1 Day Ago
Highlights
- Wood burning fireplace
- Reserved cover parking
- Amenities: washer/dryer in unit
- Major conveniences
Location
34010 1st Cir S, Federal Way, WA 98003, USA
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Property Overview
Panther Lake Lot 38 offers strong value with an 8.3/10 overall rating, including a perfect price score, solid amenities, and a highly rated location. Notable features include a wood burning fireplace, reserved covered parking, and an in-unit washer/dryer, while nearby grocery, transit, and middle school access add everyday convenience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby
Floor plans
| Two Bedroom Junior | 2 bed | 1 bath | 800 sqft | $1,725 /mo | 1 unit available | Amenities: Washer/Dryer in the unit, wood burning fireplace, reserved Cover Parking. Adjacent to I-5 & all Major Conveniences. Lease: 6, 9, 12 Pet policy- maximum 2 pet per Apartment: - Cat or Dogs-fully grown adult size of 20lbs limited, -$200 per pet deposit AND $200 one-time non-refundable pet fee. -Service animals, no size limit but must provide documents MOVE IN SPECIAL : ½ of first month off with one year lease |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 4 |
|---|
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About Panther Lake Lot 38
Amenities: Washer/Dryer in the unit, wood burning fireplace, reserved Cover Parking. Adjacent to I-5 & all Major Conveniences. Lease: 6, 9, 12 Pet policy- maximum 2 pet per Apartment: - Cat or Dogs-fully grown adult size of 20lbs limited, -$200 per pet deposit AND $200 one-time non-refundable pet fee. -Service animals, no size limit but must provide documents MOVE IN SPECIAL : ½ of first month off with one year lease
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Panther Lake Lot 38 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Panther Lake Lot 38 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Panther Lake Lot 38 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Panther Lake Lot 38 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Panther Lake Lot 38 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Panther Lake Lot 38 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Panther Lake Lot 38 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Panther Lake Lot 38 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Federal Way
2-bedroom apartments at Panther Lake Lot 38 cost about 4% less than the average rent price for 2-bedroom apartments in Federal Way.
Median rents as of Apr 18 2026.
Federal Way
| Month | Median Rent |
|---|---|
| June 2024 | $1,360 |
| July 2024 | $1,278 |
| August 2024 | $1,196 |
| September 2024 | $1,163 |
| October 2024 | $1,066 |
| November 2024 | $1,066 |
| December 2024 | $1,066 |
| January 2025 | $1,066 |
| February 2025 | $1,066 |
| March 2025 | $1,066 |
| June 2025 | $1,198 |
| July 2025 | $1,198 |
| August 2025 | $1,198 |
| September 2025 | $937 |
| October 2025 | $695 |
| November 2025 | $1,064 |
| December 2025 | $695 |
| January 2026 | $1,019 |
| February 2026 | $1,367 |
| March 2026 | $1,367 |
| April 2026 | $1,311 |
Affordability calculator
Can I afford to live at 34010 1st Cir S?
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
$69,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,000 annually to afford this 2-bedrooms monthly rent price of $1,725.
For more information on rent affordability, visit our rent calculator.
Schools near Panther Lake Lot 38
Panther Lake Elementary School
34424 1st av s
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 Panther Lake Lot 38
Neighborhood
Getting around Federal Way near 34010 1st Cir S
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
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 34010 1st Cir S, Federal Way
Groceries
2/10
Closest supermarket further than a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
2/10
Some bars within walking distance
Explore the area around 34010 1st Cir S
Bels Food International
1001 S 344th St
Europe Food Mart
1505 S 344th St
Fred Meyer
33702 21st Ave SW
Grocery Outlet
32945 Pacific Hwy S
Pacific Halal Market
33110 Pacific Hwy S
Apparel on Demand
33020 10th Ave SW
Z M Christian Tees More LLC
1201 S 336th St
Dress to Learn
1500 S 336th St
Peekay Inc
1420 S 348th St
Walmart Supercenter
34520 16th Ave S
Starbucks
164 SW Campus Dr
Raine City Coffee Co
32901 1st Ave S
Starbucks
1401 S 348th St
Jamba
1413 S 348th St
Gravity Coffee-Fed Way North
33510 Pacific Hwy S
J P's Tavern
32925 1st Ave S
Secoma Lanes
34500 Pacific Hwy S
Qdoba Mexican Eats
1401 S 348th St
Time Outale House
34525 16th Ave S
7 Billiards
33324 Pacific Hwy S
The Vitamin Shoppe
1401 S 348th St
Super Supplements
1401 S 348th Street
Sure Wellness
1720 S 341st Pl
Murray's Cheese
33702 21st Ave SW
S K Meat
33324 Pacific Hwy S
The Commons Community Park
Playground
Winco Park
Meadow
Meadow
WinCo Pizza
160 SW Campus Drive
Hana Two Teriyaki Restaurant
106 SW Campus Dr
IHOP
178 SW Campus Dr
Neltac Inc
33650 6th Ave S
Federal Way My Local Chiropractic
34503 9th Ave S
1st Way S & 1st Pl S
,
1st Way S & 1st Pl S
,
1st Way S & S 340th St
,
1st Way S & S 344th St
,
1st Way S & S 340th St
,
Auburn Station (Southbound)
Seattle - Tacoma/Lakewood, Seattle - Tacoma/Lakewood
Auburn Station (Northbound)
Seattle - Tacoma/Lakewood, Seattle - Tacoma/Lakewood
Tacoma Dome Station
Seattle - Tacoma/Lakewood, Seattle - Tacoma/Lakewood
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