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Ridge & Shores apartments in Federal Way, WA

Updated

Ridge & Shores

3.9 (226 reviews) Official Website

Live pricing, refreshed

19
Units Listed
$1,497
Starting at
$1,875
Average
$2,332
Highest
$2.12
Per Sq Ft

How does this compare? View Federal Way 98023 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,583
from $1,497 · 9 units
~742 sqft avg
2 Bed
$2,054
from $1,978 · 7 units
~935 sqft avg
3 Bed
$2,332
from $2,332 · 3 units
~1,190 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (29)

Largest 8 movers of 29

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$21K

$256K annual run rate

Modeled estimate

Est. Occupancy

33%

of about 30 units (modeled from leasing activity)

Effective Rent on New Leases

$2,135

vs $1,856 current asking

Recent Lease Activity

30 units tracked; 10 assumed leased, 20 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

19

Good availability

6 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

19 units

Select a unit to see its price history and link to the rental site.

1 Bed / 1 Bath Unit B308
$1,497/mo
736 ft² · $2.03/ft²

Starting base rent

Available: Contact for availability

Down $10 since Oct 13 (was $1,507)
1 Bed / 1 Bath Unit G105
$1,497/mo
736 ft² · $2.03/ft²

Starting base rent

Available: Contact for availability

Down $10 since Oct 13 (was $1,507)
1 Bed / 1 Bath Unit G101
$1,497/mo
736 ft² · $2.03/ft²

Starting base rent

Available: Contact for availability

Down $10 since Oct 13 (was $1,507)
1 Bed / 1 Bath Unit K104
$1,497/mo
736 ft² · $2.03/ft²

Starting base rent

Available: Nov 4, 2026

Down $10 since Oct 13 (was $1,507)
1 Bed / 1 Bath Unit 23D
$1,571/mo
790 ft² · $1.99/ft²

Starting base rent

Available: Nov 9, 2026

Up $14 since Oct 13 (was $1,557)
1 Bed / 1 Bath Unit E207
$1,672/mo
736 ft² · $2.27/ft²

Starting base rent

Available: Contact for availability

Down $10 since Oct 13 (was $1,682)
1 Bed / 1 Bath Unit G208
$1,672/mo
736 ft² · $2.27/ft²

Starting base rent

Available: Nov 4, 2026

Down $10 since Oct 13 (was $1,682)
1 Bed / 1 Bath Unit B201
$1,672/mo
736 ft² · $2.27/ft²

Starting base rent

Available: Oct 30, 2026

Down $10 since Oct 13 (was $1,682)
1 Bed / 1 Bath Unit B302
$1,672/mo
736 ft² · $2.27/ft²

Starting base rent

Available: Contact for availability

Down $11 since Oct 13 (was $1,683)
2 Bed / 2 Bath Unit B103
$1,978/mo
1,030 ft² · $1.92/ft²

Starting base rent

Available: Nov 8, 2026

Up $18 since Oct 13 (was $1,960)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Federal Way, WA notes

No resident notes for this property yet.

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