Bedroom count
Property type
Last updated on July 21, 2026
Last updated on July 21, 2026
Bedroom count
Property type
University Place, WA rent slipped 7.9% year over year, with a current median of $1,745/month. Renters today are paying $72 less per month on average than last year, continuing a downward trend since the peak in February 2026.
University Place is 10.3% more affordable than the $1,945/month national median. The city has a small total rental inventory of 50 units, reflecting a more limited market for renters.
Studios rent for $995/month, 1-bedrooms for $1,395/month, and 2-bedrooms for $1,838/month. Larger units include 3-bedrooms at $2,772/month and 4+ bedrooms at $3,450/month. These bedroom tiers represent the range of rents available in University Place, WA.
The 3-bedroom segment in University Place, WA rose 27.5% year over year, a 35.4 percentage point divergence from the citywide decline. This increase contrasts with the overall market trend and shows distinct demand for larger units.
Median rent in University Place
$1,745/mo
vs previous year
The average rent in University Place is $1,745 per month as of July 2026. This is 10% below the national average rent, or $200 less per month.
average price per square foot
Available rentals in University Place
50
for rent on Zumper.com as of July 2026
Share of University Place rentals at each price point
Average rent prices in University Place have decreased by 6% over the last month and have decreased by 8% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in University Place vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in University Place is $1,672, whereas a house costs $2,650. 1-bedroom apartments in University Place run $1,430 on average, while 2-bedroom apartments are $1,800.
Listings | ||||
|---|---|---|---|---|
Studio | $995 | 4% | 31% | |
1 bedroom | $1,395 | 2% | 8% | |
2 bedroom | $1,837 | 4% | 14% | |
3 bedroom | $2,772 | 8% | 22% | |
4 bedroom | $3,450 | 2% | 23% |
Listings | ||
|---|---|---|
University Place | $1,745 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,672 | 6% | No Change | |
Condos | $1,987 | 60% | No Change | |
Houses | $2,650 | 17% | No Change |
Studio
Average rent
$995
Last 30 days
4%
Last year
31%
1 bedroom
Average rent
$1,395
Last 30 days
2%
Last year
8%
2 bedroom
Average rent
$1,837
Last 30 days
4%
Last year
14%
3 bedroom
Average rent
$2,772
Last 30 days
8%
Last year
22%
4 bedroom
Average rent
$3,450
Last 30 days
2%
Last year
23%
University Place
Average rent
$1,745
Apartments
Average rent
$1,672
Last 30 days
6%
Condos
Average rent
$1,987
Last 30 days
60%
Houses
Average rent
$2,650
Last 30 days
17%
The table above reflects average rent prices in University Place, WA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in University Place and Bonney Lake by all bedroom counts and property types.
University Place
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in University Place, WA is 38% lower than the median rent in Bonney Lake, WA.
Explore rent trends in neighboring markets
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Quick answers to common questions about the University Place rental market.
The average rent in University Place is $1,745 per month as of July 18, 2026.
Average rent prices in University Place have decreased by 6% over the last month and have decreased by 8% since last year.
Rent in University Place is 10% below the national average, which means renters are paying approximately $200 less per month.
To comfortably afford rent in University Place, you'd need to earn approximately $70,000/year, based on spending no more than 30% of your income on rent.
Based on Zumper's July 2026 data, one-bedroom apartments in University Place average around $1,430/month and two-bedrooms approximately $2,000/month.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).