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Cheap Apartments under $1,200 for Rent in Tempe, AZ

1,005 Rentals
.
  1. Building Photo - The Bradford
    Rent Special
    Rent Special
    Call for Rent

    The Bradford

    1037 S Farmer Ave, Tempe, AZ 85281
  3. Building Photo - Gateway at Tempe
    $255 Off
    Price Drop. $255 Off
    2 BEDS
    $940+
    3 BEDS
    $775+
    4 BEDS
    $725+
    Total Monthly Price Total Monthly Price New
    Base Rent$725 - $1,075
    Required Monthly FeesNone
    Total Monthly Price$725 - $1,075

    Gateway at Tempe

    1655 E University Dr, Tempe, AZ 85288
    (623) 253-9043
  4. Building Photo - Manhatton
    1 BED
    $750

    Manhatton

    1849 E Manhatton Dr, Tempe, AZ 85282
  5. Backyard pool built in 2023 - 1207 E Loyola Dr
    Rent Special
    Rent Special
    1 BED, 1 BATH
    $775
    Total Monthly Price Total Monthly Price New
    Base Rent$775 - $900
    Required Monthly FeesNone
    Total Monthly Price$775 - $900

    1207 E Loyola Dr

    1207 E Loyola Dr, Tempe, AZ 85282
    Apply
  9. Gym - Eastridge Apartments
    Exceptional Value
    STUDIO
    $825+
    1 BED
    $1,000+
    2 BEDS
    $1,175+
    Total Monthly Price Total Monthly Price New
    Base Rent$825 - $1,175
    Required Monthly FeesNone
    Total Monthly Price$825 - $1,175

    Eastridge Apartments

    1522 E Southern Ave, Tempe, AZ 85282
    (623) 224-2459
  11. Interior Photo - The Flats
    $265 Off
    Price Drop. $265 Off
    STUDIO
    $946+
    1 BED
    $900+
    Total Monthly Price Total Monthly Price New
    Base Rent$834 - $1,115
    Required Monthly Fees$66
    Utilities & EssentialsVaries
    Total Monthly Price$900 - $1,181

    The Flats

    1045 S San Jose St, Mesa, AZ 85202
    (844) 731-6003
  12. Building Photo - Sentry Tempe
    $276 Off
    Price Drop. $276 Off
    |
    STUDIO
    $838+
    1 BED
    $1,014+
    2 BEDS
    $1,150+

    Sentry Tempe

    3730 S Mill Ave, Tempe, AZ 85282
    (623) 745-2476
  16. Building Photo - Atrium
    Call for Rent

    Atrium

    1835 E Don Carlos Ave, Tempe, AZ 85281
  17. Building Photo - Nine20 Tempe
    Rent Special
    Rent Special
    4 BEDS
    $850

    Nine20 Tempe

    920 S Terrace Rd, Tempe, AZ 85281
  19. Building Photo - Terra Vida
    $433 Off
    Price Drop. $433 Off
    STUDIO
    $952+
    1 BED
    $1,089+
    2 BEDS
    $1,262+
    Total Monthly Price Total Monthly Price New
    Base Rent$885 - $2,151
    Required Monthly Fees$67
    Utilities & EssentialsVaries
    Total Monthly Price$952 - $1,347

    Terra Vida

    150 S Roosevelt Rd, Mesa, AZ 85202
    (623) 253-3684
  25. Building Photo - Parq on 5th
    1 Month Free
    1 Month Free
    STUDIO
    $1,079
    Total Monthly Price Total Monthly Price New
    Base Rent$899 - $1,103
    Required Monthly Fees$81
    Utilities & EssentialsVaries
    Total Monthly Price$1,079 - $1,100

    Parq on 5th

    805 W Brown St, Tempe, AZ 85281
    (623) 254-5957
  26. Building Photo - Waterstone
    $328 Off
    Price Drop. $328 Off
    STUDIO
    $994+
    1 BED
    $1,090+
    Total Monthly Price Total Monthly Price New
    Base Rent$899 - $1,348
    Required Monthly Fees$95 - $150
    Total Monthly Price$994 - $1,498

    Waterstone

    1651 S Dobson Rd, Mesa, AZ 85202
    (602) 932-1732
  28. Open Living Space - Suite 16
    1 Month Free
    1 Month Free
    STUDIO
    $899

    Suite 16

    1402 S Terrace Rd, Tempe, AZ 85281
  29. Open Kitchen Studio - Riviera Palms
    1 Month Free
    1 Month Free
    STUDIO
    $899+
    1 BED
    $1,099+

    Riviera Palms

    914 E Lemon St, Tempe, AZ 85281
  35. Building Photo - SoL
    Rent Special
    Rent Special
    2 BEDS
    $1,050+
    3 BEDS
    $1,075+
    4 BEDS
    $930+
    Total Monthly Price Total Monthly Price New
    Base Rent$930 - $1,135
    Required Monthly FeesNone
    Total Monthly Price$930 - $1,135

    SoL

    1949 E University Dr, Tempe, AZ 85281
  41. Building Photo - Sago Gardens
    Good Value
    2 BEDS
    $950

    Sago Gardens

    1015 S Stanley Pl, Tempe, AZ 85281
Showing 42 of 167 results, Page 1 of 4

Tempe at a Glance

Average Rent

$1,484
(All bedrooms and property types)
Learn more about
Average Rent in Tempe
7

School Rating

out of 10 Rating
Learn more about
Schools in Tempe

Tempe, AZ Apartments for Rent

Tempe is home to the main campus of Arizona State University, one of the largest public universities by enrollment in the United States, creating a lively college town atmosphere along the Salt River. If you're searching for apartments for rent in Tempe, you'll discover budget-friendly options that work perfectly for students and young professionals alike, with average one-bedroom rents around $1,458 and recent decreases of 3.1% making now a great time to find your next home.

Renting in Tempe gives you amazing bang for your buck with easy access to both city perks and outdoor fun. The walkable Mill Avenue district serves up shops, restaurants, and nightlife, while Tempe Town Lake lets you kayak and enjoy waterfront activities just minutes from most apartment communities. Valley Metro Light Rail connects you throughout the Phoenix area for simple commuting, and being close to major employers like ASU and local tech companies means plenty of job opportunities. Popular neighborhoods like Maple-Ash and Riverside offer different housing styles, from modern high-rises near downtown to more suburban apartment communities with desert landscaping and resort-style amenities.

Why Tempe?

  • Tempe is home to Arizona State, one of the largest public universities in the country
  • Tempe has multiple family-friendly events throughout the year like the Tempe Festival of the Arts
  • Parks like Tempe Beach Park and Papago Park provide residents with plenty of outdoor recreation
  • The Tempe Center for the Arts hosts an array of live performances while the Wells Fargo Arena presents various sporting events and concerts
  • Shop ‘til you drop at Tempe’s vast retail centers like Arizona Mills and Tempe Marketplace

Renting in Tempe

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Tempe

(For 1 bedroom apartments)

Education

GreatSchools Rating
Corona Del Sol High School

Public High School

Public
Grades 9-12
2,598 Students
GreatSchools Rating
McClintock High School

Public High School

Public
Grades 9-12
1,777 Students
GreatSchools Rating
Tempe High School

Public High School

Public
Grades 9-12
1,430 Students
GreatSchools Rating
McKemy Academy of International Studies

Public Middle School

Public
Grades 6-8
334 Students
GreatSchools Rating
Broadmor Elementary School

Public Elementary School

Public
Grades K-5
574 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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