Rent pulse
Rents in University Place are $39 below the Pierce County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Compare 13 local companies in University Place (2 with an office in the city, 11 that serve the area). Pick up to 3 and send one free quote request.
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Top rated
User Recommended
Most reviewed
193 Google reviews, 4.5★
Longest established
10+ years in business
Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.
Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.
Serves University Place · office in Tacoma
Serves the Tacoma area · no public office address, so no map pin
Up First Management provides long-term property management for single-family homes, small multifamily properties and condos in Washington's South Sound, including Tacoma, Puyallup, Lakewood, University Place and Lacey.
In their words: “Our management operations and systems are geared towards owners who do not want to be bothered by the day-to-day of managing their rentals.”
Review summary: Reviewers often mention a kind, organized team that answers questions fast and makes renting out a home easy.
Serves University Place · office in Tacoma
14208 Pacific Ave S Unit 2, Tacoma, WA 98444
Red Roof Rentals is a Parkland property management and real estate brokerage established in 2009, managing single-family homes and multi-family properties across Tacoma, Lakewood, Spanaway, Puyallup, University Place, Fircrest, Graham and the rest of Pierce County.
In their words: “One of the most important parts of our work is full-service leasing support that helps owners avoid the expensive consequences of poor placement.”
Review summary: Reviewers often mention a friendly, responsive team, help finding tenants and a quick, easy move-in process.
2601 70th Ave W A, University Place, WA 98466
Twin Bridges Property Management, based in University Place, manages rental properties with tenant screening, rent collection, work order handling and follow-up on late payments; the available facts do not list the property types it manages.
Review summary: Most reviewers describe a responsive, honest team that communicates well and fixes problems quickly, though a few prospective renters report rude or missed showings.
Serves University Place · office in Burien
Serves the Burien area · no public office address, so no map pin
Lighthouse Property Management provides full-service residential management across King, Pierce, Kitsap and Thurston counties, specializing in single-family homes and small investment portfolios in places such as Tacoma, Gig Harbor, Lakewood and University Place.
In their words: “Our systems are built for investors who demand transparency, efficiency, and results.”
Review summary: Reviewers, mostly owners, describe transparent service, clear communication and careful handling of repair costs.
2518 Bridgeport Way W, University Place, WA 98466
Narrows Property Management, based in University Place, manages residential rental homes across the South Puget Sound, including Gig Harbor, handling leasing, rent collection, inspections, repairs and maintenance, accounting and owner statements, plus real estate sales.
In their words: “We utilize electronic work-orders and communication with vendors so we can quickly resolve issues.”
Review summary: Most owner reviewers describe a responsive, diligent team with clear communication and careful tenant vetting, though one tenant reports slow repairs.
Serves University Place · office in Lacey
8617 Martin Way E, Lacey, WA 98516
Simply Home Realty is a Lacey company founded in 2015 by an army veteran, managing single-family homes across Thurston and Pierce counties, including Olympia, Tumwater, DuPont, Lakewood and Tacoma, with marketing, tenant screening, rent collection and maintenance.
In their words: “Simply Home Realty takes the stress out of being a landlord by managing marketing, showings, maintenance, lease agreements, and more.”
Serves University Place · office in DuPont
1100 Station Dr Ste 141, DuPont, WA 98327
Legacy Elite Property Management is a DuPont company managing single-family homes, townhomes, multi-family and commercial properties in Pierce and Thurston Counties, including Tacoma, Lakewood, University Place, Lacey and Olympia, with Section 8 administration.
In their words: “No matter where you are in your investment journey, we manage your property with the same precision, care, and accountability.”
Serves University Place · office in Lakewood
10116 36th Ave Ct SW Suite 105, Lakewood, WA 98499
Real Property Management Solvera is a Lakewood office of the Real Property Management franchise, managing single-family homes in Lakewood, Tacoma, University Place, Puyallup, Gig Harbor, Bonney Lake and Edgewood, with tenant screening, leasing, maintenance, evictions and property evaluations.
In their words: “We check credit and background to make sure prospective tenants are qualified.”
One Way Properties is a Parkland company managing residential rentals and homeowner and condo associations around the Puget Sound, including Tacoma, Lakewood, Puyallup, Olympia, Bonney Lake and Auburn, and also handles home sales.
In their words: “At One Way Properties we streamline the rental process by preparing your property and securing qualified tenants.”
Serves University Place · office in Gig Harbor
7512 Stanich Ln #5, Gig Harbor, WA 98335
McNally Property Management is a locally owned Gig Harbor company managing houses, condos and apartments in Gig Harbor, Tacoma, Port Orchard, Fircrest, University Place and Pierce and Kitsap counties, with tenant placement, marketing, maintenance, compliance and financial reporting.
