Apartments in 98406

34 rentals

Apartments For Rent Near 98406

We found 30 more apartments matching your filters just outside 98406

Average Rent Trends in 98406

Rent in 98406 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$1,532
Jul 2025$1,653
Aug 2025$1,623
Sep 2025$1,976
Oct 2025$1,764
Nov 2025$1,623
Dec 2025$1,530
Jan 2026$1,583
Feb 2026$1,645
Mar 2026$1,916
Apr 2026$1,401
May 2026$1,575
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,325$1,995$2,295$4,000$1,680
Townhomes—$2,000——$2,000
Apartments and Condos$1,207$1,900$2,295—$1,650
Houses—$3,078$3,000$4,000$3,500

Frequently Asked Questions about Apartments and Condos for rent in 98406

  • What is the average rent of an apartment in 98406?
    The average rent of an apartment in 98406 is $1,551 per month. This is about 20% lower than the national average.
  • When is the average rent cheapest in 98406?
    In the last year, the average rent in 98406 was lowest in Jan 2025 when it was $1,485 per month.
  • When is the average rent most expensive in 98406?
    In the last year, the average rent in 98406 was highest in Sep 2025 when it was $1,976 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 98406?
    The average rent of a 1 bedroom apartment in 98406 is $1,367 per month. That is about $152 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 98406?
    There are 33 available apartments or condos to rent in 98406.
  • What are some cities near 98406?
    Some nearby cities include: Fircrest, Ruston, Tacoma, University Place, Fox Island, Lakewood. These cities may have more rental options to explore.