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City Report · WA

Tacoma

Pop. 222,758·84th most expensive in Washington·Rental market data updated monthly for Tacoma, WA
Median rent (all units)
$1,773/mo
Year-over-Year
+2.3%
Month-over-Month
Stable
vs US Median
-$159
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Tacoma · $1,773
More affordable than 55% of US cities · National median $1,932/mo
Rent Reality Score
72/100
Good value
OverheatedFairGreat value

Rents are 11% below what Tacoma's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,773/mo
Expected by trend
$1,993/mo
The Rent Reality Score compares today's median rent to where Tacoma's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,612
2 BR
$1,983
3 BR
$2,782
4 BR+
$3,188
Fair Market Rent (HUD)
$1,983/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,773 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Tacoma usually run 0.7% below trend in December and 0.8% above it in August, about $27 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Tacoma is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Washington

Rent in Tacoma changed +2.2% over the year to September 2026. Across the 97 Washington cities Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in Tacoma rose 32.5% while median household income rose 37.7% ($62,358 to $85,884). Income kept ahead of rent.

Since before the pandemic

Rent in Tacoma is 34.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($85,884) is $2,147 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,983); a 3-bedroom is $2,782.

Spread across ZIP codes

The priciest of 11 ZIP codes in Tacoma, 98406 ($2,343/mo), costs 1.5 times the cheapest, 98408 ($1,581/mo).

From Zillow's monthly rent index (ZORI) for Tacoma. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,276/yr
At $1,773/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Tacoma, WA is majority owner-occupied, 34.5% of residents hold a bachelor's degree or higher.

Population
222,758
Median income
$85,884
Median age
37.2
Renters
44.2%
Age distribution
19.8%
26.6%
27%
15%
Under 1819.8%
18–3426.6%
35–5427%
55–6411.6%
65+15%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
58.2%
13.8%
White58.2%
Black9.8%
Hispanic13.8%
Asian9.6%
Other8.6%
Education (25+)
24.7%
31.7%
34.5%
No HS diploma9%
HS diploma24.7%
Some college31.7%
Bachelor's+34.5%
Housing tenure
55.8%
44.2%
Owner55.8%
Renter44.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Tacoma, WA has changed in 5 years

Rent
$1,441 → $1,773
up 23.0%
Income
$69,956 → $85,884
up 22.8%
Population
217,332 → 222,758
up 2.5%
Renter share
44.4% → 44.2%
-0.2 pts
Bachelor's+
31.3% → 34.5%
+3.2 pts
Median age
36.7 → 37.2
+0.5 yrs

Rent in Tacoma, WA has climbed 23.0% since 2021, going from about $1,441 per month to roughly $1,773 today. Census figures show median household income at $85,884 today, compared with $69,956 five years earlier. Headcount in the area went from 217,332 to 222,758 between 2021 and 2024, a 2.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 31.3% to 34.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Tacoma

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View Tacoma rent history (2015–2026) →
Salary vs rent

Can you afford rent in Tacoma on your salary?

At $1,773/mo, how Tacoma rent compares to typical pay (30% rule).

By apartment size

Tacoma rent by bedroom count

Median rent for each apartment size in Tacoma. Click any size for full breakdown.

Local insights

Tips for renters in Tacoma

About renting in Tacoma, WA

Last updated: October 17, 2026

The median rent in Tacoma is $1,773/mo as of October 2026. A studio apartment averages $1,440/mo while a 2-bedroom runs $1,983/mo. One-bedroom apartments average $1,612/mo and 3-bedroom units go for $2,782/mo.

At 25% of local median household income ($85,884/yr), Tacoma ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Tacoma?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,773/mo in Tacoma. The local median household income is $85,884/yr, so the typical household meets that bar.

Is rent going up or down in Tacoma?

Rent in Tacoma has risen 2.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Tacoma?

Asking rents in Tacoma are usually lowest in December, about 0.7% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $27 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Tacoma?

No. From 2019 to 2024, rent in Tacoma rose 32.5% while median household income rose 37.7%, from $62,358 to $85,884. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Tacoma neighborhoods have the lowest rent?

The most affordable ZIP codes in Tacoma are 98408 ($1,581/mo), 98409 ($1,652/mo), and 98405 ($1,653/mo). Citywide, the median rent is $1,773/mo.

How does Tacoma rent compare to other cities in Washington?

Tacoma is one of the more affordable among Washington cities for rent, ranking #84 of 109 tracked cities at $1,773/mo. Over the year to September 2026, rent in Tacoma changed +2.2%, against a typical +2.6% across the 97 Washington cities Zillow tracks.

Which nearby cities are cheaper to rent in than Tacoma?

Nearby cities with lower median rent than Tacoma ($1,773/mo) include Lakewood ($1,734/mo), and Parkland ($1,759/mo).
Income Affordability
25%
AFFORDABLE

At $1,773/mo, rent takes ~25% of Tacoma's median household income ($85,884/yr). The standard benchmark is 30%.

Tacoma 25%Benchmark 30%
State income taxNone
Run the Tacoma affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Tacoma, WA

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