
Cheap Homes for Rent in University Place, WA from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in University Place.


3103 S 54th St

9618 108th Ave SW

2504 Bridgeport Way W

1626 Huson Dr

9003 105 Ave SW

1626 Huson Dr
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.

5021 59th Ave Ct W

9006 105 Ave SW

9003 105 Ave SW

6043 S Lawrence St

5012 S 58th St

5726 59th St Ct W
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.
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 | $1,952 | $1,350 | $2,650 |
| University Place 3 Bedroom Homes for Rent | $2,576 | $1,995 | $2,975 |
| University Place 4 Bedroom Homes for Rent | $3,223 | $2,740 | $4,500 |
| University Place 5 Bedroom Homes for Rent | $3,724 | $3,500 | $3,949 |
Browse Top Homes for Rent in University Place
Explore University Place
University Place, WA Local Guide
- University Place Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in University Place, WA
Pricing Updated: 12/18/2025Current 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 | $2,275 | $1,300 | 12 |
| Meadow Park | $3,050 | $1,225 | 65 |
Cheapest Available University Place Apartments for Rent
 The cheapest available apartment rental in University Place, WA is a 1 Bed unit found at Bayswater Apartments in the West End neighborhood priced from $837. Westside Estates in the West End neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $991. Here is today’s list of the most affordable University Place apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bayswater Apartments | One Bedroom | 1BR,1BA | $837 |
| Westside Estates | Evergreen | 1BR,1BA | $991 |
| Vintage at Tacoma | One Bedroom | Age 55+ | 1BR,1BA | $999 |
| Steilacoom Woods | Studio | Studio,1BA | $1,100 |
| Fort Steilacoom Apartments | 1 Bedroom | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in University Place, WA
As of December 18, 2025 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 3x2 Townhouse Model at SoundWest Townhomes starting at $2,395 with a $1.60 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 | 3x2 Townhouse | 3BR,2BA | $1.60 |
| Warner II | 3/3.50 | 3BR,3.5BA | $1.63 |
| Latitude 47 | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| Trellis Pointe Apartments | Two Bedroom One Bath | 2BR,1BA | $1.57 |
| Miramar Apartments | 2 BDRM 1 BA | 2BR,1BA | $1.66 |
| Mullen Cove Apartments | 2BD/2BA - 1,080 SQ FT | 2BR,2BA | $1.50 |
| Orchard Terrace | Two Bedroom | 2BR,1.5BA | $1.65 |
| Hillside Glen Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.64 |
| Garden Villa Apartments | One Bedroom Deluxe | 1BR,1BA | $1.72 |
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 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.
Pet Friendly LifestyleUniversity Place, WA
Ranked #34
Among cities in Washington for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 441 Apartments for Rent in University Place, WA with pricing that ranges from $855 to $5,329. There are also 60 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 $2,531.
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 $1,595 to $3,831, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $2,975. Four Bedroom Single-Family rentals are also available starting from $2,740 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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
