Property Prices in Tacoma, WA, United States

Index Info
Price to Income Ratio: 7.64
Mortgage as Percentage of Income: 55.53%
Loan Affordability Index: 1.80
Price to Rent Ratio - City Centre: 24.89
Price to Rent Ratio - Outside of Centre: 11.96
Gross Rental Yield (City Centre): 4.02%
Gross Rental Yield (Outside of Centre): 8.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,458.61 $ 1,282.50-2,100.00
Apartment (1 bedroom) Outside of Centre 1,218.33 $ 1,100.00-1,350.00
Apartment (3 bedrooms) in City Centre 2,090.83 $ 1,860.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,799.09 $ 1,500.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 668.43 $ 301.00-1,607.32
Price per Square Feet to Buy Apartment Outside of Centre 271.41 $ 225.00-314.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,311.78 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 3.50-4.25

These data are based on 143 entries in the past 18 months from 27 different contributors.
Last update: April 2021

Sources and References
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