2026 Affordability Data
Most Affordable Neighborhoods in Federal Way - 2026 Data
The median home value in Federal Way is $454,300, 61% above nat'l avg. Median rent is $2,707/month. With an affordability index of 94, Federal Way is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Federal Way, WA area.
Key Takeaways: Affordability in Federal Way
- 1The most affordable neighborhood in Federal Way is Toppenish, with a median home value of $194,600.
- 2Federal Way's median home value is $454,300, 61% above nat'l avg (national: $281,900).
- 3Federal Way's affordability index is 94 (baseline 100), making it less affordable than the national average.
- 4Median rent in Federal Way is $2,707/month, 133% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Federal Way to find the most affordable areas based on home values, rent, and affordability index.
Federal Way Affordability Overview
Median Home Value
$454,300
61% above nat'l avg
Median Rent
$2,707/mo
133% above nat'l avg
Median Income
$80,360
8% above nat'l avg
Affordability Index
94
6% below nat'l avg
Most Affordable Neighborhoods in Federal Way (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | ToppenishWA | $194,600 |
| 2 | Liberty LakeWA | $437,500 |
| 3 | Lake Forest ParkWA | $874,200 |
| 4 | SammamishWA | $1,139,100 |
| 5 | FerndaleWA | $429,000 |
| 6 | RichlandWA | $365,800 |
| 7 | MarysvilleWA | $456,600 |
| 8 | KennewickWA | $318,400 |
| 9 | East WenatcheeWA | $374,000 |
| 10 | BellevueWA | $1,139,500 |
| 11 | KentWA | $478,400 |
| 12 | RentonWA | $576,800 |
| 13 | LakewoodWA | $406,500 |
| 14 | Spokane ValleyWA | $307,700 |
| 15 | KelsoWA | $260,000 |
Detailed Neighborhood Profiles
Home Value: $194,600
Rent: $2,165/mo
Affordability: 96
Population: 8,820
Walk Score: 0/100
Home Value: $437,500
Rent: $2,707/mo
Affordability: 94
Population: 12,026
Walk Score: 0/100
Home Value: $874,200
Rent: $2,707/mo
Affordability: 94
Population: 13,462
Walk Score: 0/100
4
Home Value: $1,139,100
Rent: $2,707/mo
Affordability: 94
Population: 66,586
Walk Score: 0/100
5
Home Value: $429,000
Rent: $2,707/mo
Affordability: 94
Population: 15,130
Walk Score: 0/100
6
Home Value: $365,800
Rent: $2,707/mo
Affordability: 94
Population: 60,867
Walk Score: 0/100
7
Home Value: $456,600
Rent: $2,707/mo
Affordability: 94
Population: 70,847
Walk Score: 0/100
8
Home Value: $318,400
Rent: $2,707/mo
Affordability: 94
Population: 83,823
Walk Score: 0/100
9
Home Value: $374,000
Rent: $2,707/mo
Affordability: 94
Population: 14,065
Walk Score: 0/100
10
Home Value: $1,139,500
Rent: $2,707/mo
Affordability: 94
Population: 150,606
Walk Score: 0/100
11
Home Value: $478,400
Rent: $2,707/mo
Affordability: 94
Population: 135,169
Walk Score: 0/100
12
Home Value: $576,800
Rent: $2,707/mo
Affordability: 94
Population: 105,355
Walk Score: 0/100
13
Home Value: $406,500
Rent: $2,707/mo
Affordability: 94
Population: 63,142
Walk Score: 0/100
14
Home Value: $307,700
Rent: $2,707/mo
Affordability: 94
Population: 103,761
Walk Score: 0/100
15
Home Value: $260,000
Rent: $2,707/mo
Affordability: 94
Population: 12,661
Walk Score: 0/100
Frequently Asked Questions About Affordability in Federal Way
What is the most affordable neighborhood in Federal Way, WA?▾
Based on 2026 data, Toppenish is the most affordable neighborhood in Federal Way with a median home value of $194,600. Kurby analyzed 15 neighborhoods in the Federal Way area to compile these rankings.
What is the median home price in Federal Way, WA?▾
The median home price in Federal Way is $454,300, which is 61% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Federal Way affordable compared to the national average?▾
Federal Way has an affordability index of 94, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Federal Way, WA?▾
The median monthly rent in Federal Way is $2,707. This is 133% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Federal Way?▾
The median household income in Federal Way is $80,360 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Federal Way are below the national average home price?▾
2 out of 15 ranked neighborhoods in Federal Way have a median home value below the national average of $281,900. The most affordable is Toppenish at $194,600 (Source: Kurby, 2026).