds1-2 BathsLa Madera | 28620 Pacific Hwy S #c4cf81ab7,
Federal Way, WA 98003
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,309 - $2,635/mo1-3 Beds1-2 BathsAvana Star Lake | 2211 S Star Lake Rd #13-303,
Federal Way, WA 98003
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERSENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED$1,318 - $1,477/mo1-2 Beds1 BathMeridian Court Senior Affordable Apartments | 31420 23rd Ave S #2-208,
Federal Way, WA 98003
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,460 - $1,899/mo1-2 Beds1-2 BathsBayview Apartment Homes | 30911 1st Ave S #327,
Federal Way, WA 98003
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY$1,495 - $1,925/mo1-3 Beds1-2 BathsWestboro Apartments | 117 S 330th St #96eb2b4bd,
Federal Way, WA 98003
PET FRIENDLY$1,495 - $1,795/mo1-2 Beds1-2 BathsRedondo Terrace | 29421 Pacific Hwy S #A-201,
Federal Way, WA 98003
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY$1,549 - $2,289/mo1-3 Beds1-2 BathsGreystone Meadows | 31500 1st Ave S #22-103,
Federal Way, WA 98003
PET FRIENDLY$1,550 - $1,850/mo1-2 Beds1-2 BathsHomestead Apartments | 29225 Military Rd S #L-12,
Federal Way, WA 98003
PET FRIENDLY$1,550 - $2,850/mo1-4 Beds1-2 BathsBlue Ridge Apartments | 28606 Pacific Hwy S #67,
Federal Way, WA 98003
PET FRIENDLY
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGO
NEW - 1 DAY AGO
NEW - 1 DAY AGO
PET FRIENDLYINCOME RESTRICTED
PET FRIENDLYINCOME RESTRICTED
NEW - 2 DAYS AGO
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLYINCOME RESTRICTED
NEW - 1 DAY AGO
NEW - 1 DAY AGO
NEW - 1 DAY AGO
Save Search in 98003
98003Get emails when new homes match this search
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 | $1,583 | $1,800 | $2,235 | $2,478 | $1,804 |
| Townhomes | — | $2,750 | — | — | $2,750 |
| Apartments and Condos | $1,400 | $2,000 | $2,245 | — | $2,099 |
| Houses | — | $2,700 | $2,695 | $2,750 | $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 $1,822 per month. This is about 6% lower than the national average.
- What is the average rent of a house in 98003?The average rent of a house in 98003 is $2,795 per month. This is about 45% higher than the national average.
- What is the average rent of a townhome in 98003?The average rent of a townhome in 98003 is $2,750 per month. This is about 43% 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 $1,583 per month. That is about $307 less than the cost of a studio apartment.
- How many available rental listings are in 98003?There are 66 available rental listings in 98003.
- What are some cities near 98003?