614 S Stevens St
TacomaWA98406
Cheap Homes for Rent in University Place, WA from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in University Place.
614 S Stevens St
TacomaWA98406
1029 S Jackson Ave
TacomaWA98465
4513 60th Ave W
TacomaWA98466
2914 Sunset Dr W
University PlaceWA98466
9003 105 Ave SW
LakewoodWA98498
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.
9003 105 Ave SW
LakewoodWA98498
1626 Huson Dr
TacomaWA98405
1626 Huson Dr
TacomaWA98405
5021 59th Ave Ct W
University PlaceWA98466
5021 59th Ave Ct W
University PlaceWA98466
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$9501 Bedroom Apartments Available Now
7826 Emerald Dr SW, Unit 7826 Emerald Dr SW
7826 Emerald Dr SWTacoma, WA 98498
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.
4513 60th Ave W
TacomaWA98466
1610 N Defiance St
TacomaWA98406
3612 Center St
TacomaWA98409
5032 S 58th St
TacomaWA98409
2108 S J St
TacomaWA98405
4501 Grandview Dr W
University PlaceWA98466
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.
4315 S Warner St
TacomaWA98409
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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 | $1,926 | $1,450 | $2,250 |
| University Place 3 Bedroom Homes for Rent | $2,789 | $2,095 | $4,000 |
| University Place 4 Bedroom Homes for Rent | $3,340 | $2,995 | $3,700 |
| University Place 5 Bedroom Homes for Rent | $5,000 | $4,500 | $5,500 |
Browse Top Homes for Rent in University Place
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University Place, WA Local Guide
- University Place Neighborhoods
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Cheapest Neighborhoods for Apartments in University Place, WA
Pricing Updated: 05/08/2026Current 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 | $2,465 | $825 | 234 |
| Meadow Park | $2,895 | $1,225 | 115 |
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 $1,067. Steilacoom Woods in the Lake City neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable University Place apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westside Estates | Willow | 1BR,1BA | $1,067 |
| Steilacoom Woods | Studio | Studio,1BA | $1,100 |
| The Monroe | 1x1 Income Restricted 65% | 1BR,1BA | $1,205 |
| Sundance Apartments | One Bedroom | 1BR,1BA | $1,225 |
| Cedar Court Apartments | Studio Economy | Studio,1BA | $1,250 |
Best Value Apartments for Rent in University Place, WA
As of May 08, 2026 the best value apartment in the University Place area is the $1.41 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $2,295. The second greatest value University Place apartment is the 2bed 1.5bath Townhouse Model at SoundWest Townhomes starting at $1,995 with a $1.67 price per square foot in the University Place 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. |
|---|---|---|---|
| S 43rd Townhomes | S 43rd TH 2x2.5 | 2BR,2.5BA | $1.41 |
| SoundWest Townhomes | 2bed 1.5bath Townhouse | 2BR,1.5BA | $1.67 |
| Grandview Apartments | 2 Bedroom | 2BR,2BA | $1.61 |
| 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 | $1.63 |
| Viridian Grove | The Cedar | 3BR,2BA | $1.77 |
| Stonegate Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.77 |
| Hillside Glen Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.72 |
| Narrows Pointe | E | 2BR,1BA | $1.69 |
| Bridgeview 125 | 1x1 | 1BR,1BA | $1.08 |
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 Article
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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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.
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Best Local Schools in University Place, WA
Narrows View Intermediate
University Place School District
Public School - Grades K-8 (712)
9 out of 10
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 449 Apartments for Rent in University Place, WA with pricing that ranges from $950 to $3,431. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $625 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 $625 to $5,500 with an average monthly rent of $2,584.
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 $3,431, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $1,976.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.