Tacoma, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Tacoma short-term rental market based on reliable data.

Listings

1774 / 3823

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$32,554

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$486,501

Median Home Sale Price

Top Earners

$64,656

Top-Earners Revenue

Tacoma

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Tacoma.

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B

Generally Investor friendly

Tacoma Regulations

Entire home/ADU STRs are permitted citywide without owner-occupancy, 1–2 room rentals are allowed without permits, and renting 3–9 rooms is possible via a Conditional Use Permit, indicating no meaningful caps for primary investor strategies. Compliance includes a modest business license, light safety requirements, and state tax registration. The regulatory stance is supportive and the permitting process is known and manageable.

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About Tacoma

Tacoma, Washington, is a mid-sized city located in the Puget Sound region and serves as the county seat for Pierce County. As of 2023, Tacoma has a population of approximately 220,000 residents. It is situated about 34 miles south of Seattle, making it relatively close to a major urban center, yet retaining its distinct character and appeal.

Tacoma is well known for its vibrant arts scene, diverse cultural landmarks, and proximity to outdoor recreational activities. The city's economy is bolstered by the Port of Tacoma, one of the largest deep-water ports in North America, and it also hosts several significant institutions and landmarks that make it an attractive destination for short-term rentals.

One key attraction is the Museum of Glass Museum of Glass, which showcases contemporary glass art and provides demonstrations of glassblowing. Additionally, the Washington State History Museum Washington State History Museum offers visitors a deep dive into the state's history with engaging exhibits and educational programs.

For those who enjoy nature, Point Defiance Park Point Defiance Park offers an expansive 760-acre urban park featuring gardens, beaches, and the Point Defiance Zoo & Aquarium Point Defiance Zoo & Aquarium. Another notable landmark is the LeMay - America’s Car Museum LeMay - America's Car Museum, which boasts a vast collection of classic and vintage automobiles.

Tacoma's close proximity to Mount Rainier National Park provides additional appeal to nature lovers and outdoor enthusiasts. The city's strategic location between the mountains and the ocean makes it an ideal choice for travelers looking to explore both natural and urban environments.

In summary, Tacoma's unique blend of cultural landmarks, historical sites, and natural beauty, combined with its access to Seattle’s metropolitan amenities, makes it an appealing option for short-term rentals. Visitors can enjoy a variety of activities ranging from arts and culture to outdoor adventures, all within a city that maintains a welcoming, community-focused atmosphere.

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