Property Prices in Tacoma, WA, United States

Index Info
Price to Income Ratio: 3.13
Mortgage as Percentage of Income: 25.05%
Loan Affordability Index: 3.99
Price to Rent Ratio - City Centre: 11.26
Price to Rent Ratio - Outside of Centre: 9.02
Gross Rental Yield (City Centre): 8.88%
Gross Rental Yield (Outside of Centre): 11.09%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,741.67 $ 1,500.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,520.00 $ 1,200.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,577.78 $ 2,800.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,778.57 $ 2,300.00-3,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 422.83 $ 282.00-899.99
Price per Square Feet to Buy Apartment Outside of Centre 279.83 $ 250.00-350.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,050.08 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.14 3.10-5.43

These data are based on 77 entries in the past 18 months from 14 different contributors.
Last update: May 2023

Sources and References
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