Listed 1 Day Ago
Location
1040 S 320th St, Federal Way, WA 98003, USA
Tour 1040 S 320th St
Contact
Crown Partners Property Management Inc.
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Policies and fees
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REQUIRED FEES
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One-time. Refundable.
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About 1040 S 320th St
1040 S 320th St cost $2,500 per month. Located at 1040 S 320th St, Federal Way, WA 98003, USA, this unit has 2 bedrooms and 1 bathroom. Based on the average rent price of 2 bedrooms in Federal Way, renting this apartment is 40% more expensive per month.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 S 320th St compares to other nearby properties.
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 98003 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Federal Way
2-bedroom apartments at 1040 S 320th St cost about 40% more than the average rent price for 2-bedroom apartments in Federal Way.
Median rents as of Sep 19 2026.
Federal Way
| Month | Median Rent |
|---|---|
| October 2024 | $1,979 |
| November 2024 | $1,921 |
| December 2024 | $1,895 |
| January 2025 | $1,896 |
| February 2025 | $1,837 |
| March 2025 | $1,882 |
| April 2025 | $1,825 |
| May 2025 | $1,879 |
| June 2025 | $1,936 |
| July 2025 | $1,907 |
| August 2025 | $1,889 |
| September 2025 | $1,866 |
| October 2025 | $1,839 |
| November 2025 | $1,793 |
| December 2025 | $1,787 |
| January 2026 | $1,797 |
| February 2026 | $1,797 |
| March 2026 | $1,814 |
| April 2026 | $1,823 |
| May 2026 | $1,804 |
| June 2026 | $1,802 |
| July 2026 | $1,814 |
| August 2026 | $1,829 |
| September 2026 | $1,788 |
Affordability calculator
Can I afford to live at 1040 S 320th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Schools near 1040 S 320th St
Mirror Lake Elementary School
625 s 314th st
federal way, WA, 98003
PK, K-5Public
C+
Federal Way Public School ECEAP
33330 8th ave s
federal way, WA, 98003
PKPublic
Support School
33330 8th ave s
federal way, WA, 98003
PK, K-12Public
Internet Academy
31455 28th ave s
federal way, WA, 98003
PK, K-12Public
B
Fife Elementary School
5804 20th st e
tacoma, WA, 98424
K-5Public
B-
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Internet available near 1040 S 320th St
Getting around Federal Way near 1040 S 320th St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 1040 S 320th St, Federal Way
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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Check availability
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