University Place, WA

Key Performance Metrics

Market snapshot

Performance indicators for the University Place short-term rental market based on reliable data.

Listings

46 / 124

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$34,154

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$647,666

Median Home Sale Price

Top Earners

$91,983

Top-Earners Revenue

University Place

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in University Place.

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B

Generally Investor friendly

University Place Regulations

STRs are allowed citywide and governed only by state-level rules rather than local ordinances—no caps, limited zones, or city permits; investors must register with the state, collect sales and lodging taxes, and meet basic safety and zoning standards, which are straightforward and manageable.

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About University Place

University Place is a city in Pierce County, Washington, United States. Its population was 34,866 at the 2020 census.Based on per capita income, University Place ranks 81st of 522 areas in the state of Washington to be ranked.