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5+ Days Ago
Location
5240 S Tacoma Way, Tacoma, WA 98409, USA|South Tacoma
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Floor plans
| 5236-5240 South Tacoma Way - 3 | Studio | -1 bath | 900 sqft | Don't miss out on this gorgeous 1 bedroom industrial apartment in the heart of South Tacoma! With tall ceilings and open shelving, this unit looks and feels spacious! Don't forget the washer/ dryer in unit! The location is extremely convenient, it is just minutes from I-5, the Tacoma Mall, and so much more! WHAT SHOULD I KNOW ABOUT THIS SPACE? 1. Rent = $1,595 + $106.58 for W/S/G (electric paid separately) 2. Security Deposit = $500 3. FREE First Month's Rent (October) + Security Deposit are due at move-in. 4. Comes with 1 assigned parking spot 5. Washer/Dryer in unit 6. Pets okay (with a $500 non-refundable deposit and $50 monthly pet rent) WILL I QUALIFY FOR THIS SPACE? 1. Solid employment for the last 6 months 2. Monthly income of at least 3 times monthly rent 3. 580+ Credit Score 4. Rent paid in full and on time for the last 12 months 5. No evictions Hope to hear from you soon! |
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Building details
Property details
| Units | 1 |
|---|
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About 5236-5240 South Tacoma Way
Don't miss out on this gorgeous 1 bedroom industrial apartment in the heart of South Tacoma! With tall ceilings and open shelving, this unit looks and feels spacious! Don't forget the washer/ dryer in unit! The location is extremely convenient, it is just minutes from I-5, the Tacoma Mall, and so much more! WHAT SHOULD I KNOW ABOUT THIS SPACE? 1. Rent = $1,595 + $106.58 for W/S/G (electric paid separately) 2. Security Deposit = $500 3. FREE First Month's Rent (October) + Security Deposit are due at move-in. 4. Comes with 1 assigned parking spot 5. Washer/Dryer in unit 6. Pets okay (with a $500 non-refundable deposit and $50 monthly pet rent) WILL I QUALIFY FOR THIS SPACE? 1. Solid employment for the last 6 months 2. Monthly income of at least 3 times monthly rent 3. 580+ Credit Score 4. Rent paid in full and on time for the last 12 months 5. No evictions Hope to hear from you soon!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5236-5240 South Tacoma Way compares to other nearby properties.
Considerations
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in South Tacoma
Median rents as of May 16 2026.
South Tacoma
Tacoma
| Month | Median Rent |
|---|---|
| June 2024 | $1,255 |
| July 2024 | $1,246 |
| August 2024 | $1,254 |
| September 2024 | $1,280 |
| October 2024 | $1,257 |
| November 2024 | $1,339 |
| December 2024 | $1,296 |
| January 2025 | $1,275 |
| February 2025 | $1,261 |
| March 2025 | $1,308 |
| April 2025 | $1,180 |
| May 2025 | $1,197 |
| June 2025 | $1,223 |
| July 2025 | $1,209 |
| August 2025 | $1,194 |
| September 2025 | $1,211 |
| October 2025 | $1,215 |
| November 2025 | $1,204 |
| December 2025 | $1,248 |
| January 2026 | $1,230 |
| February 2026 | $1,210 |
| March 2026 | $1,236 |
| April 2026 | $1,242 |
| May 2026 | $1,200 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,596 |
| July 2024 | $1,430 |
| September 2024 | $1,295 |
| October 2024 | $1,245 |
| November 2024 | $1,095 |
| December 2024 | $1,095 |
| January 2025 | $1,095 |
| February 2025 | $1,200 |
| March 2025 | $1,220 |
| April 2025 | $1,041 |
| May 2025 | $1,011 |
| June 2025 | $1,123 |
| July 2025 | $1,199 |
| August 2025 | $1,113 |
| September 2025 | $1,031 |
| October 2025 | $1,048 |
| November 2025 | $999 |
| December 2025 | $1,200 |
| January 2026 | $1,200 |
| February 2026 | $1,084 |
| March 2026 | $999 |
| April 2026 | $1,039 |
| May 2026 | $1,193 |
Schools near 5236-5240 South Tacoma Way
Edison Elementary School
5830 s pine st
tacoma, WA, 98409
PK, K-5Public
C+
Madison Headstart
3102 s 43rd st
tacoma, WA, 98409
PKPublic
Willard Early Learning Center
3201 s d st
tacoma, WA, 98418
PKPublic
Clover Park Early Learning Program
10202 earley ave sw
lakewood, WA, 98499
PKPublic
Tacoma Special Services
601 s 8th st
tacoma, WA, 98405
PK, K-12Public
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Internet available near 5236-5240 South Tacoma Way
Getting around Tacoma near 5240 S Tacoma Way
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 5240 S Tacoma Way, Tacoma
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
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