2024 Compare Cities Housing:
Redmond, WA vs Federal Way, WA

Change Cities
Highlights
- The median age of a home in Redmond is 19.4% younger than the median age of a home in Federal Way.
 Redmond, WAFederal Way, WAUnited States
 Median Home Age313742
 Median Home Cost$1,186,200$542,500$338,100
 Home Appr. Last 12 months14.8%14.8%16.6%
 Home Appr. Last 5 yrs.61.9%61.9%57.0%
 Home Appr. Last 10 yrs.167.2%167.2%101.1%
 Property Tax Rate$7.8$10.2$11.0
 Homes Owned46.0%52.1%57.4%
 Housing Vacant5.4%4.8%11.2%
 Homes Rented48.6%43.1%31.4%
 space
 Avg Rent For Home Or Apartment
 Redmond, WAFederal Way, WAUnited States
 Average Rent$3,540$2,530$1,840
 Studio Apartment$2,220$1,590$1,080
 1 Bedroom Home or Apartment$2,290$1,630$1,180
 2 Bedroom Home or Apartment$2,670$1,910$1,430
 3 Bedroom Home or Apartment$3,590$2,560$1,860
 4 Bedroom Home or Apartment$4,190$2,990$2,160
 space1
 Vacant Housing
 Redmond, WAFederal Way, WAUnited States
 Vacant For Rent2.1%2.3%1.9%
 Vacant Rented1.0%0.3%0.4%
 Vacant For Sale0.3%0.5%0.7%
 Vacant Sold0.2%0.1%0.4%
 Vacant Vacation0.5%0.1%3.6%
 Vacant Other1.3%1.4%4.1%
 space2
 Owner-Occupied Housing Value
 Redmond, WAFederal Way, WAUnited States
 Less Than $20,0001.4%2.1%2.6%
 $20,000 to $39,9990.3%1.3%2.4%
 $40,000 to $59,9990.3%0.7%2.8%
 $60,000 to $79,9990.5%0.6%3.9%
 $80,000 to $99,9990.1%0.7%4.5%
 $100,000 to $149,9990.6%1.2%11.3%
 $150,000 to $199,9990.6%6.1%13.0%
 $200,000 to $299,9993.0%14.7%20.1%
 $300,000 to $399,9993.9%26.7%13.6%
 $400,000 to $499,9994.8%24.7%8.3%
 $500,000 to $749,99920.7%16.1%9.7%
 $750,000 to $999,99930.3%3.0%3.9%
 $1,000,000 to $1,499,99925.3%1.3%2.2%
 $1,500,000 to $1,999,9995.7%0.1%0.8%
 $2,000,000 and over2.5%0.6%1.1%
 space3
 Housing Units By Year Built
 Redmond, WAFederal Way, WAUnited States
 2015 and Newer0.4%0.1%0.2%
 2010 to 201415.6%8.1%13.6%
 2000 to 200915.6%8.1%13.6%
 1990 to 199917.1%18.7%13.6%
 1980 to 198918.4%23.7%13.2%
 1970 to 197919.0%21.7%14.8%
 1960 to 196917.1%18.7%13.6%
 1950 to 19591.6%3.3%10.0%
 1940 to 19490.5%0.8%4.7%
 1939 or Earlier1.4%0.9%12.2%
Reviews for Redmond    14 Reviews

Over 4 years ago

Redmond is a traffic pit and not appealing to the eye. The city council have turned the city over to developers. My friends stopped coming to visit because there is no  More

   |    Reply

Over 6 years ago

Endless trails and parks, perfect for outdoor activities. Moved in couple of years ago with www.youthemover.com  More

   |    Reply

Over 9 years ago

We highly recommend Redmond and the whole Eastside of Seattle. It is further from Puget Sound and the ferries, but the quality of life is so great. The Pacific NW is  More

   |    Reply

Start Your Review of Redmond

Reviews for Federal Way    14 Reviews

Over 5 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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Federal Way



PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.