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Rent by ZIP · Pierce County

Rent in Tacoma, WA 98406

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,070 (+6.2% vs FY2026). Renters in this ZIP code pay a median $1,764 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,500$1,410+6.4%$1,350–1,650$1,466 ±$310
1 bedroom$1,690$1,590+6.3%$1,521–1,859$1,378 ±$119
2 bedrooms$2,070$1,950+6.2%$1,863–2,277$1,865 ±$188
3 bedrooms$2,860$2,700+5.9%$2,574–3,146$2,552 ±$210
4 bedrooms$3,230$3,070+5.2%$2,907–3,553$2,303 ±$518

Small Area FMRs for the Tacoma, WA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Tacoma, WA HUD Metro FMR Area, 2 bedrooms: $2,064.

What renters pay in 98406

Median gross rent$1,764±$120 · all sizes
Renter households4,08339% of occupied homes
No cash rent69households

How rents are spread

Under $1,00013%
$1,000–1,49923%
$1,500–1,99926%
$2,000–2,49915%
$2,500–2,9999%
$3,000–3,4998%
$3,500+6%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
98405Tacoma$1,870$1,746
98407Tacoma$2,180$1,948
98404Tacoma$1,790$1,365
98408Tacoma$1,890$1,637
98403Tacoma$1,780$1,901
98409Tacoma$1,990$1,688

Fair Market Rents across Pierce County, WA · All WA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.