Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Tempe area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Tempe, AZ

1 - 2 of 2 Results
29
$ Ask - 2,400
Galleria Palms
1600 W La Jolla Drive Tempe, AZ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
25
$ Ask - 1,560
Park Place Tempe
1317 S Terrace Rd Tempe, AZ
1 - 4 BR | Ask for Availability
Contact
Air Conditioning
Fitness Center
Pool
Jen Tilly Terrace
1 - 2 of 2 Results

All Apartments in Tempe, AZ

30 Results
47
$1,168 - 2,109
909 West
5.0
909 W Grove Pkwy Tempe, AZ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
42
$1,340 - 2,917
Metro 101
2157 East Apache Boulevard Tempe, AZ
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
22
3D Tour
$1,360 - 2,488
Garden Grove Apartment Homes
Deal
900 W Grove Pkwy Tempe, AZ
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
25
3D Tour
$1,331 - 2,640
Elevate at Discovery Park
1820 E Bell De Mar Dr Tempe, AZ
1 - 3 BR | Available Now
Contact
Furnished
Virtual Tour
Luxury
Air Conditioning
Covered Parking
24
$1,596 - 3,533
NOVO Broadway Apartments
711 W Broadway Rd Tempe, AZ
Studio - 3 BR | Available Now
Contact
Furnished
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
18
$1,619
Phoenix - Airport - Tempe
2165 West 15th Tempe, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
29
$928 - 4,489
Onnix Apartments
Deal
5.0
1500 E Broadway RD Tempe, AZ
Studio - 2 BR | Available Now
Contact
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
81
$1,424 - 2,049
PER
ROOM
The Carmin
4.2
1000 E Apache Blvd Tempe, AZ
Studio - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
15
$947
E Fremont Dr
Tempe, AZ
1 BR | Ask for Availability
Contact
75
$1,059 - 1,135
Studio 710 Apartments
710 S Hardy Dr Tempe, AZ
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$1,175 - 1,300
Aqua Apartments
1532 S Price Rd Tempe, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
16
$1,495
Beautiful Boutique Community
5105 S Ln Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
21
$2,595
Brand New Tempe Townhomes
406 W 7th St Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
House
Storage
Dishwasher
Downtown Tempe
$1,429 - 1,924
San Marquis
577 Baseline Rd Tempe, AZ
1 - 2 BR | Available Now
Contact
Baseline-Hardy
1
$1,045
Stanley
1433 S Stanley Pl Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
46
$2,995 - 3,395
1 Month Free!! Restrictions Apply
55 W Thomas Ln Tempe, AZ
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Clark Park
54
$1,363 - 2,735
Elevate Your Urban Experience! Move In Before The End Of The Month And Get 10 Weeks Free Rent!
615 S Farmer Ave Tempe, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Downtown Tempe
1
$1,299
West 5th
601 W 5th St Tempe, AZ
2 BR | Oct. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
1
$1,500
809 W 1st St
Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,595 - 1,650
1867 E University Dr
Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
Alegre Community
1
$1,395
817 S Melody Ln
Tempe, AZ
1 BR | Available Now
Contact
Dishwasher
Alegre Community
1
$3,250
4 Bedroom, 3 Baths, Includes 2 Master Suites Just 1-mile From Asu
554 W 19th St Tempe, AZ
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Clark Park
1
$1,595
1873 E University Dr
Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
Alegre Community
1
$1,275
813 W 3rd St
Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Mitchell Park
1
$3,650
Modern 4-bedroom, 3.5-bathroom Single-family Home In The Heart Of North Tempe
211 E Brinley Dr Tempe, AZ
4 BR | Available Now
Contact
Dog Friendly
House
Dishwasher
1
$5,500
1735 E Ln
Tempe, AZ
5 BR | Available Now
Contact
House
Storage
Pool
1
$2,600
Spacious And Awesome Townhome! Excellent Floorplan!
901 S Smith Rd Tempe, AZ
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Alegre Community
90
$1,619 - 2,329
Camden Tempe
Deal
800 E Curry Rd Tempe, AZ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Covered Parking
13
$1,495
The Grayson2
1150 E Orange St Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
29
$1,640 - 5,015
Skywater at Tempe Town Lake
Deal
601 W Rio Salado Pkwy Tempe, AZ
Studio - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
  1. Home
  2. Phoenix, AZ Area Apartments
  3. Tempe
  4. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Tempe, AZ on Rentable.co?

There are 2 apartments under $500 in Tempe currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Tempe?

Rentable.co has 284 studio apartments under $500 available for rent in Tempe.

How many one-bedroom apartments under $500 are available in Tempe?

Rentable.co has 453 one-bedroom apartments under $500 available for rent in Tempe.

How many two-bedroom apartments under $500 are available in Tempe?

Rentable.co has 535 two-bedroom apartments under $500 available for rent in Tempe.

Which neighborhoods have the most apartments under $500 for rent in Tempe, AZ?

  1. Sonorita
  2. Victory Acres
  3. Mitchell Park
  4. Gililland
  5. Escalante

Apartments Under $500 in Tempe, AZ: August Rental Information

Welcome to the August 2026 Tempe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 key findings and figures for the Tempe rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Tempe and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Tempe.

Whether you're a student on a tight budget or simply looking for an affordable place to live, our report aims to provide valuable information to make your apartment search easier. Stay tuned to find out about the latest rental trends and options in Tempe!
0 22 45 67 90 <$900 $960 $1,080 $1,200 $1,320 $1,440 $1,560 $1,680 $1,800 $1,920 $2,040 $2,160 $2,280 $2,400 >$2,520

Looking for Apartments Under $500 in Tempe?

Available apartments under $500 1,346
Top amenities Fitness Center, Air Conditioning, Dishwasher, Pool, Range / Oven
Deals 15
Pet friendly 6
Utilities included 1
Studio 3
1 Bedroom 8
2 Bedroom 6

Where are Tempe Apartments Under $500?

Top Neighborhoods Sonorita, Victory acres, Mitchell park, Gililland, Escalante
Sonorita 1
Victory Acres 1
Mitchell Park 1
Gililland 1
Escalante 1
Browse Tempe Apartments
Tempe Apartments by Neighborhood
Tempe Apartments by Bedrooms
Tempe Apartments by Affordability
Tempe Apartments with Amenities
Tempe Apartments by Type
Colleges Near Tempe
Tempe Apartments by Zip Code