Long-term Rental Rates — September 2026 · ZIPs: 98003,98023,98030,98032
Local market data by Estaite
As of September 2026, rental prices in Kent / Federal Way (98003, 98023, 98030, 98032), in the Seattle metro area, range from $1,622 to $4,623 per month depending on property type and bedroom count.
The largest year-over-year change was seen in 4BR apartments, which declined 23.99% in Kent / Federal Way, WA.
For 1BR units, single-family homes ($2,868) have notably higher median rents compared to apartments ($1,622) and condos/townhomes ($1,691).
What is the rent range for Kent / Federal Way, WA as of September 2026?
As of September 2026, rents in Kent / Federal Way, WA range from $1,622 for a 1BR apartment up to $4,623 for a 4BR condo/townhome.
Are there any segments in Kent / Federal Way, WA with unusual price movements or outlier numbers?
Yes, 4BR apartments in Kent / Federal Way, WA saw an unusually large year-over-year decline, with rents down 23.99% to $3,463 in September 2026.
For which bedroom count does one property type dramatically outperform the others in Kent / Federal Way, WA?
Single-family homes dramatically outperform other property types for 1BR units, with a median rent of $2,868 versus $1,622 for apartments and $1,691 for condos/townhomes.
Which segment led annual rent growth in Kent / Federal Way, WA, and was the growth broad or concentrated?
The biggest annual rent increase was for 1BR single-family homes, which grew 3.38% year-over-year to $2,868 in September 2026; this performance is concentrated in the 1BR single-family segment and not seen across all single-family bedrooms, as other single-family types declined.
Kent / Federal Way, WA· Seattle metro
September 2026
98003,98023,98030,98032
Long-term Rental Rates
Long-term rental rates for Kent / Federal Way (98003,98023,98030,98032), in the Seattle metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,541 – $1,703
1.87%
-3.80%
2-Bedroom
$1,810 – $2,000
0.54%
-3.31%
3-Bedroom
$2,284 – $2,525
-1.69%
-3.08%
4-Bedroom
$3,272 – $3,653
-18.14%
-23.99%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,648 – $1,733
0.78%
-1.24%
2-Bedroom
$1,885 – $2,009
-1.27%
-3.03%
3-Bedroom
$2,529 – $2,685
2.89%
2.96%
4-Bedroom
$4,461 – $4,785
0.09%
-1.36%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,762 – $2,936
2.43%
3.38%
2-Bedroom
$2,663 – $2,914
-3.50%
-11.94%
3-Bedroom
$2,856 – $3,169
0.90%
-3.60%
4-Bedroom
$3,248 – $3,605
0.89%
-4.84%
Data updated: October 19, 2026
Kent / Federal Way Rental Trends · Seattle metro
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.