Housing in Pierce County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Pierce County averages $1,806/month for a 2‑bedroom in 2024, compared to the Washington median of $1,760 and the national median of $1,413. Local renters spend approximately 32% of household income on rent, equal to the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Pierce County FMR Area are $1,528 for a studio, $1,717 for 1‑bedroom, $2,109 for 2‑bedroom, $2,924 for 3‑bedroom, and $3,319 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $303 increase for a 2-bedroom in Pierce County shows a 17% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Pierce County was 4.6% in 2024, compared to Washington at 4.5% and the national rate of 4.0%.

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Towns near Lakebay

City
County
State
Miles
Pierce
WA
0.0
Pierce
WA
5.9
Pierce
WA
6.7
Pierce
WA
7.0
Pierce
WA
7.0
Pierce
WA
8.5
Pierce
WA
8.9
Pierce
WA
8.9
Pierce
WA
9.1
Pierce
WA
10.4
Pierce
WA
12.7
Pierce
WA
14.2
Pierce
WA
15.1
Pierce
WA
15.2
Pierce
WA
15.3
Pierce
WA
16.0
Pierce
WA
16.5
Pierce
WA
16.9
Pierce
WA
17.3
Pierce
WA
18.0
Pierce
WA
18.4
Pierce
WA
19.1
Pierce
WA
20.6
Pierce
WA
21.0
Pierce
WA
21.3
Pierce
WA
21.4
Pierce
WA
21.9
Pierce
WA
27.7
Pierce
WA
34.8
Pierce
WA
40.6

Renter Qualifications

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