Cheap Homes for Rent in University Place, WA from $700 (8 Rentals)

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property at 62 Ira Light St

62 Ira Light St

SteilacoomWA98388
Showing Results 1-8, Page 1 of 1

University Place, WA Local Guide

Cheapest Neighborhoods for Apartments in University Place, WA

Pricing Updated: 09/09/2025

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$2,007$1,30016
Meadow Park$2,295$1,19533

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 $991. Vintage at Tacoma in the Madrona neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable University Place apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westside EstatesEvergreen1BR,1BA$991
Vintage at TacomaOne Bedroom | Age 55+1BR,1BA$1,099
Fort Steilacoom Apartments1 Bedroom1BR,1BA$1,195

Best Value Apartments for Rent in University Place, WA

As of September 10, 2025 the best value apartment in the University Place area is the $1.34 price per square foot 8424 69th Ave SW Model at 8424 69th Ave SW, Unit 8424 in the in the Lake City neighborhood starting from $2,400. The second greatest value University Place apartment is the Classic Townhomes Model at Water's Edge Townhomes starting at $2,595 with a $1.73 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.
8424 69th Ave SW, Unit 84248424 69th Ave SW2BR,1BA$1.34
Water's Edge TownhomesClassic Townhomes2BR,2.5BA$1.73
SoundWest Townhomes2bed 1.5bath Townhouse2BR,1.5BA$1.50
Town View Apartments2BR/2.0BA2BR,2BA$1.67
Mullen Cove Apartments2BD/2BA - 1,080 SQ FT2BR,2BA$1.50
The Verandas Apartment Homes2 Bed 1.5 Bath2BR,1.5BA$1.65
Latitude 471 Bed 1 Bath + Den1BR,1BA$1.76
Cascade Terrace2BR/1BA2BR,1BA$1.58
Hillside Glen Apartments2 Bedroom 1 Bath2BR,1BA$1.64
4515 s Puget sound ave, Unit 34515 s Puget sound ave1BR,1BA$1.62

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Pet Friendly Lifestyle
University Place, WA

Ranked #34

Among cities in Washington for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
University Place, WA

School data provided by Great Schools

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

Explore University Place, WA Rentals by Map

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See the most popular apartments and homes 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 450 Apartments for Rent in University Place, WA with pricing that ranges from $800 to $4,135. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $750 to $4,500.

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 $4,500 with an average monthly rent of $2,625.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.