Welcome to the Apartment List September 2026 Rent Report for University Place, WA. Currently, the overall median rent in the city stands at $1,650, after rising 0.9% last month. Prices and are now up 0.6% year-over-year. Read on to learn more about what’s been happening in the University Place rental market and how it compares to trends throughout the broader Seattle metro area and the nation as a whole.