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ZIP Code · WA

ZIP 98418

Part of Tacoma, WA
Pop. 10,264·Pierce County·174th most expensive ZIP in Washington
Median rent (all units)
$1,681/mo
Year-over-Year
-5.0%
Month-over-Month
-1.9%
vs US Median
-$284
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 98418 · $1,681
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,510
2 BR
$1,860
3 BR
$2,600
4 BR+
$2,970
Research median
$1,860/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,172/yr
At $1,681/mo median
Location
CityTacoma
StateWA
CountyPierce County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.0% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 98418 (Tacoma, WA) is majority owner-occupied, has a median income above the national average, 23.7% of residents hold a bachelor's degree or higher.

Population
10,264
Median income
$89,706
Median age
37.5
Renters
36.2%
Age distribution
16%
28.7%
30.4%
14.4%
Under 1816%
18–3428.7%
35–5430.4%
55–6410.5%
65+14.4%
Gender
54.6%
45.4%
Male54.6%
Female45.4%
Race & ethnicity
54.6%
17.4%
12.3%
White54.6%
Black8.5%
Hispanic17.4%
Asian7.2%
Other12.3%
Education (25+)
12.2%
34.5%
29.6%
23.7%
No HS diploma12.2%
HS diploma34.5%
Some college29.6%
Bachelor's+23.7%
Housing tenure
63.8%
36.2%
Owner63.8%
Renter36.2%

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

2021 vs 2026

How ZIP 98418 in Tacoma, WA has changed in 5 years

Income
$64,934 → $89,706
up 38.1%
Population
9,813 → 10,264
up 4.6%
Renter share
33% → 36.2%
+3.2 pts
Bachelor's+
20.8% → 23.7%
+2.9 pts

On the earnings side, the typical household in ZIP 98418 in Tacoma, WA now reports about $89,706, up from $64,934 in 2021. Census counts show ZIP 98418 in Tacoma, WA adding about 451 residents over the five-year window, up 4.6% on net. The renter share has risen from 33% to 36.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 20.8% to 23.7% across the same window.

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Local insights

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About renting in ZIP 98418

Last updated: July 20, 2026

ZIP code 98418 covers Tacoma, WA. The median rent here is $1,681/mo as of July 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,860/mo.

At 22% of local median household income ($89,706/yr), ZIP 98418 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 98418?

As of July 20, 2026, the median monthly rent in ZIP 98418 (Tacoma, WA) is $1,681. This is based on aggregated data from public sources and community submissions.

How does ZIP 98418 rent compare to the US average?

ZIP 98418's median rent of $1,681/mo is $284 (14%) below the US national median of $1,965/mo.

How does ZIP 98418 compare to other ZIPs in Washington?

ZIP 98418 is among the more affordable ZIP codes in Washington, ranking #174 out of 209 ZIPs at $1,681/mo.

How much income do you need to rent in ZIP 98418?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,681/mo in ZIP 98418. The local median household income is $89,706/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 98418?

Rent in ZIP 98418 has decreased 5.0% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 98418 an affordable place to rent?

ZIP 98418 is considered very affordable for renters. At $1,681/mo, rent takes approximately 22% of the local median household income ($89,706/yr). The standard benchmark is 30%. ZIP 98418 falls comfortably within that range.

What percentage of ZIP 98418 residents rent vs. own?

According to Census data, approximately 36.2% of ZIP 98418 households are renters, while 63.8% are owner-occupied. ZIP 98418 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 98418 compare to the rest of Tacoma?

ZIP 98418 is more affordable than Tacoma overall. At $1,681/mo, it's $68 below the Tacoma citywide median of $1,749/mo.

When was rent data for ZIP 98418 last updated?

Rent data for ZIP 98418 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,681/mo, rent takes ~22% of ZIP 98418's median household income ($89,706/yr). The standard benchmark is 30%.

ZIP 98418 22%Benchmark 30%
State income taxNone
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