Tacoma, WA Rental Market Trends
What is the average rent in Tacoma?
The average rent for an apartment in Tacoma is $1,585. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Tacoma, WA
| Average Rent | Average Apartment Size |
|---|---|
| $1,585 | 831 sq. ft. |
What is the average apartment size in Tacoma?
The average size for a Tacoma, WA apartment is 831 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
Tacoma, WA Occupied Housing Units
36,800 or 42% of the households in Tacoma, WA are renter-occupied while 49,763 or 57% are owner-occupied.
Tacoma, WA Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tacoma, WA | $1,266 | $1,282 | $1,306 | $1,350 | $1,363 | $1,365 | $1,402 | $1,432 | $1,517 | $1,576 | $1,585 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Tacoma, WA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| North East Tacoma | $1,995 |
| North End Tacoma | $1,809 |
| West End Tacoma | $1,715 |
| Fife | $1,644 |
| Colgate Park | $1,590 |
| Fircrest | $1,590 |
| Johnson Estates | $1,590 |
| Kelso | $1,590 |
| Montane | $1,590 |
| Sunset South | $1,590 |
| The Boulders | $1,590 |
| New Tacoma | $1,574 |
| South Tacoma | $1,526 |
| South End Tacoma | $1,521 |
| Eastside Tacoma | $1,288 |
| Central Tacoma | $1,226 |
What are the most affordable neighborhoods in Tacoma?
The most affordable neighborhoods in Tacoma are Central Tacoma, where the average rent goes for $1,226/month, Eastside Tacoma, where renters pay $1,288/mo on average, and South End Tacoma, where the average rent goes for $1,521/mo. If you’re looking for other great deals, check out the listings from South Tacoma ($1,526), New Tacoma ($1,574), and Colgate Park ($1,590), where the asking prices are below the average Tacoma rent of $1,585/mo.
What are the most expensive neighborhoods in Tacoma?
The most expensive neighborhoods in Tacoma are West End Tacoma ($1,715), North End Tacoma ($1,809) and North East Tacoma ($1,995).
What are the most popular neighborhoods in Tacoma?
The most popular neighborhood in Tacoma is Fife, where there are 16 verified RentCafe listings with an average rent of $1,644. Next up is New Tacoma, where apartments go for $1,574/month, followed by South End Tacoma with $1,521 If you’re looking to rent in Tacoma’s most popular neighborhoods, make sure to also check out South Tacoma, where renters pay $1,526 on average, and The Boulders, where the average monthly rent is $1,590.
Tacoma | Rent Comparison by Neighborhood
Rent in Central Tacoma is 23% lower than in Colgate Park
Central Tacoma rent is 23% lower than Tacoma average
| Average Rent | $1,226 |
|---|
Colgate Park rent is 1% higher than Tacoma average
| Average Rent | $1,590 |
|---|
How Tacoma Compares to Other Cities
| City | Average Rent |
|---|---|
| Seattle | $2,190 |
| Tacoma | $1,585 |
| Everett | $1,722 |
| Vancouver | $1,585 |
| Kent | $1,804 |
| Spokane | $1,273 |
| Bellevue | $2,533 |
| Renton | $2,076 |
| Lynnwood | $1,867 |
| Puyallup | $1,849 |
| Spokane Valley | $1,293 |
| Kirkland | $2,315 |
| Federal Way | $1,773 |
| Lacey | $1,603 |
| Bothell | $2,110 |
| Redmond | $2,403 |
| Lakewood | $1,532 |
| Issaquah | $2,526 |
| Auburn | $1,708 |
| Fife | $1,644 |
| Olympia | $1,556 |
Most Popular Apartments in Tacoma
Altitude 104
2201 104Th Street South, Tacoma, WA 98444- 1 BED
- 2 BEDS
- 3 BEDS
- Ask for pricing
- $1,836+
- $1,905+