In their words: “From comprehensive property marketing to tenant placement, maintenance management, and compliance with all local regulations, we handle every aspect of Gig Harbor property management.”
Review summary: Most reviewers describe a responsive, professional team, though a few tenants report slow repairs and unanswered emails.
Serves University Place · office in Tacoma
6219 Mt Tacoma Dr SW, Tacoma, WA 98499
Parkwood Property Management has managed rental property throughout Pierce County since 1988, focusing on single-family homes in Lakewood, Tacoma, University Place, Puyallup, DuPont and Steilacoom, with leasing, accounting and maintenance coordination.
In their words: “We manage your properties efficiently and effectively, providing exceptional service.”
Serves University Place · office in Tacoma
15 S Oregon Ave #110, Tacoma, WA 98409
Aspen NW Real Estate & Property Management Group is a Tacoma company managing single-family, multi-family, small commercial and association properties in Pierce, South King and Kitsap counties, and also offers a DIY landlord program and real estate sales.
In their words: “Aspen NW Real Estate offers several programs to aid our clients in running their businesses successfully.”
Serves University Place · office in Lakewood
9527 Bridgeport Way SW, Lakewood, WA 98498
Willow Properties has served Pierce County since 1987 from Lakewood, managing single-family homes, townhouses, duplexes, condos, small apartment communities and HOAs in Tacoma, University Place, Steilacoom, Parkland, DuPont and Spanaway, with marketing, screening, rent collection, maintenance and financial reporting.
In their words: “We conduct surveys upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner.”
Review summary: Most reviewers, largely tenants, describe kind, responsive staff, clear communication and timely maintenance, though a few report steep move-out charges.
No company matches all of these filters.
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Pins show office addresses; numbers match the Best match order. Companies that don't publish an address are listed as "Serves the University Place area" and get no pin.
Get the latest rental and real estate data on the University Place market. We update these charts with the latest data on the 22nd of each month.
Rents in University Place are $39 below the Pierce County typical.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Rent rose in 8 of the last 12 months: +$84 in all since Oct 2025.
Green: rent went up that month. Grey: it went down.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
University Place's typical asking rent is $39 (2.0%) below the county. The gap is shrinking compared with a year ago.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
University Place is number 10 of 14 cities in the county by typical asking rent.
Cities with at least 13 months of Zillow data. Left out (too few months): Clover Creek, Midland, Milton, Orting, Steilacoom, Summit. Linked cities have their own page.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed, 1-year change. Data through September 2026.
Rents here usually rise most in February, March and April, so those are good months to list your rental.
Average change from the month before, 6 years of data.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
Past growth, not a forecast. Rents can go down as well as up. Your own rent depends on the home, its condition and the lease.
Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.
| City | Typical rent | 1 year | Managers |
|---|---|---|---|
| University Place | $1,916 | +4.6% | 13 |
| Lakewood | $1,734 | +1.6% | 10 |
| Steilacoom | $1,805 | 0 | |
| Tacoma | $1,773 | +2.1% | 27 |
| Parkland | $1,759 | +0.2% | 0 |
| DuPont | $2,627 | +2.7% | 1 |
| Gig Harbor | $2,632 | +3.7% | 5 |
Source: Zillow Observed Rent Index (ZORI), typical asking rent, data through September 2026. Managers listed: our directory, October 2026.
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.
Source: U.S. Department of Housing and Urban Development, Fair Market Rents for fiscal year 2027, Tacoma, WA HUD Metro FMR Area. Used to set Housing Choice Voucher (Section 8) limits.
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Compare the 13 property management companies in University Place, Pierce County. Tick up to 3 to see them side by side, then request free quotes from all of them in one step.
Zillow's typical asking rent in University Place is $1,916 (September 2026); +4.6% over the past year and +24.4% over five years. About 42.8% of homes in University Place are rented, and the rental vacancy rate is 3% (Census, 2020-2024).
We list 13 property management companies in University Place, WA: 2 with an office in the city and 11 that serve the area from elsewhere or without a public office address.
Zillow's typical asking rent in University Place was $1,916 a month in September 2026, +4.6% on a year earlier.
Over the 6 years Zillow has tracked, asking rents here have risen most in February, March and April. Listing in those months can help, but every property is different.
Fees depend on the company, the property and the services you need, and few companies publish them. Ask for a written quote that lists the monthly fee, leasing fee and any other charges. You can request quotes from up to 3 managers at once on this page.
The default order, Best match, uses each company's Google rating adjusted for how many reviews it has, so a 4.8 rating from 100 reviews ranks above a 5.0 from 2. No company can pay for its position.
Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.