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Apartments for Rent in Tempe AZ

5,744 Rentals Available

Explore Rent Prices Near Tempe, AZ

Tempe, AZ’s average rent price is $1,574 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Chandler $1,678
Paradise Valley $2,129
Mesa $1,359
Gilbert $1,663
Scottsdale $1,947

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Tempe, AZ Apartments for Rent

Tempe bridges Phoenix and Scottsdale with Arizona State University at its heart. You'll find apartments for rent in Tempe along the Valley Metro Rail and the Tempe Streetcar, which connect to Downtown Phoenix, Mesa, and Sky Harbor International Airport. Mill Avenue and Tempe Town Lake anchor dining, concerts, and festivals, while Tempe Beach Park, Tempe Center for the Arts, and Papago Park's trails are minutes away. Drivers can use Loop 202, Loop 101, and US-60 for easy access to offices around Marina Heights and job centers in Scottsdale and Chandler. For waterfront living, check out apartments near Tempe Town Lake.

Neighborhoods to know include Downtown/Mill Avenue for walkable homes by shops, bars, and the streetcar; Maple-Ash with leafy streets and historic bungalows near ASU Gammage; Riverside and North Tempe for quick paths to the lake, Papago Park, and the arts center; and the Apache Boulevard corridor for rentals close to the light rail and campus. South Tempe around Kiwanis Park offers big green space, a rec center, and sports fields. Tempe Gardens brings quiet blocks with quick US-60 access. Duskfire neighbors Ken McDonald Golf Course and neighborhood parks. Shoppers also head to Tempe Marketplace and Arizona Mills (with SEA LIFE and LEGOLAND), and game days light up Sun Devil Stadium and Tempe Diablo Stadium.

Learn more about living in Tempe, AZ

Tempe, AZ Rental Insights

The average rent in Tempe, AZ is $1,462 per month. By comparison, renters across the U.S. pay an average of $1,626, which means housing in Tempe, AZ is slightly less expensive than much of the country.

Find affordable apartments for rent in Tempe, AZ by browsing listings in budget-friendly neighborhoods such as Oaks, Margo Manor, and Westgate. Use filters by price, number of bedrooms, and amenities to narrow your search.

The most popular ZIP codes for renters in Tempe, AZ are 85282, 85281, 85283, 85288, and 85284.

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