Cheap Apartments for Rent in Tempe, AZ
993 rentals
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APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYPET FRIENDLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
SPECIAL OFFERPET FRIENDLYFURNISHEDTotal price$745 - $1,500/mo
1-4 Beds
1-4 BathsGateway at Tempe | 1655 E University Dr #2-988158,
Tempe, AZ 85281
FURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYROOM FOR RENT
FURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYPET FRIENDLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
FURNISHEDROOM FOR RENT
APPLY INSTANTLYPET FRIENDLYFURNISHEDROOM FOR RENT
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$899 - $1,139/moStudio-1 Bed1 BathGrandes Cortes Apartments | 1150 W University Dr #b47b76e38,
Tempe, AZ 85281
SPECIAL OFFER
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
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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 increased in Jul 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $2,253 |
| Jul 2026 | $2,290 |
Average Rent By Bedroom and Home Type
In July 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 | $1,300 | $1,691 | $2,580 | $2,995 | $2,276 |
| Townhomes | $1,275 | $1,900 | $2,400 | $2,740 | $2,300 |
| Apartments and Condos | $1,250 | $1,690 | $2,195 | $2,995 | $1,600 |
| Houses | $1,200 | $2,000 | $2,785 | $3,000 | $2,995 |
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 $1,541 per month. This is about 21% lower 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 $1,300 per month. That is about $73 less than the cost of a studio apartment.
- How many available rental listings are in Tempe, AZ?There are 997 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.
View this page in Spanish: Apartamentos baratos en renta en Tempe, AZ - 3,242 Rentas | Trulia