Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Federal Way, WA Rental Market Trends

Highlights

The average rent for an apartment in Federal Way is $1,474, a 4% increase compared to the previous year, when the average rent was $1,419.

Average Rent in Federal Way, WA

Last updated February 2020

Average Rent	Y-o-Y Change	Average Apartment Size
$1,474	4%	882 sq. ft.

The average size for a Federal Way, WA apartment is 882 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Federal Way, WA Apartment Rent Ranges

$701-$1,0003%
$1,001-$1,50053%
$1,501-$2,00042%
> $2,0002%

Federal Way, WA Occupied Housing Units

Renter-occupied Households31%
Owner-occupied Households68%

11,049 or 31% of the households in Federal Way, WA are renter-occupied while 23,874 or 68% are owner-occupied.

Federal Way, WA Rent Trends

Average Rent	Mar / 2017	Jul / 2017	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Feb / 2020
Federal Way, WA	$1,287	$1,365	$1,369	$1,347	$1,349	$1,446	$1,419	$1,449	$1,473	$1,474
National	$1,337	$1,368	$1,371	$1,374	$1,408	$1,417	$1,422	$1,458	$1,466	$1,468

How Federal Way Compares to Other Cities

	Average Rent	Y-o-Y Change
Seattle	$2,169	6%
Tacoma	$1,362	6%
Kent	$1,546	7%
Everett	$1,477	6%
Vancouver	$1,337	4%
Bellevue	$2,334	6%
Renton	$1,792	7%
Federal Way	$1,474	4%
Puyallup	$1,528	6%
Auburn	$1,454	5%
Fife	$1,365	5%

For more information about the Federal Way rental trends, check out our monthly rent report

Check out Washington Cities, Washington Neighborhoods and Washington Zip Codes for more details on verified listings, including the Washington Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

Cheapest Listings on RENTCafé

Meridian Court Senior Affordable Apartments

$849 - $1,539

1-2 Beds
1 Bath
431 - 678 Sq.Ft.

TRADITIONS AT FEDERAL WAY

Contact for Pricing

Studio-2 Beds
1 Bath
468 - 974 Sq.Ft.

THE UNION

$1,120 - $2,336

Studio-2 Beds
1 Bath
432 - 842 Sq.Ft.

Bayview Apartment Homes

$1,215 - $1,595

Studio-2 Beds
2 Baths
400 - 910 Sq.Ft.

CLUB PALISADES

$1,259 - $3,235

1-3 Beds
1-2 Baths
584 - 1,221 Sq.Ft.

The Cove

$1,260 - $2,200

1-2 Beds
1-2 Baths
668 - 968 Sq.Ft.

Crestview West Apartments

$1,287 - $1,539

Studio-2 Beds
1-1.5 Baths
430 - 1,018 Sq.Ft.

Soundview

$1,305 - $2,550

1-2 Beds
1 Bath
710 - 865 Sq.Ft.

Kitts Corner

$1,314 - $2,184

1-5 Beds
1-3 Baths
820 - 1,681 Sq.Ft.

Park 16

$1,314 - $2,186

1-5 Beds
1-3 Baths
653 - 1,543 Sq.Ft.

Sunset Three Twenty

$1,314 - $3,897

1-3 Beds
1-2 Baths
750 - 1,500 Sq.Ft.

Uptown Square

$1,317 - $2,182

1-5 Beds
1-3 Baths
778 - 1,790 Sq.Ft.

Porchlight

$1,322 - $1,749

1-3 Beds
1-2 Baths
750 - 1,125 Sq.Ft.

The Commons

$1,340 - $2,353

1-2 Beds
1-1.5 Baths
700 - 1,050 Sq.Ft.

Miro

$1,380 - $1,831

1-3 Beds
1 Bath
492 - 1,300 Sq.Ft.

Barkley Ridge Apartments

$1,495

1-3 Beds
1-2 Baths
679 - 1,220 Sq.Ft.

The Ridge And The Shores

$1,520 - $3,100

1-3 Beds
1-2 Baths
736 - 1,190 Sq.Ft.

Enchanted Woods

$1,522 - $1,968

1-3 Beds
1-2 Baths
652 - 1,290 Sq.Ft.

ALIGN

$1,689 - $4,781

2-3 Beds
1-2 Baths
878 - 1,169 Sq.Ft.

View more properties

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Federal Way apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.