Tacoma, WA Rental Market Trends
The average rent for an apartment in Tacoma is $1,362, a 6% increase compared to the previous year.
Average Rent in Tacoma, WA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,362||6%||834 sq. ft.|
The average size for a Tacoma, WA apartment is 834 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Tacoma, WA Apartment Rent Ranges
- > $2,0004%
Tacoma, WA Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
35,457 or 42% of the households in Tacoma, WA are renter-occupied while 47,083 or 57% are owner-occupied.
Tacoma, WA Rent Trends
|Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Tacoma, WA By Neighborhood
|South End Tacoma||$1,270|
|West End Tacoma||$1,465|
|North End Tacoma||$1,607|
|North East Tacoma||$1,687|
The most affordable neighborhoods in Tacoma are Eastside Tacoma, where the average rent goes for $1,020/month, Central Tacoma, where renters pay $1,135/mo on average, and South End Tacoma, where the average rent goes for $1,270/mo. If you’re looking for other great deals, check out the listings from South Tacoma ($1,314), Colgate Park ($1,352), and Fircrest ($1,352), where the asking prices are below the average Tacoma rent of $1,362/mo.
The most expensive neighborhoods in Tacoma are New Tacoma ($1,486), North End Tacoma ($1,607) and North East Tacoma ($1,687).
The most popular neighborhood in Tacoma is New Tacoma, where there are 6 verified RENTCafé listings with an average rent of $1,486. Next up is Fife, where apartments go for $1,365/month, followed by The Boulders with $1,352 If you’re looking to rent in Tacoma’s most popular neighborhoods, make sure to also check out South Tacoma, where renters pay $1,314 on average, and North End Tacoma, where the average monthly rent is $1,607.
Tacoma | Rent Comparison by Neighborhood
Rent in Central Tacoma is 16% lower than in Colgate Park
Central Tacoma rent is 17% lower than Tacoma average
Colgate Park rent is 1% lower than Tacoma average
How Tacoma Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Tacoma rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!