{
  "schema_version": "1.0",
  "submarket": {
    "slug": "south-tacoma-lakewood-wa",
    "name": "South Tacoma / Lakewood",
    "state": "WA",
    "city": "TACOMA",
    "cbsa": "Seattle-Tacoma-Bellevue",
    "zip_codes": [
      "98409",
      "98499"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:53:17.500Z",
    "last_updated_at": "2026-06-02T13:45:12.760Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1371,
        "low": 1316,
        "high": 1426,
        "mom_pct": 0.763157894736842,
        "yoy_pct": 4.9382995951417
      },
      "2br": {
        "median": 1721,
        "low": 1635,
        "high": 1807,
        "mom_pct": -0.5410526315789477,
        "yoy_pct": 6.3315789473684205
      },
      "3br": {
        "median": 2181,
        "low": 2072,
        "high": 2290,
        "mom_pct": 2.697931034482759,
        "yoy_pct": -3.4886206896551726
      },
      "4br": {
        "median": 3608,
        "low": 3428,
        "high": 3703,
        "mom_pct": -0.6357142857142856,
        "yoy_pct": 0.027142857142857135
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1474,
        "low": 1437,
        "high": 1510,
        "mom_pct": -0.8738461538461538,
        "yoy_pct": 7.511153846153846
      },
      "2br": {
        "median": 1853,
        "low": 1788,
        "high": 1918,
        "mom_pct": 3.228611111111111,
        "yoy_pct": 8.030000000000001
      },
      "3br": {
        "median": 2223,
        "low": 2146,
        "high": 2301,
        "mom_pct": -2.6500000000000004,
        "yoy_pct": -9.424000000000001
      },
      "4br": {
        "median": 3663,
        "low": 3535,
        "high": 3708,
        "mom_pct": -0.165,
        "yoy_pct": 0.8099999999999999
      }
    },
    "single_family": {
      "1br": {
        "median": 1753,
        "low": 1692,
        "high": 1815,
        "mom_pct": -8.247272727272728,
        "yoy_pct": -6.326363636363635
      },
      "2br": {
        "median": 1966,
        "low": 1916,
        "high": 2015,
        "mom_pct": -8.18142857142857,
        "yoy_pct": -2.3985714285714295
      },
      "3br": {
        "median": 2457,
        "low": 2334,
        "high": 2579,
        "mom_pct": 5.86,
        "yoy_pct": 6.9366666666666665
      },
      "4br": {
        "median": 3020,
        "low": 2908,
        "high": 3132,
        "mom_pct": -0.30615384615384617,
        "yoy_pct": 3.287692307692308
      }
    }
  },
  "vacancy": 4.1435,
  "days_on_market": {
    "apartment": 34,
    "condo_townhome": 28,
    "single_family": 25
  },
  "ai_summary": [
    {
      "headline": "2BR condos grow 3.23% MoM to $1,853",
      "body": "Within South Tacoma / Lakewood (98409, 98499), 2-bedroom condo/townhome rents increased 3.23% month-over-month to $1,853 in April. This growth outpaces 2-bedroom apartments, which declined 0.54% during the same period and ended at $1,721, illustrating a $132 premium for condos over apartments in this category."
    },
    {
      "headline": "3BR single-family homes outperform at $2,457",
      "body": "In South Tacoma / Lakewood (98409, 98499), 3-bedroom single-family rentals climbed to $2,457, marking a 5.86% monthly increase. These homes exceed 3-bedroom condos at $2,223 and apartments at $2,181 by $234 and $276 respectively, demonstrating that single-family options command higher rents in the 3-bedroom segment."
    },
    {
      "headline": "1BR single-family falls 8.25% to $1,753",
      "body": "According to recent data, South Tacoma / Lakewood (98409, 98499) rental trends show a substantial month-over-month decrease in 1-bedroom single-family homes, dropping 8.25% to $1,753. In contrast, both 1-bedroom apartments and condos recorded positive gains for the month, highlighting diverging performance across segments."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in South Tacoma / Lakewood, WA range from $1,371 to $3,663 per month depending on property type and bedroom count.",
      "The largest year-over-year change was in 3BR condo/townhome units, where rents declined 9.42%.",
      "For 1BR rentals, single-family homes have a notably higher median at $1,753 compared to $1,371 for apartments and $1,474 for condo/townhomes."
    ],
    "qa": [
      {
        "question": "What are the typical rent prices in South Tacoma / Lakewood, WA for April 2026?",
        "answer": "Median rents range from $1,371 for 1BR apartments up to $3,663 for 4BR condo/townhomes in South Tacoma / Lakewood, WA as of April 2026."
      },
      {
        "question": "Which bedroom count in South Tacoma / Lakewood has one property type dramatically outperforming the others?",
        "answer": "For 1BR rentals, single-family homes lead with a median rent of $1,753, significantly higher than $1,371 for apartments and $1,474 for condo/townhomes as of April 2026."
