Cheap Homes for Rent in University Place Neighborhood of Tacoma, WA from $600 (7 Rentals)

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

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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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 $1,195. Sunset Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,345. Here are the most affordable University Place apartments for rent in Tacoma, WA:

Apartment ListingModel NameBed/BathPriced From
Sundance ApartmentsOne Bedroom1BR,1BA$1,195
Sunset Ridge Apartments1x1 Standard1BR,1BA$1,345
Latitude 47StudioStudio,1BA$1,350

Best Value Apartments for Rent in University Place, WA

As of September 06, 2025 the best value apartment in the University Place area is the $1.50 price per square foot 2bed 1.5bath Townhouse Model at SoundWest Townhomes in the in the University Place neighborhood starting from $1,795. The second greatest value University Place apartment is the 2 Bed 1.5 Bath Model at The Verandas Apartment Homes starting at $1,695 with a $1.65 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 ListingModel NameBed/BathPrice Per Sq.Ft.
SoundWest Townhomes2bed 1.5bath Townhouse2BR,1.5BA$1.50
The Verandas Apartment Homes2 Bed 1.5 Bath2BR,1.5BA$1.65
Latitude 471 Bed 1 Bath + Den1BR,1BA$1.76
Cascade Terrace2BR/1BA2BR,1BA$1.58
Merrill Creek2 Bed 2 Bath2BR,2BA$1.91
Alameda West Apartments2 Bedroom2BR,1.5BA$1.84
Timbre ApartmentsThe Orchard2BR,1BA$1.81
Hillside Glen Apartments2 Bedroom 1 Bath2BR,1BA$1.64
5513 Cirque Dr W, Unit C5513 Cirque Dr W2BR,1BA$1.83
Scenic Pines ApartmentsRed Pine2BR,1BA$1.83

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
University Place, Tacoma, WA

Ranked #9

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 212 Apartments for Rent in University Place, WA with pricing that ranges from $855 to $4,135. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $600 to $3,995.

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 $600 to $3,995 with an average monthly rent of $2,564.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.