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Updated 3 hours ago

Colonial Park Apts., Llc

VERIFIED

7722 40th St W University Place, WA

1 - 2 Bed
1 Bath

785 - 987 Sq. Ft.

Available starting Mar. 28th
Studio • 1 Bath
$1,025
700 ft2
0 Available
Managed By: Colonial Park Apartments, Llc
7794 40th St. W.
$1,025
Rented
View
1 Bed • 1 Bath
$1,395
785 ft2
1 Available
Managed By: Colonial Park Apartments, Llc
7726B
$1,395
Available Mar 28th, 2026
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View Rented Units
2 Beds • 1 Bath
$1,795
987 ft2
1 Available
Managed By: Colonial Park Apartments, Llc
7772A
$1,795
Available Apr 11th, 2026
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View Rented Units
3 Beds • 2 Bath
$1,350 - $2,100
1270 ft2
0 Available
Managed By: Colonial Park Apartments, Llc
7746 40th St. W.
$1,350
Rented
View
Unit 7704
$2,100
Rented
View
Unit 7746
$1,875
Rented
View
Unit 7720
$1,950
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
72
Very Walkable
Bike Score®
82
Very Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Pool
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit:

1395 - 1795

Property details
Description

University Place 2 Bedroom Apartment Home near Chambers Bay - Conveniently located 2 bedroom 1½ bathroom apartment in the heart of University Place with easy access to buses, shopping, Chambers Bay, city facilities and the highly acclaimed University Place School District.
Property Highlights Include:
• White on White Appliances
• Washer and Dryer
• Seasonal Pool
• Dishwasher & Garbage Disposal
• Free Parking
• On Site Management
• Wall-to-wall carpet
• Electric heating to keep you warm in the winter months
Pre-Leasing today! Come find your new home at Colonial Park Apartments where location and relaxation create the ideal place.

Additional Details
Total Unit Count: 71
Last Updated: Updated 3 hours ago
Contact Number: (253) 303-5476 ext: 5
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Colonial Park Apts., Llc by bedroom type below.
1 Bedroom
Suggested income:
$50,200
per year
2 Bedroom
Suggested income:
$64,600
per year
Rent report

Colonial Park Apts., Llc Rent vs. University Place Average

 Colonial Park Apts., Llc      University Place Average
1BR
$1,395
$1,555
$0
$550
$1,100
$1,650
$2,200
2BR
$1,795
$1,850
$0
$650
$1,300
$1,950
$2,600

Colonial Park Apts., Llc is asking 10% less than the average 1 bedroom apartment in University Place.

If you upsized to an average priced University Place 2 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced University Place studio apartment, you would pay 24% less per month.

Colonial Park Apts., Llc provides 6% more square footage than the average University Place 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Colonial Park Apts., Llc
1BR $1,395 $1.80 $4,185
2BR $1,795 $1.80 $5,385
University Place Average
Studio $1,250 $2.80 $3,750
1BR $1,555 $2.10 $4,664
2BR $1,850 $1.90 $5,550
3BR $2,523 $1.50 $7,568
4BR $3,350 $1.50 $10,050

Availability in University Place

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 46 2BR units on the market in University Place. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 41% 46% 5% 2%
Available Units in University Place
Studio 5
1BR 41
2BR 46
3BR 5
4BR 2
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Child Study And Treatment Center 2.91 mi.
Western State Hospital 3.12 mi.
Allenmore Hospital 3.17 mi.
Nearby Fire Stations
Name Distance
Pierce County Fire District Number 3 Dba West Pierce Fire & Rescue 0.42 mi.
Pierce County Fire District Number 3 Dba West Pierce Fire & Rescue 2.84 mi.
Tacoma Fire Department 3.29 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is March 28, 2026.
What's the square footage of the available units?
The available units range from 785 to 987 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,395 to $1,795. Colonial Park Apts., Llc has 1 bedroom units available starting at $1,395 and 2 bedroom units available starting at $1,795.
Where is this property located?
This property is at 7722 40th St W in University Place, WA. It's 0.8 miles southeast from the center of University Place.
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