Vela at Tempe Town Lake
555 N College Ave,
Tempe,
AZ
85281
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Monthly Rent
$1,546 - $2,768
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Bedrooms
Studio - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
543 - 2,114 sq ft
Highlights
- Waterfront
- Cabana
- Pool
- Walk-In Closets
- Deck
- Spa
- Elevator
- Balcony
Pricing & Floor Plans
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Unit 1015price $1,546square feet 543availibility Now
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Unit 3021price $1,586square feet 543availibility Now
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Unit 1019price $1,605square feet 543availibility Now
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Unit 2006price $1,673square feet 693availibility Now
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Unit 3016price $1,693square feet 693availibility Now
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Unit 2003price $1,768square feet 693availibility Now
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Unit 3029price $1,916square feet 753availibility Now
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Unit 1037price $1,881square feet 753availibility Jan 30
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Unit 5006price $1,926square feet 753availibility Feb 11
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Unit 1063price $1,896square feet 905availibility Jan 30
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Unit 4056price $1,910square feet 938availibility Feb 2
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Unit 2070price $1,830square feet 900availibility Feb 3
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Unit 2028price $2,723square feet 1,090availibility Now
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Unit 4026price $2,768square feet 1,087availibility Feb 2
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Unit 1013price $2,318square feet 1,087availibility Feb 4
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Unit 5002price $2,259square feet 1,176availibility Mar 13
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Unit 3038price $2,277square feet 1,206availibility Mar 14
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Unit 1015price $1,546square feet 543availibility Now
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Unit 3021price $1,586square feet 543availibility Now
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Unit 1019price $1,605square feet 543availibility Now
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Unit 2006price $1,673square feet 693availibility Now
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Unit 3016price $1,693square feet 693availibility Now
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Unit 2003price $1,768square feet 693availibility Now
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Unit 3029price $1,916square feet 753availibility Now
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Unit 1037price $1,881square feet 753availibility Jan 30
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Unit 5006price $1,926square feet 753availibility Feb 11
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Unit 1063price $1,896square feet 905availibility Jan 30
-
Unit 4056price $1,910square feet 938availibility Feb 2
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Unit 2070price $1,830square feet 900availibility Feb 3
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Unit 2028price $2,723square feet 1,090availibility Now
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Unit 4026price $2,768square feet 1,087availibility Feb 2
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Unit 1013price $2,318square feet 1,087availibility Feb 4
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Unit 5002price $2,259square feet 1,176availibility Mar 13
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Unit 3038price $2,277square feet 1,206availibility Mar 14
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
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Utilities & Essentials
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Stormwater / Drainage Admin FeeManagement of community stormwater drainage and runoff infrastructure Charged per unit.$1 / mo
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Pest Control ServicesRegular pest prevention and treatment services. Charged per unit.$2 / mo
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Gas AdminAdministrative costs for managing gas service billing, distribution, and related expenses for your apartment home. Charged per unit.$6 / mo
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Common Area UtilitiesShared utility costs in community common areas. Charged per unit.Varies
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Trash Services - DoorstepFee for doorstep trash and recycle pickup service. Charged per unit.Varies / mo
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One-Time Basics
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Due at Application
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Admin FeeFee to process rental application and background check Charged per unit.$250
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Application Fee Per ApplicantCharged per applicant.$50
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Application FeeAdministrative processing fee to cover lease preparation. Charged per applicant.$55
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Due at Move-In
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Administrative FeeCharged per unit.$200
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Due at Application
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Dogs
Restrictions:NoneRead More Read LessComments
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Cats
Restrictions:Comments
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Other Pets
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Pet FeeFee for allowing pets in the home. Charged per pet.$400
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Pet / Animal Lease ViolationFee issued for unauthorized pets or violations of pet policy. Charged per pet.Varies
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Pet FeePet Fee Charged per pet.Varies
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Pet Rentmonthly charge for keeping a pet in the home. Charged per pet.$45 / mo
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Parking
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ParkingFee for reserved or designated parking space use and maintenance Charged per vehicle.Varies
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Other
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Parking - ReservedFee for a designated parking spot on-site. Charged per vehicle.$75 / mo
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Storage Unit
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Parking EV ChargingFee for on-site electric vehicle charging access. Charged per unit.Varies one-time
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Rent Payment Credit Building ServiceBuild credit by paying rent on time while gaining access to personalized budgeting tools and financial education resources. Charged per unit.$8.95 - $14.95 / mo
