
Cheap Apartments for Rent in University Place, WA from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in University Place.


Castellan West Apartments

Fairway Heights Apartments

Fairway View

Bergerson Terrace

Monte Vista Apartments

Boulder Park
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.

Westside Estates

Vintage at Tacoma

El Popo

Steilacoom Woods

Orchard Heights Apartments

Oak Trace Apartments

Manitou Park
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.

Fircrest Wellington Apartments

Mark Twain Apartments

Marine Terrace Apartments

Garden Square

Hawaiian Village North

Meadows Apartments

Villaire Apartments
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.

601 Jackson Apartments
University Place, WA Local Guide

How much does it cost to rent an apartment in University Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap University Place Studio Apartments | $1,466 | $1,100 | $1,699 |
| Cheap University Place 1 Bedroom Apartments | $1,722 | $855 | $2,500 |
| Cheap University Place 2 Bedroom Apartments | $2,145 | $1,199 | $3,095 |
| Cheap University Place 3 Bedroom Apartments | $2,432 | $1,570 | $3,466 |
| Cheap University Place 4 Bedroom Apartments | $2,480 | $1,976 | $3,995 |
Browse Top Apartments in University Place
See all Apartments in University PlaceExplore University Place
University Place, WA Local Guide

- University Place Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in University Place, WA
Pricing Updated: 01/27/2026Current apartment rentals in the University Place, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for University Place Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Chambers Creek Crossing | $1,975 | $1,475 | 11 |
| Meadow Park | $2,987 | $1,225 | 68 |
Cheapest Available University Place Apartments for Rent
 The cheapest available apartment rental in University Place, WA is a 1 Bed unit found at Westside Estates in the West End neighborhood priced from $991. Vintage at Tacoma in the Madrona neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable University Place apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westside Estates | Evergreen | 1BR,1BA | $991 |
| Vintage at Tacoma | One Bedroom | Age 55+ | 1BR,1BA | $1,050 |
| Sundance Apartments | One Bedroom | 1BR,1BA | $1,225 |
| Morningtree Park | 1B 1B Small | 1BR,1BA | $1,275 |
| Madrona Park | 1X1 | 1BR,1BA | $1,294 |
Best Value Apartments for Rent in University Place, WA
As of January 27, 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 Classic Townhomes Model at Water's Edge Townhomes starting at $2,395 with a $1.60 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4411 76th Ave W, Unit Unit 3 | 4411 76th Ave W | 2BR,2BA | $1.08 |
| Water's Edge Townhomes | Classic Townhomes | 2BR,2.5BA | $1.60 |
| Warner II | 3/3.50 | 3BR,3.5BA | $1.63 |
| Latitude 47 | 2 Bed 2 Bath | 2BR,2BA | $1.73 |
| SoundWest Townhomes | 2bed 1.5bath Townhouse | 2BR,1.5BA | $1.67 |
| Grandview Apartments | 2 Bedroom 2nd Floor | 2BR,2BA | $1.69 |
| Miramar Apartments | 2 BDRM 1 BA | 2BR,1BA | $1.64 |
| Garden Villa Apartments | One Bedroom with Den | 1BR,1BA | $1.53 |
| Scenic Pines Apartments | Ponderosa | 3BR,2BA | $1.66 |
| Sunset View | 2x1 Renovated | 2BR,1BA | $1.60 |
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.
University Place Overview
Nestled on the picturesque Puget Sound shores, University Place, WA, offers a serene living experience. This coastal city boasts a mix of natural beauty, urban convenience, and community warmth. For many, the allure of apartments in University Place, WA, lies in the blend of these elements. University Place apartments provide residents with modern comforts and easy access to nature and city amenities. The city's growth and development have positioned it as a desirable location for all age groups. If you are looking for apartments in the local area, what do you need to know?
Why live in University Place, WA?
University Place offers a harmonious blend of nature and urban living. The city boasts top-notch schools, making it a popular choice for families. Residents have access to an array of parks, like the renowned Chambers Bay, offering recreational and relaxation opportunities. Apartments in University Place, WA are diverse, catering to various needs, from waterfront views to downtown accessibility. The city's commitment to community growth is evident in its events, infrastructure, and amenities. Living here means experiencing the best of both worlds: a peaceful environment with city conveniences.
Best Local Schools in University Place, WA
Narrows View Intermediate
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore University Place, WA Rentals by Map
See the most popular apartments and homes in University Place, WA
Frequently Asked Questions about Cheap University Place Apartments
What is the Cheapest Studio apartment in University Place?
Currently the most affordable Cheap Studio Apartment in University Place is at Flamingo Apartments listed at $1,300.
How much is rent for a Cheap One Bedroom University Place Apartment?
The lowest price for a Cheap One Bedroom University Place Apartment is $991 at Westside Estates.
What is the lowest price for a Cheap Two Bedroom University Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Place is starting from $1,199 at Vintage at Tacoma.
What is the most affordable University Place Three Bedroom Apartment?
The best deal on a cheap University Place Three Bedroom Apartment rental is at Scenic Pines Apartments and starts from $1,779.
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.