Kent / Federal Way, WA
April 2026
98003,98023,98030,98032
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,566 – $1,730 | 4.51% | 1.25% |
| 2-Bedroom | $1,763 – $1,948 | 2.02% | -2.96% |
| 3-Bedroom | $2,264 – $2,502 | 1.67% | -1.61% |
| 4-Bedroom | $3,944 – $4,421 | -0.93% | -4.48% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,650 – $1,735 | 0.94% | 0.72% |
| 2-Bedroom | $1,870 – $1,966 | 0.86% | 0.18% |
| 3-Bedroom | $2,455 – $2,607 | 0.15% | 0.41% |
| 4-Bedroom | $4,320 – $4,633 | -0.09% | 1.36% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,652 – $2,816 | 0.30% | 2.99% |
| 2-Bedroom | $2,511 – $2,747 | -6.90% | -11.97% |
| 3-Bedroom | $2,937 – $3,213 | 3.27% | 1.50% |
| 4-Bedroom | $3,332 – $3,683 | 0.80% | -2.15% |
In the Kent / Federal Way (98003, 98023, 98030, 98032) rental market, 1-bedroom apartments now command a median rent of $1,648 after a notable month-over-month gain of 4.51%. Year-over-year growth stands at 1.25%, marking a clear upward movement among smaller apartment units within Kent / Federal Way (98003, 98023, 98030, 98032).
Renters seeking larger homes in Kent / Federal Way (98003, 98023, 98030, 98032) find 3-bedroom single-family rentals priced at $3,075, outpacing 3-bedroom apartments by $692. The single-family segment recorded a 3.27% month-over-month rise, while apartments of the same size reported a 1.67% gain, highlighting stronger pricing in detached units.
Current Kent / Federal Way (98003, 98023, 98030, 98032) rental trends indicate that 2-bedroom condo/townhome units reached $1,918, with a 0.86% month-over-month and 0.18% year-over-year increase. This contrasts with 2-bedroom apartments, which saw YoY rents fall 2.96%, suggesting relative strength in the condo/townhome segment.