Most Affordable Neighborhoods in Tempe, AZ
Some of the cheapest neighborhoods in Tempe are Westgate, Parkside Manor, and Bar Ranchos. These neighborhoods offer some of the lowest rent prices in Tempe, making them ideal for renters on a budget. As of October 28, 2025, the average rent in Tempe is $1,464, which is 1.8% 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
$1,069/Month
TransitScore® Rating
48/100
Units Available
10 Rentals
Westgate is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westgate is $1,069 while the city average is $1,464. Residents enjoy convenient access to University Park Shopping Center, Third St/Ash, and Eleventh St/Mill. The neighborhood is considered walkable with a WalkScore® of 82.
Parkside Manor
Average Rent
$1,183/Month
TransitScore® Rating
46/100
Units Available
12 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Parkside Manor. The average rent is $1,183, compared to the city average of $1,464. Parkside Manor is convenient to Phoenix-Mesa Gateway, Ninth St/Mill, and Arizona State Univ., Tempe. The community is somewhat walkable with a WalkScore® of 66.
Bar Ranchos
Average Rent
$1,194/Month
TransitScore® Rating
50/100
Units Available
12 Rentals
Bar Ranchos is an affordable neighborhood in Tempe with an average rent price of $1,194. Compare this to the city average of $1,464. Bar Ranchos provides easy access to Mill Ave/3Rd St, Fifth St/Ash, and Arizona State University. It’s a walkable neighborhood with a WalkScore® of 74.
Papago Manor
Average Rent
$1,215/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, Papago Manor might be the perfect place! It has an average rent price of $1,215, while the city’s average stands at $1,464. Papago Manor is near Phoenix-Mesa Gateway, Cavalier Plaza, and Arizona State University.
Cavalier Hills
Average Rent
$1,262/Month
TransitScore® Rating
38/100
Units Available
15 Rentals
Cavalier Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cavalier Hills is $1,262 while the city average is $1,464. Residents enjoy convenient access to Gateway Community College, Scottsdale Community College, and Desert Botanical Garden. The neighborhood is considered walkable with a WalkScore® of 81.
Tempe Gardens
Average Rent
$1,263/Month
TransitScore® Rating
48/100
Units Available
27 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Tempe Gardens. The average rent is $1,263, compared to the city average of $1,464. Tempe Gardens is convenient to Phoenix-Mesa Gateway, Dorsey Ln/Apache Blvd, and Papago Park. The community is somewhat walkable with a WalkScore® of 59.
Guadalupe
Average Rent
$1,289/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
17/100
Units Available
114 Rentals
Guadalupe is an affordable neighborhood in Tempe with an average rent price of $1,289. Compare this to the city average of $1,464. In the past year, rent prices have decreased by 2.3%. Guadalupe provides easy access to Ninth St/Mill, Eleventh St/Mill, and Phoenix-Mesa Gateway. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
University Shadows
Average Rent
$1,314/Month
TransitScore® Rating
48/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Tempe, University Shadows might be the perfect place! It has an average rent price of $1,314, while the city’s average stands at $1,464. University Shadows is near Sycamore/Main Street, Arizona State Univ., Tempe, and Papago Park.
Oaks
Average Rent
$1,376/Month
Units Available
17 Rentals
Oaks is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oaks is $1,376 while the city average is $1,464. Residents enjoy convenient access to Price-101 Fwy/Apache Blvd, i.d.e.a. Museum, and Alverno College.
Hollis Park
Average Rent
$1,386/Month
TransitScore® Rating
49/100
Units Available
13 Rentals
When you’re looking for a great Tempe neighborhood on a budget, check out Hollis Park. The average rent is $1,386, compared to the city average of $1,464. Hollis Park is convenient to College Ave/Apache, Phoenix Zoo, and Dorsey Ln/Apache Blvd. The community is walkable with a WalkScore® of 73.
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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.