      },
      {
        "question": "What is the premium gap between apartment and condo/townhome rents in South Tacoma / Lakewood for the same bedroom counts?",
        "answer": "Condo/townhome rents consistently exceed apartment rents: for 2BR units, condos/townhomes are $1,853 while apartments are $1,721, a gap of $132; for 1BR units, condos/townhomes are $1,474 compared to apartments at $1,371, a gap of $103."
      },
      {
        "question": "Which segment saw the biggest month-over-month rent change in South Tacoma / Lakewood, WA?",
        "answer": "Single-family 1BR rentals saw the sharpest movement with an 8.25% decline month-over-month in April 2026."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1371,
          "2br": 1721,
          "3br": 2181,
          "4br": 3608
        },
        "condo_townhome": {
          "1br": 1474,
          "2br": 1853,
          "3br": 2223,
          "4br": 3663
        },
        "single_family": {
          "1br": 1753,
          "2br": 1966,
          "3br": 2457,
          "4br": 3020
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1362,
          "2br": 1732,
          "3br": 2124,
          "4br": 3630
        },
        "condo_townhome": {
          "1br": 1488,
          "2br": 1788,
          "3br": 2356,
          "4br": 3669
        },
        "single_family": {
          "1br": 1911,
          "2br": 2123,
          "3br": 2385,
          "4br": 2972
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1361,
          "2br": 1752,
          "3br": 2285,
          "4br": 3674
        },
        "condo_townhome": {
          "1br": 1462,
          "2br": 1724,
          "3br": 2328,
          "4br": 3709
        },
        "single_family": {
          "1br": 1914,
          "2br": 2158,
          "3br": 2491,
          "4br": 2890
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1389,
          "2br": 1707,
          "3br": 2261,
          "4br": 3748
        },
        "condo_townhome": {
          "1br": 1456,
          "2br": 1737,
          "3br": 2419,
          "4br": 3767
        },
        "single_family": {
          "1br": 1933,
          "2br": 2149,
          "3br": 2473,
          "4br": 2873
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1368,
          "2br": 1701,
          "3br": 2292,
          "4br": 3801
        },
        "condo_townhome": {
          "1br": 1439,
          "2br": 1746,
          "3br": 2417,
          "4br": 3799
        },
        "single_family": {
          "1br": 1882,
          "2br": 2095,
          "3br": 2481,
          "4br": 2860
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1347,
          "2br": 1702,
          "3br": 2311,
          "4br": 3814
        },
        "condo_townhome": {
          "1br": 1465,
          "2br": 1775,
          "3br": 2470,
          "4br": 3826
        },
        "single_family": {
          "1br": 1883,
          "2br": 2121,
          "3br": 2486,
          "4br": 2881
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1349,
          "2br": 1692,
          "3br": 2270,
          "4br": 3802
        },
        "condo_townhome": {
          "1br": 1461,
          "2br": 1746,
          "3br": 2436,
          "4br": 3837
        },
        "single_family": {
          "1br": 1885,
          "2br": 2134,
          "3br": 2453,
          "4br": 2830
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1342,
          "2br": 1677,
          "3br": 2315,
          "4br": 3787
        },
        "condo_townhome": {
          "1br": 1441,
          "2br": 1746,
          "3br": 2510,
          "4br": 3825
        },
        "single_family": {
          "1br": 1863,
          "2br": 2111,
          "3br": 2441,
          "4br": 2849
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1327,
          "2br": 1665,
          "3br": 2288,
          "4br": 3750
        },
        "condo_townhome": {
          "1br": 1434,
          "2br": 1737,
          "3br": 2497,
          "4br": 3797
        },
        "single_family": {
          "1br": 1883,
          "2br": 2063,
          "3br": 2420,
          "4br": 2827
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1329,
          "2br": 1656,
          "3br": 2305,
          "4br": 3705
        },
        "condo_townhome": {
          "1br": 1437,
          "2br": 1757,
          "3br": 2458,
          "4br": 3764
        },
        "single_family": {
          "1br": 1852,
          "2br": 2046,
          "3br": 2409,
          "4br": 2842
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1332,
          "2br": 1622,
          "3br": 2281,
          "4br": 3666
        },
        "condo_townhome": {
          "1br": 1433,
          "2br": 1722,
          "3br": 2467,
          "4br": 3725
        },
        "single_family": {
          "1br": 1890,
          "2br": 2035,
          "3br": 2422,
          "4br": 2745
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1339,
          "2br": 1622,
          "3br": 2253,
          "4br": 3631
        },
        "condo_townhome": {
          "1br": 1413,
          "2br": 1723,
          "3br": 2470,
          "4br": 3676
        },
        "single_family": {
          "1br": 1862,
          "2br": 2027,
          "3br": 2387,
          "4br": 2786
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/south-tacoma-lakewood-wa/",
    "self": "https://data.estaite.com/feeds/south-tacoma-lakewood-wa.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}