Is Tacoma, WA a good place to invest in rental property?

Tacoma, WA has a median modeled monthly cash flow of $-1,413 and a median cap rate of 2.9%, on a median sold price of $489,950. Prices changed -0.6% year over year.

What is the average cap rate in Tacoma, WA?

The median cap rate across recently sold homes in Tacoma, WA is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tacoma, WA?

The median sold price in Tacoma, WA is $489,950 (about $329 per square foot).

Investing in Tacoma, WA Real Estate

A data-driven snapshot of the Tacoma, WA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$489,950Median sold price

$329Median $/sqft

2.9%Median cap rate

$-1,413Modeled cash flow / mo

-0.6%Appreciation YoY

7.0Months of supply

1,490Active listings

2,543Sold (last 12 mo)

What the Tacoma numbers say

In Tacoma, WA, the median home sold for $489,950 (about $329 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,413 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 7.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Washington markets to compare

See Tacoma cash-flowing listings

CashFlowRE ranks every for-sale home in Tacoma, WA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Tacoma deals, or browse the national market data.