North Tacoma / Proctor, WA
August 2026
98406,98407
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,457 – $1,578 | -0.42% | -0.64% |
| 2-Bedroom | $1,679 – $1,856 | -12.84% | -8.95% |
| 3-Bedroom | $2,859 – $3,097 | 0.75% | 6.85% |
| 4-Bedroom | $3,706 – $3,797 | 0.91% | -0.50% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,581 – $1,662 | 0.15% | 0.32% |
| 2-Bedroom | $2,054 – $2,159 | 0.83% | 0.83% |
| 3-Bedroom | $2,988 – $3,217 | 2.14% | 3.91% |
| 4-Bedroom | $3,697 – $3,829 | 0.59% | -1.10% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,913 – $2,011 | -1.08% | -1.76% |
| 2-Bedroom | $2,435 – $2,560 | -2.25% | 0.45% |
| 3-Bedroom | $2,856 – $3,125 | 2.18% | 1.44% |
| 4-Bedroom | $3,284 – $3,487 | 2.12% | -1.46% |
In the North Tacoma / Proctor (98406, 98407) rental market, 1-bedroom apartments saw a notable month-over-month jump of 8.1%, reaching a median rent of $1,574 for July. Annual growth was more modest at 1.0%, setting this segment apart as the most aggressively rising on a short-term basis.
Average rent for 3-bedroom apartments was $2,945, just $13 higher than 3-bedroom single-family homes in North Tacoma / Proctor (98406, 98407), which posted $2,932. Apartments in this segment advanced 6.45% year-over-year, while the single-family category slipped 0.6% over the same period.
Among larger units, North Tacoma / Proctor (98406, 98407) rental trends show 4-bedroom apartments finishing July at $3,721, up 0.65% month-over-month. This differs from 4-bedroom single-family homes, which saw a 2.6% decline year-over-year, underscoring contrasting rent movements between major property types.