Federal Way vs Bellevue: Housing
| Federal Way | Bellevue | |
|---|---|---|
| Median Home Value | $552,800 | $1,340,300 |
| Median Gross Rent | $1,797/mo | $2,572/mo |
| Homeownership Rate | 55.3% | 52.0% |
| Rent as Share of Income | 24.8% | 18.6% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.