Federal Way, WA has a population of 94,905, while the median age is 36. The household income in Federal Way, WA is around $62,086. The homeownership rate among the residents is 57%. The median residential property value in Federal Way, WA that you should keep in mind is $280,700.
|Number Of Employees||47,290|
|Median Property Value||$280,700|
|Rent Price||Sep||vs Last Month|
|1 bed rentals||$3,092||+113.2%|
|2 bed rentals||$4,194||N/A|
|3 bed rentals||$3,400||N/A|
Over the Sep 2022, the average rent for an apartment in/near Federal Way, WA increased by 141% to $3,495.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 113.2% to $3,092. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $4,194. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $3,400.
|Rent Type Price||Sep||vs Last Month|
The median rent for an apartment in Federal Way, WA increased by 143.7% to $3,533. The median rent for a house is still $3,400 with no significant changes this month.