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

Estimate (90% margin of error)
Federal WayKing CountyWashingtonUnited States
Rental vacancy rate4.4% (±1.7 points)5.3% (±0.4 points)4.5% (±0.2 points)5.5%
Homeowner vacancy rate0.7% (±0.5 points)0.7% (±0.1 points)0.7% (±0.1 points)0.9%
Vacant housing units1,762 (±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

Nearest places with a published estimate, compared with Federal Way
PlaceDistanceRental vacancy rateCompared with this place
Federal Way—4.4% (±1.7 points)—
Lakeland North3.1 mi0.0% (±2.8 points)Lower
Lakeland South3.5 mi1.7% (±2.7 points)Not measurably different
Fife Heights3.5 mi0.0% (±67.2 points)Not measurably different
Milton4.2 mi5.0% (±6.3 points)Not measurably different
Algona4.6 mi0.0% (±21.9 points)Not measurably different
Pacific5.3 mi9.6% (±10.5 points)Not measurably different
Des Moines5.4 mi1.5% (±1.7 points)Lower
Fife5.5 mi2.2% (±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

RankPlaceRental vacancy rate
19 (tie)Maple Valley4.8% (±4.7 points)
19 (tie)Shoreline4.8% (±2.4 points)
21 (tie)Kent4.7% (±1.4 points)
21 (tie)Newcastle4.7% (±5.3 points)
23Renton4.6% (±1.5 points)
24Kirkland4.5% (±1.6 points)
25 (tie)Federal Way4.4% (±1.7 points)
25 (tie)SeaTac4.4% (±2.5 points)
27Redmond4.2% (±1.9 points)
28Mercer Island4.1% (±3.1 points)
29Auburn4.0% (±1.9 points)
30Issaquah3.7% (±2.1 points)
31Kenmore2.2% (±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.

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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

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.

Request a Census API 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 .

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