If you're considering renting in Federal Way, WA, Trouvée Apartments is definitely worth your attention. Located at 34816 1st Ave S, this newly constructed community, built in 2023, offers studios to two-bedroom units priced between $2,315 and $3,210 per month. With amenities like central air conditioning, hardwood floors, and high-speed internet, Trouvée caters to modern living needs. Its proximity to shopping centers, public transit, and major airports makes it ideal for commuters. As you explore the local rental market, where median rents currently stand at $2,173 following a recent drop, you might find that Trouvée's offerings are particularly appealing given the current market fluctuations and demand for affordable housing. Here's how Trouvée fits into the broader rental landscape in Federal Way.

Overview of Trouvé Apartments

When considering modern and convenient living in apartments for rent in Federal Way , WA, Trouvé Apartments stands out as a prime option. Located on the corner of 348th St and 1st Ave, Trouvé is just one mile from I-5, making it ideal for commuters. This new apartment community, built in 2023, offers a range of units from studios to two-bedroom apartments, with rents starting at $2,315 and ranging up to $3,210 per month.

The apartments feature various amenities, including central air conditioning, patios/balconies, a fitness center, clubhouse, and controlled access. Residents also enjoy a package center, BBQ/picnic area, and a pet washing station. With its proximity to shops, local restaurants, and easy access to Seattle-Tacoma International Airport, Trouvé Apartments is a top choice for those seeking modern, convenient living in Federal Way. This development aligns perfectly with the growing demand for new apartments in Federal Way.

Close to Shops and Restaurants

In addition to its commuter-friendly location, Trouvé Apartments in Federal Way, WA, offers another significant advantage: its proximity to shops and local restaurants. You'll find yourself just a short walk from various shopping centers, including Winco Shopping Center, which is only 0.4 miles away, and Brooklake Village, accessible within a 15-minute walk. This convenient location means you can easily grab groceries, dine out, or shop for essentials without the hassle of a long commute. The immediate vicinity of Trouvé Apartments is dotted with local eateries, making it easy to enjoy a meal out or pick up takeout on your way home. This blend of convenience and amenities enhances your living experience, providing the freedom to enjoy your surroundings without fuss.

New Construction with Modern Amenities

When you step into Trouvé Apartments in Federal Way, WA, you're immersed in a world of modern amenities and sleek design, courtesy of its recent construction in 2023. This brand-new apartment complex offers a range of upscale features, including central air conditioning and heating, hardwood floors, and stainless steel appliances. Each unit is equipped with high-speed internet access, Wi-Fi, and cable-ready connections, ensuring you stay connected and entertained. The community amenities are just as impressive, with a fitness center, clubhouse, and media center/movie theatre. Additional conveniences include a package center, pet washing station, and EV charging stations, making Trouvé an ideal choice for those seeking a blend of comfort and convenience.

Key Features of Trouvé Apartments

As you explore the newly constructed Trouvé Apartments in Federal Way, WA, you'll discover a plethora of amenities designed to enhance your living experience. The apartments, ranging from studios to two-bedroom units, offer spacious living areas with hardwood floors, high ceilings, and walk-in closets. Each unit is equipped with air conditioning, heating, and stainless steel appliances, along with island kitchens and quartz countertops.

Community amenities include a fitness center, clubhouse, lounge, and media center/movie theatre. You'll also have access to a BBQ/picnic area, package center, and pet washing station. The complex is pet-friendly, with no additional pet fees, and offers various parking options, including garage and assigned carport parking. With 24-hour access and on-site maintenance, Trouvé Apartments provide a convenient and luxurious living environment.

Commuter-Friendly Location near I-5

Trouvé Apartments in Federal Way, WA, ticks all the boxes for commuters, sitting just one mile from I-5. This strategic location makes it an ideal choice for those who need easy access to major routes, whether you're heading to Seattle, Tacoma, or other nearby cities. The proximity to I-5 guarantees shorter commute times, allowing you to balance work and personal life more effectively. Additionally, Trouvé's location near State Route 18 and State Route 99 further enhances its commuter-friendly appeal. With such convenient access to major highways, you can enjoy the tranquility of Federal Way while remaining connected to the bustling urban centers nearby. This blend of convenience and serenity makes Trouvé a standout in the Federal Way rental market.

Proximity to Local Amenities

Living in Trouvé Apartments in Federal Way, WA, not only offers the convenience of a commuter-friendly location but also places you in close proximity to a variety of local amenities. This strategic location enhances your lifestyle by providing easy access to essential services and recreational activities.

