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Apartments Under $500 in Tempe, AZ

1 - 3 of 3 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
27
$300
187 Sq Office Suite On Mcclintock/baseline! $399 Move-in Special! Ready For Immediate Move-in!
1834 E Baseline Rd Ste 106 Tempe, AZ
Studio | Ask for Availability
Contact
House
Air Conditioning
1 - 3 of 3 Results

All Apartments in Tempe, AZ

30 Results
23
3D Tour
$1,435 - 2,218
MAA Fountainhead
Deal
2520 S Plaza Dr Tempe, AZ
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
27
$1,282 - 2,966
Metro 101
Deal
2157 East Apache Boulevard Tempe, AZ
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
47
$1,185 - 1,864
909 West
5.0
909 W Grove Pkwy Tempe, AZ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
59
$1,030 - 4,195
Onnix Apartments
Deal
5.0
1500 E Broadway RD Tempe, AZ
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
60
$949 - 1,025
Studio 710 Apartments
710 S Hardy Dr Tempe, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
24
$1,519 - 3,498
NOVO Broadway Apartments
Deal
711 W Broadway Rd Tempe, AZ
1 - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
77
$1,199 - 1,949
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
22
3D Tour
$1,182 - 2,299
Garden Grove Apartment Homes
Deal
900 W Grove Pkwy Tempe, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
48
$1,589
Phoenix - Airport - Tempe
2165 West 15th Tempe, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
25
3D Tour
$1,189 - 2,491
Elevate at Discovery Park
Deal
1820 E Bell De Mar Dr Tempe, AZ
1 - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
26
$1,249 - 1,630
Twenty One 41
2141 E University Dr Tempe, AZ
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
15
$1,175 - 1,325
Aqua Apartments
1532 S Price Rd Tempe, AZ
1 - 2 BR | Dec. 12, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Pool
16
$1,495 - 1,550
Beautiful Boutique Community
5105 S Ln Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
18
$1,350 - 1,400
2525 S McClintock
Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
1
$1,095
1325 W 3Rd St
Tempe, AZ
2 BR | Available Now
Contact
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
1
$1,199 - 1,299
West 5th
601 W 5th St Tempe, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
0
$1,395
***1st Month's Rent Free** 2 Bedroom 2 Bath In The Heart Of The Asu Campus
1117 E 8th St #a1003 Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
0
$1,395
***1st Month's Rent Free** 2 Bedroom 2 Bath In The Heart Of The Asu Campus
1117 E 8th St #a3003 Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
0
$1,395
***1st Month's Rent Free** 2 Bedroom 2 Bath In The Heart Of The Asu Campus
1117 E 8th St #b1004 Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
0
$1,299
Cape Cod Apartments
910 S Gary Dr Tempe, AZ
2 BR | Available Now
Contact
Hudson Manor
1
$2,395
3 Bedroom, 2 Bath With 2 Living Areas And A Bonus Room.
1867 E Brentrup Dr Tempe, AZ
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Dava-Lakeshore
0
$1,395
***1st Month's Rent Free** 2 Bedroom 2 Bath In The Heart Of The Asu Campus
1117 E 8th St #b3005 Tempe, AZ
2 BR | Available Now
Contact
0
$1,395
**first Month's Rent Free***gorgeous 2 Bedroom 2 Bath Right In The Heart Of The Asu Campus
1117 E 8th St #c2007 Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
0
$1,395
***1st Month's Rent Free** 2 Bedroom 2 Bath In The Heart Of The Asu Campus
1117 E 8th St #a1002 Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
$1,429 - 1,924
San Marquis
577 Baseline Rd Tempe, AZ
1 - 2 BR | Available Now
Contact
Baseline-Hardy
1
$2,150
Great 3 Bedroom 2 Bath Home
1052 E. Carter Dr. Tempe, AZ
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Superstition
0
$1,785
The Harlow Apartments
1917 E Broadway Rd Tempe, AZ
2 BR | Available Now
Contact
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
27
$1,650 - 1,750
2402 E 5th St
Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Fitness Center
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  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 3 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 194 studio apartments under $500 available for rent in Tempe.

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

Rentable.co has 614 one-bedroom apartments under $500 available for rent in Tempe.

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

Rentable.co has 626 two-bedroom apartments under $500 available for rent in Tempe.

Can I afford a apartment under $500 in Tempe, AZ?

To comfortably afford a apartment under $500 in Tempe based on average rent prices, a household would need an annual income of $12,000.

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

  1. Sonorita
  2. Mitchell Park
  3. Meyer Park
  4. Escalante
  5. Alegre Community

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

Welcome to the December 2025 Tempe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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 10 20 30 40 <$900 $940 $1,020 $1,100 $1,180 $1,260 $1,340 $1,420 $1,500 $1,580 $1,660 $1,740 $1,820 >$1,900

Looking for Apartments Under $500 in Tempe?

Available apartments under $500 1,517
Top amenities Fitness Center, Air Conditioning, Covered Parking, Refrigerator, Hot Tub / Spa
Deals 11
Pet friendly 18
Studio 4
1 Bedroom 5
2 Bedroom 9

Where are Tempe Apartments Under $500?

Top Neighborhoods Sonorita, Mitchell park, Meyer park, Escalante, Alegre community
Sonorita 1
Mitchell Park 1
Meyer Park 1
Escalante 1
Alegre Community 1
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