Gig Harbor, WA Rental Market Trends
Highlights
The average rent for an apartment in Gig Harbor is $1,519, a 4% increase compared to the previous year, when the average rent was $1,459.
Average Rent in Gig Harbor, WA
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,519 | 4% | 976 sq. ft. |
The average size for a Gig Harbor, WA apartment is 976 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Gig Harbor, WA Apartment Rent Ranges
- $701-$1,0002%
- $1,001-$1,50062%
- $1,501-$2,00021%
- > $2,00015%
Gig Harbor, WA Occupied Housing Units
- Renter-occupied Households27%
- Owner-occupied Households72%
4,319 or 27% of the households in Gig Harbor, WA are renter-occupied while 11,128 or 72% are owner-occupied.
Gig Harbor, WA Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gig Harbor, WA | $1,305 | $1,332 | $1,328 | $1,404 | $1,466 | $1,459 | $1,459 | $1,495 | $1,502 | $1,519 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Gig Harbor Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Tacoma | $1,323 | 5% |
| Puyallup | $1,486 | 9% |
| Lakewood | $1,167 | 8% |
| South Hill | $1,511 | 9% |
| Puyallup City | $1,483 | 9% |
| Fife | $1,323 | 7% |
| Milton | $1,559 | 16% |
| Parkland | $1,264 | 7% |
| Summit View | $1,436 | 9% |
| Frederickson | $1,546 | 11% |
| Gig Harbor | $1,519 | 4% |
For more information about the Gig Harbor rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Gig Harbor apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.