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Amenity / Clubhouse Rental FeeFee for reserving the community clubhouse for events or gatherings. Charged per unit.$50 / occurrence
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Storage Space RentalFee for an on-site storage unit. Charged per unit.Varies one-time
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Amenity / Clubhouse Rental Deposit (Refundable)Refundable deposit for potential damages during a clubhouse rental. Charged per unit.$250 / occurrence
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Intra-Community Transfer FeeCharge for transferring to another home within the same community. Charged per unit.$500
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Utility - Vacant Cost RecoveryUtility costs incurred while the unit was unoccupied. Charged per unit.Varies one-time
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Security Deposit AlternativeAlternative to a standard security deposit typically issued through a surety bond. Charged per unit.$20 - $35 / mo
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Utility - ElectricCost of electricity usage for your apartment. Charged per unit.Varies
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Utility - Stormwater / DrainageLocal stormwater management and drainage system fee. Charged per unit.Varies
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Access Device ReplacementCharge to replace lost or damaged key, fob, or remote. Charged per unit.$75 / occurrence
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NSF Tenant FeeNSF Tenant Fee Charged per unit.$75 / occurrence
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Concession RepaymentTenant repayment of rent discounts if lease terms are not met. Charged per unit.Varies / occurrence
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Lease ViolationFee for non-compliance with lease terms or community policies. Charged per unit.Varies / occurrence
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Security Deposit (Refundable)Refundable deposit covering potential damages and unpaid rent per lease terms. Charged per unit.$500 - $1,250
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Insufficient Move-out Notice FeeCharge for not providing proper advance notice before move-out. Charged per unit.Varies one-time
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Renter Liability - Third PartyExpense related to required liability coverage through a third-party provider. Charged per unit.Varies
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Utility - GasCost of gas usage for your apartment. Charged per unit.Varies
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Utility - Water / SewerWater usage and wastewater removal costs. Charged per unit.Varies
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Late FeeLate Fee Charged per unit.$75 / occurrence
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Utility - Non-transferred Utility FeeCharge for utility costs not moved to residents name. Charged per unit.Varies / occurrence
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Legal / Eviction FeeCosts associated with an eviction proceeding. Charged per unit.Varies / occurrence
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Early Lease Termination / BuyoutBuyout for ending lease agreement before its scheduled end date. Charged per unit.Varies / occurrence
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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3 - 15 Month Leases
Property Information
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Built in 2016
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290 units/5 stories
Matterport 3D Tours
Select a unit to view pricing & availability
About Vela at Tempe Town Lake
Welcome to Vela at Tempe Town Lake, where modern living meets serene lakeside views. Located just steps away from Tempe Town Lake, our community offers a variety of spacious studio, one-bedroom, and two-bedroom homes designed to fit your lifestyle. Enjoy thoughtfully curated interiors with modern finishes, alongside an array of spa-inspired amenities that elevate your living experience. Whether you're looking to relax by the pool, unwind in our state-of-the-art fitness center, or explore the vibrant Tempe neighborhood, Vela provides the perfect place to call home.
Vela at Tempe Town Lake is an apartment community located in Maricopa County and the 85281 ZIP Code. This area is served by the Tempe attendance zone.
Unique Features
- Oversized Bedrooms
- 10-Foot Ceilings
- Full Sized Washer & Dryer in Apartment
- Hardwood Style Flooring
- Pool with Spa Cabanas
- Spacious Walk-In Closets
- Easy Access to Tempe Town Lake Beach & Amenities
- EV Chargers
- Gourmet Kitchens
- Kitchen Prep Island with Pendant Lighting
- Convenient Package Lockers
- Custom Built-Ins
- Plush Outdoor Seating with Gas Fire Pits
- Spa Bathrooms with Soaking Tubs
- USB Charging Outlets
- Private Balconies Overlooking Tempe Town Lake
- Split Master Floor Plans
- Earn with Airbnb
- Spectacular Views
- Beautiful Lakefront Views
- Designer Color Schemes
- Minutes to Downtown Tempe
- Private Storage Units
Community Amenities
Pool
Fitness Center
Elevator
Wheelchair Accessible
- EV Charging
- Wheelchair Accessible
- Elevator
- Fitness Center
- Spa
- Pool
- Cabana
- Waterfront
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
Walk-In Closets
- Washer/Dryer
- Air Conditioning
- Storage Space
- Dishwasher
- Stainless Steel Appliances
- Kitchen
- Quartz Countertops
- Walk-In Closets
- Balcony
- Deck
- EV Charging
- Wheelchair Accessible
- Elevator
- Cabana
- Waterfront
- Fitness Center
- Spa
- Pool
- Oversized Bedrooms
- 10-Foot Ceilings
- Full Sized Washer & Dryer in Apartment
- Hardwood Style Flooring
- Pool with Spa Cabanas
- Spacious Walk-In Closets
- Easy Access to Tempe Town Lake Beach & Amenities
- EV Chargers
- Gourmet Kitchens
- Kitchen Prep Island with Pendant Lighting
- Convenient Package Lockers
- Custom Built-Ins
- Plush Outdoor Seating with Gas Fire Pits
- Spa Bathrooms with Soaking Tubs
- USB Charging Outlets
- Private Balconies Overlooking Tempe Town Lake
- Split Master Floor Plans
- Earn with Airbnb
- Spectacular Views
- Beautiful Lakefront Views
- Designer Color Schemes
- Minutes to Downtown Tempe
- Private Storage Units
- Washer/Dryer
- Air Conditioning
- Storage Space
- Dishwasher
- Stainless Steel Appliances
- Kitchen
- Quartz Countertops
- Walk-In Closets
- Balcony
- Deck
| Monday | 9:30am - 5:30pm |
|---|---|
| Tuesday | 9:30am - 5:30pm |
| Wednesday | 9:30am - 5:30pm |
| Thursday | 9:30am - 5:30pm |
| Friday | 9:30am - 5:30pm |
| Saturday | 9am - 5pm |
| Sunday | 10am - 4pm |
Formerly known as the Mill Avenue District, Downtown Tempe serves as the central hub for Tempe shopping, dining, nightlife, and recreation. Built around Arizona State University, the area thrives by embracing the college culture and building a city ideal for home, work and play. Several large businesses offer jobs in Downtown Tempe and housing ranges from quaint historical homes to modern waterfront condos and apartments for rent that overlook Tempe Town Lake.
