University Place / Gig Harbor, WA · Seattle metro

September 2026

98335,98466

Long-term Rental Rates

Long-term rental rates for University Place / Gig Harbor (98335,98466), in the Seattle metro area, as of September 2026.

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,527 – $1,677 -0.17% -5.17%
2-Bedroom $2,014 – $2,182 2.95% 1.19%
3-Bedroom $2,787 – $3,092 5.46% 4.31%
4-Bedroom $3,732 – $3,826 0.94% -0.75%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,732 – $1,820 1.68% -1.12%
2-Bedroom $2,082 – $2,189 -1.15% -1.49%
3-Bedroom $2,728 – $2,897 -0.76% 0.27%
4-Bedroom $3,711 – $3,832 0.62% -1.20%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,929 – $2,028 -1.24% -2.36%
2-Bedroom $2,148 – $2,327 -4.30% -12.03%
3-Bedroom $2,786 – $3,018 1.84% -6.37%
4-Bedroom $3,390 – $3,600 2.66% -2.34%
Data updated: October 19, 2026
University Place / Gig Harbor Rental Trends · Seattle metro

In the University Place / Gig Harbor (98335, 98466) rental market, 2-bedroom apartments climbed 4.0% month-over-month to a median rent of $1,965 as of August 2026. This segment also showed strength with a 5.8% year-over-year increase, making it a growth leader among local apartment options in University Place / Gig Harbor (98335, 98466).

The 3-bedroom condo segment in University Place / Gig Harbor (98335, 98466) reported a median rent of $2,824, leading 3-bedroom apartments by $470 ($2,824 versus $2,354). While 3-bedroom condos rose 0.7% year-over-year, the apartment equivalent dropped by 8.6% over the same period, highlighting the relative strength of condos.

Recent data from University Place / Gig Harbor (98335, 98466) rental trends indicate that 1-bedroom apartments saw a pronounced 10.8% month-over-month decrease, settling at $1,505 in August 2026. This unit type also experienced a year-over-year decline of 6.6%, marking the sharpest drop among all tracked bedroom categories.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,602 $2,098 $2,939 $3,791
August 2026 $1,505 $1,965 $2,354 $3,756
July 2026 $1,685 $1,890 $2,604 $3,722
June 2026 $1,640 $1,988 $2,636 $3,697
May 2026 $1,691 $1,963 $2,579 $3,678
April 2026 $1,695 $1,888 $2,645 $3,672
March 2026 $1,641 $1,908 $2,702 $3,682
February 2026 $1,625 $1,898 $2,610 $3,726
January 2026 $1,681 $1,920 $2,719 $3,800
December 2025 $1,680 $1,957 $2,744 $3,850
November 2025 $1,686 $1,996 $2,699 $3,863
October 2025 $1,677 $2,005 $2,686 $3,848

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,776 $2,136 $2,813 $3,795
August 2026 $1,731 $2,080 $2,824 $3,771
July 2026 $1,750 $2,139 $2,780 $3,749
June 2026 $1,730 $2,122 $2,711 $3,728
May 2026 $1,751 $2,081 $2,723 $3,697
April 2026 $1,776 $2,092 $2,767 $3,681
March 2026 $1,786 $2,172 $2,864 $3,687
February 2026 $1,781 $2,223 $2,876 $3,728
January 2026 $1,784 $2,140 $2,882 $3,792
December 2025 $1,801 $2,138 $2,884 $3,840
November 2025 $1,797 $2,168 $2,880 $3,855
October 2025 $1,812 $2,164 $2,863 $3,852

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,979 $2,238 $2,902 $3,495
August 2026 $2,008 $2,345 $2,856 $3,408
July 2026 $2,019 $2,434 $2,977 $3,381
June 2026 $1,946 $2,427 $3,121 $3,607
May 2026 $1,788 $2,473 $3,008 $3,492
April 2026 $1,950 $2,456 $3,007 $3,330
March 2026 $1,995 $2,430 $3,004 $3,449
February 2026 $2,006 $2,492 $3,057 $3,477
January 2026 $2,021 $2,520 $3,121 $3,511
December 2025 $2,034 $2,549 $3,157 $3,554
November 2025 $2,040 $2,562 $3,182 $3,586
October 2025 $2,037 $2,554 $3,203 $3,594

Similar Markets in Seattle-Tacoma-Bellevue