Federal Way, WA Housing Statistics

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103%

Med. Home Val. NAT. AVG.

46%

Rent NAT. AVG.

15%

Owner Occ. NAT. AVG.

Federal Way Housing Information

Index	Federal Way	Washington	National
Median home price	$661,702	$491,803	$326,622
Median rent asked	$2,111	$1,565	$1,444
Avg. people per household	2.7	2.5	2.6
Owner occupied households	54.3%	62.4%	63.6%
Renter occupied households	45.7%	37.6%	36.4%

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Homes For Sale In Federal Way, WA

33229 43rd Pl S

Federal Way, WA

29237 20th Way S

Federal Way, WA

30657 1st Pl SW

Federal Way, WA

911 S 294th Pl

Federal Way, WA

Housing Quick Facts

The median home price in Federal Way is 103% higher than the national average.
The median rent asked in Federal Way is 46% higher than the national average.
The average number of people per household in Federal Way is 5% higher than the national average.
The number of owner occupied households in Federal Way is 15% lower than the national average.
The number of renter occupied households in Federal Way is 26% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Fort Lewis, WA	13,510	$0	100%
North Fort Lewis, WA	6,545	$0	100%
Ketron Island, WA	0	$0	100%
McChord AFB, WA	3,353	$0	100%
North Puyallup, WA	2,029	$387,183	19%
Federal Way, WA	100,624	$661,702	103%

Cities with similar population

	Population	Home Price	National Avg.
Rio Rancho, NM	100,592	$365,016	12%
Edinburg, TX	100,567	$242,301	26%
Nampa, ID	100,694	$340,945	4%
Erie, PA	100,285	$162,375	50%
Beaverton, OR	100,974	$729,432	123%
Federal Way, WA	100,624	$661,702	103%

Source: The Federal Way, WA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.