Property Prices in Tacoma, WA, United States

Index Info
Price to Income Ratio: 3.45
Mortgage as Percentage of Income: 31.08%
Loan Affordability Index: 3.22
Price to Rent Ratio - City Centre: 9.01
Price to Rent Ratio - Outside of Centre: 8.69
Gross Rental Yield (City Centre): 11.10%
Gross Rental Yield (Outside of Centre): 11.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,802.50 $ 1,700.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,900.06 $ 1,500.00-2,400.00
Apartment (3 bedrooms) in City Centre 3,577.78 $ 2,800.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,075.00 $ 2,550.00-3,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 344.50 $ 330.00-417.04
Price per Square Feet to Buy Apartment Outside of Centre 319.50 $ 300.00-417.04
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,183.75 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 6.19-6.80

These data are based on 66 entries in the past 18 months from 19 different contributors.
Last update: February 2024

Sources and References
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