Luxury Apartments for Rent in Tempe, AZ
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Price Drop. $390 Off|Total Monthly Price Total Monthly Price NewSTUDIO$1,647+1 BED$1,878+2 BEDS$2,446+Base Rent$1,627 - $5,247Required Monthly Fees$20Utilities & EssentialsVariesTotal Monthly Price$1,647 - $2,812
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Price Drop. $292 Off|Total Monthly Price Total Monthly Price NewSTUDIO$1,638+1 BED$1,793+2 BEDS$3,198+3 BEDS$4,428+Base Rent$1,601 - $9,896Required Monthly Fees$37Utilities & EssentialsVariesTotal Monthly Price$1,638 - $4,463
The Alyssa
98 South River Dr, Tempe, AZ 85288 -
Rent Special|
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Price Drop. $170 Off|STUDIO$1,214+1 BED$1,625+2 BEDS$1,892+
The Retreat at Rio Salado
2325 E Rio Salado Pky, Tempe, AZ 85288 -
Good Value|1 BED$1,700+2 BEDS$1,720+
Apache Rock Apartments
1935 E Apache Blvd, Tempe, AZ 85281 -
Price Drop. $475 Off1 BED$1,900+2 BEDS$2,825+3 BEDS$4,100+
Shorehaven
1306 Vista Del Lago Dr, Tempe, AZ 85281 -
1 Month Free|Total Monthly Price Total Monthly Price New1 BED$1,703Base Rent$1,603 - $4,079Required Monthly Fees$100Utilities & EssentialsVariesTotal Monthly Price$1,703 - $1,883
CityScape at Lakeshore
4630 S Lakeshore Dr, Tempe, AZ 85282 -
Price Drop. $423 Off|STUDIO$1,402+1 BED$1,618+2 BEDS$2,373+3 BEDS$3,329+
West 6th
115 W 6th St, Tempe, AZ 85281 -
2 Months Free|Total Monthly Price Total Monthly Price New1 BED$1,644Base Rent$1,535 - $4,065Required Monthly Fees$109Utilities & EssentialsVariesTotal Monthly Price$1,644 - $1,964
San Portella
2155 S 55th St, Tempe, AZ 85282 -
1 Month Free|
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Price Drop. $771 Off|1 BED$1,623+2 BEDS$1,729+3 BEDS$2,107+
Volta on Broadway
1221 E Broadway Rd, Tempe, AZ 85282 -
Rent Special|Total Monthly Price Total Monthly Price New2 BEDS$2,197Base Rent$2,133 - $3,555Required Monthly Fees$64Utilities & EssentialsVariesTotal Monthly Price$2,197 - $2,623
Aura Watermark
420 N Scottsdale Rd, Tempe, AZ 85281 -
Price Drop. $200 Off|
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Good Value|1 BED$1,586+2 BEDS$2,075+
Norte Town Lake Apartments
909 E Playa del Norte Dr, Tempe, AZ 85288 -
1 Month FreeSTUDIO$1,513+1 BED$1,642+2 BEDS$2,345+3 BEDS$3,106+
Lucent Scottsdale
2001 N Scottsdale Rd, Scottsdale, AZ 85257 -
Price Drop. $228 OffSTUDIO$1,690+1 BED$1,792+2 BEDS$2,502+3 BEDS$3,362+
Scottsdale Entrada Apartments
6460 E McDowell Rd, Scottsdale, AZ 85257 -
Rent Special|
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Rent Special|
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Price Drop. $203 Off1 BED$1,124+3 BEDS$1,933+
Ascent at Papago Park
4950 E Van Buren St, Phoenix, AZ 85008 -
Rent Special|STUDIO$1,050+1 BED$1,317+2 BEDS$1,499+
Grayson on the Rail
5300 E Washington St, Phoenix, AZ 85034 -
Price Drop. $243 OffSTUDIO$1,426+1 BED$1,526+2 BEDS$2,011+
Vela at Tempe Town Lake
555 N College Ave, Tempe, AZ 85281 -
Price Drop. $395 OffSTUDIO$1,475+1 BED$1,654+2 BEDS$1,895+3 BEDS$2,620+
Skywater at Tempe Town Lake
