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Riverstone Apartments apartments in Federal Way, WA

Updated

Riverstone Apartments

27314 24th Ave S, Federal Way, WA 98003

3.9 (213 reviews) Official Website

Live pricing, refreshed

265
Units Listed
$1,065
Starting at
$1,495
Average
$2,225
Highest
$1.83
Per Sq Ft

How does this compare? View Federal Way, WA rent trends

Beds

Pricing by Bedroom

Studio
$1,127
from $1,065 · 35 units
~550 sqft avg
1 Bed
$1,329
from $1,230 · 69 units
~650 sqft avg
2 Bed
$1,583
from $1,450 · 134 units
~902 sqft avg
3 Bed
$1,957
from $1,815 · 27 units
~1,150 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (264)

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

$1.2M

$14M annual run rate

Modeled estimate

Est. Occupancy

74%

of about 1000 units (modeled from leasing activity)

Effective Rent on New Leases

$1,601

vs $1,495 current asking

Recent Lease Activity

270 units tracked; 5 assumed leased, 265 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

265

Very high availability

0 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.

Price vs. Federal Way 98003

Neighborhood

Comparing 4 apartments in Federal Way 98003. Click any bar to view that building.

Available Units

265 units
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #102
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #103
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #107
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #134
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #141
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #145
Studio / 1 Bath
$1,065/mo
550 ft² · $1.94/ft\u00B2 · #163
Studio / 1 Bath
$1,075/mo
550 ft² · $1.95/ft\u00B2 · #105
Studio / 1 Bath
$1,075/mo
550 ft² · $1.95/ft\u00B2 · #106
Studio / 1 Bath
$1,075/mo
550 ft² · $1.95/ft\u00B2 · #108

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.

Other Federal Way, WA Apartments

Federal Way, WA Rent Trends

See how rent prices are changing across all Federal Way, WA apartments.

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