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Building 5, Leasing Center - Pavilion Apartment Homes

1900 SW Campus Dr, Federal Way, WA 98023, USA

5 (2 reviews) Official Website

Live pricing, refreshed

25
Units Listed
$1,522
Starting at
$2,030
Average
$2,655
Highest
$2.03
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Federal Way 98023 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,590
from $1,522 · 4 units
~711 sqft avg
2 Bed
$1,938
from $1,809 · 11 units
~977 sqft avg
3 Bed
$2,308
from $2,197 · 10 units
~1,146 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 (21)

Largest 8 movers of 21

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: stated by the property itself
  • 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: high (building size is reported).

Est. Monthly Revenue

$915K

$11M annual run rate

Est. Occupancy

95%

of about 518 units (reported building size)

Effective Rent on New Leases

$1,855

vs $2,030 current asking ($175 negotiation gap)

Recent Lease Activity

64 units tracked; 39 assumed leased, 25 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

25

Very high availability

12 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 98023

Neighborhood

Comparing 5 apartments in Federal Way 98023. Click any bar to view that building.

See Federal Way 98023 rent trends on the Federal Way, WA map Explore Federal Way, WA on the interactive map

Available Units

25 units
1 Bed / 1 Bath Metro 2a
$1,522/mo
698 ft² · $2.18/ft² · #46-102
1 Bed / 1 Bath Metro 2a
$1,599/mo
698 ft² · $2.29/ft² · #28-103
1 Bed / 1 Bath Metro 1b
$1,609/mo
723 ft² · $2.23/ft² · #12-106
Up $50 since Aug 15 (was $1,559)
1 Bed / 1 Bath Metro 1b
$1,629/mo
723 ft² · $2.25/ft² · #04-101
Up $50 since Aug 15 (was $1,579)
2 Bed / 1 Bath Accent 1
$1,809/mo
878 ft² · $2.06/ft² · #03-202
Down $50 since Aug 15 (was $1,859)
2 Bed / 2 Bath Trimonti 2a
$1,833/mo
980 ft² · $1.87/ft² · #44-103
2 Bed / 1 Bath Accent 2
$1,899/mo
878 ft² · $2.16/ft² · #35-202
Down $50 since Aug 15 (was $1,949)
2 Bed / 2 Bath Trimonti 1a
$1,928/mo
980 ft² · $1.97/ft² · #09-302
2 Bed / 1 Bath Capri 1
$1,949/mo
1,000 ft² · $1.95/ft² · #19-302
Down $50 since Aug 15 (was $1,999)
2 Bed / 2 Bath Trimonti 1b
$1,953/mo
1,005 ft² · $1.94/ft² · #09-304
Up $30 since Aug 15 (was $1,923)

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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Federal Way 98023 Rent Trends

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