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BG40-7 offers a strong mix of value, convenience, and comfort, with an 8.3 Zumper Expert Rating, excellent amenity and location scores, and notable features like a dishwasher, off-street parking, and an extra spacious living and kitchen area. It also stands out for its competitive pricing, quiet street setting, and strong value for money, with nearby top-rated schools adding to its appeal.
Things you’ll love
Less expensiveHigh school nearby| 2BR/1.0BA | 2 bed | 1 bath | 600 sqft | $1,395 /mo | 2 units 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. APP-Op Laundry facilities on site. $75 first occupant/$50 each additional occupant monthly w/s/g. Move In Special - 3 months free. Rent credit will be applied to 2nd month of lease term. ***PHOTOS MAY NOT BE OF ACTUAL 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 hcBIAk 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. INSURANCE Landlord Liability Insurance (LLI) – LLI insurance is required. This is a standard provision in most Renter's Insurance Policy. Tenants will be automatically enrolled in an LLI policy at a cost of $10.50 per month if proof of insurance is not provided. 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.
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Oven |
| Oven/Range | Range |
| Range/Oven | Refrigerator |
One-time.
One-time. Refundable.
| 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. APP-Op Laundry facilities on site. $75 first occupant/$50 each additional occupant monthly w/s/g. Move In Special - 3 months free. Rent credit will be applied to 2nd month of lease term. ***PHOTOS MAY NOT BE OF ACTUAL 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 hcBIAk 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. INSURANCE Landlord Liability Insurance (LLI) – LLI insurance is required. This is a standard provision in most Renter's Insurance Policy. Tenants will be automatically enrolled in an LLI policy at a cost of $10.50 per month if proof of insurance is not provided. 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 23% less than the average rent price for 2-bedroom apartments in Federal Way.
| Month | Median Rent |
|---|---|
| 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 |
Can I afford to live at 30853 14th Ave S?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$55,800/yr
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New Tacoma • 1328 Market St
1–2 Beds
N/A
New Tacoma • 1915 Tacoma Ave S
1–2 Beds
$1,777–$3,124
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.231 S 177th Pl
1–2 Beds
$1,780–$1,859
Total Monthly Price. The price shown reflects a 6-month lease and includes base rent and all known required monthly fees, based on information provided by the property.New Tacoma • 1942 Fawcett Ave
1 Bed
$1,517
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Central • 601 S Shirley St
1–3 Beds
$1,949–$3,188
Total Monthly Price. The price shown reflects a 3-month lease and includes base rent and all known required monthly fees, based on information provided by the property.West End • 3815 N Pearl St
1–2 Beds
$1,531–$2,056
Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.23913 111th Pl Se
1–2 Beds
$1,550–$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.North Lakewood • 8200 Bridgeport Way Sw
1–3 Beds
$1,905–$2,074
Total Monthly Price. The price shown reflects a 6-month lease and includes base rent and all known required monthly fees, based on information provided by the property.New Tacoma • 1328 Market St
1–2 Beds
N/A
New Tacoma • 1915 Tacoma Ave S
1–2 Beds
$1,777–$3,124
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.231 S 177th Pl
1–2 Beds
$1,780–$1,859
Total Monthly Price. The price shown reflects a 6-month lease and includes base rent and all known required monthly fees, based on information provided by the property.New Tacoma • 1942 Fawcett Ave
1 Bed
$1,517
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Central • 601 S Shirley St
1–3 Beds
$1,949–$3,188
Total Monthly Price. The price shown reflects a 3-month lease and includes base rent and all known required monthly fees, based on information provided by the property.West End • 3815 N Pearl St
1–2 Beds
$1,531–$2,056
Total Monthly Price. The price shown reflects a 10-month lease and includes base rent and all known required monthly fees, based on information provided by the property.23913 111th Pl Se
1–2 Beds
$1,550–$1,850
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.North Lakewood • 8200 Bridgeport Way Sw
1–3 Beds
$1,905–$2,074
Total Monthly Price. The price shown reflects a 6-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
