$4,900/mo
Original price: $6,900
- 4 Beds
- 3 Baths
- 1,670 sqft
1240 E Verlea Dr, Tempe, AZ 85282
Cost and fees breakdown
Price may not include required fees and charges.
Taking Applications
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Home Highlights
Single-Family Home
Dogs & Cats Allowed
Dishwasher
Washer, Dryer
Forced Air & Central Air
$4,900 deposit
Local Information
-- mins to
About this House
REMODELED & FURNISHED! Available to occupy May 1, 2026
Great Location in the heart of Tempe, and a 5-Minute Drive to ASU. This 4 Bedroom/3 Bathroom Home is close to Freeways, Shopping, Restaurants, and Parks.
Features include an Open-Concept Kitchen/Living Room area, Master Bedroom Suite, Primary Bedroom w/private Bathroom, Laundry Room (Washer/Dryer included), RO Water Filter System, and POOL!
Tenant responsible for all Utilities, and Wifi Service.
Great Location in the heart of Tempe, and a 5-Minute Drive to ASU. This 4 Bedroom/3 Bathroom Home is close to Freeways, Shopping, Restaurants, and Parks.
Features include an Open-Concept Kitchen/Living Room area, Master Bedroom Suite, Primary Bedroom w/private Bathroom, Laundry Room (Washer/Dryer included), RO Water Filter System, and POOL!
Tenant responsible for all Utilities, and Wifi Service.
Details for 1240 E Verlea Dr
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Heating & Cooling Heating: Forced AirAir ConditioningHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerWasher |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearCats, small dogs allowedDeposit: $4,900 |
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Pool Pool |
Parking & Garage Parking: Off Street Parking, On Site |
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Costs and Fees
Required monthly rent & fees
- Base rent$4,900/mo
Required one-time fees
- Security deposit$4,900
- Application feeContact for details
- Administrative feeContact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
Rental Market Trends in Hughes Acres
Last updated Sep 2026
Trulia Rent Estimate$3,169/mo
Average rent
$2.53K
$167MoM
Available listings
15
Around this home
What Locals Say about Hughes Acres
At least 1 Trulia users voted on each feature.
100 % Say neighbors are friendly
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Local Legal Protections
Local Legal Protections
LGBTQ • Source of Income
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 16, 2026 Source: Zillow Rentals | PriceChange | $4,900 Price decreased by 29% |
Apr 10, 2026 Source: Zillow Rentals | PriceChange | $6,900 Price increased by 41% |
Dec 29, 2025 Source: Zillow Rentals | PriceChange | $4,900 Price increased by 23% |
Oct 28, 2025 Source: Zillow Rentals | PriceChange | $3,990 Price decreased by 19% |
Oct 3, 2025 Source: Zillow Rentals | Listed For Rent | $4,900 |
Aug 19, 2025 Source: Zillow Rentals | ListingRemoved | $4,900 |
Jul 29, 2025 Source: Zillow Rentals | Listed For Rent | $4,900 |
Jul 4, 2025 Source: Zillow Rentals | ListingRemoved | $4,900 |
Jan 17, 2025 Source: Zillow Rentals | Listed For Rent | $4,900 |
Nov 25, 2024 Source: Zillow Rentals | ListingRemoved | $4,900 |
Oct 2, 2024 Source: Zillow Rentals | Listed For Rent | $4,900 |
Sep 18, 2024 Source: Zillow Rentals | ListingRemoved | $4,900 |
Aug 21, 2024 Source: Zillow Rentals | PriceChange | $4,900 Price increased by 9% |
Aug 2, 2024 Source: Zillow Rentals | PriceChange | $4,500 Price increased by 55% |
Jul 26, 2024 Source: Zillow Rentals | PriceChange | $2,900 Price decreased by 26% |
Jul 12, 2024 Source: Zillow Rentals | PriceChange | $3,900 Price decreased by 7% |
Jan 30, 2024 Source: Zillow Rentals | Listed For Rent | $4,200 |
Nov 30, 2020 Source: ARMLS #6134360 | Sold | $365,000 |
Nov 17, 2020 Source: Agent Provided | Pending | $374,900 |
Oct 8, 2020 Source: Agent Provided | PriceChange | $374,900 Price decreased by 1% |
Sep 25, 2020 Source: Agent Provided | PriceChange | $379,000 Price decreased by 3% |
Sep 18, 2020 Source: Agent Provided | Listed For Sale | $389,000 |
Aug 19, 2020 Source: Agent Provided | ListingRemoved | $2,250 |
Jul 10, 2020 Source: N/A | Listed For Rent | $2,250 |
Jul 27, 2019 Source: N/A | ListingRemoved | $1,895 |
Jul 24, 2019 Source: N/A | Listed For Rent | $1,895 |
Jun 20, 2017 Source: ARMLS #5603480 | Sold | $233,000 |
Frequently asked questions about 1240 E Verlea Dr
- What income do you need to rent 1240 E Verlea Dr?Most landlords look for monthly gross income of about 3× rent, or roughly $175K per year to rent 1240 E Verlea Dr in Tempe, AZ at $4,900/mo.
- What is the pet policy at 1240 E Verlea Dr?1240 E Verlea Dr in Tempe, AZ allows cats and small dogs.
- How does the rent for 1240 E Verlea Dr compare to similar 4+ bedroom houses in Hughes Acres?1240 E Verlea Dr in Tempe, AZ rents about 97% above the area average for 4+ bedroom houses in Hughes Acres ($2,494/mo).
- What are the closest schools to 1240 E Verlea Dr?The closest schools to 1240 E Verlea Dr in Tempe, AZ are Connolly Middle School (rated 3/10), Joseph P. Spracale Elementary School (rated 5/10), McClintock High School (rated 8/10).
- Does 1240 E Verlea Dr have a pool?Yes, 1240 E Verlea Dr in Tempe, AZ has a pool.
- Does 1240 E Verlea Dr have laundry facilities?Yes, 1240 E Verlea Dr in Tempe, AZ has in-unit laundry.
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$176,400 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
New Rentals Nearby
1240 E Verlea Dr, Tempe, AZ is a 4 bedroom, 3 bathroom, 1,670 sqft single-family home. 1240 E Verlea Dr is located in Hughes Acres, Tempe. 1240 E Verlea Dr was listed for rent for $4,900/month on Oct 3, 2025. This property is pet friendly.

