The rent prices in real estate in Tacoma, in the Washington region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Tacoma has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.9. In November this price barely changed remaining at $1.93 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $1.91 to $2.18 per sq.feet. The price per sq.feet has had a considerable rise of 206 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.05 to $4.21 during February, and March.
When referring to the price in Tacoma (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,621. In November This price remains at $1,543. In the following two months the average price has hardly changed with regard to the previous two months from $1,582 to $1,586.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,584.25 and $1,626.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,616 they are 13 % more affordable than the average price for Tacoma . The properties with the highest average price have 4 bedrooms, Their price is 75 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,077.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.54 / sq.feet, with an average $4.05 / sq.feet price in Tacoma. The properties with the most affordable average prices have 1 bedroom. They are 40 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.02 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,616 it is 40 % more affordable than the average price in Tacoma. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,006 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.85 / sq.feet followed by "Apartment" priced at $2.26 / sq.feet. "Condo" is the most expensive type of property with a $14.17 / sq.feet value followed by "Apartment" with an average price of $2.26 / sq.feet.