The rent prices in real estate in Federal Way, in the Washington region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Federal Way has risen during the last 6 months. In September, the average price per sq.feet was $1.84. In October this price barely changed remaining at $1.91 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.88 to $1.94 per sq.feet. The price per sq.feet has risen 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.91 to $2.05 during January, and February.
When referring to the price in Federal Way (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,014. In October This price remains at $1,939. In the following two months the average price has hardly changed with regard to the previous two months from $1,976.5 to $1,999. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,987.75 and $1,916.5 between January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,999 they are 24 % more affordable than the average price for Federal Way . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,288.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.8 / sq.feet, with an average $2.04 / sq.feet price in Federal Way. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.91 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,999 it is 7 % more affordable than the average price in Federal Way. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,362 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.99 / sq.feet followed by "Condo" priced at $2.16 / sq.feet. "Condo" is the most expensive type of property with a $2.16 / sq.feet value followed by "House" with an average price of $1.99 / sq.feet.