Housing & Real Estate — University Place, Washington
Overview
| Total Housing Units | 14,409 |
| Occupied | 13,803 |
| Vacant | 606 |
| Owner-Occupied | 8,126 |
| Renter-Occupied | 5,677 |
| Median Home Value (Census) | $624,800 |
| Estimated 2026 | ~$749,000 |
| Median Rent | $1,664/mo |
| Median Property Tax | $6,162/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | expensive |
| Rent as % of Income | 20.2% |
| Severely Rent-Burdened | 48.6% |
Housing Age
| Built 2010 or later | 1,066 |
| Built 2000-2009 | 1,518 |
| Built 1990-1999 | 2,229 |
| Built before 1960 | 1,804 |
| Median Year Built | 1979 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.