Can An Accountant Afford Rent in Federal Way, WA?

Comfortably affordable — rent takes 22.8% of gross income.

Federal Way rent: June 2026. Salary: BLS OEWS May 2024 (Washington state estimate).

Federal Way median rent
$1,935/mo
Accountant salary (Washington)
$101,674/yr
Rent as % of income
22.8%
Gross monthly income works out to about $8,473, and the 30% rule supports up to $2,542/mo in rent. Federal Way's median rent of $1,935 leaves roughly $607/mo of headroom under that threshold. An accountant works roughly 39.6 hours a month to cover that rent.

About rent and an accountant salary

Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.

Cheaper rent nearby

These Washington cities have lower median rent than Federal Way, which improves the affordability math on an accountant salary:

Silverdale, WA
$1,934/mo (22.8% of income)
Des Moines, WA
$1,934/mo (22.8% of income)
Oak Harbor, WA
$1,934/mo (22.8% of income)

Compare with full rent data for Federal Way

View full rent data for Federal Way, WA

Frequently asked questions

Can an accountant afford rent in Federal Way, WA?

Median rent in Federal Way is $1,935 a month. A typical accountant in Washington earns about $101,674 a year, which makes that rent 22.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an accountant afford in Federal Way?

Using the 30% rule, an accountant salary in Washington (~$101,674/yr) supports up to $2,542 a month in rent. Federal Way's current median rent is $1,935/mo, which leaves a $607/mo buffer.

How many hours does an accountant work to cover rent in Federal Way?

At an hourly equivalent of about $49 an hour, an accountant in Washington works roughly 39.6 hours a month to cover Federal Way's median rent of $1,935.

Where is rent cheaper than Federal Way for an accountant?

Nearby Washington cities with lower median rent include Silverdale ($1,934/mo), Des Moines ($1,934/mo), Oak Harbor ($1,934/mo). Each shifts the affordability math materially on an accountant salary.

Methodology: Salary uses the BLS-derived Washington state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Federal Way, WA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.