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Federal Way, WA Condos for Rent

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  • 4514 SW 319th Place Unit D, Federal Way, WA 98023
    4514 SW 319th Place Unit D, Federal Way, WA 98023
    4514 SW 319th Place Unit D, Federal Way, WA 98023
    /21

    $2,300 Per Month

    • 2 Beds
    • 1,202 Sq Ft
    • Condo for Rent

    4514 SW 319th Place Unit D, Federal Way, WA 98023

    Beautifully maintained 2-bedroom, 1.5-bath rental offering 1,202 sq ft of comfortable living space in a peaceful, established community. With charming curb appeal, manicured landscaping, and a welcoming covered entry, this home stands out from the moment you arrive. Inside, enjoy a bright and inviting living room with large windows and a cozy brick fireplace—perfect for relaxing evenings at home.

    Felicia Mackey Berkshire Hathaway HS NW

    4514 SW 319th Place Unit D, Federal Way, WA 98023
  • 33035 18th Place S, Federal Way, WA 98003
    33035 18th Place S, Federal Way, WA 98003
    33035 18th Place S, Federal Way, WA 98003
    /21

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 776 Sq Ft
    • Condo for Rent

    33035 18th Place S, Federal Way, WA 98003

    Beautifully updated condo of Habitat Condominiums located in Federal Way! This fully updated 2 bedRooms, 1 bath top floor/end unit condo is ready to move in! Updated kitchen with newly installed cabinets, carpet, doors, appliances & laminated flooring. Fireplace. Fresh paint. Deck off of living room has extra storage overlooking the well-maintained flowered wooded trail. Walkable & near to

    Mike Yun Better Properties RE King

    33035 18th Place S, Federal Way, WA 98003
  • 33020 10th Ave SW Unit N302, Federal Way, WA 98023
    33020 10th Ave SW Unit N302, Federal Way, WA 98023
    33020 10th Ave SW Unit N302, Federal Way, WA 98023
    /27

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,110 Sq Ft
    • Condo for Rent

    33020 10th Ave SW Unit N302, Federal Way, WA 98023

    Top corner unit at the Latitude Condominiums in Federal Way. This beautifully maintained, 3 bed/ 1.75ba home features open concept floor-plan, balcony that overlooks the greenbelt, spacious rooms and master suite with custom built in shelving/drawers. Garage #134. Amenities include: clubhouse with fitness rm; hot tub; sauna; heated pool &more. Great location near shopping, schools, bike trails,

    Joseph Schoepfer Schoepfer Real Estate, Inc.

    33020 10th Ave SW Unit N302, Federal Way, WA 98023
Washington King County Federal Way

Condos for Rent in Federal Way, WA

Frequently Asked Questions

How much does it cost to rent a condo in Federal Way, WA?
The median rent for a condo in Federal Way, WA is $2,380 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Federal Way, WA?
To comfortably afford the median rent in Federal Way, WA, a household needs to earn roughly $112,760 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,819 per month in Federal Way, WA, renters typically need to show $8,457 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Federal Way, WA?
In Federal Way, WA, the price-to-rent ratio is 18.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Federal Way, WA

There are currently 3 condos available for rent in Federal Way, WA. The median rent is $2,380 per month, with 1-bedroom condos renting at $1,400, 2-bedroom condos at $1,950 and 3-bedroom condos at $3,000.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$2,380
Median 1 Bedroom Condo Rent
$1,400
Median 2 Bedroom Condo Rent
$1,950
Median 3 Bedroom Condo Rent
$3,000
How to Rent a Home

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