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Rooms for Rent in Tempe, AZ
4 Rentals
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3 BEDS, 3 BATHS$3,895687 N May St
687 N May St, Chandler, AZ 85226 -
5 BEDS, 2 BATHS$8002080 E Greenway Dr
2080 E Greenway Dr, Tempe, AZ 85282 -
1 BED, 1 BATH$1,0501849 E Manhatton Dr
1849 E Manhatton 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 515 Sq Ft $1,343 / mo
- 1 Bedroom 692 Sq Ft $1,464 / mo
- 2 Bedrooms 1,000 Sq Ft $1,741 / mo
- 3 Bedrooms 1,370 Sq Ft $2,544 / mo
- 4 Bedrooms 2,111 Sq Ft $4,462 / mo
Top Budget-Friendly Neighborhoods in Tempe
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Margo Manor 658 Sq Ft $1,145/mo
- Westgate 643 Sq Ft $1,149/mo
- Oaks 553 Sq Ft $1,157/mo
- Parkside Manor 660 Sq Ft $1,176/mo
- Tempe Gardens 661 Sq Ft $1,206/mo
- Bar Ranchos 625 Sq Ft $1,226/mo
- University Shadows 605 Sq Ft $1,258/mo
- Guadalupe 742 Sq Ft $1,322/mo
- Casa Fiesta 757 Sq Ft $1,370/mo
- Escalante 656 Sq Ft $1,396/mo
Discover the cheapest neighborhoods in Tempe
Average Rent in Nearby Cities
(For 1 bedroom apartments)- Cities Average Rent
- Tempe $1,567/mo
- Chandler $1,663/mo
- Paradise Valley $2,118/mo
- Mesa $1,377/mo
- Gilbert $1,654/mo
- Scottsdale $1,997/mo
- Tolleson $1,452/mo
- Fountain Hills $1,997/mo
- Phoenix $1,617/mo
- Apache Junction $1,616/mo
- Avondale $1,455/mo
- Maricopa $1,496/mo
- Queen Creek $1,790/mo
- Cave Creek $1,679/mo
Getting Around Tempe
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Tempe
Specialty Housing
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Tempe Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Tempe, AZ
- Tempe Apartments Under $600
- Tempe Apartments Under $700
- Tempe Apartments Under $800
- Tempe Apartments Under $900
- Tempe Apartments Under $1,000
- Tempe Apartments Under $1,100
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- 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
Frequently asked questions about renting in Tempe, AZ
What are the average rent costs in Tempe, AZ?
The average rent in Tempe, AZ is $1,464.
What are the average rent costs of a studio apartment in Tempe, AZ?
The average rent for a studio apartment in Tempe, AZ is $1,343.
What are the average rent costs of a one bedroom apartment in Tempe, AZ?
The average rent for a 1 bedroom apartment in Tempe, AZ is $1,464.
What are the average rent costs of a two bedroom apartment in Tempe, AZ?
The average rent for a 2 bedroom apartment in Tempe, AZ is $1,741.
What are the average rent costs of a three bedroom apartment in Tempe, AZ?
The average rent for a 3 bedroom apartment in Tempe, AZ is $2,544.
What are the average rent costs of a four bedroom apartment in Tempe, AZ?
The average rent for a 4 bedroom apartment in Tempe, AZ is $4,462.
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Note: Based on community-supplied data and independent market research. Subject to change without notice.