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 April, the average price per sq.feet was $1.61. In May this price barely changed remaining at $1.66 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.63 to $1.75 per sq.feet. The price per sq.feet has had a considerable rise of 123 % 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 $1.69 to $2.09 during August, and September.
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 April, the average price is $1,435. In May This price remains at $1,503. In the following two months the average price has hardly changed with regard to the previous two months from $1,469 to $1,416.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $1,626 they are 16 % more affordable than the average price for Tacoma . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,936.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.41 / sq.feet, with an average $2.12 / sq.feet price in Tacoma. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.7 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,626 it is 40 % 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 "House". At a price of $1,429 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.56 / sq.feet followed by "House" priced at $2.46 / sq.feet. "House" is the most expensive type of property with a $2.46 / sq.feet value followed by "Condo" with an average price of $1.56 / sq.feet.