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Apartments Under $500 in Tempe, AZ

1 - 1 of 1 Result
81
$499
PER
ROOM
The Carmin
4.2
1000 E Apache Blvd Tempe, AZ
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
1 - 1 of 1 Results

All Apartments in Tempe, AZ

30 Results
47
$1,388 - 1,973
909 West
Deal
5.0
909 W Grove Pkwy Tempe, AZ
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
42
$1,262 - 3,676
Metro 101
Deal
2157 East Apache Boulevard Tempe, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
24
$1,433 - 3,832
NOVO Broadway Apartments
Deal
711 W Broadway Rd Tempe, AZ
Studio - 3 BR | Available Now
Contact
Furnished
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
25
3D Tour
$1,291 - 2,954
Elevate at Discovery Park
Deal
1820 E Bell De Mar Dr Tempe, AZ
1 - 3 BR | Available Now
Contact
Furnished
Virtual Tour
Luxury
Air Conditioning
Covered Parking
22
3D Tour
$1,199 - 2,513
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
38
$1,619
Phoenix - Airport - Tempe
Deal
2165 West 15th Tempe, AZ
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
29
$1,028 - 3,563
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
15
$960
E Fremont Dr
Tempe, AZ
1 BR | Ask for Availability
Contact
17
$1,199 - 1,325
Aqua Apartments
1532 S Price Rd Tempe, AZ
1 - 2 BR | Nov. 9, 2026
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
18
$1,300 - 1,500
2525 S McClintock
Tempe, AZ
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Fitness Center
$1,429 - 1,924
San Marquis
577 Baseline Rd Tempe, AZ
1 - 2 BR | Available Now
Contact
Baseline-Hardy
1
$1,150
1433 S Kenneth Pl
Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Hudson Manor
54
$1,363 - 2,495
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
$1,900
***move In Special***3 Bedroom 3 Bath End Unit Townhome In Gated Questa Vida
850 S River Dr Tempe, AZ
3 BR | Available Now
Contact
Cat Friendly
House
Balcony/Deck/Patio
Storage
Disability Access
1
$1,299
West 5th
601 W 5th St Tempe, AZ
2 BR | Nov. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
1
$1,045 - 1,095
Stanley
1433 S Stanley Pl Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$1,500
1873 E University Dr
Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
Alegre Community
1
$1,550
1867 E University Dr
Tempe, AZ
2 BR | Available Now
Contact
Dishwasher
Alegre Community
1
$1,300
809 W 1st St
Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$2,735
Comming Soon Early November 2027 - Walking Distance To Asu 3 Bedroom 2.5 Baths
1020 E Spence Ave #1003 Tempe, AZ
3 BR | Nov. 1, 2027
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Jen Tilly Terrace
1
$1,350
835 W 3rd 835 W 3rd St (330 S Carney Ave)
835 W 3rd St Tempe, AZ
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Mitchell Park
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
21
$699 - 1,199
PER
ROOM
University Valley
1115 E Lemon St Tempe, AZ
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Balcony/Deck/Patio
Fitness Center
28
$1,399
Tremezzo on the Lake
Deal
1007 W 1st St Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
27
$1,738 - 8,280
SALT
Deal
260 E Rio Salado Pkwy Tempe, AZ
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
21
$1,140 - 2,143
Asteria Apartment Homes
Deal
1975 University Dr Tempe, AZ
1 - 2 BR | Available Now
Contact
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
Alegre Community
38
$1,800
5264 S Deborah Dr
Tempe, AZ
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
30
$799
PER
ROOM
Lofts on 8th | Student Housing
5.0
1403 SE 8Th St Tempe, AZ
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
In Unit Laundry
  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 is 1 apartment under $500 in Tempe currently available for rent on Rentable.co.

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

Rentable.co has 56 studio apartments under $500 available for rent in Tempe.

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

Rentable.co has 306 one-bedroom apartments under $500 available for rent in Tempe.

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

Rentable.co has 437 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. Jen Tilly Terrace
  3. Mitchell Park
  4. Alegre Community

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

Welcome to the October 2026 Tempe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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 17 35 52 70 <$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 >$2,640

Looking for Apartments Under $500 in Tempe?

Available apartments under $500 725
Top amenities Air Conditioning, Dishwasher, Balcony/Deck/Patio, Ceiling Fans, Hot Tub / Spa
Deals 13
Pet friendly 3
Studio 3
1 Bedroom 6
2 Bedroom 5
Square footage 172 - 1,758

Where are Tempe Apartments Under $500?

Top Neighborhoods Sonorita, Jen tilly terrace, Mitchell park, Alegre community
Sonorita 1
Jen Tilly Terrace 1
Mitchell Park 1
Alegre Community 1
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