Cheap Apartments for Rent in Tempe, AZ
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APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
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APPLY INSTANTLYFURNISHEDROOM FOR RENT
NEW - 17 HRS AGOAPPLY INSTANTLYFURNISHEDROOM FOR RENT
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SPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$730 - $1,600/mo
1-4 Beds
1-4 BathsGateway at Tempe | 1655 E University Dr #2-988158,
Tempe, AZ 85281
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PET FRIENDLYFURNISHEDROOM FOR RENT
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NEW - 2 DAYS AGOPET FRIENDLYFURNISHEDROOM FOR RENT
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NEW - 18 HRS AGOAPPLY INSTANTLYROOM FOR RENT
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NEW - 20 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$864 - $1,557/moStudio-2 Beds1-2 BathsAvana Tempe | 30 W Carter Dr #19101,
Tempe, AZ 85282
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PET FRIENDLYTotal price$873 - $1,525/moStudio-2 Beds1-2 BathsSentry Tempe | 3730 S Mill Ave #2M101,
Tempe, AZ 85282
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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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,292 |
| Jul 2025 | $2,250 |
| Aug 2025 | $2,195 |
| Sep 2025 | $2,050 |
| Oct 2025 | $1,995 |
| Nov 2025 | $1,995 |
| Dec 2025 | $2,000 |
| Jan 2026 | $1,953 |
| Feb 2026 | $2,195 |
| Mar 2026 | $2,300 |
| Apr 2026 | $2,300 |
| May 2026 | $2,300 |
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 | $1,325 | $1,645 | $2,475 | $3,095 | $2,300 |
| Townhomes | $1,400 | $1,895 | $2,350 | $2,350 | $2,195 |
| Apartments and Condos | $1,250 | $1,600 | $2,345 | $2,200 | $1,600 |
| Houses | $1,367 | $1,999 | $2,600 | $3,175 | $3,200 |
Frequently Asked Questions about Rentals in Tempe, AZ
- What is the average rent of an apartment in Tempe, AZ?The average rent of an apartment in Tempe, AZ is $1,584 per month. This is about 18% lower than the national average.
- What is the average rent of a house in Tempe, AZ?The average rent of a house in Tempe, AZ is $3,100 per month. This is about 61% higher than the national average.
- What is the average rent of a townhome in Tempe, AZ?The average rent of a townhome in Tempe, AZ is $2,199 per month. This is about 14% higher than the national average.
- When is the average rent cheapest in Tempe, AZ?In the last year, the average rent in Tempe, AZ was lowest in Jan 2025 when it was $1,995 per month.
- When is the average rent most expensive in Tempe, AZ?In the last year, the average rent in Tempe, AZ was highest in Apr 2025 when it was $2,300 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 $1,325 per month. That is about $10 more than the cost of a studio apartment.
- How many available rental listings are in Tempe, AZ?There are 965 available rental listings 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.