Cheap Apartments for Rent in the Meadow Park Neighborhood of University Place, WA from $515 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Meadow Park area of University Place.

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.

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Fairway View
1 to 2 Bedroom Apartments

Fairway View

6611 Lakewood Dr WUniversity Place, WA 98467
  • Utilities Included
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Park West
Studio to 2 Bedroom Apartments

Park West

6407-6425 53rd Ave WUniversity Place, WA 98467
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Bergerson Terrace
2 to 3 Bedroom Apartments

Bergerson Terrace

5301 Orchard St WUniversity Place, WA 98467
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Grand Ridge
2 Bedroom Apartments

Grand Ridge

6007 67th Ave WUniversity Place, WA 98467

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Oak Trace Apartments
1 to 4 Bedroom Apartments

Oak Trace Apartments

7419 S Verde StTacoma, WA 98409
  • Utilities Included
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Manitou Park
1 to 2 Bedroom Apartments

Manitou Park

4215 S 66th StTacoma, WA 98409

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.

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The Meadowlark
Studio to 2 Bedroom Apartments

The Meadowlark

5402 77th St WLakewood, WA 98499
Senior Living
  • Utilities Included

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.

Meadow Park, University Place, WA Local Guide

Cheapest Available Meadow Park Apartments for Rent

 

The cheapest available apartment rental in the Meadow Park area of University Place, WA is a 1 Bed unit found at Greenfield Apartments priced from $1,250. Meadow Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Meadow Park apartments for rent in University Place, WA:

Apartment ListingModel NameBed/BathPriced From
Greenfield Apartments1 Bedroom 1 Bathroom1BR, 1BA$1,250
Meadow Creek ApartmentsOne Bedroom1BR, 1BA$1,295
Sunset Ridge Apartments1x1 Standard1BR, 1BA$1,315
Scenic Pines ApartmentsSugar Pine1BR, 1BA$1,367
5031 S Orchard St2 Beds, 1 Baths2BR, 1BA$1,495
Merrill Creek1 Bed 1 Bath1BR, 1BA$1,505
Mullen Cove Apartments2BD/1BA - 1,070 SQ FT2BR, 1BA$1,595
Trellis on Orchard ApartmentsTwo Bedroom One Bath Standard2BR, 1BA$1,615
Viridian GroveThe Alder2BR, 2BA$1,638
Cheyenne Place2/1.002BR, 1BA$1,695

Best Value Apartments for Rent in Meadow Park, WA

As of September 18, 2026 the best value apartment in the Meadow Park area is the $2.02 price per square foot Nisqually Model at Valley View in the South Tacoma neighborhood starting from $2,245. The second greatest value Meadow Park apartment is the 2BD/1BA - 1,070 SQ FT Model at Mullen Cove Apartments in the South Tacoma neighborhood starting at $1,595 with a $1.49 price per square foot. Here is today’s list of the best values for Meadow Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Valley ViewNisqually3BR, 2BA$2.02
Mullen Cove Apartments2BD/1BA - 1,070 SQ FT2BR, 1BA$1.49
Park Place ApartmentsTwo Bedroom2BR, 1BA$1.81
5031 S Orchard St2 Beds, 1 Baths2BR, 1BA$1.66
5205 S Orchard St2 Beds, 1 Baths2BR, 1BA$2.06
Viridian GroveThe Alder2BR, 2BA$1.89
Trellis on Orchard ApartmentsOne Bedroom Deluxe1BR, 1BA$2.02
Sunset Ridge Apartments1x1 Loft1BR, 1BA$2.07
Meadow Creek ApartmentsOne Bedroom1BR, 1BA$1.99
Greenfield Apartments1 Bedroom 1 Bathroom1BR, 1BA$2.02

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Quick 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.

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Frequently Asked Questions about Cheap Meadow Park Apartments

What is the price of a cheap apartment in Meadow Park?

The cheapest apartment in Meadow Park is Greenfield Apartments which is listed at $1,250, while the average apartment in Meadow Park costs $1,881.

What types of apartments are the cheapest in Meadow Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Meadow Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Meadow Park?

Cheap apartments in Meadow Park have an average cost of $1,357 which is $524 cheaper than the average rent for all rentals in Meadow Park.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.