Cheap Houses for Rent in Federal Way, WA

34 rentals

Apartments For Rent Near Federal Way, WA

We found 30 more apartments matching your filters just outside Federal Way

Average Rent Trends in Federal Way, WA

Rent in Federal Way, WA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jun 2025$2,995
Jul 2025$3,200
Aug 2025$3,300
Sep 2025$3,290
Oct 2025$3,062
Nov 2025$3,150
Dec 2025$3,100
Jan 2026$3,300
Feb 2026$3,150
Mar 2026$3,350
Apr 2026$3,193
May 2026$3,249
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,588$1,863$2,578$3,066$2,055
Townhomes$2,000$2,750——$2,300
Apartments and Condos$1,422$2,099$2,400—$2,245
Houses—$1,995$3,300$3,250$3,250
See more information about local market trends in Federal Way, WA

Frequently Asked Questions about Houses for rent in Federal Way, WA

  • What is the average rent of a house in Federal Way, WA?
    The average rent of a house in Federal Way, WA is $3,075 per month. This is about 59% higher than the national average.
  • When is the average rent cheapest in Federal Way, WA?
    In the last year, the average rent in Federal Way, WA was lowest in Jan 2025 when it was $2,950 per month.
  • When is the average rent most expensive in Federal Way, WA?
    In the last year, the average rent in Federal Way, WA was highest in Aug 2025 when it was $3,300 per month.
  • How many houses are available to rent in Federal Way, WA?
    There are 34 available houses to rent in Federal Way, WA.
  • What are some neighborhoods in Federal Way, WA?
    Some neighborhoods in Federal Way, WA include: Twin Lakes, West Campus, Mirror Lake, Steel Lake, Redondo.
  • What are some zip codes in Federal Way, WA?
    Federal Way, WA includes zip codes such as: 98023, 98003, 98063, 98093.
  • What are some cities near Federal Way, WA?
    Some nearby cities include: Milton, Algona, Pacific, Fife, Auburn. These cities may have more rental options to explore.