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Two Bedroom Apartments under $1,500 for Rent in Tempe, AZ

991 Rentals
.
  1. Building Photo - IMT Desert Palm Village
    Exceptional Value
    |
    2 BEDS
    $1,413
    Total Monthly Price Total Monthly Price New
    Base Rent$1,385 - $1,415
    Required Monthly Fees$18
    Utilities & EssentialsVaries
    Total Monthly Price$1,413 - $1,433

    IMT Desert Palm Village

    1215 E Vista Del Cerro Dr, Tempe, AZ 85281
    (623) 323-8837
  9. Rent Special
    Rent Special
    |
    2 BEDS
    $1,511
    Total Monthly Price Total Monthly Price New
    Base Rent$1,446 - $1,599
    Required Monthly Fees$65
    Utilities & EssentialsVaries
    Total Monthly Price$1,511 - $1,664

    Galleria Palms

    1600 W La Jolla Dr, Tempe, AZ 85282
    (602) 755-6819
  11. $190 Off
    Price Drop. $190 Off
    2 BEDS
    $1,321
    Total Monthly Price Total Monthly Price New
    Base Rent$1,291 - $1,619
    Required Monthly Fees$30
    Utilities & EssentialsVaries
    Total Monthly Price$1,321 - $1,567

    Allure at Tempe Apartments

    1155 W Grove Pky, Tempe, AZ 85283
    (623) 400-8859
  13. 1 Month Free
    1 Month Free
    2 BEDS
    $1,490
    Total Monthly Price Total Monthly Price New
    Base Rent$1,430 - $1,472
    Required Monthly Fees$60
    Utilities & EssentialsVaries
    Total Monthly Price$1,490 - $1,532

    Highland Park

    5038 S Hardy Dr, Tempe, AZ 85282
    (623) 263-0254
  22. Good Value
    |
    2 BEDS
    $1,334
    Total Monthly Price Total Monthly Price New
    Base Rent$1,311 - $1,580
    Required Monthly Fees$23
    Utilities & EssentialsVaries
    Total Monthly Price$1,334 - $1,603

    Scottsdale Gateway

    2100 N Scottsdale Rd, Tempe, AZ 85288
    (623) 401-0441
  28. 2 Months Free
    2 Months Free
    |
    2 BEDS
    $1,167
    Total Monthly Price Total Monthly Price New
    Base Rent$1,139 - $1,848
    Required Monthly Fees$28
    Utilities & EssentialsVaries
    Total Monthly Price$1,167 - $1,442

    Station 21

    2121 W Main St, Mesa, AZ 85201
    (844) 423-3986
  30. 1 Month Free
    1 Month Free
    2 BEDS
    $1,543
    Total Monthly Price Total Monthly Price New
    Base Rent$1,467 - $1,626
    Required Monthly Fees$41
    Utilities & EssentialsVaries
    Total Monthly Price$1,543 - $1,667

    Rockledge Fairways

    13220 S 48th St, Phoenix, AZ 85044
    (623) 239-4539
Showing 42 of 177 results, Page 1 of 5

Tempe at a Glance

Average Rent

$1,476
(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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