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Updated 3 hours ago

Homestead Apartments

VERIFIED

29225 Military Rd S Federal Way, WA

1 Bed
1 Bath

691 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,550
691 ft2
7 Available
Managed By: Ironridge Capital, LLC
L - 03
$1,550
Available Now
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B - 12
$1,550
Available Now
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L - 08
$1,550
Available Now
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C - 08
$1,550
Available Now
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C - 07
$1,550
Available Aug 21st, 2026
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C - 09
$1,550
Available Sep 10th, 2026
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I - 04
$1,550
Available Sep 10th, 2026
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View Rented Units
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2 Beds • 1 Bath
$1,595 - $1,750
871 ft2
0 Available
Managed By: Ironridge Capital, LLC
E - 02
$1,595
Rented
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E - 04
$1,750
Rented
View
C - 04
$1,750
Rented
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A - 05
$1,750
Rented
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A - 06
$1,595
Rented
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G - 02
$1,595
Rented
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A - 11
$1,750
Rented
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C - 03
$1,750
Rented
View
F - 01
$1,750
Rented
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F - 02
$1,750
Rented
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2 Beds • 2 Bath
$1,850
932 ft2
0 Available
Managed By: Ironridge Capital, LLC
H - 04
$1,850
Rented
View
K - 01
$1,850
Rented
View
K - 06
$1,850
Rented
View
K - 09
$1,850
Rented
View
2 Beds • 1 Bath
$1,595 - $1,745
871 ft2
0 Available
Managed By: Homestead Apartments
C-01
$1,595
Rented
View
C - 01
$1,595
Rented
View
G - 04
$1,595
Rented
View
A - 09
$1,595
Rented
View
A - 08
$1,595
Rented
View
F - 05
$1,695
Rented
View
E - 05
$1,695
Rented
View
E - 03
$1,745
Rented
View
E - 06
$1,695
Rented
View
E - 04
$1,745
Rented
View
2 Beds • 2 Bath
$1,695 - $1,845
932 ft2
0 Available
Managed By: Homestead Apartments
K - 10
$1,795
Rented
View
H - 06
$1,695
Rented
View
K - 09
$1,795
Rented
View
H - 05
$1,795
Rented
View
K - 08
$1,845
Rented
View
K - 04
$1,845
Rented
View
H - 04
$1,845
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
58
Somewhat Walkable
Transit Score®
38
Some Transit
Bike Score®
43
Somewhat Bikeable
Amenities
Fitness Center
Fireplace
Pool
Playground
Dog Park
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Covered Parking
Lease & Fees
Security Deposit: $750
Property details
Description

Great location in Federal Way! Pool, Fitness Center, Playground
¡Se Habla Español!
Welcome to Homestead Apartments! We are a locally owned and professionally managed community in Federal Way, WA. Homestead is nestled adjacent to Laurelwood Park and is conveniently located a short walk from a variety of grocery stores. We have 1- and 2-bedroom apartment homes.
Our apartment homes are a great value, featuring a private patio or balcony, spacious and open floor plans, and washer and dryer.
Our community features a property manager on site with 24-hour maintenance, assigned parking, covered parking, storage, playground, dog park, seasonal outdoor pool, fitness center, and clubhouse.
Office Hours
Monday – Friday: 8:30 AM – 5:00 PM
Saturday & Sunday: Closed
Give us a call to schedule a tour!
Photos are taken from multiple units in the community and may not be exclusive to the unit being advertised.

Additional Details
Total Unit Count: 137
Last Updated: Updated 3 hours ago
Contact Number: (206) 966-6100 ext: 5
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
CenturyLink, Inc. 20.0 0.896
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Homestead Apartments by bedroom type below.
1 Bedroom
Suggested income:
$55,800
per year
Rent report

Homestead Apartments Rent vs. Federal Way Average

 Homestead Apartments      Federal Way Average
1BR
$1,550
$1,612
$0
$550
$1,100
$1,650
$2,200

Homestead Apartments is asking 4% less than the average 1 bedroom apartment in Federal Way.

If you upsized to an average priced Federal Way 2 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Federal Way studio apartment, you would pay 24% less per month.

Homestead Apartments provides 5% less square footage than the average Federal Way 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Homestead Apartments
1BR $1,550 $2.20 $4,650
Federal Way Average
Studio $1,303 $1.30 $3,908
1BR $1,612 $2.20 $4,836
2BR $1,916 $1.90 $5,748
3BR $2,460 $1.90 $7,380
4BR $2,724 $1.90 $8,173

Availability in Federal Way

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 114 2BR units on the market in Federal Way. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 33% 38% 18% 7%
Available Units in Federal Way
Studio 10
1BR 99
2BR 114
3BR 53
4BR 21
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 7 units available for move-in over the next 2 months. 4 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 691 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units starts at $1,550. Homestead Apartments has 1 bedroom units available starting at $1,550.
Where is this property located?
This property is at 29225 Military Rd S in Federal Way, WA. It's 1.4 miles northeast from the center of Federal Way.
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