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These days, finding an affordable place to live in the Tacoma area can be challenging. Home prices in Tacoma are now at a median cost of $226,151, lower than the Florida average of $396,783.
The average cost of rent is $1,079/mo in Tacoma, primarily driven by the current value of real estate in the Tacoma area. In Tacoma, 18.40% of households rent, and 60.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tacoma is $5,876 per month. Households that rent pay about 18.36% of their income on rent here. Tacoma’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Micanopy, FL: higher priced homes
- Wacahoota, FL: higher priced homes
- McIntosh, FL: less expensive homes
- Gainesville, FL: higher priced homes
- Grove Park, FL: less expensive homes
- Cross Creek, FL: higher priced homes
- Peach Orchard, FL: equally priced homes
- Archer, FL: higher priced homes
- Raleigh, FL: less expensive homes
- Keuka, FL: less expensive homes
Cities with Similar Populations
- Goodland, MN: equally priced homes
- Willow Springs, CA: higher priced homes
- Wilmore, PA: less expensive homes
- Wilsey, KS: less expensive homes
- Wilson, KY: less expensive homes
- Wilson, MD: higher priced homes
- Windy, KY: less expensive homes
- Wingate, TX: less expensive homes
- Grelton, OH: less expensive homes
- Grass Valley, OR: equally priced homes
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