Rent to own Homes in University Place, WA

University Place, or more commonly known as "UP," is a small city neighboring Tacoma with almost 32,000 residents. Its suburban characteristics make it an ideal place to live in for the laid back and for those who love parks and beaches. The tempered mix of residential and business areas enable the city to maintain its good landscape without compromising economic growth and preserving its natural beauty.

University Place, WA is a great place for affordable rent-to-own homes! With a median household income of over $77,832 and a median rent of $1,250, the University Place, WA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in University Place, WA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out University Place, WA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
10430 PATTERSON ST S
Rent To Own
 
Single Family Home
Tacoma, WA 98444
1
1
520 ft2
1943
6124 PIONEER WAY E
Rent To Own
Waller
Single Family Home
Puyallup, WA 98371
3
3
1708 ft2
1966
Hot
1 of 2 4043 WONDERWOOD LN SE
Rent To Own
Horizons
Single Family Home
Lacey, WA 98503
3
3
1716 ft2
2001
15346 SE MAY VALLEY RD
Rent To Own
 
Single Family Home
Renton, WA 98059
3
2
1100 ft2
1912
New
3445 134TH AVE NE
Rent To Own
Bridle Trails
Single Family Home
Bellevue, WA 98005
4
3
4040 ft2
2006
New
7703 97TH AVE SW
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98498
3
1
1538 ft2
1975
8905 46TH ST W
Rent to Own Eligible
University Place
Single Family Home
Tacoma, WA 98466
3
2
1781 ft2
1972
3617 OLYMPIC BLVD W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98466
4
3
3420 ft2
1940
3546 LOCUST AVE W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98466
4
2
2628 ft2
1963
New
7601 52ND AVE W
Rent to Own Eligible
North Lakewood
Townhouse/Condo
Lakewood, WA 98499
3
2
1209 ft2
2002
1632 S GEIGER ST
Rent to Own Eligible
West End
Single Family Home
Tacoma, WA 98465
3
2
2834 ft2
1964
New
7717 78TH ST SW
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98498
3
1
1594 ft2
1964
New
7501 RUBY DR SW #J203
Rent to Own Eligible
North Lakewood
Townhouse/Condo
Lakewood, WA 98498
1
1
843 ft2
1968
New
1013 PANORAMA CT
Rent to Own Eligible
Fircrest
Single Family Home
Fircrest, WA 98466
3
2
2269 ft2
1966
New
7230 ZIRCON DR SW
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98498
4
3
3268 ft2
1976
1916 BRIDGEPORT WAY W
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98466
4
2
2192 ft2
1954
1 of 30 9703 ZIRCON DR SW
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98498
4
3
2298 ft2
1978
New
9711 76TH ST SW
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98498
4
3
2594 ft2
1995
7808 BURGESS ST W
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98499
5
3
2624 ft2
2006
1 of 24 8319 Cirque Dr W
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98467
2
2
933 ft2
1975
5209 65TH AVE W
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98467
1
2
1056 ft2
1978
1640 S HIGHLAND AVE
Rent to Own Eligible
West End
Single Family Home
Tacoma, WA 98465
3
2
1812 ft2
1969
1038 BUENA VISTA AVE
Rent to Own Eligible
Fircrest
Single Family Home
Fircrest, WA 98466
4
3
2972 ft2
1969
New
2740 PARKWAY DR W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98466
2
1
2316 ft2
1925
3144 TAHOMA PL W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98466
4
4
3218 ft2
2023
7502 66TH AVE W
Rent to Own Eligible
North Lakewood
Single Family Home
Lakewood, WA 98499
3
2
1373 ft2
1971
New
3119 BRIDGEPORT WAY W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98466
4
2
2330 ft2
1945
1902 BRIDGEPORT WAY W #303
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98466
2
2
1101 ft2
1979
New
6224 57TH AVE W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
2
1
926 ft2
1900
5002 95TH AVE W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
4
3
2899 ft2
1972
New
7225 44TH ST W
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98466
4
2
1752 ft2
1969
New
2201 CASCADE PL W
Rent to Own Eligible
University Place
Single Family Home
Tacoma, WA 98466
3
1
880 ft2
1958
New
8301 56TH ST W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
4
1
1252 ft2
1973
New
5531 BRIDGEPORT WAY W #D
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98467
2
2
1441 ft2
1978
New
4254 BECKONRIDGE DR W
Rent to Own Eligible
University Place
Single Family Home
Tacoma, WA 98466
3
2
1554 ft2
1970
New
5309 84TH AVE W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
3
1
1240 ft2
1971
New
4903 59TH AVENUE CT W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
5
3
5378 ft2
1984
New
6035 58TH ST W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
2
2
1600 ft2
1999
1 of 23 110 WILD ROSE ST
Rent to Own Eligible
Fircrest
Single Family Home
Tacoma, WA 98466
3
3
1600 ft2
2007
New
121 FARALLONE AVE
Rent to Own Eligible
Fircrest
Single Family Home
Fircrest, WA 98466
3
1
1036 ft2
1954
1 of 17 7012 50TH ST W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
4
3
4594 ft2
2007
8701 46TH ST W
Rent to Own Eligible
University Place
Single Family Home
Tacoma, WA 98466
3
2
2253 ft2
1974
New
8310 56TH ST W
Rent to Own Eligible
University Place
Single Family Home
University Place, WA 98467
4
1
1252 ft2
1973
1 of 29 1902 Bridgeport Way W
Rent to Own Eligible
University Place
Townhouse/Condo
University Place, WA 98466
2
2
1101 ft2
1979
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Popular Zip Codes in University Place, WA

