Property Management Companies in University Place, WA

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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Typical asking rent $1,916 · +4.6% in a year See the rental market

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13managers listed
4.1★average Google rating
$1,916typical rent · +4.6% in a year
42.8%of homes rented
$624,800median home value

Top picks in University Place

Picked by our rules (rating adjusted for review count, number of reviews, years in business), not paid placement.

13 property managers in University Place

Tick Compare on up to 3 companies to see them side by side and request quotes from all of them at once.

Best match = Google rating adjusted for number of reviews. How it works

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  • Up First Management

    ★ User Recommended5★ from 22 Google reviews; newest reviews average 5.0★. Score = rating adjusted for review count. Read all reviews on Google

    Serves University Place · office in Tacoma

    Serves the Tacoma area · no public office address, so no map pin

    5.0 (22 Google reviews)Recently reviewed

    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.

  • Red Roof Rentals

    100+ Google reviews4.5★ from 193 Google reviews; newest reviews average 4.8★. Score = rating adjusted for review count. Read all reviews on Google🏅 15+ years in business

    Serves University Place · office in Tacoma

    14208 Pacific Ave S Unit 2, Tacoma, WA 98444

    4.5 (193 Google reviews)Recently reviewed

    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.

  • Twin Bridges Property Management

    2601 70th Ave W A, University Place, WA 98466

    4.5 (22 Google reviews)

    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.

  • Lighthouse Property Management

    Serves University Place · office in Burien

    Serves the Burien area · no public office address, so no map pin

    5.0 (5 Google reviews)

    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.

  • Narrows Property Management

    2518 Bridgeport Way W, University Place, WA 98466

    4.3 (35 Google reviews)Recently reviewed

    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.

  • Simply Home Realty

    🏅 10+ years in business

    Serves University Place · office in Lacey

    8617 Martin Way E, Lacey, WA 98516

    4.2 (133 Google reviews)Recently reviewed

    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.”

  • Legacy Elite Property Management

    Serves University Place · office in DuPont

    1100 Station Dr Ste 141, DuPont, WA 98327

    5.0 (1 Google review)

    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.”

  • Real Property Management Solvera

    Serves University Place · office in Lakewood

    10116 36th Ave Ct SW Suite 105, Lakewood, WA 98499

    No Google reviews yet

    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

    Serves University Place · office in Tacoma

    14609 Pacific Ave S, Tacoma, WA 98444

    4.0 (26 Google reviews)Recently reviewed

    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.”

  • McNally Property Management

    Serves University Place · office in Gig Harbor

    7512 Stanich Ln #5, Gig Harbor, WA 98335

    3.8 (77 Google reviews)

    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.

  • Parkwood Property Management

    🏅 20+ years in business

    Serves University Place · office in Tacoma

    6219 Mt Tacoma Dr SW, Tacoma, WA 98499

    3.2 (55 Google reviews)

    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.”

  • Aspen NW Real Estate & Property Management Group

    Serves University Place · office in Tacoma

    15 S Oregon Ave #110, Tacoma, WA 98409

    2.9 (44 Google reviews)

    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.”

  • Willow Properties

    🏅 20+ years in business

    Serves University Place · office in Lakewood

    9527 Bridgeport Way SW, Lakewood, WA 98498

    2.8 (97 Google reviews)

    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.

The map needs JavaScript. Every company's address is in its card.

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.

University Place rental market

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.

Rent pulse

Typical asking rent$1,916a month in University Place
1-year change+4.6%county +2.0%
5-year change+24.4%county +17.5%
vs county−$39county typical $1,955

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.

12-month momentum

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.

Rent over time

$1,500$1,600$1,700$1,800$1,900$2,00020222023202420252026
University PlacePierce County

Source: Zillow Observed Rent Index (ZORI), typical asking rent, all homes + multifamily, smoothed. Data through September 2026.

City premium over county

Now
−$39
1 year ago
−$84
5 years ago
−$124

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.

Pierce County rent ladder

University Place is number 10 of 14 cities in the county by typical asking rent.

  1. Spanaway$2,733+3.5%
  2. Gig Harbor$2,632+3.7%
  3. Bonney Lake$2,627+4.6%
  4. DuPont$2,627+2.7%
  5. Graham$2,523+1.3%
  6. Frederickson$2,270+0.1%
  7. Sumner$2,219+3.5%
  8. Puyallup$2,199+1.7%
  9. Edgewood$2,169+0.6%
  10. University Place$1,916+4.6%
  11. Fife$1,794+1.3%
  12. Tacoma$1,773+2.1%
  13. Parkland$1,759+0.2%
  14. Lakewood$1,734+1.6%

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.

Best months to list

Rents here usually rise most in February, March and April, so those are good months to list your rental.

  1. Jan+0.59%
  2. Feb+1.21%
  3. Mar+1.65%
  4. Apr+1.36%
  5. May+0.31%
  6. Jun−0.06%
  7. Jul+0.47%
  8. Aug−0.11%
  9. Sep+0.32%
  10. Oct−0.40%
  11. Nov+0.54%
  12. Dec−0.08%

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.

Rental income growth calculator

In 1 year at 4.59% (last year's local growth)–
In 5 years at 4.47% a year (5-year local average)–

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.

Rent in nearby cities

CityTypical rent1 yearManagers
University Place$1,916+4.6%13
Lakewood$1,734+1.6%10
Steilacoom$1,8050
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.

More local facts for owners

Renters and vacancy

42.8%of homes in University Place are rented (5,856 households)
Rental vacancy rate
3%
County vacancy rate
4.1%
Median rent paid
$1,762
Median home value
$624,800

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2020-2024.

HUD Fair Market Rents

Studio$1,491
1 bedroom$1,682
2 bedrooms$2,064
3 bedrooms$2,849
4 bedrooms$3,219

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.

Where University Place managers also work

Areas the companies on this page list on their own websites. Linked places have their own page.

Questions to ask before you hire

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Property management in University Place

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).

University Place property management FAQ

How many property management companies are in University Place?

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.

What is the typical rent in University Place?

Zillow's typical asking rent in University Place was $1,916 a month in September 2026, +4.6% on a year earlier.

When is the best time to list a rental in University Place?

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.

How much do property managers charge in University Place?

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.

How do you rank the companies?

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.

Is it free to request quotes?

Yes. Requesting quotes is free for property owners and there is no obligation to hire anyone.

Property managers near University Place

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