Cheap Apartments for Rent in the University Place Neighborhood of Tacoma, WA from $800 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Place area of Tacoma.

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Colonial Park
1 to 3 Bedroom Apartments

Colonial Park

7722 40th St WTacoma, WA 98466

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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5205 66th Street Ct W
$1,145 - $1,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,195
Total Monthly Price
$1,145 - $1,195
1 Bedroom Apartment Available Now

5205 66th Street Ct W

5205 66th Street Ct WUniversity Place, WA 98467
property at 5205 66th St W

$1,145 - $1,195

1 Bedroom Rentals

Available Now

5205 66th St W

University PlaceWA98467

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Fairway View
1 to 2 Bedroom Apartments

Fairway View

6611 Lakewood Dr WUniversity Place, WA 98467
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Fir Park Apartments
1 to 2 Bedroom Apartments

Fir Park Apartments

7502-7518 41st St Ct WUniversity Place, WA 98466
  • Utilities Included
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Valencia Apartments
Studio to 3 Bedroom Apartments

Valencia Apartments

2833 Grandview Dr WUniversity Place, WA 98466
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Alpine Vistas
1 to 3 Bedroom Apartments

Alpine Vistas

2422 70th Ave WUniversity Place, WA 98466

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-32, Page 1 of 1

University Place, Tacoma, WA Local Guide

Cheapest Available University Place Apartments for Rent

 

The cheapest available apartment rental in the University Place area of Tacoma, WA is a Studio unit found at Bridgeport Terrace Apartments priced from $1,200. Greenfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here are the most affordable University Place apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Bridgeport Terrace ApartmentsStudioStudio,1BA$1,200
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1,225
Sundance ApartmentsOne Bedroom1BR,1BA$1,225
Sunset Ridge Apartments1x1 Standard1BR,1BA$1,335
Hiddenvale1 Bedroom 1 Bathroom1BR,1BA$1,350
Scenic Pines ApartmentsEastern Pine1BR,1BA$1,367
Trellis on OrchardOne Bedroom Deluxe1BR,1BA$1,375
Latitude 47StudioStudio,1BA$1,475
5031 S Orchard St2 Beds, 1 Baths2BR,1BA$1,495

Best Value Apartments for Rent in University Place, WA

As of June 05, 2026 the best value apartment in the University Place area is the $2.02 price per square foot Nisqually Model at Valley View in the in the South Tacoma neighborhood starting from $2,245. The second greatest value University Place apartment is the 2 Bedroom Model at Alameda West Apartments starting at $1,850 with a $1.82 price per square foot in the South Tacoma neighborhood. Here is today’s list of the best values for University Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Valley ViewNisqually3BR,2BA$2.02
Alameda West Apartments2 Bedroom2BR,1.5BA$1.82
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
5031 S Orchard St2 Beds, 1 Baths2BR,1BA$1.50
Sunset View2x1 Renovated-262BR,1BA$1.75
Park PlaceTwo Bedroom2BR,1BA$1.80
Hillside Glen Apartments2 Bedroom 1 Bath2BR,1BA$1.72
Hidden Hills ApartmentsBlue Spruce2BR,1BA$1.82
Trellis on OrchardOne Bedroom Deluxe1BR,1BA$1.99
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1.98

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
University Place, Tacoma, WA

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Tacoma, Washington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Place Apartments

What is a cheap apartment in University Place?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Place is under $1,495.

What is the price of a cheap apartment in University Place?

The cheapest apartment in University Place is Sundance Apartments which is listed at $1,225, while the average apartment in University Place costs $2,766.

What types of apartments are the cheapest in University Place?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 22 regular apartments in University Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University Place?

Cheap apartments in University Place have an average cost of $341 which is $2,425 cheaper than the average rent for all rentals in University Place.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.