Starting at $1,595 Per Month
- 1 - 3 Beds
416 111th Street Ct E, Tacoma, WA 98445
Welcome home to Terravista.
Terravista
Frequently Asked Questions
How much does it cost to rent a home in Tacoma, WA?
The median rent for a home in Tacoma, WA is $2,216 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses 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 $88,640 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 $2,216 per month in Tacoma, WA, renters typically need to show $6,648 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.
What neighborhoods in Tacoma, WA are best for renting a home?
The best neighborhood for renting in Tacoma, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Tacoma, Eastside, South End, West End and South Tacoma, each with its own character and price range.
