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This property, BG40-7, features a competitive overall Zumper rating of 8.3, reflecting its impressive amenities, including a dishwasher and off-street parking, and an excellent price-value balance rated at 8 out of 10. With a prime location rated 9 out of 10, it offers quick access to top-rated schools and other local conveniences, further enhancing its appeal. Transparency in its listing, indicated by a trustworthiness rating of 8 out of 10, assures potential renters of clear expectations regarding the property and its management.
Things you’ll love
Less expensiveHigh school nearbyMiddle school nearby| 2BR/1.0BA | 2 bed | 1 bath | 600 sqft | $1,148 /mo | 1 unit available | 2BR apartment with hardwoods, stainless steel appliances and granite counters - The Lake Apartments is a commuter's dream. Stunning corner unit, extra spacious living and kitchen area. Our beautiful garden style apartment community is centrally located in Federal Way with new attentive and devoted management on call 24/7. Located on a quiet street just off Pacific Highway 99, The Lake Apartments offers a perfect balance of tranquility and accessibility. Surrounded by a large peaceful garden space The Lake is within a mile of the Federal Way transit center, I-5 and many public transit bus lines. Coin-Op Laundry facilities on site. $75 first occupant/$50 each additional occupant monthly w/s/g. ***PHOTOS MAY NOT BE OF ACUTAL UNIT*** To schedule a tour online, please follow the below link. Alternatively, you may fill out a contact form and we will contact you directly. https showdigs co 7p5Zmg MOVE IN SPECIAL! Advertised rent includes Lease Incentive of $3,625 amortized over a 12-month period ***Move in date must be in 10 days or less to receive incentive). Incentive will start on the second month of lease. Move in cost are based off of market rent $1450.*** COMMUNITY NAME: The Lake Apartments YEAR BUILT: 1958 SCHOOLS Elementary: Nautilus | Middle/Jr High: Sacajawea | High: Federal Way APPLIANCES Oven/Range | Refrigerator | Dishwasher PARKING Off-Street Parking HEATING Baseboard UTILITIES INCLUDED None STANDARD DEPOSIT Our Standard Move in Deposit and Fees include a Refundable Deposit Equal to One Month's Rent plus a non-refundable fee of $295.00. We may ask for prepayment of last month's rent based on income, credit score, or background check results. PET POLICY – Case by Case • Pet is possible with prior approval • Pet must be over 2 years old • Pet must neutered or spayed • Pet must be and under 30lbs • No aggressive breeds • Other restrictions may apply • Pet application fees are $50 per pet. Monthly pet administration fees are $25 per pet. • Our Standard Refundable Pet Deposit is $500 per pet (may vary). This deposit would be in addition to the standard security deposit and is refundable subject to property condition on move out. EASY TO APPLY ONLINE! $48 - Per Applicant paid online with a credit card! https brinkpm quickleasepro com properties In addition to the rent due per month, a resident administration and technology fee of $29.95 per month will be charged and must be included with the monthly rent payment. To view our resident amenities, please refer to our website: https www brinkpm com resident-amenities |
Let's explore this property.
Apartment Amenities
| Utilities Included |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Oven |
| Range | Range/Oven |
| Refrigerator |
| Units | 16 |
|---|
2BR apartment with hardwoods, stainless steel appliances and granite counters - The Lake Apartments is a commuter's dream. Stunning corner unit, extra spacious living and kitchen area. Our beautiful garden style apartment community is centrally located in Federal Way with new attentive and devoted management on call 24/7. Located on a quiet street just off Pacific Highway 99, The Lake Apartments offers a perfect balance of tranquility and accessibility. Surrounded by a large peaceful garden space The Lake is within a mile of the Federal Way transit center, I-5 and many public transit bus lines. Coin-Op Laundry facilities on site. $75 first occupant/$50 each additional occupant monthly w/s/g. ***PHOTOS MAY NOT BE OF ACUTAL UNIT*** To schedule a tour online, please follow the below link. Alternatively, you may fill out a contact form and we will contact you directly. https showdigs co 7p5Zmg MOVE IN SPECIAL! Advertised rent includes Lease Incentive of $3,625 amortized over a 12-month period ***Move in date must be in 10 days or less to receive incentive). Incentive will start on the second month of lease. Move in cost are based off of market rent $1450.*** COMMUNITY NAME: The Lake Apartments YEAR BUILT: 1958 SCHOOLS Elementary: Nautilus | Middle/Jr High: Sacajawea | High: Federal Way APPLIANCES Oven/Range | Refrigerator | Dishwasher PARKING Off-Street Parking HEATING Baseboard UTILITIES INCLUDED None STANDARD DEPOSIT Our Standard Move in Deposit and Fees include a Refundable Deposit Equal to One Month's Rent plus a non-refundable fee of $295.00. We may ask for prepayment of last month's rent based on income, credit score, or background check results. PET POLICY – Case by Case • Pet is possible with prior approval • Pet must be over 2 years old • Pet must neutered or spayed • Pet must be and under 30lbs • No aggressive breeds • Other restrictions may apply • Pet application fees are $50 per pet. Monthly pet administration fees are $25 per pet. • Our Standard Refundable Pet Deposit is $500 per pet (may vary). This deposit would be in addition to the standard security deposit and is refundable subject to property condition on move out. EASY TO APPLY ONLINE! $48 - Per Applicant paid online with a credit card! https brinkpm quickleasepro com properties In addition to the rent due per month, a resident administration and technology fee of $29.95 per month will be charged and must be included with the monthly rent payment. To view our resident amenities, please refer to our website: https www brinkpm com resident-amenities
How BG40-7 compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at BG40-7 cost about 36% less than the average rent price for 2-bedroom apartments in Federal Way.
| Month | Median Rent |
|---|---|
| December 2023 | $1,286 |
| January 2024 | $1,341 |
| March 2024 | $1,379 |
| April 2024 | $1,387 |
| May 2024 | $1,325 |
| June 2024 | $1,374 |
| 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 | $1,105 |
Can I afford to live at 30853 14th Avenue South?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$45,920/yr
31455 28th ave s
federal way, WA, 98003
1000 s 289th st
federal way, WA, 98003
33330 8th ave s
federal way, WA, 98003
33330 8th ave s
federal way, WA, 98003
South Tacoma • 3509 S Orchard St
1 Bed
$1,530–$1,535
South Tacoma • 3509 S Orchard St
1 Bed
$1,530–$1,535
