RentYield Atlas

ZIP 98003 — Federal Way, WA: rental yield & market data

Gross rental yield of 3.97% — ranked #131 of 229 Washington ZIP codes. June 2026 data.

Gross rental yield
3.97%
Home value
$569,292
Market rent / mo
$1,886
Price-to-rent
25.2

Trend

Metric1-year change5-year change
Home value+0.3% +15.6%
Market rent+0.7% +20.6%

Metro: Seattle-Tacoma-Bellevue, WA · County: King County · Annual rent: $22,632

Comparable ZIP codes in Washington

Similar home values, sorted by yield — the cheapest way to see if 98003 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
98057RentonWA$566,809$2,1944.65%21.5-3.4%
98446Clover CreekWA$565,477$2,0964.45%22.5+1.3%
98382SequimWA$570,561$2,0984.41%22.7-2.1%
98373PuyallupWA$572,207$1,9654.12%24.3-0.3%
98204EverettWA$567,095$1,8623.94%25.4-0.5%
98683VancouverWA$565,373$1,8233.87%25.8-0.0%
99338KennewickWA$562,851$1,8073.85%26.0-0.1%
98273Mount VernonWA$574,722$1,8193.80%26.3+1.5%

Top rental yields in all of Washington →

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