Tempe AZ Apartments
461 rentals
- SPECIAL OFFERPET FRIENDLYTotal price$1,431 - $2,232/mo1-3 Beds1-2 BathsFinisterra On Grove | 1250 W Grove Pkwy,
Tempe, AZ 85283 - SPECIAL OFFERPET FRIENDLYTotal price$1,565 - $2,267/moStudio-3 Beds1-2 BathsCortland South Mountain | 7017 S Priest Dr,
Tempe, AZ 85283 - NEW - 1 DAY AGOPET FRIENDLYTotal price$1,243 - $2,213/mo1-3 Beds1-2 BathsIMT Desert Palm Village | 1215 E Vista Del Cerro Dr,
Tempe, AZ 85281 - SPECIAL OFFERPET FRIENDLY
- NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
- PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- Total price$1,281 - $2,117/mo1-3 Beds1-2 BathsElevate at Discovery Park | 1820 E Bell De Mar Dr,
Tempe, AZ 85283 - $1,519 - $2,409/moStudio-2 Beds1-2 BathsNorte Town Lake Apartments | 909 E Playa Del Norte Dr,
Tempe, AZ 85288 - $1,515 - $3,125/moStudio-3 Beds1-3 BathsSkywater at Tempe Town Lake | 601 W Rio Salado Pkwy,
Tempe, AZ 85281 - Total price$1,575 - $5,956/moStudio-3 Beds1-3 BathsShorehaven | 1306 E Vista Del Lago Dr,
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Average Rent Trends in Tempe, AZ
Rent in Tempe, AZ varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,465 |
| Nov 2025 | $1,442 |
| Dec 2025 | $1,418 |
| Jan 2026 | $1,430 |
| Feb 2026 | $1,542 |
| Mar 2026 | $1,623 |
| Apr 2026 | $1,567 |
| May 2026 | $1,599 |
| Jun 2026 | $1,571 |
| Jul 2026 | $1,543 |
| Aug 2026 | $1,455 |
| Sep 2026 | $1,493 |
Average Rent By Bedroom and Home Type
In October 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 | $1,295 | $1,579 | $2,310 | $2,790 | $1,995 |
| Townhomes | $1,345 | $1,945 | $2,300 | $2,500 | $2,100 |
| Apartments and Condos | $1,125 | $1,506 | $2,150 | $2,000 | $1,499 |
| Houses | $800 | $1,700 | $2,490 | $2,895 | $2,650 |
Frequently Asked Questions about Apartments and Condos for rent in Tempe, AZ
- What is the average rent of an apartment in Tempe, AZ?The average rent of an apartment in Tempe, AZ is $1,489 per month. This is about 24% lower than the national average.
- When is the average rent for an apartment cheapest in Tempe, AZ?In the last year, the average rent in Tempe, AZ was lowest in Jul 2025 when it was $1,348 per month.
- When is the average rent for an apartment most expensive in Tempe, AZ?In the last year, the average rent in Tempe, AZ was highest in Jun 2025 when it was $1,597 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Tempe, AZ?The average rent of a 1 bedroom apartment in Tempe, AZ is $1,259 per month. That is about $163 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Tempe, AZ?There are 482 available apartments or condos to rent in Tempe, AZ.
- What colleges and universities are in Tempe, AZ?Colleges and universities in Tempe, AZ include: Arizona State University.
- What are some neighborhoods in Tempe, AZ?Some neighborhoods in Tempe, AZ include: Escalante, Alegre Community, Sunset, Pepperwood, Meyer Park.
- What are some zip codes in Tempe, AZ?
- What are some cities near Tempe, AZ?Some nearby cities include: Guadalupe, Chandler, Paradise Valley, Gilbert, Mesa. These cities may have more rental options to explore.
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