Cheap Homes for Rent near University Place, WA from $800 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in University Place.

property at 5327 64th St W

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

4 Bedroom, 2.5 Bath Home for Rent

Available Now

5327 64th St W

TacomaWA98467

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2816 Garden Ct

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

2816 Garden Ct, Unit D

2816 Garden Ct
SteilacoomWA98388

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

University Place, WA Local Guide

Cheapest Neighborhoods for Apartments in University Place, WA

Pricing Updated: 08/26/2026

Current apartment rentals in the University Place, WA area range in price from $800 to $3,800 with an overall median price of $2,333. Here is today’s list neighborhoods with the lowest median pricing for University Place Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Meadow Park$1,950$8006
Chambers Creek Crossing$3,100$1,7503

Cheapest Available University Place Apartments for Rent and Nearby

 

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 $1,019. 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 ListingModel NameBed/BathPriced From
Westside EstatesEvergreen1BR,1BA$1,019
Pinegar ManorPinegar Manor1BR,1BA$1,050
Community Terrace1/1.001BR,1BA$1,195

Best Value Apartments for Rent in University Place, WA and Nearby

As of August 26, 2026 the best value apartment in the University Place area is the $1.16 price per square foot 3903 Mason Loop Rd Model at 3903 Mason Loop Rd, Unit UnitC in the in the Madrona neighborhood starting from $1,850. The second greatest value University Place apartment is the 10005 77th St SW Model at 10005 77th St SW, Unit 1 starting at $2,195 with a $1.69 price per square foot in the Lake City 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.
3903 Mason Loop Rd, Unit UnitC3903 Mason Loop Rd2BR,1BA$1.16
10005 77th St SW, Unit 110005 77th St SW2BR,2BA$1.69
Grandview Apartments2 Bedroom 2nd Floor2BR,2BA$1.74
Valley ViewQuinalt2BR,2BA$1.77
Mullen Cove Apartments2BD/1BA - 1,070 SQ FT2BR,1BA$1.49
The Verandas Apartment Homes2 Bed 1.5 Bath2BR,1.5BA$1.74
Stonegate Apartments2 Bedroom 1 Bath2BR,1BA$1.77
Timberwood Court2BR2BR,1BA$1.62
5031 S Orchard St2 Beds, 1 Baths2BR,1BA$1.66
Pinegar ManorPinegar Manor1BR,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.

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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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Frequently Asked Questions about University Place

What type of rentals are currently available in University Place?

There are currently 466 Apartments for Rent in University Place, WA with pricing that ranges from $1,000 to $3,597. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $800 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 $800 to $5,500 with an average monthly rent of $2,450.

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 $3,597, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $3,200. Four Bedroom Single-Family rentals are also available starting from $800 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.