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Updated 5+ Days Ago

Location

5040 38th St Ne, Tacoma, WA 98422, USA|Northeast Tacoma

Property Overview

Located in Tacoma’s 98422 area, the home offers strong value for money, a nearby top-rated high school, and 15 photos that provide a helpful preview. It may also appeal to those working from home, with high-speed internet, a quiet setting, and large windows that bring in natural light.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • High school nearby
  • Less expensive
  • Fireplace

Great for

  • Work-from-home

Available rentals nearby

featured image of 31912 3rd Ln Sw

Ridge & Shores

Our team has verified this company

31912 3rd Ln Sw

3 Beds

$2,205–$3,119

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 1901 Sw 320th St

Sunset Three Twenty

Our team has verified this company

1901 Sw 320th St

3 Beds

$2,692–$3,829

Total Monthly Price. The price shown reflects an 11-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 2401 66th Ave Ne

2401 66th Ave Ne, Tacoma, WA, 98422

Our team has verified this company

Northeast Tacoma • 2401 66th Ave Ne

3 Beds

$2,800

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 1801 Sw 331st Pl

1801 Sw 331st Pl, Federal Way, WA, 98023

Our team has verified this company

1801 Sw 331st Pl

3 Beds

$2,809

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 201 E 25th St

New Tacoma • 201 E 25th St

3 Beds

$2,395

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1507 63rd Ave Ne

Northeast Tacoma • 1507 63rd Ave Ne

3 Beds

$3,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 2433 S I St

Central • 2433 S I St

3 Beds

$2,399

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 31500 1st Ave S

31500 1st Ave S

3 Beds

$2,317–$2,626

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 31912 3rd Ln Sw

Ridge & Shores

Our team has verified this company

31912 3rd Ln Sw

3 Beds

$2,205–$3,119

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 1901 Sw 320th St

Sunset Three Twenty

Our team has verified this company

1901 Sw 320th St

3 Beds

$2,692–$3,829

Total Monthly Price. The price shown reflects an 11-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 2401 66th Ave Ne

2401 66th Ave Ne, Tacoma, WA, 98422

Our team has verified this company

Northeast Tacoma • 2401 66th Ave Ne

3 Beds

$2,800

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 1801 Sw 331st Pl

1801 Sw 331st Pl, Federal Way, WA, 98023

Our team has verified this company

1801 Sw 331st Pl

3 Beds

$2,809

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 201 E 25th St

New Tacoma • 201 E 25th St

3 Beds

$2,395

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1507 63rd Ave Ne

Northeast Tacoma • 1507 63rd Ave Ne

3 Beds

$3,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 2433 S I St

Central • 2433 S I St

3 Beds

$2,399

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 31500 1st Ave S

31500 1st Ave S

3 Beds

$2,317–$2,626

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.

Rent trends in Northeast Tacoma

3-bedroom apartments at 5040 38th St Ne cost about 10% less than the average rent price for 3-bedroom apartments in Tacoma.

Median rents as of Oct 24 2026.
Northeast Tacoma
Tacoma
A table of 3-bedroom apartment rental data trends in Tacoma
MonthMedian Rent
November 2024$2,292
December 2024$2,312
January 2025$2,411
February 2025$2,460
March 2025$2,473
April 2025$2,453
May 2025$2,499
June 2025$2,500
July 2025$2,510
August 2025$2,493
September 2025$2,418
October 2025$2,375
November 2025$2,365
December 2025$2,459
January 2026$2,495
February 2026$2,525
March 2026$2,491
April 2026$2,500
May 2026$2,559
June 2026$2,600
July 2026$2,561
August 2026$2,594
September 2026$2,597
October 2026$2,511
A table of 3-bedroom apartment rental data trends in Northeast Tacoma
MonthMedian Rent
December 2024$2,510
January 2025$2,510
March 2025$2,826
April 2025$2,500
May 2025$2,496
June 2025$2,620
July 2025$2,700
August 2025$2,995
September 2025$2,750
November 2025$2,569
December 2025$2,910
January 2026$2,898
February 2026$2,772
March 2026$2,708
April 2026$2,765
May 2026$2,935
June 2026$3,078
July 2026$3,020
August 2026$2,949
September 2026$2,896
October 2026$2,873

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 5040 38th St Ne, Tacoma, WA.
Last month$2,650

Schools near 5040 38th St Ne

Crescent Heights Elementary School

4110 nassau ave ne

tacoma, WA, 98422

K-5Public
B+

Fife Elementary School

5804 20th st e

tacoma, WA, 98424

K-5Public
B-

Tacoma Special Services

601 s 8th st

tacoma, WA, 98405

PK, K-12Public

Willard Early Learning Center

3201 s d st

tacoma, WA, 98418

PKPublic

Chief Leschi School

5625 52nd st east

puyallup, WA, 98371

K-12Public
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Neighborhood

Northeast Tacoma | Tacoma, WA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Tacoma near 5040 38th St Ne

Walking

4/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 5040 38th St Ne, Tacoma

Groceries

8/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

3/10
Some shops within a short drive

Cafes

4/10
Variety of cafés within a short drive

Restaurants

5/10
Variety of restaurants within a short drive

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

3/10
Some bars within a short drive

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