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Popular Federal Way Apartments
Club Palisades
Federal Way, Washington, 98003
1 Bedroom$715 - $920
2 Bedrooms$905 - $1,145
3 Bedrooms$1,125 - $1,370
The Reserve
Federal Way, Washington, 98023
1 Bedroom$825 - $915
2 Bedrooms$865 - $1,065
3 Bedrooms$1,230
Glen Park
Federal Way, Washington, 98023
1 Bedroom$892 - $1,173
2 Bedrooms$1,041 - $1,652
3 Bedrooms$1,316 - $2,144
The Lodge at Peasley Canyon
Federal Way, Washington, 98001
1 Bedroom$982 - $1,087
2 Bedrooms$1,107 - $1,421
3 Bedrooms$1,269 - $1,347
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If you are a new family and seeking a new place, it doesn't matter what price range you are looking in, Federal Way has the ideal new apartment for you.
Want the inside scoop on Federal Way? Check out our Federal Way Local Talk for local tips and information about Federal Way. You can also get answers to your Federal Way questions from our local experts by using the "Ask a Question" feature.
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Federal Way Apartment Rental Market
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Household Income
Household Income City State City Compared to State Less than $10,000 6.4% 7.6% -1.2% $10,000 to $14,999 3.6% 5.5% -1.9% $15,000 to $19,999 4.7% 5.6% -0.9% $20,000 to $24,999 5.9% 6.1% -0.2% $25,000 to $29,999 6.8% 6.2% +0.6% $30,000 to $34,999 5.2% 6.3% -1.1% $35,000 to $39,999 6.0% 6.0% +0.0% $40,000 to $44,999 6.6% 5.8% +0.8% $45,000 to $49,999 5.6% 5.3% +0.3% $50,000 to $59,999 11.0% 9.7% +1.3% $60,000 to $74,999 13.1% 11.7% +1.4% $75,000 to $99,999 12.4% 11.6% +0.8% $100,000 to $124,999 6.0% 5.7% +0.3% $125,000 to $149,999 2.7% 2.6% +0.1% $150,000 to $199,999 2.2% 2.1% +0.1% $200,000 or more 1.8% 2.2% -0.4% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 3.9% 4.8% -0.9% 10.0% to 14.9% 10.8% 10.3% +0.5% 15.0% to 19.9% 16.0% 14.5% +1.5% 20.0% to 24.9% 14.6% 13.9% +0.7% 25.0% to 29.9% 11.9% 11.5% +0.4% 30.0% to 34.9% 9.5% 8.3% +1.2% 35.0% to 39.9% 5.2% 5.7% -0.5% 40.0% to 49.9% 7.9% 7.2% +0.7% 50.0% or more 17.2% 17.8% -0.6% Not computed 3.1% 5.9% -2.8% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 15.0% 14.4% +0.6% 25 to 34 years 32.3% 29.1% +3.2% 35 to 44 years 24.2% 22.8% +1.4% 45 to 54 years 14.3% 14.8% -0.5% 55 to 64 years 6.3% 7.2% -0.9% 65 to 74 years 3.8% 4.6% -0.8% 75 to 84 years 2.9% 4.5% -1.6% 85 years and over 1.2% 2.5% -1.3% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 25.5% 35.4% -9.9% 30 to 44 minutes 28.6% 24.8% +3.8% 45 to 59 minutes 18.0% 13.3% +4.7% 60 or more minutes 27.9% 26.5% +1.4%
Source: 2000 Census
Federal Way, Washington
Federal Way is a city located halfway between Seattle and Tacoma and has a population of just over 88,000 people. Federal Way is a relatively new city, and was only incorporated in 1990. The city is home to Weyerhaeuser, one of the largest timber owners in the world. The upside to this is that the company has made its vast landing holdings available for public use in the form of botanical gardens and extensive parks.You'll find when you start your Federal Way apartment search that there are many multi-structured buildings which are beautifully landscaped.
Celebrate!
