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Homes & Apartments for Rent in Tacoma, WA 98406

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What to Know About

Living in 98406

Tacoma is a bustling city located in the Pacific Northwest with a thriving economy primarily based on technology, aerospace, military, and healthcare. You can explore fascinating museums, like the Museum of Glass and the Washington State History Museum. In addition, Tacoma provides students with an outstanding education at institutions like the University of Puget Sound and the University of Washington Tacoma. There is also plenty to do in Tacoma, from exploring the city's waterfront parks and beaches to shopping in downtown Tacoma.

Outdoor enthusiasts can take in the stunning natural beauty of Mount Rainier and the Olympic Mountains or explore local parks and trails, such as Ruston Way Waterfront, Point Defiance Park, and the Foothills Trail. Food lovers can indulge in various delicious dining options, ranging from farm-to-table cuisine to international flavors. Additionally, Tacoma has exciting events throughout the year, such as the Tacoma Jazz & Blues Festival and the Tacoma Film Festival.

With its scenic location, friendly community spirit, and cultural and recreational opportunities, Tacoma is a great place to call home for those who appreciate the beauty of the Pacific Northwest.

Rental Market Trends

Tacoma, WA

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As of October 2026, Tacoma's rental market is balanced, with rentals spending about 34 days on the market, slower than in Washington (31), and rents up 0.5% over the past year. Tacoma's average rent is 12.9% ($277) lower than the Washington average of $2,139 and 10.6% ($220) lower than the U.S. average of $2,082.

Average Rent
$1,862
Monthly ChangeMonth Over Month Change
Decreased0.06% ($1)
Yearly ChangeYear Over Year Change
Increased0.5% ($9)
Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,373 Decreased0.28% ($4) Increased0.2% ($2)
2 Beds $1,846 Increased0.02% Decreased0.8% ($14)
3 Beds $2,548 Increased0.61% ($15) Increased3.6% ($89)
Nearby Cities Average Rent Avg. Rent vs. TacomaAverage Rent vs. Tacoma Days on Market
University Place $2,094 Increased12.5% ($232) 34 days
Lakewood $1,671 Decreased10.3% ($191) 29 days
Fife $2,090 Increased12.2% ($228) 31 days
Milton $2,034 Increased9.2% ($172) 31 days
Steilacoom $2,217 Increased19.1% ($355) 31 days
Based on rentals advertised on RentalSource in and around Tacoma.
Frequently Asked Questions
Tacoma Rental Market FAQs

Explore rental prices, market conditions, and affordability in Tacoma, WA.

The average rent in Tacoma, WA is $1,862 per month.
In Tacoma, the average rent is $1,373 per month for a 1-bedroom home, $1,846 for a 2-bedroom home and $2,548 for a 3-bedroom home.
The average rent in Tacoma is 10.6% ($220) lower than the national average of $2,082 per month.
The rental market in Tacoma, WA is currently balanced, with rentals spending about 34 days on the market, slower than in Washington (31), and rents up 0.5% over the past year.
Based on the current averages, a household would need an annual income of $73,800 to comfortably afford a 2-bedroom home in Tacoma.
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