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 February, the average price per sq.feet was $1.62. In the following month the price per sq.feet rose considerably to $3.45. The price for the following two months in (April, May) had a considerable rise of 141 %. The price per sq.feet has had a considerable rise of 200 % 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 $3.05 to $6.09 during June, and July.
When referring to the price in Tacoma (cities), this has risen in the last 6 months. The rent price in February is $1,382, rising in March till $1,456. In the following two months the average price has hardly changed with regard to the previous two months from $1,419 to $1,408. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,544 they are 23 % more affordable than the average price for Tacoma . The properties with the highest average price have 4 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,856.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $5.2 / sq.feet, with an average $6.24 / sq.feet price in Tacoma. The properties with the most expensive average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 4 bedrooms with a price at $8.22 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,544 it is 18 % more affordable than the average price in Tacoma. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Commercial". At a price of $1,693 it is 23 % 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 $5.15 / sq.feet followed by "Condo" priced at $5.68 / sq.feet. "Commercial" is the most expensive type of property with a $18 / sq.feet value followed by "Land" with an average price of $12.06 / sq.feet.