What's the average rent in Tempe, AZ?

Rental Market Trends in Tempe, AZ

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Tempe, AZ is $2,295 per month, which is 19% higher than the national average rent of $1,930 per month.

AVERAGE RENT

$2,295

-0.2%-$5 decrease month-over-month

-0.2%-$4 decrease year-over-year

AVAILABLE RENTALS

965

APARTMENTS

$1,584

HOUSES

$3,100

TOWNHOUSES

$2,199

As of May 2026, apartments are the most affordable rental option in Tempe, AZ at $1,584 per month, while houses are the most expensive at $3,100 per month. Townhomes average $2,199 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,325
2 Bedrooms	$1,650
3 Bedrooms	$2,485
4 Bedrooms	$3,051
All	$2,295

As of May 2026, the average rent for a 1 bedroom rental in Tempe, AZ is $1,325 per month, followed by $1,650 for a 2 bedroom rental, $2,485 for a 3 bedroom rental, and $3,051 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,150
2 Bedrooms	$1,893
3 Bedrooms	$2,350
4 Bedrooms	$2,400
All	$2,199

As of May 2026, the average rent for a 1 bedroom townhome in Tempe, AZ is $1,150 per month, followed by $1,893 for a 2 bedroom townhome, $2,350 for a 3 bedroom townhome, and $2,400 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,250
2 Bedrooms	$1,600
3 Bedrooms	$2,300
4 Bedrooms	$936
All	$1,595

As of May 2026, the average rent for a 1 bedroom apartment in Tempe, AZ is $1,250 per month, followed by $1,600 for a 2 bedroom apartment, $2,300 for a 3 bedroom apartment, and $936 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,425
2 Bedrooms	$1,999
3 Bedrooms	$2,600
4 Bedrooms	$3,195
All	$3,100

As of May 2026, the average rent for a 1 bedroom house in Tempe, AZ is $1,425 per month, followed by $1,999 for a 2 bedroom house, $2,600 for a 3 bedroom house, and $3,195 for a 4 bedroom house.