Rental market snapshot for Tacoma, Washington

Tacoma, Washington Rental Property Market Overview

Tacoma, Washington is a vibrant city located in the Puget Sound region of the Pacific Northwest. According to the US Census, the population of Tacoma in 2021 is 219,205. Tacoma is a diverse city with a rich history and culture, offering a variety of activities and attractions for residents and visitors alike. From its vibrant downtown and waterfront to its many parks and museums, Tacoma has something for everyone. With its diverse population, Tacoma is a great place to live, work, and play.

The average rent for an apartment in Tacoma is $2,110. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Tacoma Washington | Cost of Living

  • The most expensive ZIP code in Tacoma is 98422 with an average price of $2,641.
  • The cheapest ZIP code in Tacoma is 98421 with an average price of $1,106.

Tacoma ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198422$2,641
298467$2,613
398445$2,305
498406$2,218
598465$2,064
698404$2,061
798408$1,955
898402$1,769
998405$1,683
1098409$1,618

Live near Tacoma, Washington's Top Sights and Attractions

Peck Field is a large outdoor recreational area located in Tacoma, Washington. It features a variety of activities and amenities, including a large grassy field, a playground, a basketball court, a picnic area, and a walking path. The park also has a large pond, which is home to a variety of wildlife, including ducks and geese. The park is a popular spot for families, as it provides a great place to relax and enjoy the outdoors.

Pdza Grounds is a unique outdoor attraction located in Tacoma, Washington. It features a variety of activities for all ages, including a petting zoo, a playground, a carousel, and a miniature train. Visitors can also enjoy a variety of food and beverage options, as well as live music and entertainment. The grounds are surrounded by lush greenery and offer a peaceful atmosphere for visitors to relax and enjoy the day.

Jefferson Park is a large public park located in Tacoma, Washington. It features a variety of outdoor activities, including a large playground, a walking trail, a disc golf course, and a picnic area. The park also has a large lake, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is also home to a variety of trees, shrubs, and other vegetation, making it a great place to explore and enjoy nature.

SERA Playground and Sprayground is an outdoor recreational area located in Tacoma, Washington. It features a playground with a variety of play structures, swings, and slides, as well as a sprayground with water jets and fountains. The sprayground is perfect for cooling off on hot summer days, while the playground is great for kids of all ages to explore and have fun. The area also includes picnic tables and benches, making it a great spot for families to spend time together.

Point Defiance Park is a large public park located on the Puget Sound in Washington State. It features a variety of outdoor activities, including hiking trails, a beach, a marina, and a zoo. There are also several gardens and picnic areas, as well as a boardwalk and a playground. The park is home to a variety of wildlife, including bald eagles, seals, and sea lions. Visitors can also take a ferry ride to nearby Vashon Island.

Point Defiance Boathouse Grounds is a picturesque waterfront park located on the Puget Sound. Visitors can enjoy stunning views of the Olympic Mountains, Vashon Island, and the Tacoma Narrows Bridge. The grounds feature a variety of outdoor activities, including a boat launch, fishing pier, and walking trails. There is also a picnic area, playground, and beach. The park is a great place to relax and take in the beauty of the Pacific Northwest.

University of Puget Sound is a private liberal arts college located in a vibrant city on the Puget Sound. The university offers a wide range of academic programs, including undergraduate and graduate degrees in the arts, sciences, and humanities. The campus is home to a variety of student organizations, clubs, and activities, and the university also offers a variety of cultural, recreational, and athletic opportunities. The university is known for its beautiful campus, which features a variety of trees, gardens, and outdoor spaces. The university also has a strong commitment to sustainability and environmental stewardship.

Wapato Park is a sprawling green oasis located on the shores of a large lake. It features a variety of outdoor activities, including walking trails, a playground, a boat launch, and a beach. The park also has a large grassy area perfect for picnics and outdoor games. There are also several pavilions and a gazebo for special events. The park is a great place to spend a day with family and friends, or to just relax and take in the beauty of nature.

Owen Beach is a popular beachfront destination located on the shores of Puget Sound. It features a long stretch of sandy beach, a boardwalk, and a variety of recreational activities. Visitors can enjoy swimming, kayaking, fishing, and picnicking. There are also several trails that lead to nearby points of interest, such as a lighthouse and a historic fort. The beach is also home to a variety of wildlife, including seals, sea lions, and a variety of birds.

Titlow Park is a beautiful waterfront park located on the Puget Sound. It offers stunning views of the Olympic Mountains, and is a great spot for outdoor activities such as fishing, swimming, and picnicking. There is a beach area, playground, and trails for walking and biking. The park also has a boat launch and a dock for visitors to use.

Tacoma, Washington area median rent change by ZIP code map

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How does Tacoma compare to other cities in Washington?

citymedian price
Brier$2,600
Bainbridge Island$2,529
University Place$2,330
Ferndale$2,285
Pacific$1,853
Burien$1,850
Mount Vernon$1,795
Wenatchee$1,737
Moses Lake$1,501
Sequim$1,500

Average household income in Tacoma area graph - US Census

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The median household income in Tacoma in 2021 was $69,956. This represents a 38.7% change from 2011 when the median was $50,439.

#categorypercent
0Less than $10,0005.9%
1$10,000 to $14,9994.1%
2$15,000 to $19,9993.6%
3$20,000 to $24,9993.8%
4$25,000 to $29,9994.0%
5$30,000 to $34,9994.1%
6$35,000 to $39,9993.8%
7$40,000 to $44,9994.8%
8$45,000 to $49,9993.7%
9$50,000 to $59,9998.5%
10$60,000 to $74,99910.8%
11$75,000 to $99,99913.5%
12$100,000 to $124,99910.9%
13$125,000 to $149,9996.3%
14$150,000 to $199,9996.9%
15$200,000 or more5.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Tacoma is $2,110.
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