Real Estate in Federal Way, WA

Ready to move to Federal Way , WA? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Federal Way , WA, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Federal Way is $245,800, while the median rent for a one bedroom apartment is $1038 . The median salary in Federal Way , WA is $55,673 and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values

  $1,000,000 or More 0.5%
  $50k to $99k 3.4%
  $100k to $149k 7.9%
  $200k to $299k 39.3%
  $300k to $499k 23.7%
  $500k to $999k 6%
  Less than $50k 5.9%

$245800
Median Home Price
in Federal Way , WA

Monthly Rent

Property Tax (with Mortgage)

$1.5k to $2k 32.4%
$1k to $1.5k 26.8%
$2.5k to $3k 6.5%
$2k to $2.5k 19.8%
Property Tax $3k or more 7.3%
$500 to $999 6.9%

$1749
Median Property Tax
in Federal Way , WA

Property Tax (without Mortgage)

$1k or More 5.9%
$250 to $399 12.5%
$400 to $599 33.6%
$600 to $799 27.3%
$800 to $999 14.7%
Less than $250 6.1%
Property Tax Less $0.5k 0.4%

$245800
Median Propery Value
in Federal Way , WA

$1038
Median Rent
in Federal Way , WA