98466 rent to own homes 98467 rent to own homes

Buying a Home in University Place, WA

University Place, WA is seeing rapid growth and University Place, WA's' housing market remains not optimal with an average home price that is 78% above the 2024 national average. University Place, WA is part of Pierce county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Pierce is 1.02% which is above the national average, which is 0.99%.

Median Home Price in University Place, WA

Median Rent in University Place, WA

Rent to own homes offer low monthly payments and flexible terms.

Top 6 Reasons to Live in University Place, WA

It is a community that supports public art! If you love the arts, you will love University Place. A non-profit organization called UP for Arts has been established to develop a public art program to improve the attractiveness of the community. To further promote the goals of the organization, concerts and art exhibitions are regularly held in town.

New subdivisions are being constructed! There are many new location options within the town if you are finding a new home. Many rent to own houses that would fit your budget are also available. You may check the Current/Proposed Residential Projects Map on the city's official website or visit the University Place Town Hall adjacent to the Homestead Park to inquire.

Enjoy suburban living! University Place's setting alone is a must-see destination. With views of Puget Sound, Olympic Mountains, and Mount Rainier, suburban living has never been so beautiful. Multiple parks around the city provide fresh air and are perfect for relaxation. Walk your dog, do some exercise, or have a picnic with your family and friends and embrace the suburban lifestyle.

Play golf at Chambers Bay Golf Course! This golf course has recently opened, and a lot of good reviews about it have been already made. Every year, multiple golf tournaments, including the U.S. Open, are being held at this top-rated golf course. Enjoy the breathtaking view of Chambers Bay while you play your favorite sport. The place also serves as a perfect venue for weddings, reunions, and other big events.

No need to pay high real estate taxes! What everyone would probably like about University Place is that it has relatively low property tax rates. This makes it very manageable for individuals to settle their taxes. Even local sales tax is relatively low at 9.4 percent. Further good news is that some of its local taxes are waived. There is no state or local tax for income and there is no Business and Occupation (B & O) tax either.

Visit the Curran Apple Orchard! Seventy-seven acres of land, which started as a hobby orchard in the early 1950s, is now home to more than 200 apple trees with more than 15 varieties of apples. Have a break and explore nature when you visit this place, because it also provides food and shelter for small wildlife, birds, bees, and deer. You can also join the Curran Orchard Resource Enthusiasts and volunteer in the orchard maintenance through various projects such as the Adopt-A-Tree program and insect education classes.