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Apartments Under $500 in Tempe, AZ

1 - 3 of 3 Results
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
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 - 3 of 3 Results

All Apartments in Tempe, AZ

30 Results
27
$1,265 - 3,366
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
$1,358 - 2,078
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
24
$1,526 - 3,283
NOVO Broadway Apartments
Deal
711 W Broadway Rd Tempe, AZ
Studio - 3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
25
3D Tour
$1,375 - 2,289
Elevate at Discovery Park
1820 E Bell De Mar Dr Tempe, AZ
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
56
$867 - 3,361
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
22
3D Tour
$1,244 - 2,211
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
78
$1,299 - 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
15
$861
E Fremont Dr
Tempe, AZ
1 BR | Ask for Availability
Contact
18
$1,400 - 1,825
2525 S McClintock
Tempe, AZ
1 - 2 BR | Feb. 20, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
26
$1,249 - 1,630
Twenty One 41
2141 E University Dr Tempe, AZ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Fitness Center
Storage
60
$899 - 1,009
Studio 710 Apartments
710 S Hardy Dr Tempe, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$1,225 - 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
19
$1,695 - 2,250
Welcome To The Harlow Apartments—modern, Gated Living In The Heart Of Tempe, Az
1917 E Broadway Rd Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
46
$3,195 - 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
1
$1,695
Roosevelt South
1009 S Roosevelt St Tempe, AZ
2 BR | Mar. 2, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
0
$1,299
Cape Cod Apartments
910 S Gary Dr Tempe, AZ
2 BR | Available Now
Contact
Cat Friendly
Pool
Hudson Manor
$1,429 - 1,924
San Marquis
577 Baseline Rd Tempe, AZ
1 - 2 BR | Available Now
Contact
Baseline-Hardy
1
$5,500
1735 E Ln
Tempe, AZ
5 BR | Aug. 7, 2026
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
18
$1,999
2402 E 5th St
Tempe, AZ
2 BR | Feb. 28, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
18
$1,150
200 E Southern Ave
Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
8
$1,050 - 1,095
Beautiful Renovations One And Two Bedrooms Located In The Heart Of Tempe!
2108 S Rural Rd Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
16
$1,150
1 Bed | 1 Bath - Central Tempe Courtyard Style Unit
2012 S Granada Dr Tempe, AZ
1 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Broadmor
18
$1,395 - 1,800
The Lennox At Tempe
1655 E Southern Ave Tempe, AZ
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Fitness Center
19
$1,049 - 1,399
The Molino Apartments
1651 W Baseline Rd Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
122
$1,460 - 2,768
Vela at Tempe Town Lake
Deal
555 N College Ave Tempe, AZ
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
29
$1,099 - 1,589
University Park
1005 E University Dr Tempe, AZ
2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
Pool
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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 195 studio apartments under $500 available for rent in Tempe.

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

Rentable.co has 623 one-bedroom apartments under $500 available for rent in Tempe.

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

Rentable.co has 637 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. Tempe Gardens
  5. Escalante

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

Welcome to the February 2026 Tempe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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 15 30 45 60 <$1,000 $1,060 $1,180 $1,300 $1,420 $1,540 $1,660 $1,780 $1,900 $2,020 $2,140 $2,260 $2,380 $2,500 $2,620 $2,740 $2,860 $2,980

Looking for Apartments Under $500 in Tempe?

Available apartments under $500 1,534
Top amenities Fitness Center, Air Conditioning, Balcony/Deck/Patio, Refrigerator, Hot Tub / Spa
Deals 16
Pet friendly 19
Studio 4
1 Bedroom 7
2 Bedroom 9

Where are Tempe Apartments Under $500?

Top Neighborhoods Sonorita, Mitchell park, Meyer park, Tempe gardens, Escalante
Sonorita 1
Mitchell Park 1
Meyer Park 1
Tempe Gardens 1
Escalante 1
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