Apartments for Rent in Federal Way, WA

Prices and availability in Federal Way, WA were last updated on 13 Jul 2026.

The best apartments in Federal Way, WA are: Arcadia Townhomes, Sunset Three Twenty, Ridge & Shores, The Cove and Encore Apartment Homes.

The average rent in Federal Way, WA is $1,885.

The price range for a studio apartment in Federal Way, WA is between $1,200 and $3,210.

The price range for a 1-bedroom apartment in Federal Way, WA is between $710 and $2,850.

The price range for a 2-bedroom apartment in Federal Way, WA is between $790 and $3,350.

The price range for a 3-bedroom apartment in Federal Way, WA is between $1,030 and $4,824.

In Federal Way 45% of the housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 15% of Federal Way's apartments are found in large buildings of 50 units or more, 68% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Federal Way are about 37 years old, on average. Of these, 14% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 9% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Federal Way are around 1.0% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.