The FED 5 is a 35mm rangefinder camera produced in the Soviet Union by the FED factory. It uses standard 35mm film and sits within the long-running FED rangefinder line, which traces its lineage back to Leica-pattern screw-mount bodies.

Sales data for the FED 5 is very thin: a single UK auction hammer result from February 2024 sold for £25, so today's saleroom value sits around that level rather than at retail prices. With only one data point it is hard to define a reliable range, but FED 5 bodies in this market typically sell for low double-digit sums at the hammer, and condition and working shutter speeds materially affect what a clean example is worth.