Frequently Asked Questions
How much does it cost to rent a condo in Tacoma, WA?
The median rent for a condo in Tacoma, WA is $2,060 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Tacoma, WA?
To comfortably afford the median rent in Tacoma, WA, a household needs to earn roughly $88,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,220 per month in Tacoma, WA, renters typically need to show $6,660 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Tacoma, WA?
In Tacoma, WA, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
Rental Home Trends in Tacoma, WA
There are currently 2 condos available for rent in Tacoma, WA. The median rent is $2,060 per month, with 1-bedroom condos renting at $1,783, 2-bedroom condos at $1,913 and 3-bedroom condos at $2,850.
Number of Condos for Rent
2
Median 1 Bedroom Condo Rent
$1,783
Median 2 Bedroom Condo Rent
$1,913
Median 3 Bedroom Condo Rent
$2,850
