2914 Sunset Dr W
University PlaceWA98466
Cheap Homes for Rent in University Place, WA from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in University Place.
5021 59th Ave Ct W
University PlaceWA98466
9003 105 Ave SW
LakewoodWA98498
2914 Sunset Dr W
University PlaceWA98466
4513 60th Ave W
TacomaWA98466
5021 59th Ave Ct W
University PlaceWA98466
3612 Center St
TacomaWA98409
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.
4713 61st Ave W
University PlaceWA98466
2108 S J St
TacomaWA98405
8228 24th St Ct W
TacomaWA98466
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$1,6152 Bedroom Apartments Available Now
5205 S Orchard St, Unit A
5205 S Orchard StUniversity Place, WA 98467
4006 S Lawrence St
TacomaWA98409
4315 S Warner St
TacomaWA98409
5205 S Orchard St
University PlaceWA98467
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.
Showing Results 1-14, Page 1 of 1
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 | $2,120 | $1,700 | $2,800 |
| University Place 3 Bedroom Homes for Rent | $3,001 | $2,395 | $4,000 |
| University Place 4 Bedroom Homes for Rent | $3,595 | $2,600 | $4,750 |
| University Place 5 Bedroom Homes for Rent | $4,400 | $3,300 | $5,500 |
Browse Top Homes for Rent in University Place
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University Place, WA Local Guide
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Cheapest Neighborhoods for Apartments in University Place, WA
Pricing Updated: 07/12/2026Current 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 |
|---|---|---|---|
| Meadow Park | $3,137 | $850 | 5 |
| Chambers Creek Crossing | $3,800 | $1,925 | 3 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westside Estates | Evergreen | 1BR,1BA | $1,049 |
| Pinegar Manor | Pinegar Manor | 1BR,1BA | $1,050 |
| Community Terrace | 1/1.00 | 1BR,1BA | $1,195 |
| El Popo | 1 Bedroom - Fully Renovated | 1BR,1BA | $1,200 |
| The Monroe | 1x1 Income Restricted 65% | 1BR,1BA | $1,205 |
Best Value Apartments for Rent in University Place, WA
As of July 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 350 RTH Model at Madrona Estates starting at $2,100 with a $1.75 price per square foot in the Oakbrook 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 | $1.23 |
| Madrona Estates | 350 RTH | 2BR,1.5BA | $1.75 |
| 7214 6th Ave, Unit A | 7214 6th Ave | 2BR,2BA | $1.54 |
| Park Place Apartments | Two Bedroom | 2BR,1BA | $1.81 |
| Sunset View | 2x1 Renovated-26 | 2BR,1BA | $1.75 |
| Mullen Cove Apartments | 1BD/1BA - 905 SQ FT | 1BR,1BA | $1.49 |
| 5031 S Orchard St | 2 Beds, 1 Baths | 2BR,1BA | $1.66 |
| Madrona Park | 2X1 | 2BR,1BA | $1.69 |
| Narrows Pointe | E | 2BR,1BA | $1.69 |
| 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 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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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 (681)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 462 Apartments for Rent in University Place, WA with pricing that ranges from $1,049 to $4,200. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $815 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 $815 to $5,500 with an average monthly rent of $2,599.
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 $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,395 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,600 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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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.