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Rent by ZIP · Pierce County

Rent in Tacoma, WA 98407

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,180 (+2.3% vs FY2026). Renters in this ZIP code pay a median $1,909 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,570$1,540+1.9%$1,413–1,727$2,220 ±$626
1 bedroom$1,780$1,730+2.9%$1,602–1,958$1,545 ±$217
2 bedrooms$2,180$2,130+2.3%$1,962–2,398$1,948 ±$148
3 bedrooms$3,010$2,950+2%$2,709–3,311$2,387 ±$295
4 bedrooms$3,400$3,350+1.5%$3,060–3,740$2,781 ±$225

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 98407

Median gross rent$1,909±$87 · all sizes
Renter households3,71137% of occupied homes
No cash rent69households

How rents are spread

Under $1,00011%
$1,000–1,49917%
$1,500–1,99928%
$2,000–2,49916%
$2,500–2,99911%
$3,000–3,49910%
$3,500+7%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
98406Tacoma$2,070$1,865
98408Tacoma$1,890$1,637
98405Tacoma$1,870$1,746
98409Tacoma$1,990$1,688
98404Tacoma$1,790$1,365
98403Tacoma$1,780$1,901

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.