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  2. Building Photo - Smith & Rio
    Rent Special
    Rent Special
    |
    STUDIO
    $1,754
    Total Monthly Price Total Monthly Price New
    Base Rent$1,734 - $4,206
    Required Monthly Fees$20
    Utilities & EssentialsVaries
    Total Monthly Price$1,754 - $1,889

    Smith & Rio

    1979 E Rio Salado Pkwy, Tempe, AZ 85288
    (623) 526-1496
  3. Rent Special
    Rent Special
    |
    STUDIO
    $1,650
    Total Monthly Price Total Monthly Price New
    Base Rent$1,613 - $3,660
    Required Monthly Fees$37
    Utilities & EssentialsVaries
    Total Monthly Price$1,650 - $1,875

    The Alyssa

    98 South River Dr, Tempe, AZ 85288
    (623) 888-8572
  4. Good Value
    |
    STUDIO
    $1,588
    Total Monthly Price Total Monthly Price New
    Base Rent$1,527 - $1,824
    Required Monthly Fees$61
    Utilities & EssentialsVaries
    Total Monthly Price$1,588 - $1,885

    Vero

    651 E 6th St, Tempe, AZ 85281
    (877) 960-3240
  15. 2 Months Free
    2 Months Free
    |
    STUDIO
    $1,713
    Total Monthly Price Total Monthly Price New
    Base Rent$1,654 - $2,059
    Required Monthly Fees$59
    Utilities & EssentialsVaries
    Total Monthly Price$1,713

    The Cameron

    2062 E Cameron Way, Tempe, AZ 85281
    (877) 566-6126
  16. Rent Special
    Rent Special
    |
    STUDIO
    $1,788
    Total Monthly Price Total Monthly Price New
    Base Rent$1,724 - $1,961
    Required Monthly Fees$64
    Utilities & EssentialsVaries
    Total Monthly Price$1,788 - $1,798

    Aura Watermark

    420 N Scottsdale Rd, Tempe, AZ 85281
    (833) 693-4005
  23. $162 Off
    Price Drop. $162 Off
    |
    STUDIO
    $992
    Total Monthly Price Total Monthly Price New
    Base Rent$969 - $1,275
    Required Monthly Fees$23
    Utilities & EssentialsVaries
    Total Monthly Price$992 - $1,298

    Scottsdale Gateway

    2100 N Scottsdale Rd, Tempe, AZ 85288
    (623) 401-0441
Showing 42 of 120 results, Page 1 of 3

Tempe at a Glance

Average Rent

$1,492
(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.

Apartments for Rent Near Tempe

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Tempe Apartments for Rent in Your Budget

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