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Homes & Apartments for Rent in Federal Way, WA

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Viewing 21-40 of 47 rentals in Federal Way
What to Know About

Life in Federal Way & Beyond

Federal Way shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Federal Way, WA

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As of November 2026, Federal Way's rental market is stable, with rentals spending about 28 days on the market, faster than in Washington (30), and rents down 3.3% over the past year. Federal Way's average rent is 1.9% ($38) lower than the Washington average of $1,999 and 3.7% ($75) lower than the U.S. average of $2,036.

Average Rent
$1,961
Monthly ChangeMonth Over Month Change
Decreased0.16% ($3)
Yearly ChangeYear Over Year Change
Decreased3.3% ($66)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,553 Decreased0.11% ($2) Decreased1.7% ($27)
2 Beds $1,799 Decreased0.18% ($3) Decreased1.4% ($26)
3 Beds $2,470 Decreased0.06% ($1) Decreased3.0% ($76)
Nearby Cities Average Rent Avg. Rent vs. Federal WayAverage Rent vs. Federal Way Days on Market
Pacific $1,863 Decreased5.0% ($98) 30 days
Auburn $2,193 Increased11.8% ($232) 29 days
Milton $1,935 Decreased1.3% ($26) 30 days
Fife $2,022 Increased3.1% ($61) 31 days
Kent $2,146 Increased9.4% ($185) 27 days
Based on rentals advertised on RentalSource in and around Federal Way.
Frequently Asked Questions
Federal Way Rental Market FAQs

Explore rental prices, market conditions, and affordability in Federal Way, WA.

The average rent in Federal Way, WA is $1,961 per month.
In Federal Way, the average rent is $1,553 per month for a 1-bedroom home, $1,799 for a 2-bedroom home and about $2,470 for a 3-bedroom home.
The average rent in Federal Way is 3.7% ($75) lower than the national average of $2,036 per month.
The rental market in Federal Way, WA is currently stable, with rentals spending about 28 days on the market, faster than in Washington (30), and rents down 3.3% over the past year.
Based on the current averages, a household would need an annual income of $72,000 to comfortably afford a 2-bedroom home in Federal Way.
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