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Cheap Apartments for Rent in Downtown Tempe

2,078 Rentals
.
  11. Building Photo - Union Tempe
    Good Value
    STUDIO
    $1,250+
    1 BED
    $1,450+
    2 BEDS
    $2,300+
    3 BEDS
    $1,004+

    Union Tempe

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

    Suite 16

    1402 S Terrace Rd, Tempe, AZ 85281
  25. Building Photo - The Atrium
    1 BED
    $995

    The Atrium

    1835 E Don Carlos Ave, Tempe, AZ 85281
  29. Building Photo - George Ann
    Rent Special
    Rent Special
    1 BED
    $999+
    2 BEDS
    $1,295+

    George Ann

    1122 E Lemon St, Tempe, AZ 85281
  31. Open Kitchen Studio - Riviera Palms
    Rent Special
    Rent Special
    1 BED
    $1,099+
    2 BEDS
    $1,495+

    Riviera Palms

    914 E Lemon St, Tempe, AZ 85281
  32. Building Photo - Nine20 Tempe
    Rent Special
    Rent Special
    2 BEDS
    $1,270+
    4 BEDS
    $999+

    Nine20 Tempe

    920 S Terrace Rd, Tempe, AZ 85281
  41. Building Photo - University Park
    Discounts
    Discounts
    STUDIO
    $1,050+
    1 BED
    $1,150+
    2 BEDS
    $1,450+

    University Park

    1015 E University Dr, Tempe, AZ 85281
  42. Building Photo - Agave
    Rent Special
    Rent Special
    STUDIO
    $1,256+
    1 BED
    $1,095+
    2 BEDS
    $1,315+
    3 BEDS
    $1,680+

    Agave

    1718 S Jentilly Ln, Tempe, AZ 85281
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Showing 42 of 290 results, Page 1 of 7

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 290 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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