Mid-term rental data

Federal Way, WA mid-term rental market data

We track 80–160 active furnished monthly (30+ night) rental listings in Federal Way, WA. The rent range is $1,500–$3,200. Sign in to view the real market rent and listing count. Data updated July 2026.

Pricing by bedroom

AMR and listing counts per unit type in Federal Way, WA.

Who lives in Federal Way, WA

U.S. Census demographics behind monthly demand.

Population
101,803
Median income
$85,690
Median age
38
Renter-occupied
43%
Median home value
$484,458

Local economy

BLS employment for King County.

Unemployment
4.9%

See the full picture with Pro

Comparables, demand drivers, rent trends, seasonality, regulations, and deal underwriting for Federal Way, WA.

Real 30+ night comparables

Every active 30+ night marketplace listing in Federal Way, WA, with photos and asking rents.

Demand drivers & deal underwriting

Hospitals, universities, and employers driving MTR demand in Federal Way, WA, plus cap rate, cash-on-cash, and DSCR on any property.

Rent trends

Month-over-month AMR for Federal Way, WA, so you can see where pricing is heading.

Seasonality

Which months book strongest in Federal Way, WA. Plan pricing and turnovers around real demand.

Local regulations

Whether 30+ night rentals are allowed in Federal Way, WA, short-term-rental rules, and HOA / zoning caveats to check before you buy.

Market opportunities

AI-surfaced opportunities and risks for Federal Way, WA: underserved unit types, demand spikes, and where supply is thin.

Mid-term rentals in Federal Way, WA: FAQ

What is the rent range for a furnished monthly rental in Federal Way, WA?
The rent range for a furnished 30+ night rental in Federal Way, WA is $1,500–$3,200. Sign in to view the real market rent. The listing range is 80–160 active 30+ night listings as of July 2026.
How many furnished monthly rentals are there in Federal Way, WA?
The listing range for active 30+ night rentals in Federal Way, WA is 80–160 as of July 2026. Sign in to view the real listing count.
Are mid-term rentals legal in Federal Way, WA?
Rules are set locally. Most U.S. cities regulate short-term rentals (stays under 30 nights) and treat furnished stays of 30+ nights as ordinary tenancies, but some cities draw the line at a different length or limit furnished rentals in certain zones. Check Federal Way, WA's current ordinance, plus HOA, lease, and zoning rules, before you buy or list.

Sources and methodology

The rent range and listing range come from active furnished monthly (30+ night) marketplace listings tracked by MTR Analytics as of July 2026. Sign in to view the real market rent and listing count. The real rent is the average asking monthly rent over up to the 12 most recent complete months. Demographics are U.S. Census Bureau ACS 5-year estimates. Employment is U.S. Bureau of Labor Statistics data for King County. How these numbers are built.

Cite this page: MTR Analytics, “Federal Way, WA mid-term rental market data,” July 2026, https://mtranalytics.com/mid-term-rental-data/washington/federal-way.

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