Apartments in 98418

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$1,325
3714 S Yakima Ave Tacoma, WA
1 BR | Available Now
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$2,600
3639 S Alaska St Tacoma, WA
3 BR | Available Now
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How much does it cost to rent an apartment in 98418?

98418 apartments
Bed Type Average Rent Range
1BR $1,300 $580 - $1,500
2BR $1,980 $1,340 - $2,380
3BR $2,150 $2,000 - $2,600
Find an Apartment in 98418
Looking for apartments for rent in 98418 Tacoma, WA? Rentable currently has 35 units available in this area. The average rent in 98418 is $1,580, with 1-bedroom units starting at $579.

If you're searching for apartments near 98418, Rentable provides a range of options to choose from. Whether you're looking for a spacious apartment or a cozy home, you can explore Rentable's listings in 98418 Tacoma, WA to find the perfect rental that meets your needs.

Tacoma:
November Rent Report

Welcome to the November 2024 Tacoma Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Tacoma rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Tacoma and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Tacoma average rent prices in the chart below.

Monthly Rent Report

$1,850
$1,390
$930
$460
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Tacoma Rent Prices Increase From October to November

Tacoma rent prices increased over the last month. From October to November, the city experienced a 0.73% increase for the price of a one-bedroom apartment. The rent price for a Tacoma one-bedroom apartments currently stands at $1,374.0.

When we take a look at the two-bedroom comparison from October to November, Tacoma experienced a -0.46% decrease for the price of a two-bedroom apartment. The rent price for a Tacoma two-bedroom apartments currently stands at $1,739.0.

November Prices: Tacoma vs. Surrounding Areas

Rent Prices in Tacoma and Surrounding Areas

Rent prices have increased in Tacoma over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Tacoma suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Tacoma suburbs

  • Rents did not decrease in any of the Tacoma suburbs.

November 2024 Pricing Trends: Tacoma vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Tacoma Rent Prices More Affordable Than Major Cities

Rent growth in Tacoma over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Tacoma average rent prices appear to be relatively affordable for local residents.

The price for a Tacoma one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Tacoma and surrounding area rent prices, take a look at the complete data set below.

Data set for Tacoma and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.