Careers
Favorites
Advertise With Us
Log In
Home / Phoenix, AZ Area Apartments / Tempe / Vela at Tempe Town Lake
128 Photos
Photos (128)
Photos Floor Plans Amenities
Never miss out on places like this.
Create an account to get alerts when new listings become available in the Tempe area.
Email address:

Error! Please try again later.
Updated 3 hours ago

Vela at Tempe Town Lake


555 N College Ave Tempe, AZ

Studio - 2 Bed
•
1 - 2 Bath

543 - 1,128 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,531 - $2,756
543 ft2
6 Available
Unit 1009
$1,531+
Available Now
View
Unit 1020
$1,531+
Available Now
View
Unit 4017
$1,531+
Available Oct 29th, 2026
View
Unit 3013
$1,531+
Available Nov 8th, 2026
View
Unit 3021
$1,531+
Available Nov 15th, 2026
View
Unit 4021
$1,531+
Available Nov 23rd, 2026
View
View Rented Units
View More
1 Bed • 1 Bath
$1,813 - $3,653
736 ft2
1 Available
Unit 1036
$1,813+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,862 - $3,542
708 ft2
1 Available
Unit 4020
$1,862+
Available Now
View
1 Bed • 1 Bath
$1,652 - $3,367
693 ft2
3 Available
Unit 2003
$1,652+
Available Now
View
Unit 2010
$1,652+
Available Oct 31st, 2026
View
Unit 1050
$1,652+
Available Nov 17th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,813 - $3,653
753 ft2
6 Available
Unit 3029
$1,813+
Available Now
View
Unit 2037
$1,813+
Available Oct 1st, 2026
View
Unit 4014
$1,813+
Available Oct 30th, 2026
View
Unit 3047
$1,813+
Available Nov 3rd, 2026
View
Unit 4037
$1,813+
Available Nov 10th, 2026
View
Unit 1060
$1,813+
Available Nov 26th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,652 - $3,367
739 ft2
1 Available
Unit 4043
$1,652+
Available Dec 5th, 2026
View
View Rented Units
View More
2 Beds • 2 Bath
$2,183 - $3,667
1087 ft2
1 Available
Unit 3033
$2,183+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$2,183 - $3,667
1119 ft2
1 Available
Unit 2004
$2,183+
Available Oct 1st, 2026
View
View Rented Units
2 Beds • 2 Bath
$2,183 - $3,667
1128 ft2
1 Available
Unit 4068
$2,183+
Available Nov 7th, 2026
View
View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
Vela at Tempe Town Lake
Vela at Tempe Town Lake
Vela at Tempe Town Lake
Location ratings
Walk Score®
37
Car-Dependent
Transit Score®
58
Good Transit
Bike Score®
85
Very Bikeable
Amenities
Air Conditioning
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 3 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
Contact Vela at Tempe Town Lake
Your Name

Email Address

Phone Number (optional)
Request a Tour Date

Ask a Question

Error! Please try again later.
Message Sent.
A confirmation email has been sent to your inbox.
More Properties Like This
$1,250 - $1,700
Tempe La Mirage Apartments
610 E Gilbert Dr Tempe, AZ
1 - 2 BR | Available Now
0.2 miles away
$1,521 - $4,258
Northbend
906 N Miller Tempe, AZ
Studio - 2 BR | Available Now
0.8 miles away
$1,529 - $2,139
Camden Tempe
800 E Curry Rd Tempe, AZ
1 - 2 BR | Available Now
0.4 miles away
$1,589
Phoenix - Mesa - West
1920 W. Isabella Mesa, AZ
Studio | Available Now
4.8 miles away
$1,529
Phoenix - Midtown
217 W Osborn Rd Phoenix, AZ
Studio | Available Now
9.2 miles away
$1,559
Phoenix - Scottsdale - Old Town
3560 N Marshall Way Scottsdale, AZ
Studio | Available Now
3.7 miles away
$1,595
Welcome Home To The Seven On 10th Street!
4202 N 10th St Phoenix, AZ
1 BR | Available Now
8.7 miles away
$1,550
1435 E Taylor St
Phoenix, AZ
1 BR | Available Now
7.1 miles away
$3,150
4816 N Woodmere Fairway
Scottsdale, AZ
2 BR | Available Now
5.0 miles away
$1,509 - $2,489
Camden Sotelo
615 E Weber Dr Tempe, AZ
1 - 2 BR | Available Now
0.5 miles away
$1,738 - $4,060
SALT
260 E Rio Salado Pkwy Tempe, AZ
Studio - 2 BR | Available Now
0.4 miles away
$1,575 - $4,946
Shorehaven
1306 Vista Del Lago Dr Tempe, AZ
Studio - 2 BR | Available Now
0.8 miles away
View More Apartments in Tempe
Contact Property
Your Name

