What's the average rent in Tempe, AZ?

Rental Market Trends in Tempe, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Tempe, AZ is $1,995 per month, which is 2% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$1,995

-4.1%-$85 decrease month-over-month

-0.3%-$5 decrease year-over-year

AVAILABLE RENTALS

962

APARTMENTS

$1,489

HOUSES

$2,650

TOWNHOUSES

$2,100

As of October 2026, apartments are the most affordable rental option in Tempe, AZ at $1,489 per month, while houses are the most expensive at $2,650 per month. Townhomes average $2,100 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,295
2 Bedrooms	$1,579
3 Bedrooms	$2,310
4 Bedrooms	$2,790
All	$1,995

As of October 2026, the average rent for a 1 bedroom rental in Tempe, AZ is $1,295 per month, followed by $1,579 for a 2 bedroom rental, $2,310 for a 3 bedroom rental, and $2,790 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,345
2 Bedrooms	$1,945
3 Bedrooms	$2,300
4 Bedrooms	$2,500
All	$2,100

As of October 2026, the average rent for a 1 bedroom townhome in Tempe, AZ is $1,345 per month, followed by $1,945 for a 2 bedroom townhome, $2,300 for a 3 bedroom townhome, and $2,500 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,125
2 Bedrooms	$1,506
3 Bedrooms	$2,150
4 Bedrooms	$2,000
All	$1,499

As of October 2026, the average rent for a 1 bedroom apartment in Tempe, AZ is $1,125 per month, followed by $1,506 for a 2 bedroom apartment, $2,150 for a 3 bedroom apartment, and $2,000 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$1,700
3 Bedrooms	$2,490
4 Bedrooms	$2,895
All	$2,650

As of October 2026, the average rent for a 1 bedroom house in Tempe, AZ is $800 per month, followed by $1,700 for a 2 bedroom house, $2,490 for a 3 bedroom house, and $2,895 for a 4 bedroom house.