Three Bedroom Apartments for Rent in Tempe, AZ
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1 Month Free|Total Monthly Price Total Monthly Price New3 BEDS$2,105Base Rent$2,098 - $2,348Required Monthly Fees$7 - $10Utilities & EssentialsVariesTotal Monthly Price$2,105 - $2,358
Broadstone Tempe Station
2323 E Apache Blvd, Tempe, AZ 85281 -
Price Drop. $280 Off|
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DiscountsTotal Monthly Price Total Monthly Price New3 BEDS$2,168Base Rent$2,115 - $2,125Required Monthly Fees$53Utilities & EssentialsVariesTotal Monthly Price$2,168 - $2,178
Highland Park
5038 S Hardy Dr, Tempe, AZ 85282 -
1 Month Free|Total Monthly Price Total Monthly Price New3 BEDS$2,297Base Rent$2,188 - $3,840Required Monthly Fees$109Utilities & EssentialsVariesTotal Monthly Price$2,297 - $3,949
San Portella
2155 S 55th St, Tempe, AZ 85282 -
Exceptional Value
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Exceptional Value|Total Monthly Price Total Monthly Price New3 BEDS$1,614Base Rent$1,569 - $1,950Required Monthly Fees$45 - $49Utilities & EssentialsVariesTotal Monthly Price$1,614 - $1,999
Westmount at Downtown Tempe
615 S Hardy Dr, Tempe, AZ 85281 -
Price Drop. $850 Off|
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Price Drop. $478 Off|
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2 Months Free|
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2 Months Free|
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Rent Special|Total Monthly Price Total Monthly Price New3 BEDS$4,632Base Rent$4,595 - $10,115Required Monthly Fees$36Utilities & EssentialsVariesTotal Monthly Price$4,631 - $10,151
The Alyssa
98 South River Dr, Tempe, AZ 85288 -
Rent Special
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1 Month Free|
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Exceptional Value|
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Price Drop. $364 Off|Total Monthly Price Total Monthly Price New3 BEDS$1,647Base Rent$1,585 - $1,842Required Monthly Fees$62Utilities & EssentialsVariesTotal Monthly Price$1,647 - $1,904
Galleria Palms
1600 W La Jolla Dr, Tempe, AZ 85282 -
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Tempe at a Glance
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
- Apartment Type Average Sq Ft Average Rent
- Studio 512 Sq Ft $1,340 / mo
- 1 Bedroom 698 Sq Ft $1,479 / mo
- 2 Bedrooms 993 Sq Ft $1,706 / mo
- 3 Bedrooms 1,318 Sq Ft $2,331 / mo
- 4 Bedrooms 2,111 Sq Ft $4,322 / mo
Top Budget-Friendly Neighborhoods in Tempe
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Parkside Manor 658 Sq Ft $1,144/mo
- Lindon Park 665 Sq Ft $1,176/mo
- Broadmor 629 Sq Ft $1,206/mo
- Bar Ranchos 627 Sq Ft $1,216/mo
- Tempe Gardens 674 Sq Ft $1,226/mo
- Oaks 580 Sq Ft $1,260/mo
- University Shadows 605 Sq Ft $1,299/mo
- Guadalupe 732 Sq Ft $1,362/mo
- 12Fifty5 on University 732 Sq Ft $1,378/mo
- Palmcroft Manor 736 Sq Ft $1,417/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Tempe
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Tempe Apartments for Rent in Your Budget
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.