Apartments under $1,500 in Downtown Tempe
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1 Month Free|1 BED$1,245+2 BEDS$1,440+
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Price Drop. $254 Off|
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Exceptional Value|
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Rent Special|
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Good Value|Total Monthly Price Total Monthly Price NewSTUDIO$1,738Base Rent$1,452 - $1,587Required Monthly Fees$286 - $436Utilities & EssentialsVariesTotal Monthly Price$1,738 - $2,023
Vero
651 E 6th St, Tempe, AZ 85281 -
Price Drop. $165 Off|
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Rent Special|
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Price Drop. $195 Off|Total Monthly Price Total Monthly Price New1 BED$1,244+2 BEDS$1,159+Base Rent$1,114 - $1,375Required Monthly Fees$45 - $49Utilities & EssentialsVariesTotal Monthly Price$1,159 - $1,424
Westmount at Downtown Tempe
615 S Hardy Dr, Tempe, AZ 85281 -
Rent SpecialSTUDIO$1,126+1 BED$1,270+2 BEDS$1,288+
Riverside Apartments
625 W 1st St, Tempe, AZ 85281 -
Price Drop. $204 Off|
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Exceptional Value|STUDIO$999+1 BED$1,099+2 BEDS$1,399+
University Pointe Apartments
919 E Lemon St, Tempe, AZ 85281 -
Good Value|
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Exceptional Value|STUDIO$1,415+1 BED$1,396+
Norte Town Lake Apartments
909 E Playa del Norte Dr, Tempe, AZ 85288 -
2 Months Free|Total Monthly Price Total Monthly Price NewSTUDIO$1,522Base Rent$1,458 - $2,235Required Monthly Fees$64Utilities & EssentialsVariesTotal Monthly Price$1,522 - $2,299
Aura Watermark
420 N Scottsdale Rd, Tempe, AZ 85281 -
Price Drop. $170 Off|
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1 Month Free|STUDIO$1,083+1 BED$1,151+2 BEDS$1,248+
Onnix Apartments
1500 E Broadway Rd, Tempe, AZ 85282 -
1 Month Free|
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Price Drop. $388 Off
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2 BEDS$1,319+3 BEDS$1,385+4 BEDS$999+
The Apollo
1100 E Apache Blvd, Tempe, AZ 85281 -
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Total Monthly Price Total Monthly Price New1 BED$1,345+2 BEDS$975+3 BEDS$775+4 BEDS$715+Base Rent$715 - $1,425Required Monthly FeesNoneTotal Monthly Price$715 - $1,425
Gateway at Tempe
1655 E University Dr, Tempe, AZ 85288 -
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Total Monthly Price Total Monthly Price New1 BED$1,234+2 BEDS$1,334+Base Rent$1,199 - $1,299Required Monthly Fees$35Total Monthly Price$1,234 - $1,334
West 5th
601 W 5th St, Tempe, AZ 85281 -
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STUDIO$1,021+1 BED$1,048+2 BEDS$1,286+Parq on 5th
805 W Brown St, Tempe, AZ 85281 -
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STUDIO$999+1 BED$979+2 BEDS$1,109+
Solaris On University
1314 W University Dr, Tempe, AZ 85281
Tempe at a Glance
Downtown Tempe Neighborhood in Tempe, AZ
Get the most for your money when you find 153 apartments under $1,500 in Downtown Tempe. Finding the perfect rental shouldn't be a challenge. Whether you're a student, new renter, or simply looking to save extra cash, Apartment Finder has a wide variety of rentals that suit your needs and your wallet. View listings with different floorplans, amenities, and unique features, all priced under $1,500. The perfect rental within your budget is just a click away. Start searching now!
Top Budget-Friendly Neighborhoods in Tempe
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Parkside Manor 658 Sq Ft $1,140/mo
- Broadmor 628 Sq Ft $1,142/mo
- Lindon Park 665 Sq Ft $1,164/mo
- Bar Ranchos 627 Sq Ft $1,209/mo
- Tempe Gardens 662 Sq Ft $1,219/mo
- Oaks 569 Sq Ft $1,228/mo
- University Shadows 605 Sq Ft $1,293/mo
- Guadalupe 727 Sq Ft $1,326/mo
- 12Fifty5 on University 732 Sq Ft $1,371/mo
- Pepperwood Townhomes 720 Sq Ft $1,399/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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About Our Deals
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.