What's the average rent in Tempe, AZ?

Rental Market Trends in Tempe, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Tempe, AZ is $2,162 per month, which is 10% higher than the national average rent of $1,962 per month.

AVERAGE RENT

$2,162

-4.1%-$93 decrease month-over-month

2.0%$42 increase year-over-year

AVAILABLE RENTALS

1,058

APARTMENTS

$1,424

HOUSES

$2,800

TOWNHOUSES

$2,200

As of August 2026, apartments are the most affordable rental option in Tempe, AZ at $1,424 per month, while houses are the most expensive at $2,800 per month. Townhomes average $2,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,299
2 Bedrooms	$1,650
3 Bedrooms	$2,417
4 Bedrooms	$2,900
All	$2,162

As of August 2026, the average rent for a 1 bedroom rental in Tempe, AZ is $1,299 per month, followed by $1,650 for a 2 bedroom rental, $2,417 for a 3 bedroom rental, and $2,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,295
2 Bedrooms	$1,945
3 Bedrooms	$2,395
4 Bedrooms	$2,599
All	$2,200

As of August 2026, the average rent for a 1 bedroom townhome in Tempe, AZ is $1,295 per month, followed by $1,945 for a 2 bedroom townhome, $2,395 for a 3 bedroom townhome, and $2,599 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,199
2 Bedrooms	$1,639
3 Bedrooms	$2,195
4 Bedrooms	$2,627
All	$1,500

As of August 2026, the average rent for a 1 bedroom apartment in Tempe, AZ is $1,199 per month, followed by $1,639 for a 2 bedroom apartment, $2,195 for a 3 bedroom apartment, and $2,627 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$2,000
3 Bedrooms	$2,500
4 Bedrooms	$2,950
All	$2,800

As of August 2026, the average rent for a 1 bedroom house in Tempe, AZ is $900 per month, followed by $2,000 for a 2 bedroom house, $2,500 for a 3 bedroom house, and $2,950 for a 4 bedroom house.