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Cheap Apartments for Rent in Downtown Tempe

1,855 Rentals
.
  8. Building Photo - Park Place Tempe
    STUDIO
    $1,399+
    1 BED
    $1,599+
    2 BEDS
    $1,139+
    3 BEDS
    $1,069+

    Park Place Tempe

    1135 E Apache Blvd, Tempe, AZ 85281
  13. Building Photo - Union Tempe
    2 BEDS
    $2,300+
    3 BEDS
    $1,004+
    4 BEDS
    $899+
    5 BEDS
    $999+

    Union Tempe

    712 S Forest Ave, Tempe, AZ 85281
  14. Open Living Space - Suite 16
    STUDIO
    $899

    Suite 16

    1402 S Terrace Rd, Tempe, AZ 85281
  28. Canvas Tempe Apartments - Canvas
    STUDIO
    $1,690+
    1 BED
    $1,815+
    2 BEDS
    $1,285+
    3 BEDS
    $1,300+

    Canvas

    1010 E Orange St, Tempe, AZ 85281
    Call
  35. Building Photo - Nine20 Tempe
    1 BED
    $1,850+
    4 BEDS
    $1,030+

    Nine20 Tempe

    920 S Terrace Rd, Tempe, AZ 85281
  41. Building Photo - The Atrium
    Call for Rent

    The Atrium

    1835 E Don Carlos Ave, Tempe, AZ 85281
Showing 42 of 346 results, Page 1 of 9

Tempe at a Glance

Average Rent

N/A
(All bedrooms and property types)
0

School Rating

out of 10 Rating
Learn more about
Schools in Tempe
63

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Tempe
95

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Tempe

Downtown Tempe Neighborhood in Tempe, AZ

When looking for cheap apartments in Downtown Tempe, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Tempe.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 346 cheap apartments available in Downtown Tempe, Apartment Finder is the place to find your next rental.

Top Budget-Friendly Neighborhoods in Tempe

(For 1 bedroom apartments)

Getting Around Tempe

Transportation

76

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
95

Biker’s Paradise

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
63

Good Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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