Pacific, Washington Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Pacific, Washington rental market.

Pacific, Washington

Average Apartment Rent

$1,832

Y-o-Y Change in Average
Apartment Rent

4.5%

As of June 2025

Compared to a year ago, Pacific, Washington apartments have recorded a 4.5% rent increase.

Pacific, Washington Average apartment rent trend

Median Rent Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025
Pacific $1,825 $1,809 $1,827 $1,750 $1,761 $1,808 $1,863 $1,817
National $1,703 $1,703 $1,722 $1,710 $1,716 $1,736 $1,729 $1,736
Pacific
National
Nov 2022
$1,825
$1,703
Mar 2023
$1,809
$1,703
Jul 2023
$1,827
$1,722
Nov 2023
$1,750
$1,710
Mar 2024
$1,761
$1,716
Jul 2024
$1,808
$1,736
Nov 2024
$1,863
$1,729
Mar 2025
$1,817
$1,736

Pacific, Washington Average Apartment Rent

Pacific, Washington Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 84.79%, apartments priced $1,500 - $2,000 represent the bulk of Pacific, Washington rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 15.21%.

Pacific, Washington Housing tenure**

Renter occupied housing units 1,194
Owner occupied housing units 1,252

Renters take up 49% of Pacific, Washington real estate, occupying a total of 1,194 units, while homeowners live in 1,252 properties.

Median number of rooms of renter-occupied housing units**

4.8

Renter median household income**

$65,089

Average household size of renter-occupied housing units**

2.66

Rental vacancy rate**

3.5%

Pacific, Washington Renter-occupied housing units by no. of bedrooms**

1 bed 304
2 beds 504
3 beds 345
4 beds 41

There are 504 rentals in Pacific, Washington with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 41 units. Overall, the median number of rooms in Pacific, Washington homes for rent is 4.8.

Pacific, Washington Renter-occupied units by age of householder**

25 - 34 years 411
35 - 44 years 340
45 - 54 years 137
55 - 59 years 116
60 - 64 years 13
65 - 74 years 98
75 - 84 years 79

Most condos for rent in Pacific, Washington are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 35 - 44 years age group (28%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.

Pacific, Washington Renter-occupied housing units by family type**

Family households 861
Non-Family Households 333

Pacific, Washington Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 493
No related children of the householder under 18 701

A total of 861 apartments for rent in Pacific, Washington, or 72% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 493 units. All in all, the median size of a renter-occupied household in Pacific, Washington is 2.66.

Pacific, Washington Renter-occupied housing units by educational attainment**

Less than high school graduate 20
High school graduate (including equivalency) 194
Some college or associate's degree 686
Bachelor's degree or higher 294

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Pacific, Washington.

Pacific, Washington Renter-occupied units by year structure built**

Built 2000 - 2009 139
Built 1990 - 1999 105
Built 1980 - 1989 415
Built 1970 - 1979 310
Built 1960 - 1969 31
Built 1950 - 1959 144
Built 1940 - 1949 50

The highest share of Pacific, Washington apartment rentals, namely 35% or 415 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (26%, 310 units), and the ones Built 1950 - 1959 (12%, 144 units).

Pacific, Washington Renter-occupied units by year householder moved in**

Moved in 2018 to 2020 213
Moved in 2010 to 2017 722
Moved in 2000 to 2009 241
Moved in 1990 to 1999 18

Median year renter moved into unit 2014

Most Pacific, Washington renters (60%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Pacific, Washington condos for rent is 2014.

Pacific, Washington Renter-occupied housing units by vehicles available**

No vehicle available 72
1 vehicle available 297
2 vehicles available 558
3 vehicles available 98
4 vehicles available 41
5 or more vehicles available 128

When it comes to transportation options, 47% of Pacific, Washington renters have 2 vehicles available per household, 25% of them have 1 vehicle available, and 11% have 5 or more vehicles available.

Pacific, Washington Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,318
Car, truck, or van - carpooled 281
Public transportation (excluding taxicab) 88
Walked 57
Taxicab, motorcycle, bicycle, or other means 102
Worked at home 47

Pacific, Washington Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,998
Moved within same county 98
Moved from different county within same state 16
Moved from different state 40

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Pacific, Washington apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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