Apartments under $1,200 for Rent in Tempe, AZ
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Exceptional Value|
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Price Drop. $200 Off
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Price Drop. $221 Off|
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Price Drop. $525 Off|STUDIO$1,125+1 BED$1,200+
The Quinn Apartments
5121 E La Puente Ave, Phoenix, AZ 85044 -
Price Drop. $183 Off|Total Monthly Price Total Monthly Price NewSTUDIO$1,024+1 BED$1,095+Base Rent$1,001 - $1,333Required Monthly Fees$23Utilities & EssentialsVariesTotal Monthly Price$1,024 - $1,356
Scottsdale Gateway
2100 N Scottsdale Rd, Tempe, AZ 85288 -
Good Value
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Price Drop. $262 Off|STUDIO$1,084+1 BED$1,078+2 BEDS$1,121+
Sono Tempe
4130 S Mill Ave, Tempe, AZ 85282 -
Price Drop. $170 Off|STUDIO$877+1 BED$962+2 BEDS$1,187+
Sentry Tempe
3730 S Mill Ave, Tempe, AZ 85282 -
1 Month Free|
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Rent Special
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Price Drop. $200 Off|
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Discounts|
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Exceptional Value|
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Rent Special
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Exceptional Value
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Price Drop. $251 Off|STUDIO$1,050+1 BED$1,050+2 BEDS$1,140+
Mission Springs
1311 W Baseline Rd, Tempe, AZ 85283 -
Price Drop. $160 Off|
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Rent Special|
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Exceptional Value
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Rent Special|STUDIO$1,076+1 BED$1,035+
Paseo on University
1255 E University Dr, Tempe, AZ 85281 -
1 Month Free|
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Exceptional Value|
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Exceptional Value|STUDIO$999+1 BED$1,099+
University Pointe Apartments
919 E Lemon St, Tempe, AZ 85281 -
Good Value|
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Good ValueTotal Monthly Price Total Monthly Price New1 BED$1,234Base Rent$1,193 - $1,300Required Monthly Fees$41Utilities & EssentialsVariesTotal Monthly Price$1,234 - $1,341
Rockledge Fairways
13220 S 48th St, Phoenix, AZ 85044 -
Price Drop. $187 Off|Total Monthly Price Total Monthly Price New1 BED$1,094+2 BEDS$1,113+Base Rent$1,066 - $1,529Required Monthly Fees$28Utilities & EssentialsVariesTotal Monthly Price$1,094 - $1,463
Station 21
2121 W Main St, Mesa, AZ 85201 -
Price Drop. $270 Off
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Price Drop. $281 Off|
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Exceptional Value|
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Price Drop. $157 Off|
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Price Drop. $334 Off
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Price Drop. $250 Off|
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Price Drop. $256 Off
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Rent SpecialSTUDIO$1,119+1 BED$1,149+
The Rev Apartment Homes
3409 S Rural Rd, Tempe, AZ 85282 -
Good Value
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Exceptional Value
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Price Drop. $316 Off
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Good ValueTotal Monthly Price Total Monthly Price New1 BED$1,237Base Rent$1,169 - $1,217Required Monthly Fees$68Utilities & EssentialsVariesTotal Monthly Price$1,237
Serafina at South Mountain
11025 S 51st St, Phoenix, AZ 85044 -
Rent SpecialTotal Monthly Price Total Monthly Price NewSTUDIO$1,168+1 BED$1,185+Base Rent$1,095 - $4,218Required Monthly Fees$73Utilities & EssentialsVariesTotal Monthly Price$1,168 - $4,291
Avana River Ranch
6152 W Oakland St, Chandler, AZ 85226 -
2 Months Free
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Rent SpecialTotal Monthly Price Total Monthly Price NewSTUDIO$893+1 BED$1,180+Base Rent$876 - $4,474Required Monthly Fees$17Utilities & EssentialsVariesTotal Monthly Price$893 - $4,491
Avana Tempe
30 W Carter Dr, Tempe, AZ 85282
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 511 Sq Ft $1,344 / mo
- 1 Bedroom 693 Sq Ft $1,479 / mo
- 2 Bedrooms 992 Sq Ft $1,721 / mo
- 3 Bedrooms 1,319 Sq Ft $2,372 / mo
- 4 Bedrooms 2,111 Sq Ft $4,204 / mo
Top Budget-Friendly Neighborhoods in Tempe
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Guadalupe 713 Sq Ft $1,301/mo
- Alameda 670 Sq Ft $1,475/mo
- South Tempe 765 Sq Ft $1,487/mo
- West Tempe 678 Sq Ft $1,537/mo
- The Lakes 723 Sq Ft $1,608/mo
- Apache 691 Sq Ft $1,621/mo
- Downtown Tempe 711 Sq Ft $1,701/mo
- North Tempe 753 Sq Ft $1,882/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Tempe
Tempe Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Tempe, AZ
- Tempe Apartments Under $800
- Tempe Apartments Under $900
- Tempe Apartments Under $1,000
- Tempe Apartments Under $1,100
- Tempe Apartments Under $1,200
- Tempe Apartments Under $1,300
- Tempe Apartments Under $1,400
- Tempe Apartments Under $1,500
- Tempe Apartments Under $1,600
- Tempe Apartments Under $1,700
- Tempe Apartments Under $1,800
- Tempe Apartments Under $1,900
- Tempe Apartments Under $2,000
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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.