Luxury Apartments for Rent in 85281
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SPECIAL OFFERPET FRIENDLY$1,495 - $3,815/mo
Studio-3 Beds
1-3 BathsSkywater at Tempe Town Lake | 601 W Rio Salado Pkwy #4070,
Tempe, AZ 85281
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Average Rent Trends in 85281
Rent in 85281 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,860 |
| Jul 2025 | $1,895 |
| Aug 2025 | $1,895 |
| Sep 2025 | $1,780 |
| Oct 2025 | $1,788 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,701 |
| Feb 2026 | $1,720 |
| Mar 2026 | $1,809 |
| Apr 2026 | $1,800 |
| May 2026 | $1,895 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,319 | $1,500 | $2,399 | $2,850 | $1,895 |
| Townhomes | $1,150 | $1,895 | $2,500 | $3,500 | $2,250 |
| Apartments and Condos | $1,250 | $1,499 | $2,250 | $850 | $1,500 |
| Houses | $1,000 | $1,899 | $2,400 | $2,889 | $2,795 |
Frequently Asked Questions about Rentals in 85281
- What is the average rent of an apartment in 85281?The average rent of an apartment in 85281 is $1,529 per month. This is about 21% lower than the national average.
- What is the average rent of a house in 85281?The average rent of a house in 85281 is $2,850 per month. This is about 48% higher than the national average.
- What is the average rent of a townhome in 85281?The average rent of a townhome in 85281 is $2,300 per month. This is about 19% higher than the national average.
- When is the average rent cheapest in 85281?In the last year, the average rent in 85281 was lowest in Jan 2025 when it was $1,695 per month.
- When is the average rent most expensive in 85281?In the last year, the average rent in 85281 was highest in Apr 2025 when it was $1,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 85281?The average rent of a 1 bedroom apartment in 85281 is $1,280 per month. That is about $102 more than the cost of a studio apartment.
- How many available rental listings are in 85281?There are 376 available rental listings in 85281.
- What are some cities near 85281?