Celebration Park is one of the biggest park areas, and it has many trails and facilities. Aside form Weyerhaeuser's contributions, Federal Way has also developed and built a number of lake front and neighborhood parks and recreational areas. The Wild Waves theme park is very popular and is a major attraction for tourists as well as locals. There is a Symphony Tower in the works which will bring classical music to Kent.
Authentic Asian Barbeque
Get ready for fantastic Asian cuisines in Federal Way. Between the large number of Thai, Chinese, Korean and Japanese restaurants, you may never want a burger again.Kokiri for Korean gets the highest rankings of any restaurant in town and is fantastic for its authentic Korean barbeque and great service. Check out Koharu for incredible sushi and Grand Peking for its special duck. La Casa Bella offers superb Italian cooking and if it is the burger you crave, get yourself over to Jimmy Mac's Roadhouse. Your Federal Way apartment won't be far from good restaurants, and it will be fun to find your new favorites.
Sports Pubs
For nights out, try out the Scoreboard Pub which is a full service sports bar and restaurant. The people are so friendly that it may become a favorite. The Shindig Martini Bar is a good gathering place as well. Both Tacoma and Seattle have a number of dance clubs, night clubs and dive bars so you'll want to try those out as well.
Your Federal Way apartment will offer a great lifestyle!
Average Apartment Rent in Federal Way, Washington
| # Bedrooms | Apr | Mar | Feb | 3 Month % change |
|---|---|---|---|---|
| Studio | N/A | N/A | N/A | 0% |
| 1 Bed | $850 | $870 | $834 | 1.9% |
| 2 Bed | $972 | $1,011 | $979 | -0.7% |
| 3 Bed | $1,304 | $1,271 | $1,241 | 5.1% |
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Federal Way Apartment Rental Trends
Apartments in Federal Way have competitive rents so be sure to use our apartment finder to get the best deal. In February the average rent for a 1 Bedroom Federal Way apartment cost $834. If you need a roommate, try finding a 2 bedroom apartment rental. An average 2 bedroom Federal Way apartment was $979 in February. The average apartment rent for a 3 bedroom apartment in February was $1,241. Start your apartment search by checking out some of the Federal Way rentals listed below.Popular Federal Way Apartments Searches
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Rent Apartments Near Federal Way, Washington
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Map & Local Information
Local Talk
Get answers about Federal Way from local experts or tell us what you love about it.
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How is the school system in FederalWay?
Federal Way's school district not only calls itself a "leader in continual innovation among public schools in the state and nation", they have the studies to back it up. In 2004, Federal Way's schools were named in a list of the 10 highest performing districts in the state. The school system focuses on professional development and staff coaching, as it believes this is the key to educational success. The school system includes 23 elementary schools, 7 middle schools, and 5 high schools. Advanced placement curriculums are available at all high schools, and some also feature IB programs.
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How far is the airport from downtown Federal Way and can I get there easily and cheaply?
Federal Way is within a short distance of several local airports. Seattle-Tacoma International Airport and Boeing Field-ing County International Airport are both about 20 to 30 minutes from downtown, depending on traffic. Spanaway Airport is also just a quick 35-45 drive from the city. Travelers can take a variety of different transportation services to the airports to fit any budget including taxis, shuttle services, and limousines.
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What neighborhoods in Federal Way are good for eating out?
There are many good neighborhoods for eating out in Federal Way. One of the areas with the highest concentration of restaurants in Federal Way is at the intersection of Pacific Highway and 320th Street. The stretch of 320 between Pacific Highway and 5 is particularly dense with eateries. Another area with many dining options lies to the south at the intersection of Pacific Highway and 348th Street.
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Why should I move to Federal Way?
With a population of over 89,000, Federal Way is a city in King County, Washington. With Puget Sound as its western boundary, Federal Way is a great place for those that sail, fish, or boat, or just enjoy being near the ocean. Located between Seattle and Tacoma, Federal Way is ideal for those that need to commute to either city but prefer to live in a smaller, more manageable community. For families with school-age children, Federal Way boasts an excellent school system. Public education is primarily provided by the Federal Way School District, which was rated better than 70.6 percent of school districts in Washington and 67.2 percent of school districts in the country.