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

1,035 Rentals
.
  4. 2 Months Free
    2 Months Free
    |
    1 BED
    $1,298
    Total Monthly Price Total Monthly Price New
    Base Rent$1,118 - $1,193
    Required Monthly Fees$180 - $182
    Utilities & EssentialsVaries
    Total Monthly Price$1,298 - $1,375

    Finisterra On Grove

    1250 W Grove Pky, Tempe, AZ 85283
    (623) 233-0157
  6. 1 BED
    $1,327
    Total Monthly Price Total Monthly Price New
    Base Rent$1,184 - $1,309
    Required Monthly Fees$143
    Utilities & EssentialsVaries
    Total Monthly Price$1,327 - $1,452

    Strada

    701 W Grove Pky, Tempe, AZ 85283
    (623) 323-3775
  12. Good Value
    2 BEDS
    $1,236
    Total Monthly Price Total Monthly Price New
    Base Rent$1,176 - $1,248
    Required Monthly Fees$60
    Utilities & EssentialsVaries
    Total Monthly Price$1,236 - $1,308

    Highland Park

    5038 S Hardy Dr, Tempe, AZ 85282
    (623) 263-0254
  14. $379 Off
    Price Drop. $379 Off
    |
    STUDIO
    $917+
    1 BED
    $1,005+
    Total Monthly Price Total Monthly Price New
    Base Rent$894 - $1,366
    Required Monthly Fees$23
    Utilities & EssentialsVaries
    Total Monthly Price$917 - $1,389

    Scottsdale Gateway

    2100 N Scottsdale Rd, Tempe, AZ 85288
    (623) 401-0441
  19. Exceptional Value
    4 BEDS
    $999
    Total Monthly Price Total Monthly Price New
    Base Rent$999 - $1,224
    Required Monthly FeesNone
    Total Monthly Price$999 - $1,224

    VERVE Tempe

    1011 E Orange St, Tempe, AZ 85281
    (855) 687-9087
  26. Rent Special
    Rent Special
    1 BED
    $1,177
    Total Monthly Price Total Monthly Price New
    Base Rent$1,139 - $1,259
    Required Monthly Fees$38
    Utilities & EssentialsVaries
    Total Monthly Price$1,177 - $1,297

    Modena

    815 N 52nd St, Phoenix, AZ 85008
    (623) 244-4283
  31. 2 Months Free
    2 Months Free
    |
    1 BED
    $977
    Total Monthly Price Total Monthly Price New
    Base Rent$949 - $1,269
    Required Monthly Fees$28
    Utilities & EssentialsVaries
    Total Monthly Price$977 - $1,297

    Station 21

    2121 W Main St, Mesa, AZ 85201
    (844) 423-3986
  37. $224 Off
    Price Drop. $224 Off
    1 BED
    $1,204+
    2 BEDS
    $1,335+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,019 - $1,499
    Required Monthly Fees$185
    Utilities & EssentialsVaries
    Total Monthly Price$1,204 - $1,684

    Villetta

    1840 W Emelita Ave, Mesa, AZ 85202
    (623) 343-6020
  38. $144 Off
    Price Drop. $144 Off
    1 BED
    $1,265
    Total Monthly Price Total Monthly Price New
    Base Rent$1,192 - $5,415
    Required Monthly Fees$73
    Utilities & EssentialsVaries
    Total Monthly Price$1,265 - $5,488

    Avana River Ranch

    6152 W Oakland St, Chandler, AZ 85226
    (602) 584-7642
  39. Good Value
    1 BED
    $1,222
    Total Monthly Price Total Monthly Price New
    Base Rent$1,154 - $1,194
    Required Monthly Fees$68
    Utilities & EssentialsVaries
    Total Monthly Price$1,222 - $1,262

    Serafina at South Mountain

    11025 S 51st St, Phoenix, AZ 85044
    (623) 281-2519
  42. Rent Special
    Rent Special
    STUDIO
    $972+
    1 BED
    $1,105+
    Total Monthly Price Total Monthly Price New
    Base Rent$955 - $4,762
    Required Monthly Fees$17
    Utilities & EssentialsVaries
    Total Monthly Price$972 - $4,779

    Avana Tempe

    30 W Carter Dr, Tempe, AZ 85282
    (623) 244-6463
Showing 42 of 167 results, Page 1 of 4

Tempe at a Glance

Average Rent

$1,487
(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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