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

2,809 Rentals
.
  2. Building Photo - IMT Desert Palm Village
    Exceptional Value
    |
    1 BED
    $1,268+
    2 BEDS
    $1,393+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,220 - $1,620
    Required Monthly Fees$18
    Utilities & EssentialsVaries
    Total Monthly Price$1,268 - $1,638

    IMT Desert Palm Village

    1215 E Vista Del Cerro Dr, Tempe, AZ 85281
    (623) 323-8837
  3. Good Value
    |
    STUDIO
    $1,558
    Total Monthly Price Total Monthly Price New
    Base Rent$1,497 - $1,552
    Required Monthly Fees$61
    Utilities & EssentialsVaries
    Total Monthly Price$1,558 - $1,613

    Vero

    651 E 6th St, Tempe, AZ 85281
    (877) 960-3240
  4. $249 Off
    Price Drop. $249 Off
    |
    STUDIO
    $1,020+
    1 BED
    $1,175+
    2 BEDS
    $1,350+

    Avia 266

    2354 W University Dr, Mesa, AZ 85201
    (844) 975-3833
  16. $185 Off
    Price Drop. $185 Off
    |
    STUDIO
    $1,020+
    1 BED
    $1,247+
    Total Monthly Price Total Monthly Price New
    Base Rent$991 - $1,577
    Required Monthly Fees$23
    Utilities & EssentialsVaries
    Total Monthly Price$1,020 - $1,600

    Scottsdale Gateway

    2100 N Scottsdale Rd, Tempe, AZ 85288
    (623) 401-0441
  20. Exceptional Value
    |
    1 BED
    $1,376
    Total Monthly Price Total Monthly Price New
    Base Rent$1,243 - $1,518
    Required Monthly Fees$8 - $10
    Utilities & EssentialsVaries
    Total Monthly Price$1,376 - $1,528

    Broadstone Tempe Station

    2323 E Apache Blvd, Tempe, AZ 85281
    (855) 949-6153
  21. Good Value
    1 BED
    $1,222+
    2 BEDS
    $1,454+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,162 - $1,478
    Required Monthly Fees$60
    Utilities & EssentialsVaries
    Total Monthly Price$1,222 - $1,538

    Highland Park

    5038 S Hardy Dr, Tempe, AZ 85282
    (623) 263-0254
  23. Good Value
    1 BED
    $1,305+
    2 BEDS
    $1,565+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,184 - $1,579
    Required Monthly Fees$121
    Total Monthly Price$1,305 - $1,700

    Strada

    701 W Grove Pky, Tempe, AZ 85283
    (623) 323-3775
  26. 2 Months Free
    2 Months Free
    |
    1 BED
    $1,429
    Total Monthly Price Total Monthly Price New
    Base Rent$1,249 - $1,761
    Required Monthly Fees$180 - $182
    Utilities & EssentialsVaries
    Total Monthly Price$1,429 - $1,516

    Finisterra On Grove

    1250 W Grove Pky, Tempe, AZ 85283
    (623) 233-0157
  27. $276 Off
    Price Drop. $276 Off
    |
    STUDIO
    $838+
    1 BED
    $1,024+
    2 BEDS
    $1,163+

    Sentry Tempe

    3730 S Mill Ave, Tempe, AZ 85282
    (623) 745-2476
  28. $250 Off
    Price Drop. $250 Off
    |
    1 BED
    $1,414
    Total Monthly Price Total Monthly Price New
    Base Rent$1,305 - $3,520
    Required Monthly Fees$109
    Utilities & EssentialsVaries
    Total Monthly Price$1,414 - $1,443

    San Portella

    2155 S 55th St, Tempe, AZ 85282
    (844) 977-2417
  30. $157 Off
    Price Drop. $157 Off
    |
    1 BED
    $1,185+
    2 BEDS
    $1,238+

    Agave

    1718 S Jentilly Ln, Tempe, AZ 85281
    (866) 890-9216
  32. 1 Month Free
    1 Month Free
    2 BEDS
    $1,325
    Total Monthly Price Total Monthly Price New
    Base Rent$1,295 - $1,597
    Required Monthly Fees$30
    Utilities & EssentialsVaries
    Total Monthly Price$1,325 - $1,535

    Allure at Tempe Apartments

    1155 W Grove Pky, Tempe, AZ 85283
    (623) 400-8859
  33. $145 Off
    Price Drop. $145 Off
    |
    1 BED
    $1,176
    Total Monthly Price Total Monthly Price New
    Base Rent$1,111 - $1,198
    Required Monthly Fees$65
    Utilities & EssentialsVaries
    Total Monthly Price$1,176 - $1,263

    Galleria Palms

    1600 W La Jolla Dr, Tempe, AZ 85282
    (602) 755-6819
  36. $160 Off
    Price Drop. $160 Off
    |
    1 BED
    $1,190+
    2 BEDS
    $1,380+

    505 West

    505 W Baseline Rd, Tempe, AZ 85283
    (623) 404-6892
Showing 42 of 317 results, Page 1 of 8

Tempe at a Glance

Average Rent

$1,484
(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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