Long-term Rental Rates — April 2026 · ZIPs: 98335,98466
Local market data by Estaite
As of April 2026, rental prices in University Place / Gig Harbor, WA range from $1,695 to $3,681 per month depending on property type and bedroom count.
The largest year-over-year rent increase occurred for 1BR apartments, which rose 7.54% in University Place / Gig Harbor, WA.
For 2BR units, single-family homes have a median rent of $2,456 while apartments have a lower median of $1,888.
What is the current rent range in University Place / Gig Harbor, WA?
As of April 2026, rents in University Place / Gig Harbor, WA range from $1,695 (1BR apartment) to $3,681 (4BR condo/townhome) per month.
How much is the premium between apartment and single-family rents for 3-bedroom units in University Place / Gig Harbor, WA?
For 3BR rentals in University Place / Gig Harbor, WA, single-family homes rent for $3,007, which is $362 higher than the apartment median of $2,645 as of April 2026.
Which property and bedroom combination is most expensive in University Place / Gig Harbor, WA?
The most expensive segment in University Place / Gig Harbor, WA is 4BR condo/townhome units at $3,681 per month in April 2026.
Is there a bedroom count where one property type significantly outperforms the others in University Place / Gig Harbor, WA?
At the 4BR level, condo/townhome rents ($3,681) outperform single-family ($3,330) by $351 and apartments ($3,672) by $9 in University Place / Gig Harbor, WA as of April 2026.
University Place / Gig Harbor, WA
April 2026
98335,98466
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,610 – $1,780
3.81%
7.54%
2-Bedroom
$1,793 – $1,982
-0.94%
4.74%
3-Bedroom
$2,507 – $2,782
-0.09%
3.62%
4-Bedroom
$3,543 – $3,703
-0.28%
1.04%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,719 – $1,833
-0.25%
5.30%
2-Bedroom
$2,040 – $2,144
-1.41%
2.47%
3-Bedroom
$2,684 – $2,850
-3.17%
1.79%
4-Bedroom
$3,552 – $3,708
-0.15%
1.05%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,902 – $1,999
-2.28%
2.55%
2-Bedroom
$2,395 – $2,517
1.06%
2.29%
3-Bedroom
$2,896 – $3,118
1.04%
4.56%
4-Bedroom
$3,230 – $3,430
-3.59%
-2.22%
Data updated: June 2, 2026
In the University Place / Gig Harbor (98335, 98466) rental market, 1-bedroom apartments recorded a notable month-over-month increase of 3.81%, reaching a median rent of $1,695 in April 2026. The segment also climbed by 7.54% year-over-year, reflecting the highest annual growth among apartment options.
Monthly median rent for 4-bedroom single-family homes in University Place / Gig Harbor (98335, 98466) was $3,330 in April, with a year-over-year decrease of 2.22%. The segment experienced a month-over-month dip of 3.59%, making it the only single-family configuration to post negative annual growth.
Across property types, University Place / Gig Harbor (98335, 98466) rental trends show 2-bedroom condos leading apartments by $204, with condo rents at $2,092 compared to apartment rents of $1,888. Both segments posted monthly decreases, with condos down 1.41% and apartments declining 0.94%.