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City Report · WA

Frederickson

Pop. 25,383·30th most expensive in Washington·Rental market data updated monthly for Frederickson, WA
Median rent (all units)
$2,362/mo
Year-over-Year
+2.0%
Month-over-Month
-3.0%
vs US Median
+$400
Falling (Monthly)
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Most AffordableMost Expensive
Frederickson · $2,362
More expensive than 75% of US cities · National median $1,962/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Frederickson's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,362/mo
Expected by trend
$2,506/mo
The Rent Reality Score compares today's median rent to where Frederickson's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

2 BR
$2,184
3 BR
$2,250
4 BR+
$2,769
Fair Market Rent (HUD)
$2,184/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,362 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$28,344/yr
At $2,362/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 2.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+2.0% YoY, -3.0% MoM), not inventory.
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Demographics

Who lives here

Frederickson, WA is majority owner-occupied, has a large share of families with children, has a median income above the national average, 20% of residents hold a bachelor's degree or higher.

Population
25,383
Median income
$109,500
Median age
33.4
Renters
26.2%
Age distribution
29.3%
23.7%
28.3%
Under 1829.3%
18–3423.7%
35–5428.3%
55–648.3%
65+10.5%
Gender
52.5%
47.5%
Male52.5%
Female47.5%
Race & ethnicity
51.5%
19.9%
White51.5%
Black11.8%
Hispanic19.9%
Asian6.9%
Other9.9%
Education (25+)
12.2%
28.9%
38.9%
20%
No HS diploma12.2%
HS diploma28.9%
Some college38.9%
Bachelor's+20%
Housing tenure
73.8%
26.2%
Owner73.8%
Renter26.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Frederickson, WA has changed in 5 years

Rent
$1,990 → $2,362
up 18.7%
Income
$93,656 → $109,500
up 16.9%
Population
21,651 → 25,383
up 17.2%
Renter share
24.9% → 26.2%
+1.3 pts
Bachelor's+
19.7% → 20%
+0.3 pts

Across the past five years, the going rent in Frederickson, WA has shifted from $1,990 to $2,362, up 18.7% since 2021. Household income in the area moved from $93,656 to $109,500 across the same window, up 16.9% versus 2021. Census counts show Frederickson, WA adding about 3,732 residents over the five-year window, up 17.2% on net. Reading these numbers side by side helps frame whether current listings in Frederickson, WA look reasonable against where the market sat half a decade ago.

Community

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View Frederickson rent history (2015–2026) →
Salary vs rent

Can you afford rent in Frederickson on your salary?

At $2,362/mo, how Frederickson rent compares to typical pay (30% rule).

By apartment size

Frederickson rent by bedroom count

Median rent for each apartment size in Frederickson. Click any size for full breakdown.

Local insights

Tips for renters in Frederickson

About renting in Frederickson, WA

Last updated: August 17, 2026

The median rent in Frederickson is $2,362/mo as of August 2026. a 2-bedroom runs $2,184/mo and 3-bedroom units go for $2,250/mo.

At 26% of local median household income ($109,500/yr), Frederickson ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

Is Frederickson an affordable city for renters?

Frederickson is considered affordable for renters. At $2,362/mo, rent takes approximately 26% of the local median household income ($109,500/yr). The standard benchmark is 30%. Frederickson falls comfortably within that range.

How much income do you need to rent in Frederickson?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,362/mo in Frederickson. The local median household income is $109,500/yr, meaning the typical Frederickson household meets that threshold.

Is rent going up or down in Frederickson?

Rent in Frederickson has increased 2.0% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Frederickson rent compare to other cities in Washington?

Frederickson is one of the pricier cities in Washington for rent, ranking #30 out of 110 tracked cities at $2,362/mo.

Which nearby cities are cheaper to rent in than Frederickson?

Several nearby cities have lower median rents than Frederickson ($2,362/mo): Midland ($2,006/mo), Clover Creek ($2,066/mo), Puyallup ($2,251/mo).

What percentage of Frederickson residents rent vs. own?

According to Census data, approximately 26.2% of Frederickson households are renters, while 73.8% are owner-occupied. Frederickson leans toward homeownership, which can mean a smaller rental inventory.

How does Frederickson rent compare to the national average?

Frederickson's median rent of $2,362/mo is $400 (20%) above the US national median of $1,962/mo. Within Washington, it ranks #30 out of 110 tracked cities.
Income Affordability
26%
AFFORDABLE

At $2,362/mo, rent takes ~26% of Frederickson's median household income ($109,500/yr). The standard benchmark is 30%.

Frederickson 26%Benchmark 30%
State income taxNone
Run the Frederickson affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Frederickson, WA

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