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

2,833 Rentals
.
  1. Building Photo - IMT Desert Palm Village
    $280 Off
    Price Drop. $280 Off
    |
    1 BED
    $1,288+
    2 BEDS
    $1,398+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,270 - $1,545
    Required Monthly Fees$18
    Utilities & EssentialsVaries
    Total Monthly Price$1,288 - $1,563

    IMT Desert Palm Village

    1215 E Vista Del Cerro Dr, Tempe, AZ 85281
    (623) 323-8837
  5. $283 Off
    Price Drop. $283 Off
    |
    STUDIO
    $1,050+
    1 BED
    $1,200+
    2 BEDS
    $1,325+

    Avia 266

    2354 W University Dr, Mesa, AZ 85201
    (844) 975-3833
  11. 2 Months Free
    2 Months Free
    |
    1 BED
    $1,410
    Total Monthly Price Total Monthly Price New
    Base Rent$1,204 - $1,390
    Required Monthly Fees$180 - $182
    Utilities & EssentialsVaries
    Total Monthly Price$1,410 - $1,446

    Finisterra On Grove

    1250 W Grove Pky, Tempe, AZ 85283
    (623) 233-0157
  13. $190 Off
    Price Drop. $190 Off
    2 BEDS
    $1,524
    Total Monthly Price Total Monthly Price New
    Base Rent$1,494 - $2,304
    Required Monthly Fees$30
    Utilities & EssentialsVaries
    Total Monthly Price$1,524 - $1,724

    Allure at Tempe Apartments

    1155 W Grove Pky, Tempe, AZ 85283
    (623) 400-8859
  15. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,423
    Total Monthly Price Total Monthly Price New
    Base Rent$1,290 - $1,665
    Required Monthly Fees$8 - $10
    Utilities & EssentialsVaries
    Total Monthly Price$1,423 - $1,675

    Broadstone Tempe Station

    2323 E Apache Blvd, Tempe, AZ 85281
    (855) 949-6153
  18. $205 Off
    Price Drop. $205 Off
    1 BED
    $1,289+
    2 BEDS
    $1,393+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,229 - $1,498
    Required Monthly Fees$60
    Utilities & EssentialsVaries
    Total Monthly Price$1,289 - $1,558

    Highland Park

    5038 S Hardy Dr, Tempe, AZ 85282
    (623) 263-0254
  21. 2 Months Free
    2 Months Free
    |
    1 BED
    $1,469
    Total Monthly Price Total Monthly Price New
    Base Rent$1,360 - $3,163
    Required Monthly Fees$109
    Utilities & EssentialsVaries
    Total Monthly Price$1,469

    San Portella

    2155 S 55th St, Tempe, AZ 85282
    (844) 977-2417
  22. $551 Off
    Price Drop. $551 Off
    |
    1 BED
    $1,199+
    2 BEDS
    $1,198+

    Agave

    1718 S Jentilly Ln, Tempe, AZ 85281
    (866) 890-9216
  25. $160 Off
    Price Drop. $160 Off
    |
    1 BED
    $1,045+
    2 BEDS
    $1,255+

    505 West

    505 W Baseline Rd, Tempe, AZ 85283
    (623) 404-6892
  29. $169 Off
    Price Drop. $169 Off
    |
    STUDIO
    $1,395+
    1 BED
    $1,335+

    The Hyve

    1260 E University Dr, Tempe, AZ 85281
    (623) 745-2849
  33. Rent Special
    Rent Special
    |
    STUDIO
    $1,506
    Total Monthly Price Total Monthly Price New
    Base Rent$1,342 - $2,042
    Required Monthly Fees$64
    Utilities & EssentialsVaries
    Total Monthly Price$1,506 - $1,515

    Aura Watermark

    420 N Scottsdale Rd, Tempe, AZ 85281
    (833) 693-4005
  38. $164 Off
    Price Drop. $164 Off
    1 BED
    $1,100+
    2 BEDS
    $1,250+

    The Avi

    1235 W Baseline Rd, Tempe, AZ 85283
    (623) 552-6425
  39. $321 Off
    Price Drop. $321 Off
    |
    STUDIO
    $1,084+
    1 BED
    $1,078+
    2 BEDS
    $1,133+

    Sono Tempe

    4130 S Mill Ave, Tempe, AZ 85282
    (623) 233-0521
  42. Exceptional Value
    |
    1 BED
    $1,400+
    2 BEDS
    $1,524+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,335 - $1,728
    Required Monthly Fees$65
    Utilities & EssentialsVaries
    Total Monthly Price$1,400 - $1,793

    Galleria Palms

    1600 W La Jolla Dr, Tempe, AZ 85282
    (602) 755-6819
Showing 42 of 303 results, Page 1 of 8

Tempe at a Glance

Average Rent

$1,479
(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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