Average Rent in Federal Way, WA
12 apartment buildings, 344 units. Real asking prices, refreshed daily.
Avg Rent
$1,585/mo
Cheapest
$1,065/mo
Properties
12
Units
344
Analysis
Rent Price Breakdown
Compare pricing across all 12 properties in Federal Way, WA.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Federal Way, WA Rent Prices
All 12 properties ranked by lowest available rent.
Riverstone Apartments
27314 24th Ave S, Federal Way, WA 98003, USA
The BLVD
2136 S 272nd St, Kent, WA 98032, USA
The Fairways
4901 Fairwood Blvd NE, Tacoma, WA 98422, USA
Building 5, Leasing Center - Pavilion Apartment Homes
1900 SW Campus Dr, Federal Way, WA 98023, USA
Uptown Square Apartments
1066 S 320th St, Federal Way, WA 98003, USA
Haven Property Management
33600 6th Ave S Suite 220, Federal Way, WA 98003, USA
AMH
3450 S 344th Way Suite 105, Federal Way, WA 98001, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Riverstone Apartments 27314 24th Ave S, Federal Way, WA 98003, USA | $1,065 | $1,489 | $1.83 | 3.9 (213) | 264 |
| 2 | The BLVD 2136 S 272nd St, Kent, WA 98032, USA | $1,295 | $1,449 | $1.93 | 3 (82) | 7 |
| 3 | The Fairways 4901 Fairwood Blvd NE, Tacoma, WA 98422, USA | $1,515 | $1,911 | $2.26 | 3.5 (380) | 45 |
| 4 | Building 5, Leasing Center - Pavilion Apartment Homes 1900 SW Campus Dr, Federal Way, WA 98023, USA | $1,558 | $2,029 | $2.02 | 5 (2) | 20 |
| 5 | Uptown Square Apartments 1066 S 320th St, Federal Way, WA 98003, USA | $1,645 | $1,836 | $1.81 | 3.3 (247) | 6 |
| 6 | Haven Property Management 33600 6th Ave S Suite 220, Federal Way, WA 98003, USA | $2,100 | $2,250 | $1.97 | 4.5 (214) | 2 |
| 7 | AMH 3450 S 344th Way Suite 105, Federal Way, WA 98001, USA | -- | -- | -- | 4.8 (112) | 0 |
Explore Each Property
Riverstone Apartments
3.9 (213)27314 24th Ave S, Federal Way, WA 98003, USA
The BLVD
3 (82)2136 S 272nd St, Kent, WA 98032, USA
The Fairways
3.5 (380)4901 Fairwood Blvd NE, Tacoma, WA 98422, USA
Building 5, Leasing Center - Pavilion Apartment Homes
5 (2)1900 SW Campus Dr, Federal Way, WA 98023, USA
Uptown Square Apartments
3.3 (247)1066 S 320th St, Federal Way, WA 98003, USA
Haven Property Management
4.5 (214)33600 6th Ave S Suite 220, Federal Way, WA 98003, USA
Federal Way, WA Average Rent Prices 2026
The average rent in Federal Way, WA is $1,585 per month, based on 344 units across 12 apartment communities. Prices range from $1,065 at Riverstone Apartments to $2,100 at Haven Property Management.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,130/mo | $1,065/mo | 36 |
| 1 Bed | $1,401/mo | $1,230/mo | 100 |
| 2 Bed | $1,653/mo | $1,450/mo | 163 |
| 3 Bed | $2,108/mo | $1,815/mo | 44 |
| 4 Bed | $2,478/mo | $2,478/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Federal Way, WA, and what they pay
Tracked one-bedroom rent in Federal Way, WA averages $1,401/mo, with two-bedroom units averaging $1,653/mo. At the local median household income of $82,144, that works out to 23% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Federal Way, WA at $1,738/mo. The current tracked market average runs 9% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Federal Way, WA while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Federal Way, WA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$63,000/year
30 percent rule -- using our average rent of $1,585/mo.
Comfortable income
$76,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,065/mo), you need to earn at least $43,000/year.
Median household income in Federal Way, WA is $82,144 , about 8% above the comfortable-living threshold.
Cost of living in Federal Way, WA
Overall prices in Federal Way, WA runs above the national average by about 13% (BEA Regional Price Parity index 112.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Federal Way, WA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,585 |
| Utilities | $652 |
| Groceries | $584 |
| Transportation | $1,553 |
| Healthcare | $758 |
| Other goods and services | $1,212 |
| Estimated total | $6,344/mo |
Population
99,232
Median household income
$82,144
Census median rent
$1,738/mo
Rent as % of income
33.7%
Median age
37.6
Mean commute
32 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Washington
How Federal Way, WA rent compares to other markets in the state.
| City | Avg Rent | vs Federal Way, WA | Properties |
|---|---|---|---|
| Seattle, WA | $2,847 | +80% | 51 |
| Renton, WA | $1,778 | +12% | 15 |
| Kent, WA | $1,598 | +1% | 15 |
| Bellevue, WA | $2,121 | +34% | 15 |
| Spokane Valley, WA | $1,477 | -7% | 11 |
| Vancouver, WA | $2,445 | +54% | 10 |
Frequently asked questions
What is the average rent in Federal Way, WA?
The average rent in Federal Way, WA is $1,585 per month, based on 344 units across 12 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Federal Way, WA?
The lowest available rent in Federal Way, WA starts at $1,065 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Federal Way, WA?
1-bedroom apartments in Federal Way, WA average $1,401/mo. The lowest listed 1-bedroom starts at $1,230/mo across 100 units tracked.
How much is a 2-bedroom apartment in Federal Way, WA?
2-bedroom apartments in Federal Way, WA average $1,653/mo. Units start from $1,450/mo across 163 units currently listed.
Rent Trends in Federal Way, WA
Track how apartment prices are changing over time.
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