Most Affordable Neighborhoods in Tempe, AZ
Some of the cheapest neighborhoods in Tempe are Lindon Park, Wilson Art and Garden, and Oaks. These neighborhoods offer some of the lowest rent prices in Tempe, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Tempe is $1,477, which is 3.9% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Lindon Park
Average Rent
$1,104/Month
TransitScore® Rating
45/100
Units Available
10 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Lindon Park. The average rent is $1,104, compared to the city average of $1,477. Lindon Park is convenient to Papago Park, Mill Ave/3Rd St, and ASU Center for Meteorite Studies. The community is walkable with a WalkScore® of 71.
Wilson Art and Garden
Average Rent
$1,214/Month
TransitScore® Rating
64/100
Units Available
11 Rentals
Wilson Art and Garden is an affordable neighborhood in Tempe with an average rent price of $1,214. Compare this to the city average of $1,477. Wilson Art and Garden provides easy access to Fifth St/Ash, ASU Center for Meteorite Studies, and University Park Shopping Center. It’s a walkable neighborhood with a WalkScore® of 82.
Oaks
Average Rent
$1,217/Month
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, Oaks might be the perfect place! It has an average rent price of $1,217, while the city’s average stands at $1,477. Oaks is near ASU Center for Meteorite Studies, Sycamore/Main St, and Arizona Museum of Natural History.
Parkside Manor
Average Rent
$1,230/Month
TransitScore® Rating
46/100
Units Available
11 Rentals
Parkside Manor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Parkside Manor is $1,230 while the city average is $1,477. Residents enjoy convenient access to Tempe Plaza, Arizona State University, and Ninth St/Mill. The neighborhood is considered somewhat walkable with a WalkScore® of 66.
University Shadows
Average Rent
$1,250/Month
TransitScore® Rating
48/100
Units Available
14 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out University Shadows. The average rent is $1,250, compared to the city average of $1,477. University Shadows is convenient to Smith-Martin/Apache Blvd, Phoenix-Mesa Gateway, and Desert Arboretum Park. The community is somewhat walkable with a WalkScore® of 53.
Broadmor
Average Rent
$1,282/Month
TransitScore® Rating
53/100
Units Available
17 Rentals
Broadmor is an affordable neighborhood in Tempe with an average rent price of $1,282. Compare this to the city average of $1,477. Broadmor provides easy access to Dorsey Ln/Apache Blvd, Phoenix-Mesa Gateway, and College Ave/Apache. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
Broadmor Manor
Average Rent
$1,307/Month
TransitScore® Rating
48/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, Broadmor Manor might be the perfect place! It has an average rent price of $1,307, while the city’s average stands at $1,477. Broadmor Manor is near Arizona State University, Phoenix Zoo, and Desert Arboretum Park.
University Estates
Average Rent
$1,334/Month
TransitScore® Rating
56/100
Units Available
11 Rentals
University Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in University Estates is $1,334 while the city average is $1,477. Residents enjoy convenient access to Arizona State University, Rural/Apache, and College Ave/Apache. The neighborhood is considered somewhat walkable with a WalkScore® of 61.
Guadalupe
Average Rent
$1,348/Month
Year-Over-Year Rent Change
11.9%
TransitScore® Rating
17/100
Units Available
120 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Guadalupe. The average rent is $1,348, compared to the city average of $1,477. Rent prices have decreased by 11.9%. Guadalupe is convenient to Arizona State Univ., Tempe, South Mountain Park, and Phoenix-Mesa Gateway. The community is somewhat walkable with a WalkScore® of 69.
Kiwanis Park
Average Rent
$1,354/Month
TransitScore® Rating
37/100
Units Available
20 Rentals
Kiwanis Park is an affordable neighborhood in Tempe with an average rent price of $1,354. Compare this to the city average of $1,477. Kiwanis Park provides easy access to Mesa C.C., Southern and Dobson, Arizona State University, and ASU Center for Meteorite Studies. It’s a somewhat walkable neighborhood with a WalkScore® of 53.
Ready to make your move to Tempe? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.