
Cheap Homes for Rent near University Place, WA from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in University Place.


1626 Huson Dr

9003 105 Ave SW

3612 Center 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.

1505 N Defiance St

2108 S J St

2816 Garden Ct, Unit D

4016 S Warner St, Unit B
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.

4006 S Lawrence St
University Place, 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 | $2,144 | $1,600 | $3,300 |
| University Place 3 Bedroom Homes for Rent | $2,743 | $2,295 | $3,200 |
| University Place 4 Bedroom Homes for Rent | $3,257 | $800 | $5,500 |
| University Place 5 Bedroom Homes for Rent | $5,495 | $5,495 | $5,495 |
Browse Top Homes for Rent in University Place
Explore University Place
University Place, WA Local Guide
- University Place Neighborhoods
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Cheapest Neighborhoods for Apartments in University Place, WA
Pricing Updated: 08/26/2026Current apartment rentals in the University Place, WA area range in price from $800 to $3,800 with an overall median price of $2,333. Here is today’s list neighborhoods with the lowest median pricing for University Place Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Meadow Park | $1,950 | $800 | 6 |
| Chambers Creek Crossing | $3,100 | $1,750 | 3 |
Cheapest Available University Place Apartments for Rent and Nearby
 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 $1,019. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westside Estates | Evergreen | 1BR,1BA | $1,019 |
| Pinegar Manor | Pinegar Manor | 1BR,1BA | $1,050 |
| Community Terrace | 1/1.00 | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in University Place, WA and Nearby
As of August 26, 2026 the best value apartment in the University Place area is the $1.16 price per square foot 3903 Mason Loop Rd Model at 3903 Mason Loop Rd, Unit UnitC in the in the Madrona neighborhood starting from $1,850. The second greatest value University Place apartment is the 10005 77th St SW Model at 10005 77th St SW, Unit 1 starting at $2,195 with a $1.69 price per square foot in the Lake City 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. |
|---|---|---|---|
| 3903 Mason Loop Rd, Unit UnitC | 3903 Mason Loop Rd | 2BR,1BA | $1.16 |
| 10005 77th St SW, Unit 1 | 10005 77th St SW | 2BR,2BA | $1.69 |
| Grandview Apartments | 2 Bedroom 2nd Floor | 2BR,2BA | $1.74 |
| Valley View | Quinalt | 2BR,2BA | $1.77 |
| Mullen Cove Apartments | 2BD/1BA - 1,070 SQ FT | 2BR,1BA | $1.49 |
| The Verandas Apartment Homes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.74 |
| Stonegate Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.77 |
| Timberwood Court | 2BR | 2BR,1BA | $1.62 |
| 5031 S Orchard St | 2 Beds, 1 Baths | 2BR,1BA | $1.66 |
| Pinegar Manor | Pinegar Manor | 1BR,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.
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, 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 University Place
What type of rentals are currently available in University Place?
There are currently 466 Apartments for Rent in University Place, WA with pricing that ranges from $1,000 to $3,597. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $800 to $5,500.
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 $5,500 with an average monthly rent of $2,450.
How much are larger Three and Four Bedroom Rentals in University Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Place range from $1,525 to $3,597, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $3,200. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $2,088.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.