Home values, rents and more in Federal Way, WA
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Federal Way in ProMap- Under $460k
- $460k–$550k
- $550k–$600k
- $600k–$620k
- $620k+
- No data
How Federal Way compares
The typical home in Federal Way, WA is worth about $582,000, according to the Zillow Home Value Index for September 2026. Home values in Federal Way are 19% below the typical value in the Seattle metro area ($720,000) and 1.6 times the U.S. typical value ($366,000).
Over the past year, home values in Federal Way fell 0.6%, compared with −1.6% in the Seattle metro area and +1.2% nationally.
Typical rent is $1,944 a month (Zillow Observed Rent Index), 14% below the Seattle metro area ($2,250) and about the same as the U.S. ($1,932). Rents rose 3.3% over the past year.
The median household income is $86,909, against $115,177 in the Seattle metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 99,493 people live in Federal Way (American Community Survey 2020–24).
Federal Way has the 27th-lowest typical home value of the 93 cities in the Seattle metro area and the 108th-highest of 342 in Washington with Zillow figures.
Part of: King County, WA · Seattle metro area · Washington
More for Federal Way in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Federal Way, WA
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.