Cheap Apartments for Rent in University Place, WA from $500 (113 Rentals)

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

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5205 66th Street Ct W
$1,095 - $1,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,145
Total Monthly Price
$1,095 - $1,145
1 Bedroom Apartment Available Now

5205 66th Street Ct W

5205 66th Street Ct WUniversity Place, WA 98467
property at 5205 66th St W

$1,095 - $1,145

1 Bedroom Rentals

Available Now

5205 66th St W

University PlaceWA98467

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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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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Fairway View
1 to 2 Bedroom Apartments

Fairway View

6611 Lakewood Dr WUniversity Place, WA 98467
  • Utilities Included
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Fir Park Apartments
1 to 2 Bedroom Apartments

Fir Park Apartments

7502-7518 41st St Ct WUniversity Place, WA 98466
  • Utilities Included
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Valencia Apartments
Studio to 3 Bedroom Apartments

Valencia Apartments

2833 Grandview Dr WUniversity Place, WA 98466
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27 West Apartments
Studio to 2 Bedroom Apartments

27 West Apartments

7212 27th St WUniversity Place, WA 98466
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Alpine Vistas
1 to 3 Bedroom Apartments

Alpine Vistas

2422 70th Ave WUniversity Place, WA 98466
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Bridgeport Square
1 to 2 Bedroom Apartments

Bridgeport Square

4401 76th Ave WUniversity Place, WA 98466

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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Park West
Studio to 2 Bedroom Apartments

Park West

6407-6425 53rd Ave WUniversity Place, WA 98467
property at 1029 S Jackson Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1029 S Jackson Ave

TacomaWA98465

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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University Place, WA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in University Place, WA

Pricing Updated: 06/12/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Chambers Creek Crossing$1,925$1,9251
Meadow Park$2,600$9006

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 $1,049. Pinegar Manor in the South Tacoma 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 ListingModel NameBed/BathPriced From
Westside EstatesEvergreen1BR,1BA$1,049
Pinegar ManorPinegar Manor1BR,1BA$1,050
Steilacoom WoodsStudioStudio,1BA$1,150
El Popo1 Bedroom - Fully Renovated1BR,1BA$1,200
The Monroe1x1 Income Restricted 65%1BR,1BA$1,205
Sundance ApartmentsOne Bedroom1BR,1BA$1,225
Greenfield Apartments1 Bedroom 1 Bathroom1BR,1BA$1,225
Westwood ApartmentsOne Bedroom One Bath1BR,1BA$1,225
Morningtree Park1B 1B Small1BR,1BA$1,275

Best Value Apartments for Rent in University Place, WA

As of June 12, 2026 the best value apartment in the University Place area is the $1.23 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $1,995. The second greatest value University Place apartment is the 7214 6th Ave Model at 7214 6th Ave, Unit A starting at $1,715 with a $1.43 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.
S 43rd TownhomesS 43rd TH 2x2.52BR,2.5BA$1.23
7214 6th Ave, Unit A7214 6th Ave2BR,2BA$1.43
Harbor Oaks3 Beds 1 Bath3BR,1BA$1.82
Miramar Apartments2 BDRM 1 BA2BR,1BA$1.45
Park PlaceTwo Bedroom2BR,1BA$1.80
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
5031 S Orchard St2 Beds, 1 Baths2BR,1BA$1.50
Sunset View Apartments2x1 Renovated-262BR,1BA$1.75
Mullen Cove1BD/1BA - 905 SQ FT1BR,1BA$1.49
Pinegar ManorPinegar Manor1BR,1BA$1.50

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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Real 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.

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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

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Steilacoom Woods listed at $1,150.

How much is rent for a Cheap One Bedroom University Place Apartment?

The lowest price for a Cheap One Bedroom University Place Apartment is $1,049 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 $1,351 at Westside Estates.

What is the most affordable University Place Three Bedroom Apartment?

The best deal on a cheap University Place Three Bedroom Apartment rental is at Timberwood Court and starts from $1,795.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.