5+ Days Ago
Highlights
- Washer and dryer
- Off-street parking
- Closet space
- High-speed wi-fi
- Peaceful living environment
- Living areas
Location
518 S 321st St #7, Federal Way, WA 98003, USA
Tour 518 S 321st St #7
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Property Overview
Washer and dryer, ample closet space, off-street parking, high-speed wi‑fi, and comfortable living areas support a convenient and peaceful living environment. Strong value metrics, including top-tier value per square foot and high overall value for money versus nearby options, enhance its appeal. Nearby access to a top-rated elementary school and a generous set of listing photos further help prospective renters evaluate the home with confidence.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Less expensive
- Elementary school nearby
Great for
Work-from-home
Amenities for 518 S 321st St #7
Features
| Furnished | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 1+ month |
|---|
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About 518 S 321st St #7
Furnished private bedroom available in a clean, quiet shared home in Federal Way. This listing is for a private room only (not the entire home). Ideal for a working professional or student seeking a peaceful living environment. The room comes furnished and includes closet space. Shared access to the kitchen, bathroom, and living areas. Washer and dryer are available in the home. Utilities and high-speed Wi-Fi are included. One assigned off-street parking space is available. The home is well maintained and calm, with respectful housemates. Conveniently located near shopping, public transit, major roads, Highline College, Green River College, and local medical centers. Rent is $900 per month. Security deposit required. Available March 30, 2026. Please message with a brief introduction, desired move-in date, and length of stay.
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 518 S 321st St, Federal Way, WA 98003, USA compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 286 sqft larger than other listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Zip code | 98003 |
|---|---|
| Type | Condo for rent |
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Rent trends in Federal Way
1-bedroom apartments at 518 S 321st St #7 cost about 41% less than the average rent price for 1-bedroom apartments in Federal Way.
Median rents as of Apr 18 2026.
Federal Way
| Month | Median Rent |
|---|---|
| May 2024 | $1,585 |
| June 2024 | $1,573 |
| July 2024 | $1,604 |
| August 2024 | $1,602 |
| September 2024 | $1,611 |
| October 2024 | $1,599 |
| November 2024 | $1,596 |
| December 2024 | $1,619 |
| January 2025 | $1,648 |
| February 2025 | $1,534 |
| March 2025 | $1,530 |
| April 2025 | $1,528 |
| May 2025 | $1,530 |
| June 2025 | $1,525 |
| July 2025 | $1,500 |
| August 2025 | $1,525 |
| September 2025 | $1,525 |
| October 2025 | $1,519 |
| November 2025 | $1,519 |
| December 2025 | $1,500 |
| January 2026 | $1,495 |
| February 2026 | $1,498 |
| March 2026 | $1,546 |
| April 2026 | $1,523 |
Affordability calculator
Can I afford to live at 518 S 321st St #7?
Bedrooms
1 bedroomRent-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
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 1-bedroom monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $900 | 1 bed | 1 bath | ||
| 2 years ago | $800 | 3 bed | 1 bath |
Schools near 518 S 321st St #7
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 518 S 321st St #7
Getting around Federal Way near 518 S 321st St #7
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 518 S 321st St #7, Federal Way
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within walking distance
Other units at this address
518 S 321st St, Federal Way, WA
518 S 321st St Federal Way, WA
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$900
Carpet • Assigned Parking • Microwave • Hardwood Floor • Dishwasher • In-Unit Laundry
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