  • Shopping Centers: You're just a short walk from Winco Shopping Center, Brooklake Village, and Federal Way Crossings, ensuring you're never far from your favorite stores and restaurants[2][3][5].
  • Dining Options: Enjoy a diverse range of local restaurants, making it easy to find your new favorite spot for any meal.
  • Recreational Activities: Explore the nearby Rhododendron Species Botanical Garden, offering a peaceful escape from urban life.
  • Convenience Stores: Essential services are within a short distance, saving you time and effort.
  • Air Travel Accessibility: With Seattle-Tacoma International Airport just 25 minutes away, traveling is more convenient than ever[2][3].

Modern Designs and Up-to-Date Features

Step into the modern world of Trouvé Apartments in Federal Way, WA, where cutting-edge designs and up-to-date features redefine the rental experience. As you enter your new home, you'll be greeted by hardwood floors, island kitchens, and quartz countertops, creating a sleek and contemporary living space. Each apartment is equipped with central air conditioning and heating, controlled by a digital thermostat for maximum comfort. Modern amenities include high-speed internet access, Wi-Fi, and cable-ready setups, ensuring you stay connected. The kitchens are fully outfitted with stainless steel appliances, dishwashers, and microwaves, making cooking a breeze. With features like walk-in closets, ceiling fans, and vaulted ceilings, Trouvé Apartments provide a luxurious and functional living environment that meets all your needs.

Federal Way Rental Market Trends

The rental market in Federal Way, WA, is experiencing significant growth, driven by increasing demand for modern and affordable housing. As of December 2024, the median rent in Federal Way stands at $2,173, although it has seen a recent drop of $166 from November.

Here are some key trends you should know:

  • Decreasing Rent: Despite the overall growth, median rent prices have decreased by $251 compared to the previous year.
  • Competitive Market: The market temperature indicates a relatively stable demand compared to the national average, with rent in Federal Way being 9% lower than the national median.
  • Availability: Currently, there are 109 available rentals in Federal Way, offering a range of options from $800 to $6,950 per month.
  • Neighborhood Variations: Different neighborhoods within Federal Way exhibit varying rent prices, such as Jovita with a median rent of $3,200 and Northeast Tacoma at $2,272.
  • Increasing Home Prices: While rental prices are stable, home prices in Federal Way have risen 2.5% over the last year, reflecting a competitive housing market.

Growing demand for affordable housing

As the rental market in Federal Way continues to evolve, a notable trend is the growing demand for affordable housing. You're likely to find that the need for affordable units far exceeds the current supply. Federal Way requires approximately 11,260 new housing units by 2044, with a significant portion of these needed for households making less than 50% of the Area Median Income (AMI).

The city's high home values and rising rents have increased the cost burden on many households, making it difficult for them to afford housing without sacrificing other essential expenses. To address this, government interventions, subsidies, and programs like the Low Income Housing Tax Credit are vital in incentivizing developers to create affordable housing.

Despite new developments like Trouvée Apartments, which offer modern amenities, only a small fraction of these units are designated as affordable. For instance, Trouvée has just 12 units out of 233 that are affordable to those making 50% AMI or less. This gap highlights the ongoing need for more targeted efforts to meet the demand for affordable housing in Federal Way.

Average Rent: $1,500 to $2,000 for 1-2 Bedroom Apartments

In Federal Way, WA, the average rent for 1-2 bedroom apartments has been steadily increasing, reflecting the broader trends in the local housing market. For instance, at Trouvé Apartments, rents range from $2,315 to $3,210 per month for studios to two-bedroom units, which is slightly above the average but offers upscale amenities and a prime location.

Here are some key points to take into account:

  • Proximity to I-5: Just a mile away, making it perfect for commuters.
  • Upscale Living: Enjoy modern amenities like central air conditioning, fitness centers, and a clubhouse.
  • Pet-Friendly: With no pet rent or deposit, it's a great option for pet owners.
  • Shopping and Dining: Less than a mile from shops and local restaurants, enhancing your lifestyle.
  • Commuter Convenience: Only 12 miles from Seattle-Tacoma International Airport and 22 miles from Seattle.

New Developments like Trouvé Meeting Demand for Modern Apartments

New developments like Trouvé are squarely meeting the growing demand for modern, upscale apartments in Federal Way. Located on the corner of 348th St and 1st Ave, Trouvé offers a prime location just one mile from I-5, making it ideal for commuters. This brand-new apartment community, built in 2023, features 233 units across five stories, with rentals ranging from studios to two-bedroom units, priced between $2,315 and $3,210 per month.

Trouvé boasts an array of modern amenities, including central air conditioning, hardwood floors, stainless steel appliances, and high-speed internet access. The community also offers a fitness center, clubhouse, package service, and pet-friendly facilities, enhancing the quality of life for its residents. With its proximity to shops, restaurants, and key transportation hubs, Trouvé is a standout choice in the evolving Federal Way rental market.