Average Rent in University Place, WA

Apartments & Houses by Size

Rentometer, Inc. | Data as of 06/13/2026

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University Place, Washington, blends small‑city charm with easy access to the Pacific coastline and vibrant Tacoma amenities. Residents enjoy proximity to scenic parks such as Veteran’s Memorial Park, the Nisqually River waterfront, and a lively downtown corridor filled with boutique shops, cafés, and cultural venues like the University Place Arts Center. This mix of natural beauty and urban convenience makes the city an attractive destination for renters seeking both relaxation and connectivity.

The local rental market offers a diverse range of housing options, from modern studio apartments to spacious family homes. Studio and one‑bedroom apartments generally sit in the $1500s, while two‑bedroom units typically reach the $2000 range. Larger three‑bedroom apartments and houses start around the $2300‑$3000 level, and premium four‑plus‑bedroom homes can command prices in the $3500 bracket. This variety ensures that singles, couples, and growing families can find suitable accommodations across the city’s well‑maintained neighborhoods, including the historic Old Town district and the newer Meadowbrook community.

University Place’s strong rental demand is supported by its excellent schools, convenient commuter routes to major employment hubs, and a welcoming community atmosphere. Whether renters are drawn by the allure of waterfront living, the convenience of nearby shopping centers, or the quiet charm of tree‑lined streets, the city’s blend of apartments and single‑family homes provides flexible choices that cater to a broad spectrum of lifestyle preferences.

University Place Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Property Type Bedrooms Average Median Min – Max 25th – 75th
Apartment Studio $1,626 $1,621 $1,475 – $1,899 $1,595 – $1,660
Apartment 1 Bedroom $1,672 $1,624 $1,100 – $2,294 $1,500 – $1,775
Apartment 2 Bedroom $2,060 $1,979 $1,375 – $2,850 $1,745 – $2,400
Apartment 3 Bedroom $2,334 $2,330 $1,111 – $2,999 $2,245 – $2,735
House 1 Bedroom $1,487 $1,550 $875 – $2,300 $1,150 – $1,699
House 2 Bedroom $2,283 $2,350 $1,650 – $2,995 $1,895 – $2,495
House 3 Bedroom $3,033 $2,919 $2,055 – $4,500 $2,750 – $3,310
House 4+ Bedroom $3,386 $3,350 $2,295 – $4,719 $2,997 – $3,695

Current rent in University Place (all property types): Studio $1,626, 1 Bedroom $1,644, 2 Bedroom $2,102, 3 Bedroom $2,844, 4+ Bedroom $3,330.

Map of City of University Place

Outlined area shows the city boundary. Shaded regions show where rentals cluster.

Map of City of University Place
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About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

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About this data