Luxury Apartments for Rent in Federal Way, WA
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SPECIAL OFFERPET FRIENDLY$1,770 - $3,350/mo
1-2 Beds
1-2 BathsThe Residences at Stone Creek | 1211 S 376th St,
Milton, WA 98354
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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 Oct 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,980 |
| Dec 2025 | $2,000 |
| Jan 2026 | $1,877 |
| Feb 2026 | $1,950 |
| Mar 2026 | $1,979 |
| Apr 2026 | $2,050 |
| May 2026 | $2,081 |
| Jun 2026 | $2,001 |
| Jul 2026 | $2,049 |
| Aug 2026 | $2,000 |
| Sep 2026 | $2,025 |
| Oct 2026 | $2,212 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,595 | $1,880 | $2,688 | $3,256 | $2,190 |
| Townhomes | — | $2,650 | $2,875 | — | $2,650 |
| Apartments and Condos | $1,700 | $2,000 | $2,500 | $2,795 | $2,100 |
| Houses | $3,350 | $2,500 | $3,182 | $3,450 | $3,250 |
Frequently Asked Questions about Rentals in Federal Way, WA
- What is the average rent of an apartment in Federal Way, WA?The average rent of an apartment in Federal Way, WA is $1,760 per month. This is about 9% lower 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 Mar 2025 when it was $1,901 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 Jun 2025 when it was $2,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Federal Way, WA?The average rent of a 1 bedroom apartment in Federal Way, WA is $1,595 per month. That is about $145 more than the cost of a studio apartment.
- How many available rental listings are in Federal Way, WA?There are 152 available rental listings 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?
- What are some cities near Federal Way, WA?
View this page in Spanish: Apartamentos de lujo en renta en Federal Way, WA - 598 Rentas | Trulia