New Townhomes For Rent in Tempe, AZ
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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 townhome decreased in Oct 2026 compared to the previous month. Rent for townhomes peaked in May 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,995 |
| Dec 2025 | $2,095 |
| Jan 2026 | $1,950 |
| Feb 2026 | $1,995 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,100 |
| May 2026 | $2,199 |
| Jun 2026 | $2,219 |
| Jul 2026 | $2,300 |
| Aug 2026 | $2,200 |
| Sep 2026 | $2,195 |
| Oct 2026 | $2,100 |
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 Townhomes for rent in Tempe, AZ
- What is the average rent of a townhome in Tempe, AZ?The average rent of a townhome in Tempe, AZ is $2,100 per month. This is about 8% higher than the national average.
- When is the average rent for a townhome cheapest in Tempe, AZ?In the last year, the average rent in Tempe, AZ was lowest in Nov 2025 when it was $1,995 per month.
- When is the average rent for a townhome most expensive in Tempe, AZ?In the last year, the average rent in Tempe, AZ was highest in May 2025 when it was $2,400 per month.
- How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in Tempe, AZ?The average rent of a 3 bedroom townhome in Tempe, AZ is $2,300 per month. That is about $355 more than the cost of a 2 bedroom townhome.
- How many townhomes are available to rent in Tempe, AZ?There are 130 available townhomes 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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