Tacoma, WA Rental Market Trends
What is the average rent in Tacoma?
The average rent for an apartment in Tacoma is $1,432, a 5% increase compared to the previous year.
Average Rent in Tacoma, WA
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,432||5%||833 sq. ft.|
What is the average apartment size in Tacoma?
The average size for a Tacoma, WA apartment is 833 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
- > $2,0006%
Tacoma, WA Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
35,442 or 42% of the households in Tacoma, WA are renter-occupied while 48,246 or 57% are owner-occupied.
Tacoma, WA Rent Trends
|Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021|
Average Rent in Tacoma, WA By Neighborhood
|North East Tacoma||$1,681|
|North End Tacoma||$1,668|
|West End Tacoma||$1,535|
|South End Tacoma||$1,352|
What are the most affordable neighborhoods in Tacoma?
The most affordable neighborhoods in Tacoma are Eastside Tacoma, where the average rent goes for $1,041/month, Central Tacoma, where renters pay $1,154/mo on average, and South End Tacoma, where the average rent goes for $1,352/mo. If you’re looking for other great deals, check out the listings from South Tacoma ($1,388), Colgate Park ($1,419), and Fircrest ($1,419), where the asking prices are below the average Tacoma rent of $1,432/mo.
What are the most expensive neighborhoods in Tacoma?
What are the most popular neighborhoods in Tacoma?
The most popular neighborhood in Tacoma is New Tacoma, where there are 8 verified RENTCafé listings with an average rent of $1,485. Next up is Fife, where apartments go for $1,444/month, followed by South Tacoma with $1,388 If you’re looking to rent in Tacoma’s most popular neighborhoods, make sure to also check out The Boulders, where renters pay $1,419 on average, and Central Tacoma, where the average monthly rent is $1,154.
Tacoma | Rent Comparison by Neighborhood
Rent in Central Tacoma is 19% lower than in Colgate Park
Central Tacoma rent is 19% 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|