King County | Population: ~100,100 | Seattle-Tacoma Metro
Located between Seattle and Tacoma along I-5, Federal Way offers some of South King County’s more affordable housing, along with Wild Waves amusement park and a large forested park system.
The Twin Lakes area offers established, larger-lot homes, while newer development continues near the Commons mall and along the city’s eastern edge toward Lake Dolloff.

Twin Lakes — Established, larger-lot homes around the Twin Lakes Golf Course.
The Commons Area — Retail hub near Federal Way’s main shopping mall.
Dash Point — Puget Sound-adjacent homes near Dash Point State Park.
Lake Dolloff — Family neighborhoods around the small namesake lake.
Redondo — A waterfront-adjacent neighborhood in north Federal Way.
West Campus — Established homes near Weyerhaeuser’s former campus.
Woodmont — A quieter, more affordable south Federal Way neighborhood.
Panther Lake — Newer growth in south Federal Way (distinct from Kent’s).
Steel Lake — Homes around one of the city’s namesake small lakes.
Downtown Federal Way — The city’s civic and retail core along Pacific Highway.
- Wild Waves Theme & Water Park and the Weyerhaeuser-founded Rhododendron Species garden
- Central location between Seattle and Tacoma along I-5
- Dash Point State Park and Puget Sound beach access nearby
- Generally more affordable than King County cities closer to Seattle
Federal Way remains one of the more affordable South King County options, attracting buyers who want I-5 access to both Seattle and Tacoma without paying in-city prices.

Grades modeled on Niche.com’s Public Schools and Commute categories; Public Transit reflects the Commute grade, the closest available proxy.
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