Homes & Apartments for Rent in University Place, WA

House for rent at 9111 Deer Tongue Circle W, University Place, WA 98467

Welcome to this charming 3 bedroom, 1 bathroom home located in desirable University Place, WA. Situated on a quiet cul-de-sac, this cozy house features a wood stove for those chilly nights, plenty of storage space and a bonus family room for entertaining guests. Enjoy the convenience of a fully fenced backyard, perfect for outdoor activities. Located in the University Place School District, this home is close to Chambers Bay, community parks, shopping and restaurants. With Whole Foods and Trader Joe's just a short drive away, this home offers the perfect blend of comfort and convenience.

Apartment for rent at 6007 67th Ave Court W, University Place, WA 98467

Updated - today

Managed by Grand Ridge Apartments

$1,995 - $2,095

Apartment2 Beds1-1.5 Baths818 ft²

6007 67th Ave Court W

University Place, WA 98467

Thanks for checking out Grand Ridge Apartments. We are a locally owned and professionally managed community in University Place, WA. Grand Ridge Apartments is conveniently located with easy access to shopping, dining, parks and major highways, offering a perfect blend of urban convenience and suburban tranquility. We offer spacious 2-bedroom apartment homes. Our units are a great value, featuring sleek stainless-steel appliances, elegant recessed lighting, in-unit washer and dryer, beautiful wood-look Lvp flooring and so much more.

Managed by University Place 8 Plex

$1,925

Apartment2 Beds1.5 Baths950 ft²

9718 52nd St W

University Place, WA 98467

Welcome to 9718 52nd St W, presented by University Place 8 Plex. We have several units available for lease. For more information and to schedule a showing, please contact us. No.

Featured

Managed by The Cottages at Peach Creek

$2,400 - $2,570

Apartment2 Beds2 Baths1,150-1,225 ft²

7505 57th St Court W

University Place, WA 98467

Nestled in quaint University Place, The Cottages at Peach Creek offers charming craftsman style apartment homes, complete with pitched roofs, shingle exteriors and lovely front porches on every residence. All residences include attached one- and two-car garages, beautifully landscaped private patios and garden areas and spacious interiors. Enjoy the close proximity to golf courses, shops, restaurants, parks and more. Our community also features a Community Center, complete with a library, full kitchen, stacked stone fireplace and an entertainment and craft room.

Managed by Key Management

$1,495

Apartment2 Beds1 Bath860 ft²

5801 Orchard St W #A22

University Place, WA 98467

We are currently offering a superb 2 bed 1 bath decked out with the greatest assortment of rental features. For rent in University Place WA and affordably priced at $1495/mo. Step into a rewarding way of life that you don't want to miss out on. Contact us today to get more information. Pet Friendly, Private balcony/deck, Dishwasher, Patio, Play Ground, Full Size Refrigerator, Sun Deck & Gas Stove.

Managed by Key Management

$2,000

Apartment2 Beds1 Bath818 ft²

6007 67th Ave Court W #C12

University Place, WA 98467

Nice 2Bd 1Ba packed with a great collection of features. Priced to go fast at $2000 per month and now available in University Place. Unwind in a delightful lifestyle that you'll be proud of. Pet Friendly, Air conditioning, Dishwasher, Garbage Disposal, Microwave & Full Size Refrigerator.

Managed by Double Z

$1,550

Apartment2 Beds1 Bath850 ft²

5015 S Orchard St

University Place, WA 98467

Welcome to H121-Fourplex, presented by Double Z. We have several units available for lease. For more information and to schedule a showing, please contact us.

Managed by Key Management

$1,345

Apartment1 Bed1 Bath680 ft²

5801 Orchard St W #D31

University Place, WA 98467

We are thrilled to offer a fantastic 1Bd 1Ba property reasonably priced at only $1345 per month. Centrally located in University Place 98467 and available with an excellent mixture of amenities. Embrace a remarkable lifestyle that you will love. Pet Friendly, Private balcony/deck, Dishwasher, Patio, Play Ground, Full Size Refrigerator, Sun Deck & Gas Stove.

Viewing 1-8 of 8 rentals in University Place

What to Know About

Life in University Place & Beyond

University Place shares many of the great qualities that make Washington a desirable place to live.

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

University Place, WA

As of April 2025, University Place's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. University Place's average rent is 23.3% ($409) higher than the Washington average of $1,752 and 20.9% ($373) higher than the U.S. average of $1,788.

Average Rent

$2,161

Monthly ChangeMonth Over Month Change

12.8% ($245)

Yearly ChangeYear Over Year Change

24.9% ($431)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,673	1.3% ($22)	30.3% ($389)
2 Beds	$2,041	0.8% ($16)	33.1% ($508)
3 Beds	$2,645	3.4% ($87)	36.6% ($708)

Nearby Cities	Average Rent	Avg. Rent vs. University PlaceAverage Rent vs. University Place	Avg. Days on MarketAverage Days on Market
Lakewood	$1,565	27.6% ($596)	37 days
Steilacoom	$1,392	35.6% ($769)	33 days
Tacoma	$1,519	29.7% ($642)	33 days
Anderson Island	$2,062	4.6% ($99)	31 days
Fife	$1,823	15.6% ($338)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

University Place Rental Market FAQs

Explore rental prices, market trends, and availability in University Place, WA.

What is the average rent in University Place, WA?

The average rent in University Place, WA is $2,161 per month.

What is the rental price range for homes in University Place, WA?

Homes in University Place typically rent for between $1,171 and $3,439 per month, with an average of $2,161 per month.

What is the average rent for different bedroom sizes in University Place, WA?

In University Place, the average rent for a 1-bedroom home is $1,673 per month, for a 2-bedroom home, $2,041 per month, and a 3-bedroom home is $2,645 per month.

How do rent prices in University Place, WA compare with the national average?

The average rent in University Place is 20.9% ($373) higher than the national average of $1,788 per month.

How have rent prices in University Place, WA changed recently?

The average rent in University Place has increased by 12.8% ($245) in the last month and increased by 24.9% ($431) over the past year.

How competitive is the rental market in University Place, WA?

The rental market in University Place, WA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in University Place, WA?

In University Place, WA, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in University Place, WA?

There are currently 8 rental properties available in University Place, WA.

Can I afford to rent a home in University Place, WA?

Based on the current averages, a household would need an annual income of $81,640 to comfortably afford a 2-bedroom home in University Place.

Find Homes & Apartments for Rent in University Place, WA

Life in University Place & Beyond

University Place, WA

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