Rent pulse
Rents in Federal Way are $379 below the King County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
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222 Google reviews, 4.5★
Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.
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33434 8th Ave S, Federal Way, WA 98003
Orange Door Property Management is a Federal Way company that manages rental properties for owners in the Federal Way and Tacoma area, handling leasing, tenant care and vendor coordination.
In their words: “At Orange Door Property Management, we do all the work!”
Review summary: Reviewers consistently describe a responsive, caring team that makes renting easy and treats owners, tenants and vendors well.
202 S 348th St #2, Federal Way, WA 98003
RentLucky is a full-service Federal Way company serving property owners and tenants across the Puget Sound region, managing single-family homes and higher-end rental properties.
Review summary: Reviewers often mention help finding good tenants, a helpful and caring team and quick responses, though some tenants report problems.
33600 6th Ave S Suite 220, Federal Way, WA 98003
Haven Property Management is a Federal Way firm founded in 2014 that manages single-family rental homes in Federal Way, Puyallup and the greater Puget Sound area, offering leasing, management and accounting.
In their words: “Our simplified process is designed to make things easier on home owners with rental properties throughout the Greater Puget Sound.”
Review summary: Most reviewers mention responsive staff, prompt handling of maintenance requests and a smooth leasing and move-in process.
1911 SW Campus Dr, Federal Way, WA 98023
Sensible Home Management is a Federal Way company managing rental homes for investors and homeowners in South King and Pierce counties, using market knowledge and marketing tools to place tenants.
Review summary: Most reviewers describe a responsive, easy-to-work-with team, though some renters report slow repairs and move-out disputes.
1600-B SW Dash Point Rd #2019, Federal Way, WA 98023
Record Property Management is a property management company with an office in Federal Way, Washington, offering rental property management to owners in the Federal Way area.
Zaran Sayre & Associates is a Federal Way company operating in the Puget Sound area since 1981, managing single-family homes, multi-unit buildings, condos, commercial properties and HOAs in Federal Way, Tacoma and nearby communities.
Review summary: Reviewers often describe professional, responsive staff who answer questions quickly and handle maintenance requests.
Targa Real Estate Services, established in 1987 and based in Federal Way, manages multifamily, self storage, single-family, commercial and HOA properties across the Puget Sound, including Yelm, Tacoma, Puyallup and Sumner, with marketing, screening, rent collection, maintenance, budgeting and accounting.
In their words: “Our full range of property management services includes marketing, tenant screening and placement, rent collection, inspections, maintenance services, as well as financial budgeting, reporting, and accounting.”
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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the Federal Way area" and get no pin.
Get the latest rental and real estate data on the Federal Way market. We update these charts with the latest data on the 22nd of each month.
Rents in Federal Way are $379 below the King County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rent rose in 7 of the last 12 months: +$48 in all since Oct 2025.
Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Federal Way's typical asking rent is $379 (16.3%) below the county. The gap is shrinking compared with a year ago.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Federal Way is number 27 of 28 cities in the county by typical asking rent.
Cities with at least 13 months of Zillow data. Left out (too few months): Duvall, Pacific. Linked cities have their own page.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, 1-year change. Data through September 2026.
Rents here usually rise most in April, May and June, so those are good months to list your rental.
Average change from the month before, 11 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| Federal Way | $1,944 | +2.5% | 7 |
| Fife | $1,794 | +1.3% | 0 |
| Auburn | $2,032 | +3.5% | 6 |
| Tacoma | $1,773 | +2.1% | 27 |
| Sumner | $2,219 | +3.5% | 3 |
| Kent | $1,958 | +0.4% | 3 |
| SeaTac | $1,947 | +5.2% | 0 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Seattle-Bellevue, WA HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.
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Compare the 7 property management companies in Federal Way, King County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step. Highly rated managers based nearby, in Sumner and Milton, are listed below the local companies.
Zillow's typical asking rent in Federal Way is $1,944 (September 2026); +2.5% over the past year and +11.8% over five years. About 44.7% of homes in Federal Way are rented, and the rental vacancy rate is 4.4% (Census, 2020-2024).
We list 7 property management companies in Federal Way, WA.
Zillow's typical asking rent in Federal Way was $1,944 a month in September 2026, +2.5% on a year earlier.
Over the 11 years Zillow has tracked, asking rents here have risen most in April, May and June. Listing in those months can help, but every property is different.
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.