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Updated 2 hours ago

Vela at Tempe Town Lake


555 N College Ave Tempe, AZ

Studio - 2 Bed
1 - 2 Bath

543 - 1,206 Sq. Ft.

Available Now
Deal

Up to 10 Weeks Free! Restrictions apply. Contact leasing team for details. Plus, lease by Aug. 5 for a chance to win free rent for one year. No purchase necessary. See official rules at www.rpmsummersweeps.com.

Studio • 1 Bath
$1,519 - $3,301
574 ft2
1 Available
Unit 2012
$1,519+
Available Jul 3rd, 2026
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Studio • 1 Bath
$1,519 - $3,301
543 ft2
1 Available
Unit 3013
$1,519+
Available Jul 3rd, 2026
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1 Bed • 1 Bath
$1,815 - $3,745
753 ft2
4 Available
Unit 1014
$1,815+
Available Now
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Unit 4047
$1,815+
Available Jul 3rd, 2026
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Unit 3005
$1,815+
Available Jul 3rd, 2026
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Unit 3037
$1,815+
Available Aug 15th, 2026
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1 Bed • 1 Bath
$1,640 - $3,466
693 ft2
5 Available
Unit 2011
$1,640+
Available Jul 3rd, 2026
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Unit 3018
$1,640+
Available Jul 12th, 2026
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Unit 1016
$1,640+
Available Aug 14th, 2026
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Unit 4050
$1,640+
Available Aug 14th, 2026
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Unit 1027
$1,640+
Available Aug 28th, 2026
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1 Bed • 1 Bath
$1,815 - $3,745
736 ft2
1 Available
Unit 1036
$1,815+
Available Jul 3rd, 2026
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1 Bed • 1 Bath
$1,850 - $4,310
695 ft2
1 Available
Unit 4035
$1,850+
Available Jul 3rd, 2026
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1 Bed • 1 Bath
$1,875 - $4,055
938 ft2
4 Available
Unit 2057
$1,875+
Available Jul 3rd, 2026
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Unit 4057
$1,875+
Available Jul 3rd, 2026
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Unit 5004
$1,875+
Available Jul 3rd, 2026
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Unit 2056
$1,875+
Available Jul 18th, 2026
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2 Beds • 2 Bath
$2,574 - $5,646
1090 ft2
2 Available
Unit 2024
$2,574+
Available Now
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Unit 4062
$2,574+
Available Now
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2 Beds • 2 Bath
$2,574 - $5,646
1087 ft2
1 Available
Unit 5017
$2,574+
Available Jul 3rd, 2026
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2 Beds • 2 Bath
$2,844 - $5,994
1169 ft2
1 Available
Unit 2059
$2,844+
Available Jul 3rd, 2026
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2 Beds • 2 Bath
$2,229 - $3,506
1206 ft2
1 Available
Unit 2038
$2,229+
Available Aug 29th, 2026
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Where you'll live
Street View
Map View
Satellite View
Amenities
Easy Access To Tempe Town Lake Beach & Amenities
Split Master Floor Plans
Kitchen Prep Island With Pendant Lighting
Beautiful Lakefront Views
Pool With Spa Cabanas
Fitness & Wellness Center With Peloton Bikes & Fitness Instruction Available
Plush Outdoor Seating With Gas Fire Pits
Meeting & Entertainment Rooms With Gorgeous
Stainless Appliances
Area, Tv's, & Serene Water Features
Ev Charge Stations
Spectacular Views
Spacious Walk-in Closets
Gourmet Kitchens
Designer Color Schemes
Quartz Countertops
Fees & leasing info
Pets
Pet Friendly Community
Number Limit:

2

Pet Rent:

$45.00 Monthly due with rent

Cat:

| Restrictions: None One time

Breed Restrictions:

No restrictions

Dog:

| Restrictions: None One time

Pet / Animal Lease Violation:

Fee issued for unauthorized pets or violations of pet policy. One time due at move-in

Pet Fee:

Pet Fee One time due at move-in

Parking
Off-street Parking
More Info:

Fee for reserved or designated parking space use and maintenance Monthly due with rent

Lease & Fees
Lease Length:

None

Concession Repayment:

Tenant repayment of rent discounts if lease terms are not met. One time due at move out

Early Lease Termination / Buyout:

Buyout for ending lease agreement before its scheduled end date. One time due at move out

Legal / Eviction Fee:

Costs associated with an eviction proceeding. One time

Mtm Flat Fee:

$500.00 One time

Mtm Percent:

Percentage of rent One time

Security Deposit (refundable):

$500.00 - $1250.00 One time due at move-in

Security Deposit Alternative:

$20.00 - $35.00 Monthly due with rent

Renter Liability - Third Party:

Expense related to required liability coverage through a third-party provider. Monthly due with rent

Property details
Description

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.