Located 19 miles from Downtown Phoenix and close to other large suburbs, Downtown Tempe provides an accessible location for community events for residents across the Phoenix metropolitan area. Events such as the Tempe Festival of the Arts draw in nearly 225,000 visitors over a three-day weekend.
Learn more about living in Downtown TempeCompare neighborhood and city base rent averages by bedroom.
| Downtown Tempe | Tempe, AZ | |
|---|---|---|
| Studio | $1,394 | $1,344 |
| 1 Bedroom | $1,546 | $1,457 |
| 2 Bedrooms | $1,935 | $1,747 |
| 3 Bedrooms | $3,979 | $2,545 |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 1.8 mi | |
| Drive: | 5 min | 1.8 mi | |
| Drive: | 10 min | 5.3 mi | |
| Drive: | 13 min | 6.8 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation options available in Tempe include Marina Heights/Rio Salado, located 0.9 mile from Vela at Tempe Town Lake. Vela at Tempe Town Lake is near Phoenix Sky Harbor International, located 5.2 miles or 10 minutes away, and Phoenix-Mesa Gateway, located 23.8 miles or 35 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
|
Walk: | 16 min | 0.9 mi |
|
|
Drive: | 4 min | 1.5 mi |
|
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Drive: | 4 min | 1.5 mi |
|
|
Drive: | 4 min | 1.6 mi |
|
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Drive: | 4 min | 1.6 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 43 min | 31.4 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Phoenix Sky Harbor International
|
Drive: | 10 min | 5.2 mi |
|
Phoenix-Mesa Gateway
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Drive: | 35 min | 23.8 mi |
Time and distance from Vela at Tempe Town Lake.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 11 min | 0.6 mi | |
| Walk: | 16 min | 0.9 mi | |
| Walk: | 17 min | 0.9 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Desert Arboretum Park
|
Walk: | 14 min | 0.7 mi |
|
ASU Center for Meteorite Studies
|
Drive: | 5 min | 1.6 mi |
|
Papago Park
|
Drive: | 5 min | 1.7 mi |
|
Phoenix Zoo
|
Drive: | 9 min | 3.3 mi |
|
Desert Botanical Garden
|
Drive: | 7 min | 3.4 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 8 min | 4.1 mi | |
| Drive: | 7 min | 4.1 mi | |
| Drive: | 9 min | 5.7 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 17 min | 10.0 mi | |
| Drive: | 41 min | 30.9 mi | |
| Drive: | 108 min | 83.4 mi |
Vela at Tempe Town Lake Photos
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Clubhouse
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RESIDENT LOUNGE
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RESIDENT LOUNGE
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RESIDENT LOUNGE
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FITNESS CENTER
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FITNESS CENTER
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Models
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Studio
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Studio
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1 Bedroom
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1 Bedroom
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1 Bedroom
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1 Bedroom
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Vela at Tempe Town Lake has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Vela at Tempe Town Lake. Fees may apply depending on the type of parking offered. Contact this property for details.
Vela at Tempe Town Lake has studios to two-bedrooms with rent ranges from $1,546/mo. to $2,768/mo.
Yes, Vela at Tempe Town Lake welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,546 for a studio, you would need to earn about $56,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Vela at Tempe Town Lake is offering Specials for eligible applicants, with rental rates starting at $1,546.
Yes! Vela at Tempe Town Lake offers 8 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
555 N College Ave
Tempe, AZ 85281