
Cheap Homes for Rent in the University Place Neighborhood of Tacoma, WA from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Tacoma.


1626 Huson Dr

5032 S 58th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

5205 S Orchard St

7501 Ruby Dr SW

5205 S Orchard St, Unit A
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
University Place, Tacoma, WA Local Guide

How much does it cost to rent a home in University Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Place 2 Bedroom Homes for Rent | $1,935 | $1,450 | $2,650 |
| University Place 3 Bedroom Homes for Rent | $3,139 | $2,695 | $3,500 |
| University Place 4 Bedroom Homes for Rent | $2,698 | $800 | $3,800 |
| University Place 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Tacoma, WA.
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University Place, Tacoma, WA Local Guide
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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 Greenfield Apartments priced from $1,250. Boulder Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable University Place apartments for rent in Tacoma, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenfield Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,250 |
| Boulder Park | 1x1 | 1BR,1BA | $1,325 |
| Sunset Ridge Apartments | 1x1 Standard | 1BR,1BA | $1,335 |
Best Value Apartments for Rent in University Place, WA
As of August 08, 2026 the best value apartment in the University Place area is the $1.78 price per square foot 2 Bedroom 3rd Floor Model at Grandview Apartments in the in the West End neighborhood starting from $2,049. The second greatest value University Place apartment is the 3x2 Model at Boulder Park starting at $2,100 with a $1.91 price per square foot in the University Place neighborhood. Here is today’s list of the best values for University Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grandview Apartments | 2 Bedroom 3rd Floor | 2BR,2BA | $1.78 |
| Boulder Park | 3x2 | 3BR,2BA | $1.91 |
| Timbre Apartments | The Aspen | 2BR,2BA | $1.91 |
| Alameda West Apartments | 2 Bedroom | 2BR,1.5BA | $1.82 |
| Park Place Apartments | Two Bedroom | 2BR,1BA | $1.81 |
| 5031 S Orchard St | 2 Beds, 1 Baths | 2BR,1BA | $1.66 |
| Trellis on Orchard Apartments | Two Bedroom One Bath Standard | 2BR,1BA | $1.95 |
| Hiddenvale | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.77 |
| Villager Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.87 |
| Bridgeport Terrace Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.91 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in University Place, Tacoma, WA
School data provided by Great Schools
Frequently Asked Questions about University Place
What type of rentals are currently available in University Place?
There are currently 216 Apartments for Rent in University Place, WA with pricing that ranges from $1,325 to $3,597. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $800 to $3,850.
What is the current price range for Rental Homes in University Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Place ranges from $800 to $3,850 with an average monthly rent of $2,453.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.