601 W Rio Salado Pky, Tempe, AZ 85281 -
Exceptional Value
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Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$1,253+2 BEDS$1,573+Base Rent$1,180 - $6,637Required Monthly Fees$73Utilities & EssentialsVariesTotal Monthly Price$1,253 - $6,710
Avana River Ranch
6152 W Oakland St, Chandler, AZ 85226 -
Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$1,113+2 BEDS$1,275+Base Rent$1,096 - $6,490Required Monthly Fees$17Utilities & EssentialsVariesTotal Monthly Price$1,113 - $6,507
Avana Tempe
30 W Carter Dr, Tempe, AZ 85282 -
Rent SpecialSTUDIO$1,549+1 BED$1,814+2 BEDS$2,199+
SALT
260 E Rio Salado Pky, Tempe, AZ 85281 -
Rent Special1 BED$1,489+2 BEDS$1,639+3 BEDS$2,159+
San Marino
600 W Grove Pky, Tempe, AZ 85283 -
Price Drop. $243 OffTotal Monthly Price Total Monthly Price New1 BED$964+2 BEDS$1,182+3 BEDS$1,643+Base Rent$930 - $17,205Required Monthly Fees$34Utilities & EssentialsVariesTotal Monthly Price$964 - $17,239
Avana Cordoba
4520 E Baseline Rd, Phoenix, AZ 85042 -
Good Value
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Price Drop. $213 OffTotal Monthly Price Total Monthly Price New1 BED$1,561+2 BEDS$1,589+3 BEDS$2,002+Base Rent$1,493 - $22,980Required Monthly Fees$68Utilities & EssentialsVariesTotal Monthly Price$1,561 - $23,048
Avana Coronado
700 N Coronado St, Chandler, AZ 85224 -
Rent Special
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2 Months Free1 BED$1,499+2 BEDS$2,160+3 BEDS$2,939+Blue Eastline
2058 E Apache Blvd, Tempe, AZ 85281 -
Price Drop. $163 Off1 BED$1,258+2 BEDS$1,134+3 BEDS$2,053+The Place at El Prado
1050 S Longmore, Mesa, AZ 85202 -
Good Value
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1 Month FreeSTUDIO$1,646+1 BED$1,722+2 BEDS$2,341+3 BEDS$3,208+
Formation
2040-2060 N Scottsdale Rd, Scottsdale, AZ 85257 -
Price Drop. $789 OffSTUDIO$1,699+1 BED$1,717+2 BEDS$2,364+
Roadrunner on McDowell
6601 E McDowell Rd, Scottsdale, AZ 85257 -
1 Month Free2 BEDS$2,450Roosevelt Luxury Townhomes
233 S Roosevelt St, Tempe, AZ 85281 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$3,892Base Rent$3,892Required Monthly FeesNoneTotal Monthly Price$3,8928637 S Newberry Ln Unit SI ID1385740P
8637 S Newberry Ln, Tempe, AZ 85284 -
1 BED, 1 BATH$2,8001811 E Apache Blvd Unit 4065
1811 E Apache Blvd, Tempe, AZ 85281
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 510 Sq Ft $1,339 / mo
- 1 Bedroom 693 Sq Ft $1,476 / mo
- 2 Bedrooms 992 Sq Ft $1,719 / mo
- 3 Bedrooms 1,323 Sq Ft $2,374 / mo
- 4 Bedrooms 2,111 Sq Ft $4,125 / mo
Top Budget-Friendly Neighborhoods in Tempe
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Guadalupe 709 Sq Ft $1,308/mo
- Alameda 672 Sq Ft $1,479/mo
- South Tempe 762 Sq Ft $1,501/mo
- Apache 686 Sq Ft $1,617/mo
- The Lakes 716 Sq Ft $1,640/mo
- West Tempe 670 Sq Ft $1,649/mo
- Downtown Tempe 707 Sq Ft $1,721/mo
- North Tempe 749 Sq Ft $1,867/mo
Education
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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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.