Best Affordable Neighborhoods in Tempe, AZ
Some of the cheapest neighborhoods in Tempe are Westgate, Oaks, and Parkside Manor. These neighborhoods offer some of the lowest rent prices in Tempe, making them ideal for renters on a budget. As of January 28, 2026, the average rent in Tempe is $1,463, which is 2.2% 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.
Westgate
Average Rent
$1,134/Month
TransitScore® Rating
48/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, Westgate might be the perfect place! It has an average rent price of $1,134, while the city’s average stands at $1,463. Westgate is near South Mountain Comm. Coll., ASU Center for Meteorite Studies, and Arizona State Univ., Tempe.
Oaks
Average Rent
$1,134/Month
Units Available
13 Rentals
Oaks is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oaks is $1,134 while the city average is $1,463. Residents enjoy convenient access to Mcclintock Dr/Apache Blvd, Mesa C.C., Southern and Dobson, and Price-101 Fwy/Apache Blvd.
Parkside Manor
Average Rent
$1,176/Month
TransitScore® Rating
46/100
Units Available
10 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Parkside Manor. The average rent is $1,176, compared to the city average of $1,463. Parkside Manor is convenient to Phoenix Sky Harbor International, Desert Botanical Garden, and Eleventh St/Mill. The community is somewhat walkable with a WalkScore® of 66.
Bar Ranchos
Average Rent
$1,193/Month
TransitScore® Rating
50/100
Units Available
15 Rentals
Bar Ranchos is an affordable neighborhood in Tempe with an average rent price of $1,193. Compare this to the city average of $1,463. Bar Ranchos provides easy access to ASU Center for Meteorite Studies, Fifth St/Ash, and Phoenix Sky Harbor International. It’s a walkable neighborhood with a WalkScore® of 74.
Tempe Gardens
Average Rent
$1,227/Month
TransitScore® Rating
48/100
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, Tempe Gardens might be the perfect place! It has an average rent price of $1,227, while the city’s average stands at $1,463. Tempe Gardens is near Arizona State Univ., Tempe, Valley Fair, and Rural/Apache.
Guadalupe
Average Rent
$1,355/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
17/100
Units Available
118 Rentals
Guadalupe is a top choice for budget-conscious renters for a variety of reasons. The average rent in Guadalupe is $1,355 while the city average is $1,463. This is a 1.9% difference from last year. Residents enjoy convenient access to Desert Arboretum Park, South Mountain Park, and Arizona State Univ., Tempe. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Palmcroft Manor
Average Rent
$1,388/Month
TransitScore® Rating
52/100
Units Available
32 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Palmcroft Manor. The average rent is $1,388, compared to the city average of $1,463. Palmcroft Manor is convenient to Mcclintock Dr/Apache Blvd, Mesa C.C., Southern and Dobson, and Rural/Apache. The community is somewhat walkable with a WalkScore® of 62.
Alegre
Average Rent
$1,399/Month
TransitScore® Rating
58/100
Units Available
123 Rentals
Alegre is an affordable neighborhood in Tempe with an average rent price of $1,399. Compare this to the city average of $1,463. Alegre provides easy access to Papago Park, Alverno College, and Arizona State Univ., Tempe. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
Casa Fiesta
Average Rent
$1,400/Month
Units Available
37 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, Casa Fiesta might be the perfect place! It has an average rent price of $1,400, while the city’s average stands at $1,463. Casa Fiesta is near Phoenix Zoo, Pepperwood Plaza, and Pepperwood Pointe.
Alameda
Average Rent
$1,402/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
50/100
Units Available
511 Rentals
Alameda is a top choice for budget-conscious renters for a variety of reasons. The average rent in Alameda is $1,402 while the city average is $1,463. This is a -2.7% difference from last year. Residents enjoy convenient access to Alverno College, Arizona State Univ., Tempe, and Smith-Martin/Apache Blvd. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
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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.