Long-term Rental Rates — June 2026 · ZIPs: 98335,98466
Local market data by Estaite
As of June 2026, rental prices in University Place / Gig Harbor, WA range from $1,640 to $3,728 per month depending on property type and bedroom count.
The steepest year-over-year increase is seen in 2BR apartments, which rose 10.78%.
For 2-bedroom properties in University Place / Gig Harbor, WA, apartments rent for $1,988 while single-family homes rent for $2,427.
What are the rent prices across University Place / Gig Harbor, WA in June 2026?
Rent prices in University Place / Gig Harbor, WA range from $1,640 per month for 1BR apartments up to $3,728 per month for 4BR condo/townhomes in June 2026.
How much more expensive are single-family homes compared to apartments for the same bedroom count in University Place / Gig Harbor, WA?
For 2BR units, single-family homes rent at $2,427, which is $439 higher than apartments at $1,988; for 4BR, single-family homes rent at $3,607, which is $90 lower than apartments at $3,697.
Which property type and bedroom count is the most expensive in University Place / Gig Harbor, WA?
The highest rent in June 2026 is $3,728 per month for 4BR condo/townhomes in University Place / Gig Harbor, WA.
In University Place / Gig Harbor, WA, is there a bedroom count where one property type leads by a significant margin?
For 1BR units, single-family homes command higher rent at $1,946 compared to apartments at $1,640 and condo/townhomes at $1,730, a difference of $306 above the lowest segment.
University Place / Gig Harbor, WA
June 2026
98335,98466
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,558 – $1,722
-3.02%
3.00%
2-Bedroom
$1,889 – $2,088
2.17%
10.78%
3-Bedroom
$2,517 – $2,754
0.02%
0.98%
4-Bedroom
$3,675 – $3,722
0.53%
0.04%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,687 – $1,774
-1.03%
0.75%
2-Bedroom
$2,069 – $2,175
1.14%
2.49%
3-Bedroom
$2,629 – $2,792
0.52%
0.12%
4-Bedroom
$3,692 – $3,775
0.82%
0.21%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,897 – $1,995
7.83%
-0.62%
2-Bedroom
$2,366 – $2,488
-1.90%
-1.74%
3-Bedroom
$3,006 – $3,237
3.89%
5.16%
4-Bedroom
$3,455 – $3,758
4.63%
3.42%
Data updated: July 19, 2026
In the University Place / Gig Harbor (98335, 98466) rental market, 2-bedroom apartments recorded a 10.78% year-over-year increase, reaching a median rent of $1,988 in June 2026. This segment’s annual growth outpaces all other apartment sizes, marking it as the fastest riser in the current cycle.
The 3-bedroom single-family segment in University Place / Gig Harbor (98335, 98466) posted a median rent of $3,121, exactly $485 above 3-bedroom apartments at $2,636. Notably, single-family homes in this category saw a 5.16% rent increase year-over-year, underscoring their relative price climb during the period.
With a median of $1,730, 1-bedroom condos in the area exceed apartments by $90, and University Place / Gig Harbor (98335, 98466) rental trends show a 1.03% month-over-month decline for the condo segment. Meanwhile, 1-bedroom apartments declined by 3.02% over the same timeframe, showing sharper short-term decreases.