Additional Details
Space Fee: 0.00
Access Device Replacement: $75.00 One time
Amenity / Clubhouse Rental Deposit (refundable): $250.00 One time
Amenity / Clubhouse Rental Fee: $50.00 One time
Late Fee (flat): $75.00 One time
Lease Violation: Fee for non-compliance with lease terms or community policies. One time
Nsf Tenant Fee: $75.00 One time
Parking - Reserved: $75.00 Monthly due with rent
Pest Control Services: $2.00 Monthly due with rent
Trash Services - Doorstep: Fee for doorstep trash and recycle pickup service. Monthly due with rent
Rent Payment Credit Building Service: $8.95 - $14.95 Monthly due with rent
Total Unit Count: 290
Last Updated: Updated 2 hours ago
Contact Number: (520) 438-5748
Office Hours
Sunday: 10:00 AM - 4:00 PM
Monday: 9:30 AM - 5:30 PM
Tuesday: 9:30 AM - 5:30 PM
Wednesday: 9:30 AM - 5:30 PM
Thursday: 9:30 AM - 5:30 PM
Friday: 9:30 AM - 5:30 PM
Saturday: 9:00 AM - 5:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Triad Wireless, LLC 300.0 50.0
CenturyLink, Inc. 60.0 5.0
ViaSat, Inc. 35.0 3.0
Gutierrez-Palmenberg, Inc. 25.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Vela at Tempe Town Lake by bedroom type below.
Studio
Suggested income:
$54,700
per year
1 Bedroom
Suggested income:
$64,200
per year
2 Bedroom
Suggested income:
$92,100
per year
Rent report

Vela at Tempe Town Lake Rent vs. Tempe Average

 Vela at Tempe Town Lake      Tempe Average
Studio
$1,519
$1,376
$0
$500
$1,000
$1,500
$2,000
1BR
$1,784
$1,515
$0
$600
$1,200
$1,800
$2,400
2BR
$2,559
$1,779
$0
$850
$1,700
$2,550
$3,400

Vela at Tempe Town Lake is asking 44% more than the average 2 bedroom apartment in Tempe.

If you upsized to an average priced Tempe 3 bedroom apartment, you would pay 36% more per month.

If you downsized to an average priced Tempe 1 bedroom apartment, you would pay 17% less per month.

Vela at Tempe Town Lake provides 12% more square footage than the average Tempe 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Vela at Tempe Town Lake
Studio $1,519 $2.70 $4,557
1BR $1,784 $2.30 $5,353
2BR $2,559 $2.30 $7,677
Tempe Average
Studio $1,376 $2.60 $4,129
1BR $1,515 $2.10 $4,545
2BR $1,779 $1.80 $5,337
3BR $2,792 $1.90 $8,375
4BR $3,368 $1.70 $10,105

Availability in Tempe

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 881 2BR units on the market in Tempe. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 35% 45% 8% 4%
Available Units in Tempe
Studio 159
1BR 693
2BR 881
3BR 159
4BR 71
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Sun Devil Football Stadium 1.2 mi 30 min 10 min 4 min
Noble Library 1.6 mi 31 min 10 min 4 min
Hayden Library 1.8 mi 35 min 13 min 6 min
Memorial Union 1.8 mi 36 min 12 min 5 min
Sun Devil Fitness Complex 1.9 mi 36 min 12 min 5 min
Nearby Hospitals
Name Distance
Tempe St Luke's Hospital, A Campus Of St Luke's Medical Center 1.65 mi.
Ban NER Behavioral Health Hospital 3.41 mi.
Scottsdale Healthcare Osborn 3.73 mi.
Nearby Fire Stations
Name Distance
City Of Tempe Fire Department 1.31 mi.
City Of Tempe Fire Department 1.65 mi.
General Dynamics Decision Systems Fire Department 2.59 mi.
FAQs
Is this property currently leasing units?
Yes. There are 26 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 24 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 543 to 1,206 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,519 to $5,994. Vela at Tempe Town Lake has studio units available starting at $1,519, 1 bedroom units available starting at $1,640, and 2 bedroom units available starting at $2,574.
Where is this property located?
This property is at 555 N College Ave in Tempe, AZ. It's 2.5 miles northwest from the center of Tempe.
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