What is the rental vacancy rate in Federal Way, WA?
The rental vacancy rate in Federal Way, WA is 4.4% (±1.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.7% (±0.5 points).
1,762 (±401) homes, 4.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Federal Way, the rental vacancy rate went from 4.1% in 2015–2019 to 4.4% in 2020–2024 (+0.3 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 4.4% (±1.7 points)
- Homeowner vacancy rate
- 0.7% (±0.5 points)
- Vacant homes
- 1,762 (±401)
Vacancy in Federal Way against King County, its state and the nation
| Federal Way | King County | Washington | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.4% (±1.7 points) | 5.3% (±0.4 points) | 4.5% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.7% (±0.5 points) | 0.7% (±0.1 points) | 0.7% (±0.1 points) | 0.9% |
| Vacant housing units | 1,762 (±401) | 62,230 (±2,619) | 241,800 (±5,686) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Federal Way, the rental vacancy rate is not measurably different from King County (5.3%).
It is not measurably different from Washington (4.5%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Federal Way
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Federal Way | — | 4.4% (±1.7 points) | — |
| Lakeland North | 3.1 mi | 0.0% (±2.8 points) | Lower |
| Lakeland South | 3.5 mi | 1.7% (±2.7 points) | Not measurably different |
| Fife Heights | 3.5 mi | 0.0% (±67.2 points) | Not measurably different |
| Milton | 4.2 mi | 5.0% (±6.3 points) | Not measurably different |
| Algona | 4.6 mi | 0.0% (±21.9 points) | Not measurably different |
| Pacific | 5.3 mi | 9.6% (±10.5 points) | Not measurably different |
| Des Moines | 5.4 mi | 1.5% (±1.7 points) | Lower |
| Fife | 5.5 mi | 2.2% (±2.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Lakeland North, WA (0.0%), Des Moines, WA (1.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across King County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 19 (tie) | Maple Valley | 4.8% (±4.7 points) |
| 19 (tie) | Shoreline | 4.8% (±2.4 points) |
| 21 (tie) | Kent | 4.7% (±1.4 points) |
| 21 (tie) | Newcastle | 4.7% (±5.3 points) |
| 23 | Renton | 4.6% (±1.5 points) |
| 24 | Kirkland | 4.5% (±1.6 points) |
| 25 (tie) | Federal Way | 4.4% (±1.7 points) |
| 25 (tie) | SeaTac | 4.4% (±2.5 points) |
| 27 | Redmond | 4.2% (±1.9 points) |
| 28 | Mercer Island | 4.1% (±3.1 points) |
| 29 | Auburn | 4.0% (±1.9 points) |
| 30 | Issaquah | 3.7% (±2.1 points) |
| 31 | Kenmore | 2.2% (±3.0 points) |
Showing 13 of 59 places in King County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Federal Way
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Federal Way, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Federal Way beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Federal Way, and send estimates and invoices from your phone.
Questions about Federal Way
Is it hard to find a rental in Federal Way?
The rental vacancy rate in Federal Way, WA is 4.4% (±1.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Federal Way tighter than it was?
In Federal Way, the rental vacancy rate went from 4.1% in 2015–2019 to 4.4% in 2020–2024 (+0.3 percentage points), not a measurable change.
How many homes are vacant in Federal Way?
An estimated 1,762 (±401) housing units, 4.7% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Federal Way city, Washington
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Federal Way city, Washington
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Federal Way city, Washington (place:23515, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Federal Way at a glance
- Median rent in Federal Way
- Rent by bedrooms in Federal Way
- Rent burden in Federal Way
- Renters and owners in Federal Way
- Income and affordability in Federal Way
- Home values in Federal Way
- Homeowner costs in Federal Way
- Property taxes in Federal Way
- Types of homes in Federal Way
- Bedrooms in Federal Way
- Age of homes in Federal Way
- Heating fuel in Federal Way
- Commute and cars in Federal Way
- Population growth in Federal Way
- How long people stay in Federal Way
- Crowding and facilities in Federal Way
- Fair Market Rent in Federal Way
- Washington landlord and tenant rules
- Housing across King County
- Washington places ranked by rental vacancy rate
- Housing data for every place in Washington