Cheap Apartments for Rent in 98406
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Use arrow keys to navigateNEW - 2 DAYS AGOPET FRIENDLY$1,195 - $1,695/mo
Studio-2 Beds
1 BathThe Anderson Apartments: Renovated Units, Great Location! | 616 N Anderson St,
Tacoma, WA 98406
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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 Oct 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,000 |
| Dec 2025 | $1,973 |
| Jan 2026 | $1,806 |
| Feb 2026 | $1,775 |
| Mar 2026 | $1,528 |
| Apr 2026 | $1,675 |
| May 2026 | $1,680 |
| Jun 2026 | $1,935 |
| Jul 2026 | $1,900 |
| Aug 2026 | $2,095 |
| Sep 2026 | $2,066 |
| Oct 2026 | $2,247 |
Average Rent By Bedroom and Home Type
In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,495 | $2,183 | $2,750 | $3,250 | $2,350 |
| Townhomes | $1,644 | — | $2,600 | — | $1,644 |
| Apartments and Condos | $1,295 | $2,011 | $2,600 | — | $2,000 |
| Houses | $1,600 | $2,678 | $2,795 | $3,250 | $2,875 |
Frequently Asked Questions about Rentals in 98406
- What is the average rent of an apartment in 98406?The average rent of an apartment in 98406 is $1,749 per month. This is about 10% lower than the national average.
- What are the cheapest months to find an apartment to rent in 98406?Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,819 per month.
- How many cheap apartments are available in 98406?There are 37 apartments to rent that are cheaper than the city’s average rent of $2,350.
- 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 $2,250 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 $1,495 per month. That is about $153 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 98406 - 98 Rentas | Trulia