Home Highlights
Property Type
Apartment
Living Area
2,569 sqft
Local Information
-- mins to
About this House
This home has 4 bedrooms, 2 bathrooms. The fully equipped kitchen includes maple wood cabinets, spacious quartz counter tops and stainless steel appliances. The home features wood and tile floors, fireplace in the family room, new 2'' window blinds throughout the main part of the home and an arcadia room with AC for entertaining with lots of cabinet space. Spacious backyard with RV Gate. *Landscaping included with the rent. No HOA. Walk or bike to downtown Tempe/ASU campus, shops and restaurants.
Tempe has a 1.8% Rental Tax, NO PETS ALLOWED, Renter verify all info.
Qualifications; Earn 3X the rent, 1 year minimum employment, same job. No Evictions last 5 years. NO LANDLORD DEBT. Good Credit.
Rent $2400 plus 1.8% Rental Tax, Refundable Security Deposit $2400, Refundable Cleaning Deposit $300, Administration Fee $180, Application fee for 1-2 Adults $75.
Melissa A.
Lux Home Realty
Equal Housing Opportunity
12 month lease terms
Landscaping included in the rent
Utilities NOT included in the rent
The property has: Water/Sewer/Trash, Electric, and Gas
Tempe has a 1.8% Rental Tax, NO PETS ALLOWED, Renter verify all info.
Qualifications; Earn 3X the rent, 1 year minimum employment, same job. No Evictions last 5 years. NO LANDLORD DEBT. Good Credit.
Rent $2400 plus 1.8% Rental Tax, Refundable Security Deposit $2400, Refundable Cleaning Deposit $300, Administration Fee $180, Application fee for 1-2 Adults $75.
Melissa A.
Lux Home Realty
Equal Housing Opportunity
12 month lease terms
Landscaping included in the rent
Utilities NOT included in the rent
The property has: Water/Sewer/Trash, Electric, and Gas
40 E Balboa Dr #A, Tempe, AZ 85282 is a 4 bedroom, 2 bathroom, 2,569 sqft apartment in MACH 8. More recently, it was listed as a rental in November 2024 with an asking price of $2,400 per month. That rental listing was removed on January 7, 2025. It is currently off market. The Trulia Estimate rent is $3,275/month.
Home Details for 40 E Balboa Dr #A
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Heating & Cooling Heating: Heat PumpAir ConditioningCooling System: Central AirHeating Fuel: Heat Pump |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Tile |
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Property Type / Style Property Type: Apartment |
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Lease Term: 1 Year |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 40 E Balboa Dr #A
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Apartment | $235,000 | 12/29/25 | 2 | 2 | 941 sqft | |
0.44 | Apartment | $269,000 | 04/15/26 | 2 | 2 | 941 sqft | |
0.53 | Apartment | $259,900 | 03/26/26 | 2 | 2 | 1,088 sqft | |
0.52 | Apartment | $258,000 | 11/10/25 | 2 | 2 | 1,008 sqft | |
0.77 | Apartment | $270,000 | 06/12/26 | 2 | 2 | 966 sqft | |
0.46 | Apartment | $175,000 | 09/26/25 | 1 | 1 | 693 sqft | |
1.21 | Apartment | $540,000 | 07/23/26 | 4 | 3.5 | 1,779 sqft | |
1.68 | Apartment | $409,000 | 04/30/26 | 4 | 2 | 1,209 sqft | |
1.03 | Apartment | $180,000 | 03/24/26 | 1 | 1 | 617 sqft | |
1.55 | Apartment | $287,000 | 07/08/26 | 2 | 2 | 999 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
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Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 7, 2025 Source: Zillow Rentals | ListingRemoved | $2,400 |
Nov 26, 2024 Source: Zillow Rentals | Listed For Rent | $2,400 |
Frequently asked questions about 40 E Balboa Dr #A
- Is Tempe a buyer's or seller's market?Tempe is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Tempe?The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
- What are the closest schools to 40 E Balboa Dr #A?The closest schools to 40 E Balboa Dr #A in Tempe, AZ are Broadmor Elementary School (rated 9/10), Connolly Middle School (rated 3/10), Tempe High School (rated 5/10).
- Does 40 E Balboa Dr #A have air conditioning?Yes, 40 E Balboa Dr #A in Tempe, AZ has air conditioning.
- Does 40 E Balboa Dr #A have laundry facilities?Yes, 40 E Balboa Dr #A in Tempe, AZ has in-unit laundry.
- Does 40 E Balboa Dr #A have parking?Yes, 40 E Balboa Dr #A in Tempe, AZ has on-site parking.
Homes for rent near 40 E Balboa Dr #A
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
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.

