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Rental market trends in Tacoma, WA

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Average Rent in Tacoma, WA

Average Rent in Tacoma, WA

Avg. RentAnnual Change
Studio - $1,427-6%
1 Bed - $1,532-11%
2 Beds - $1,820-6%
Last updated 5/24/2024

Average Apartment Cost in Tacoma, WA

The average rent for apartments in Tacoma, WA, is between $1,427 and $1,820 in 2024. For a studio apartment in Tacoma, WA, the average rent is $1,427. When it comes to 1-bedroom apartments, the average rent in Tacoma, WA, is $1,532. For a 2-bedroom apartment, the average rent is $1,820.

Apartment Rent Ranges in Tacoma, WA

Apartment PricesProportion
0%
4%
31%
26%
38%

Neighborhood Apartment Rent Trends in Tacoma, WA

NeighborhoodStudio Avg RentAnnual Change
North End$1,795+6%
South End$1,606+76%
Northeast Tacoma$1,437--
Downtown$1,425+3%
Downtown Tacoma$1,425+3%
New Tacoma$1,425+3%
Central Tacoma$1,399-13%
West End$1,340-9%
South Tacoma$1,275-46%
Cascade Park$1,275--
Neighborhood1 Bed Avg RentAnnual Change
West End$1,6020%
Downtown$1,582-17%
Downtown Tacoma$1,582-17%
New Tacoma$1,582-17%
Central Tacoma$1,575-17%
Northeast Tacoma$1,550-2%
South End$1,395-10%
South Tacoma$1,370+15%
Cascade Park$1,360+14%
Eastside$1,345-4%
Neighborhood2 Beds Avg RentAnnual Change
Downtown$2,225-25%
Downtown Tacoma$2,100-9%
New Tacoma$2,100-9%
South End$2,065+18%
West End$1,8870%
Northeast Tacoma$1,8000%
Central Tacoma$1,720-22%
Eastside$1,645-3%
South Tacoma$1,625+9%
Cascade Park$1,605+7%

How Other Cities Compare to Tacoma, WA

CityStudio Avg RentAnnual Change
Bellevue$2,326+14%
Bothell$2,074-12%
Silverdale$2,049+37%
Renton$1,952+22%
Woodinville$1,906+2%
University Place$1,883+19%
Lynnwood$1,867-1%
Federal Way$1,825+50%
Kent$1,751-2%
Edmonds$1,749+6%
Kirkland$1,730-21%
Burien$1,672--
Port Orchard$1,599+8%
Bremerton$1,575-19%
Seattle$1,511+4%
Lacey$1,499-2%
Lakewood$1,457--
Auburn$1,442+3%
Olympia$1,212-7%
City1 Bed Avg RentAnnual Change
Woodinville$2,249+7%
Seattle$2,180-4%
Maple Valley$2,165+13%
Bothell$2,073+1%
University Place$1,964+36%
Lynnwood$1,950-13%
Silverdale$1,893+9%
Gig Harbor$1,862-7%
Lacey$1,797+6%
Bremerton$1,790+26%
Renton$1,759-20%
Port Orchard$1,695+5%
Burien$1,625-4%
Lakewood$1,622+5%
Edmonds$1,6110%
Olympia$1,605-7%
Kent$1,575-6%
Auburn$1,566+6%
Puyallup$1,545-6%
Federal Way$1,525-11%
City2 Beds Avg RentAnnual Change
Issaquah$3,798+43%
Woodinville$2,965-1%
Seattle$2,855-12%
Bothell$2,780+11%
Kirkland$2,705-42%
Lynnwood$2,558-7%
University Place$2,466+55%
Maple Valley$2,4250%
Bremerton$2,300+35%
Renton$2,220-17%
Silverdale$2,217+17%
Burien$2,119+6%
Port Orchard$2,099+15%
Federal Way$2,000+2%
Olympia$1,976-13%
Lakewood$1,972+3%
Kenmore$1,950--
Auburn$1,887+8%
Edmonds$1,850-5%
Kent$1,825-11%
Puyallup$1,750-1%
Gig Harbor$1,657+14%
Lacey$1,625+7%

Tacoma, WA Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$1453$1445$1432$1432$1432$1442$1440$1443$1457$1446$1446$1427$1448
$1630$1630$1588$1547$1577$1522$1505$1507$1525$1540$1582$1540$1465
$1935$1860$1892$1877$1877$1790$1760$1752$1769$1790$1825$1770$1695
$2222$2237$2234$2237$2295$2345$2345$2257$2157$2052$2067$2157$2157

Neighborhood Information for Tacoma, WA

What are the most affordable neighborhoods in Tacoma, WA?

The most affordable neighborhoods in Tacoma are Eastside, where the average 1-bedroom apartment rent goes for $1,345, Cascade Park, where renters pay $1,360 on average for a 1-bedroom apartment, and South Tacoma, where the average 1-bedroom apartment rent goes for $1,370. If you're looking for other great deals, check out the listings in South End ($1,395 for a 1-bedroom apartment) or Northeast Tacoma ($1,550 for a 1-bedroom apartment), compared to the $1,532 average for a Tacoma 1-bedroom apartment.

What are the most expensive neighborhoods in Tacoma, WA?

The most affordable neighborhoods in Tacoma are North End, where the average 1-bedroom apartment rent goes for $1,875, West End, where renters pay $1,602 on average for a 1-bedroom apartment, and Downtown, where the average 1-bedroom apartment rent goes for $1,582. If you're looking for other great deals, check out the listings in Downtown Tacoma ($1,582 for a 1-bedroom apartment) or New Tacoma ($1,582 for a 1-bedroom apartment), compared to the $1,532 average for a Tacoma 1-bedroom apartment.

What are the most popular neighborhoods in Tacoma, WA?

The most popular neighborhoods in Tacoma are South Tacoma, where the average 1-bedroom apartment rent goes for $1,370, South End, where renters pay $1,395 on average for a 1-bedroom apartment, and Cascade Park, where the average 1-bedroom apartment rent goes for $1,360. If you're looking for other popular neighborhoods, check out the listings in Central Tacoma ($1,575 for a 1-bedroom apartment) or Downtown Tacoma ($1,582 for a 1-bedroom apartment), compared to the $1,532 average for a Tacoma 1-bedroom apartment.

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