The rental market in Federal Way, WA is a diverse and vibrant one, offering a variety of housing options to suit a wide range of tastes and budgets. Situated in the South Puget Sound region, Federal Way is home to an estimated 92,000 residents, making it the 9th largest city in Washington State. With its close proximity to Seattle and Tacoma, Federal Way is an ideal location for renters looking for a safe, affordable place to call home.
When it comes to schools, Federal Way is served by the Federal Way Public Schools district, which serves over 24,000 students. The district offers a variety of educational programs, from K-12 to adult education, and is known for its strong academic performance. Federal Way also has several private schools that offer excellent educational opportunities.
When it comes to neighborhoods, Federal Way is home to a variety of neighborhoods, each with its own unique character. From the vibrant downtown area to the more suburban neighborhoods, Federal Way has something to offer everyone. Some of the most popular neighborhoods include Twin Lakes, Dash Point, and Lakeland North.
When it comes to prices, the median rent for a one-bedroom apartment in Federal Way is around $1,400, while two-bedrooms typically
The average rental prices for apartments, townhouses, condos, lofts, and single family homes in Federal Way, WA are as follows:
Apartments: $1,400
Townhouses: $1,650
Condos: $1,700
Lofts: $1,500
Single Family Homes: $2,200
In the last 5 years, rental prices in Federal Way, WA have seen a steady increase. According to Rent Cafe, the average rent for a one bedroom apartment was $1,046 in 2015, and has steadily risen to $1,214 in 2020, an increase of 16%. The average rent for a two bedroom apartment has also seen a steady increase, with an average of $1,211 in 2015 and an average of $1,449 in 2020, an increase of 20%.
The median rental price for 1-bedroom apartments in Federal Way, WA is $1,400. The median rental price for 2-bedroom apartments in Federal Way, WA is $1,700. The median rental price for 3-bedroom apartments in Federal Way, WA is $1,995.
Federal Way School District is one of the largest school districts in the state of Washington and ranks among the top performing school districts in the United States. The district's strengths include a high graduation rate, low dropout rate, and low student-teacher ratio. Federal Way has been able to achieve these results by investing in its teachers, providing access to technology, and implementing student-centered instruction. The district also has an extensive arts and athletics program, which is highly regarded. Overall, Federal Way School District is comparable to other top performing districts in the United States.
1. Twin Lakes
2. Dash Point
3. Wildwood
4. Steel Lake
5. Lakeland South
1. Twin Lakes
2. The Lakes
3. Country Club
4. Evergreen Estates
5. The Ridge at Redondo