Federal Way, WA Rental Market Trends

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Federal Way, WA

Last updated: October 19, 2025

Federal Way, WA rent trends

Rental prices in Federal Way, WA have decreased by 1.04% over the past year. The average rent moved from $1,898 to $1,878.

What's the typical rent budget in Federal Way, WA?

The largest share of rentals in Federal Way, WA (60%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Federal Way, WA?

Access comprehensive real estate data and information on Yardi Matrix

How Federal Way Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Federal Way apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.