
Cheap Homes for Rent in University Place Neighborhood of Tacoma, WA from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Tacoma.


4513 60th Ave W

2504 Bridgeport Way W

1626 Huson Dr
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.

7826 Emerald Dr SW

2504 Bridgeport Way W

5726 59th St Ct W

5217 S Orchard St
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.
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 | $2,285 | $1,700 | $2,995 |
| University Place 3 Bedroom Homes for Rent | $2,944 | $2,250 | $4,500 |
| University Place 4 Bedroom Homes for Rent | $3,156 | $2,895 | $3,430 |
| University Place 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| University Place 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Sundance Apartments priced from $1,225. Sunset Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable University Place apartments for rent in Tacoma, WA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sundance Apartments | One Bedroom | 1BR,1BA | $1,225 |
| Sunset Ridge Apartments | 1x1 Standard | 1BR,1BA | $1,295 |
| Trellis on Orchard | One Bedroom Deluxe | 1BR,1BA | $1,355 |
Best Value Apartments for Rent in University Place, WA
As of January 29, 2026 the best value apartment in the University Place area is the $1.08 price per square foot 4411 76th Ave W Model at 4411 76th Ave W, Unit Unit 3 in the in the University Place neighborhood starting from $1,775. The second greatest value University Place apartment is the 3 Bed 2 Bath Model at The Verandas Apartment Homes starting at $2,245 with a $1.81 price per square foot in the Madrona 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. |
|---|---|---|---|
| 4411 76th Ave W, Unit Unit 3 | 4411 76th Ave W | 2BR,2BA | $1.08 |
| The Verandas Apartment Homes | 3 Bed 2 Bath | 3BR,2BA | $1.81 |
| SoundWest Townhomes | 2bed 1.5bath Townhouse | 2BR,1.5BA | $1.67 |
| Grandview Apartments | 2 Bedroom 2nd Floor | 2BR,2BA | $1.69 |
| Scenic Pines Apartments | Ponderosa | 3BR,2BA | $1.66 |
| Latitude 47 | 1 Bed 1 Bath | 1BR,1BA | $1.69 |
| Sunset View | 2x1 Renovated | 2BR,1BA | $1.60 |
| Stonegate Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.77 |
| Park Place | Two Bedroom | 2BR,1BA | $1.81 |
| Merrill Creek | 2 Bed 2 Bath | 2BR,2BA | $1.84 |
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 ArticleThe 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.
Read ArticleCash 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.
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 207 Apartments for Rent in University Place, WA with pricing that ranges from $855 to $3,466. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $750 to $6,000.
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 $750 to $6,000 with an average monthly rent of $3,122.
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

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.