1029 S Jackson Ave
TacomaWA98465
Cheap Homes for Rent in University Place, WA from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in University Place.
7630 S Yakima Ave
TacomaWA98408
1520 S 56th St
TacomaWA98408
4513 60th Ave W
TacomaWA98466
9003 105 Ave SW
LakewoodWA98498
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.
1626 Huson Dr
TacomaWA98405
1626 Huson Dr
TacomaWA98405
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$1,100Studio Apartments Available Now
2504 Bridgeport Way W
2504 Bridgeport Way WUniversity Place, WA 98466
1610 N Defiance St
TacomaWA98406
2108 S J St
TacomaWA98405
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.
5032 S 58th 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 | $2,038 | $1,650 | $2,700 |
| University Place 3 Bedroom Homes for Rent | $2,567 | $1,995 | $3,019 |
| University Place 4 Bedroom Homes for Rent | $3,350 | $3,050 | $3,900 |
| University Place 5 Bedroom Homes for Rent | $4,397 | $3,295 | $5,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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: 03/23/2026Current 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 | $2,995 | $1,650 | 3 |
| Chambers Creek Crossing | $3,295 | $3,295 | 1 |
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. The Monroe in the Madrona neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,205. 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 |
| The Monroe | 1x1 Income Restricted 65% | 1BR,1BA | $1,205 |
| Westwood Apartments | One Bedroom One Bath | 1BR,1BA | $1,225 |
| 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 March 23, 2026 the best value apartment in the University Place area is the $1.47 price per square foot S 43rd TH 2x2.5 Model at S 43rd Townhomes in the in the Madrona neighborhood starting from $2,395. 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 | $1.47 |
| SoundWest Townhomes | 2bed 1.5bath Townhouse | 2BR,1.5BA | $1.67 |
| 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 | $1.67 |
| Viridian Grove | The Cedar | 3BR,2BA | $1.77 |
| Stonegate Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.77 |
| Starview Apartments | 2x2 | 2BR,2BA | $1.60 |
| Sunset View | 2x1 Renovated | 2BR,1BA | $1.65 |
| Hillside Glen Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.72 |
| Narrows Pointe | E | 2BR,1BA | $1.75 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
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Best Local Schools in University Place, WA
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Frequently Asked Questions about University Place
What type of rentals are currently available in University Place?
There are currently 444 Apartments for Rent in University Place, WA with pricing that ranges from $795 to $5,241. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $750 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 $750 to $5,500 with an average monthly rent of $2,685.
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 $3,351, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $3,019. Four Bedroom Single-Family rentals are also available starting from $3,050 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
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.
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.