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Federal Way, WA House for Rent

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    $2,750 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    2611 SW 333rd Place, Federal Way, WA 98023

    This pet-friendly home features modern finishes and a functional layout with ample kitchen storage, spacious living areas, and abundant natural light throughout. The private yard offers space suitable for gardening or outdoor relaxation. Conveniently located near schools, parks, dining, and local amenities. Technology-enabled maintenance services provide added convenience.

    Stephen Sibiga Main Street Renewal LLC

    2611 SW 333rd Place, Federal Way, WA 98023

Frequently Asked Questions

How much does it cost to rent a single-family home in Federal Way, WA?
The median rent for a single-family home in Federal Way, WA is $2,950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses 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 18.2, 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

Rental Home Trends

Number of Houses for Rent
1
Median Single Family Home Rent
$2,950
Median 3 Bedroom Single Family Home Rent
$2,795
Median 4 Bedroom Single Family Home Rent
$3,240
How to Rent a Home