Email Address

Phone Number (optional)
Request a Tour Date

Ask a Question

Error! Please try again later.
Photos Floor Plans Amenities
Renters Also Viewed
$1,521 - $4,258
Northbend
906 N Miller Tempe, AZ
Studio - 2 BR | Available Now
0.8 miles away
$1,529 - $2,139
Camden Tempe
800 E Curry Rd Tempe, AZ
1 - 2 BR | Available Now
0.4 miles away
$1,509 - $2,489
Camden Sotelo
615 E Weber Dr Tempe, AZ
1 - 2 BR | Available Now
0.5 miles away
$1,738 - $4,060
SALT
260 E Rio Salado Pkwy Tempe, AZ
Studio - 2 BR | Available Now
0.4 miles away
$1,575 - $4,946
Shorehaven
1306 Vista Del Lago Dr Tempe, AZ
Studio - 2 BR | Available Now
0.8 miles away
$1,595 - $2,390
Lakeside Drive Apartments
500 West 1st Street Tempe, AZ
Studio - 2 BR | Oct. 11, 2026
1.0 miles away
$1,000
1007 N Scovel St Tempe, Az 85281
1007 N Scovel Tempe, AZ
1 BR | Available Now
0.7 miles away
$1,860 - $4,160
Mira Tempe
925 E 6th St Tempe, AZ
1 - 2 BR | Available Now
0.8 miles away
$1,255
W Th Pl
Tempe, AZ
1 BR
0.9 miles away
$1,644 - $2,374
The Piedmont
707 East 6Th Street Tempe, AZ
Studio - 2 BR | Available Now
0.8 miles away
$1,275
University Park
1005 E University Dr Tempe, AZ
2 BR | Available Now
1.0 miles away
New Properties on Rentable
$1,339 - $2,582
Aura Apache
1830 E Apache Blvd Tempe, AZ
Studio - 2 BR | Available Now
1.9 miles away
$955
S Lola Ln
Tempe, AZ
1 BR
2.4 miles away
$724
W Desiree Ln
Tempe, AZ
1 BR
4.2 miles away
$1,099 - $1,449
Thrive Tempe Apartments
1137 E Orange St Tempe, AZ
1 - 2 BR | Available Now
1.3 miles away
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:
$55,100
per year
1 Bedroom
Suggested income:
$63,500
per year
2 Bedroom
Suggested income:
$78,600
per year
Rent report

Vela at Tempe Town Lake Rent vs. Tempe Average

 Vela at Tempe Town Lake      Tempe Average
Studio
$1,531
$1,329
$0
$500
$1,000
$1,500
$2,000
1BR
$1,763
$1,481
$0
$600
$1,200
$1,800
$2,400
2BR
$2,183
$1,768
$0
$750
$1,500
$2,250
$3,000

Vela at Tempe Town Lake is asking 23% more than the average 2 bedroom apartment in Tempe.

If you upsized to an average priced Tempe 3 bedroom apartment, you would pay 33% more per month.

If you downsized to an average priced Tempe 1 bedroom apartment, you would pay 19% less per month.

Vela at Tempe Town Lake provides 10% 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 $1,531 $2.80 $4,593
1BR $1,763 $2.40 $5,290
2BR $2,183 $2.00 $6,549
Tempe Average
Studio $1,329 $2.60 $3,987
1BR $1,481 $2.00 $4,444
2BR $1,768 $1.80 $5,305
3BR $2,653 $1.90 $7,958
4BR $3,439 $1.70 $10,318

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 898 2BR units on the market in Tempe. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 34% 46% 8% 3%
Available Units in Tempe
Studio 170
1BR 653
2BR 898
3BR 153
4BR 65
Location
Nearby Colleges

Arizona State University

Arizona State University Skysong

Rio Salado College

University Of Phoenix Arizona

Gateway Community College

FAQs
Is this property currently leasing units?
Yes. There are 21 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 20 units available for move-in over the next 2 months. 7 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 543 to 1,128 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 $1,531 to $3,667. Vela at Tempe Town Lake has studio units available starting at $1,531, 1 bedroom units available starting at $1,652, and 2 bedroom units available starting at $2,183.
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.
Call Email
Popular Searches
Cities
Neighborhoods
Colleges
More Properties Like This
Other Nearby Searches