What is the rental vacancy rate in University Place, WA?

Name: Vacancy rate in University Place, WA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in University Place, WA is 3.0% (±2.2 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±1.1 points).

534 (±258) homes, 3.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In University Place, the rental vacancy rate went from 3.2% in 2015–2019 to 3.0% in 2020–2024 (−0.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 3.0% (±2.2 points)
Homeowner vacancy rate: 0.7% (±1.1 points)
Vacant homes: 534 (±258)

Vacancy in University Place against Pierce County, its state and the nation

Estimate (90% margin of error)
	University Place	Pierce County	Washington	United States
Rental vacancy rate	3.0% (±2.2 points)	4.1% (±0.5 points)	4.5% (±0.2 points)	5.5%
Homeowner vacancy rate	0.7% (±1.1 points)	0.5% (±0.1 points)	0.7% (±0.1 points)	0.9%
Vacant housing units	534 (±258)	18,379 (±1,272)	241,800 (±5,686)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In University Place, the rental vacancy rate is not measurably different from Pierce County (4.1%).

It is not measurably different from Washington (4.5%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near University Place

Nearest places with a published estimate, compared with University Place
Place	Distance	Rental vacancy rate	Compared with this place
University Place	—	3.0% (±2.2 points)	—
Fircrest	1.8 mi	0.0% (±4.6 points)	Not measurably different
Lakewood	3.7 mi	6.7% (±2.3 points)	Higher
Steilacoom	3.8 mi	0.9% (±1.8 points)	Not measurably different
Tacoma	4.8 mi	3.9% (±0.8 points)	Not measurably different
Wollochet	4.9 mi	0.0% (±5.8 points)	Not measurably different
Fox Island	5.5 mi	0.0% (±31.5 points)	Not measurably different
Ruston	5.9 mi	8.7% (±11.1 points)	Not measurably different
McChord AFB	6.3 mi	2.4% (±3.6 points)	Not measurably different

Nearby places with a measurably higher figure: Lakewood, WA (6.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Pierce County, place by place

Rank	Place	Rental vacancy rate
15	Milton	5.0% (±6.3 points)
16	Frederickson	4.4% (±4.0 points)
17 (tie)	Elk Plain	4.0% (±5.2 points)
17 (tie)	Waller	4.0% (±4.8 points)
19	Tacoma	3.9% (±0.8 points)
20	North Fort Lewis	3.3% (±3.3 points)
21	University Place	3.0% (±2.2 points)
22 (tie)	Bonney Lake	2.8% (±3.4 points)
22 (tie)	Clover Creek	2.8% (±4.6 points)
24	McChord AFB	2.4% (±3.6 points)
25	Fife	2.2% (±2.1 points)
26	Midland	2.0% (±3.2 points)
27	Puyallup	1.9% (±1.3 points)

Showing 13 of 59 places in Pierce County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about University Place

Is it hard to find a rental in University Place?

The rental vacancy rate in University Place, WA is 3.0% (±2.2 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in University Place tighter than it was?

In University Place, the rental vacancy rate went from 3.2% in 2015–2019 to 3.0% in 2020–2024 (−0.2 percentage points), not a measurable change.

How many homes are vacant in University Place?

An estimated 534 (±258) housing units, 3.8% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for University Place city, Washington (place:73465, in state:53).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.