Last updated on July 21, 2026

Average rent in
University Place, WA

Key takeaways for renters

  • The bottom line

    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.

  • Price ranges

    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.

  • Neighborhood spotlight

    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

Median rent in University Place

$1,745/mo

decreased by8%

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.

$1.62

average price per square foot

Total rentals

Available rentals in University Place

50

for rent on Zumper.com as of July 2026

Rent price distribution

Share of University Place rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in University Place, WA

Average rent prices in University Place have decreased by 6% over the last month and have decreased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in University Place, WA

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%

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%

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.

How does rent in University Place, WA compare to other cities?

Compare median rent prices in University Place and Bonney Lake by all bedroom counts and property types.

University Place

Median rent price$1,745
decreased by10%

lower than the national median

Median rent price$2,795
increased by44%

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.

Discover rentals in University Place, WA

2914 Sunset Dr W - Photo 1 of 1

5d+ ago

House for rent in University Place

1 bed

1 bath

$915

House for rent

Available Jul 1

Boulder Park Apartments - Photo 1 of 1

4d ago

9.4

Excellent

Boulder Park Apartments

7523 44th St W, University Place, WA 98466

1–3 beds

1–2 baths

$1,325–$2,100

Apartment for rent

Villager aApartments - Photo 1 of 1

5d+ ago

8.4

Very good

Villager aApartments

3801 Bridgeport Way W, University Place, WA 98466

2 beds

1 bath

$1,495

Apartment for rent

7615 44th St W #02 - Photo 1 of 1

5d+ ago

Apartment for rent in University Place

Open House Thursday July 16th, All Day!

7615 44th St W #02, University Place, WA 98466

2 beds

1 bath

$1,500

Apartment for rent

Available Jun 24

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for University Place, WA

Quick answers to common questions about the University Place rental market.

How much is rent in University Place?

The average rent in University Place is $1,745 per month as of July 18, 2026.

Is rent up or down in University Place?

Average rent prices in University Place have decreased by 6% over the last month and have decreased by 8% since last year.

How does University Place rent compare to the national average?

Rent in University Place is 10% below the national average, which means renters are paying approximately $200 less per month.

What salary do I need to afford rent in University Place?

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.

When is the best time of year to rent in University Place?

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.

Methodology

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).

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