Cheap Apartments for Rent in the University Place Neighborhood of Tacoma, WA from $800 (78 Rentals)

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

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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Colonial Park
Studio to 3 Bedroom Apartments

Colonial Park

7722 40th St WTacoma, WA 98466
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Hazelwood Terrace
2 to 3 Bedroom Apartments

Hazelwood Terrace

3021-3035 S Orchard StTacoma, WA 98466
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The Alicia Apartments
2 Bedroom Apartments

The Alicia Apartments

3318 Bridgeport Way WTacoma, WA 98466
  • Utilities Included

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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Alta University Place
Rent Specials
$1,674 - $2,778
Total Monthly Price

Total Monthly Price

Base Rent
$1,674 - $2,778
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Alta University Place

2211 68th Avenue Ct WUniversity Place, WA 98466
Student Housing
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 1 Bed unit found at Sundance Apartments priced from $1,225. Scenic Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,293. Here are the most affordable University Place apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Sundance ApartmentsOne Bedroom1BR,1BA$1,225
Scenic Pines ApartmentsEastern Pine1BR,1BA$1,293
Hiddenvale1 Bedroom 1 Bathroom1BR,1BA$1,325
Sunset Ridge Apartments1x1 Standard1BR,1BA$1,335
Trellis on OrchardOne Bedroom Deluxe1BR,1BA$1,375
Narrows Ridge ApartmentsOne bedroom with W/D1BR,1BA$1,440
The Verandas Apartment Homes1 Bed 1 Bath1BR,1BA$1,445
Park PlaceOne Bedroom1BR,1BA$1,495
Orchard TerraceOne Bedroom1BR,1BA$1,499
Abbey Lane Apartments1 Bedroom Standard1BR,1BA$1,525

Best Value Apartments for Rent in University Place, WA

As of April 17, 2026 the best value apartment in the University Place area is the $1.67 price per square foot 2bed 1.5bath Townhouse Model at SoundWest Townhomes in the in the University Place neighborhood starting from $1,995. The second greatest value University Place apartment is the 2 Bedroom 2nd Floor Model at Grandview Apartments starting at $2,049 with a $1.78 price per square foot in the West End 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.
SoundWest Townhomes2bed 1.5bath Townhouse2BR,1.5BA$1.67
Grandview Apartments2 Bedroom 2nd Floor2BR,2BA$1.78
Alameda West Apartments2 Bedroom2BR,1.5BA$1.82
Sunset View2x1 Renovated2BR,1BA$1.65
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
Timbre ApartmentsThe Orchard2BR,1BA$1.91
Hillside Glen Apartments2 Bedroom 1 Bath2BR,1BA$1.72
Hidden Hills ApartmentsBlue Spruce2BR,1BA$1.82
Park PlaceOne Bedroom1BR,1BA$1.87
The Verandas Apartment Homes1 Bed 1 Bath1BR,1BA$1.95

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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

School data provided by Great Schools

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 $1,525.

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 $2,546.

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 20 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 $261 which is $2,285 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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.