What's the average rent in Tempe, AZ?

Rental Market Trends in Tempe, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Tempe, AZ is $2,276 per month, which is 17% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,276

0.9%$21 increase month-over-month

3.5%$76 increase year-over-year

AVAILABLE RENTALS

997

APARTMENTS

$1,541

HOUSES

$2,995

TOWNHOUSES

$2,300

As of July 2026, apartments are the most affordable rental option in Tempe, AZ at $1,541 per month, while houses are the most expensive at $2,995 per month. Townhomes average $2,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,300
2 Bedrooms	$1,691
3 Bedrooms	$2,580
4 Bedrooms	$2,995
All	$2,276

As of July 2026, the average rent for a 1 bedroom rental in Tempe, AZ is $1,300 per month, followed by $1,691 for a 2 bedroom rental, $2,580 for a 3 bedroom rental, and $2,995 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,275
2 Bedrooms	$1,900
3 Bedrooms	$2,400
4 Bedrooms	$2,740
All	$2,300

As of July 2026, the average rent for a 1 bedroom townhome in Tempe, AZ is $1,275 per month, followed by $1,900 for a 2 bedroom townhome, $2,400 for a 3 bedroom townhome, and $2,740 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,250
2 Bedrooms	$1,690
3 Bedrooms	$2,195
4 Bedrooms	$2,995
All	$1,600

As of July 2026, the average rent for a 1 bedroom apartment in Tempe, AZ is $1,250 per month, followed by $1,690 for a 2 bedroom apartment, $2,195 for a 3 bedroom apartment, and $2,995 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$2,000
3 Bedrooms	$2,785
4 Bedrooms	$3,000
All	$2,995

As of July 2026, the average rent for a 1 bedroom house in Tempe, AZ is $1,200 per month, followed by $2,000 for a 2 bedroom house, $2,785 for a 3 bedroom house, and $3,000 for a 4 bedroom house.