Rental market snapshot for Central, Tacoma
Central rental market summary
The rental market in Central, Washington is showing signs of growth. In July 2023, there were 160 new listings, a 13.3% increase from the previous month. This is indicative of a healthy rental market, as more people are looking to rent in the area. The median rent in July 2023 was $1,774, a 5.4% increase from the same time last year. This suggests that the rental market in Central, Washington is becoming more competitive, as demand for rental properties is increasing.
Overall, the rental market in Central, Washington is showing signs of growth. The number of new listings and the median rent are both increasing, indicating that the rental market is becoming more competitive. This is good news for landlords, as they can expect to see higher rents and more tenants in the coming months.
Median rent for all residential properties in Central
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The most expensive listings and top trending buildings in Central
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
3221 S 17th St | $3,075 | 3 / 1.0 |
812 S 23rd St | $2,995 | 3 / 2.5 |
826 S Sprague Ave | $2,900 | 4 / 2.0 |
1007 S Winnifred St | $2,750 | 3 / 1.5 |
4509 6th Ave | $2,700 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar* | $1,728 |
Dobler Management Company Inc. | $1,650 |
Allied Residential | $1,495 |
HD Property Services LLC | $1,395 |
Targa Real Estate Services Inc. | $1,300 |
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Bedroom Breakdown in Central
Central neighborhood apartments rents
The rental market for studios in Central, Washington is showing signs of growth. In July 2023, there were 8 new studio listings, representing an increase in the number of available units. The median rent for studios in July 2023 was $1,395, a 2.6% increase from the median rent in June 2023 of $1,360. This suggests that demand for studios in Central, Washington is increasing, leading to higher rental prices.
The rental market for 1-bedroom apartments in Central, Washington is showing signs of growth. In July 2023, there were 14 new 1-bedroom listings, a 3.8% increase in median rent from June 2023 to July 2023, and a median rent of $1,648. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Central, Washington is showing signs of growth. In July 2023, there were 7 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $1,695, which is a 4.4% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants. Overall, the rental market for 2-bedroom apartments in Central, Washington is looking positive.