How many apartments are available in 98404 on Rentable.co?

Rentable.co has 33 apartments available for rent in 98404.

What is the average rent for an apartment in 98404?

The average rent for an apartment in 98404 is around $1,600 per month.

What is the average rent for a two-bedroom apartment in 98404?

The average rent for a two-bedroom apartment in 98404 is around $1,722 per month.

What is the average rent for a one-bedroom apartment in 98404?

The average rent for a one-bedroom apartment in 98404 is around $1,325 per month.

Apartments in 98404

Tacoma:
June Rent Report

Welcome to the June 2025 Tacoma Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 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

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

1 BR 2 BR

Tacoma Rent Prices Decrease From May to June

Tacoma rent prices decreased over the last month. From May to June, the city experienced a -0.43% decrease for the price of a one-bedroom apartment. The rent price for a Tacoma one-bedroom apartments currently stands at $1,396.0.

When we take a look at the two-bedroom comparison from May to June, Tacoma experienced a 0.41% increase for the price of a two-bedroom apartment. The rent price for a Tacoma two-bedroom apartments currently stands at $1,708.0.

June Prices: Tacoma vs. Surrounding Areas

Rent Prices in Tacoma and Surrounding Areas

Rent prices have decreased 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.

June 2025 Pricing Trends: Tacoma vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Pittsburgh, PA

Minneapolis, MN

$4,101

$3,197

$2,350

$2,316

$1,870

$1,341

$1,263

$1,247

$1,350

$2,700

$4,050

$5,400

Median Rent

Tacoma Rent Prices More Affordable Than Major Cities

Rent growth in Tacoma over the past year has been declining. 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 June	1 BR M/M % Change	2 BR June	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.