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2025 Compare Cities Housing:
Anchorage, AK vs Federal Way, WA

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Highlights
- The median age of a home in Anchorage is 5.1% older than the median age of a home in Federal Way.
 Anchorage, AKFederal Way, WAUnited States
 Median Home Age39  Unlock42
 Median Home Cost  Unlock$542,500$338,100
 Home Appr. Last 12 months8.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.9%57.0%
 Home Appr. Last 10 yrs.39.2%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned56.8%  Unlock57.4%
 Housing Vacant  Unlock4.8%11.2%
 Homes Rented33.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Anchorage, AKFederal Way, WAUnited States
 Average Rent  Unlock$2,530$1,840
 Studio Apartment$1,010  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,630$1,180
 2 Bedroom Home or Apartment$1,460  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,560$1,860
 4 Bedroom Home or Apartment$2,490  Unlock$2,160
 space1
 Vacant Housing
 Anchorage, AKFederal Way, WAUnited States
 Vacant For Rent  Unlock2.3%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other3.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Anchorage, AKFederal Way, WAUnited States
 Less Than $20,000  Unlock2.1%2.6%
 $20,000 to $39,9992.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.7%2.8%
 $60,000 to $79,9990.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,9994.1%  Unlock11.3%
 $150,000 to $199,999  Unlock6.1%13.0%
 $200,000 to $299,99925.3%  Unlock20.1%
 $300,000 to $399,999  Unlock26.7%13.6%
 $400,000 to $499,99913.9%  Unlock8.3%
 $500,000 to $749,999  Unlock16.1%9.7%
 $750,000 to $999,9992.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.3%2.2%
 $1,500,000 to $1,999,9990.1%  Unlock0.8%
 $2,000,000 and over  Unlock0.6%1.1%
 space3
 Housing Units By Year Built
 Anchorage, AKFederal Way, WAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock8.1%13.6%
 2000 to 200911.9%  Unlock13.6%
 1990 to 1999  Unlock18.7%13.6%
 1980 to 198925.8%  Unlock13.2%
 1970 to 1979  Unlock21.7%14.8%
 1960 to 196911.9%  Unlock13.6%
 1950 to 1959  Unlock3.3%10.0%
 1940 to 19491.2%  Unlock4.7%
 1939 or Earlier  Unlock0.9%12.2%
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Reviews for Anchorage    83 Reviews
H L · Anchorage, AK
Anchorage Thoughts
Over 1 years ago

Anchorage had potential but with the massive amount of homeless the petty crime is on the rise. I chose to live in a town outside of Anchorage rather than the city for  More

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David · St. Louis, MO
Pros, Cons, and Variables to living in Anchorage
Over 1 years ago

I lived in Anchorage for the better part of the 2010's. Pros: o Beautiful, mountain and ocean views; close to many hiking trails, campsites, fishing grounds,  More

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Stan · Fairmount, CO
it's cool - pros and cons of anchorage
Over 3 years ago

it's nice, i liked it when i grew up there. kinda wish i could move back, but i didn't really like being isolated from all the things like nordstrom, trader joe's,  More

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Reviews for Federal Way    14 Reviews
Donald · Sequim, WA
A hidden gem!
Over 6 years ago

A suburb of The Emerald City (Seattle, WA), Federal Way has become yet another go-to place for affluent travelers and transplants from states all over the nation. The  More

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fresa1 · Federal Way, WA
we want to move need help we just have 2 months
Over 11 years ago

I want to move my family to austin i havent bin there but we want some ware housing is affortable i have four boys age 6,3,2 and a baby of 2 months and ware theres jobs  More

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Koneko · Federal Way, WA
Cost of Living in Federal Way
Over 12 years ago

I have lived in Brooklyn NY, West Palm Beach & Port St Lucie, FL and now Federal Way, WA. While the cost of living here is higher than Florida, it is definitely lower  More

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Learn More About Anchorage, Alaska
Overview
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Learn More About Federal Way, Washington
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