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Updated 5 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.

Studio • 1 Bath
$1,563 - $3,018
543 ft2
3 Available
Unit 1009
$1,563+
Available Sep 6th, 2026
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Unit 1020
$1,563+
Available Sep 12th, 2026
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Unit 3025
$1,563+
Available Sep 28th, 2026
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Studio • 1 Bath
$1,563 - $3,018
574 ft2
1 Available
Unit 3019
$1,563+
Available Oct 8th, 2026
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1 Bed • 1 Bath
$1,735 - $4,193
736 ft2
1 Available
Unit 1036
$1,735+
Available Now
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1 Bed • 1 Bath
$1,854 - $3,841
938 ft2
2 Available
Unit 2057
$1,854+
Available Now
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Unit 2056
$1,854+
Available Now
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1 Bed • 1 Bath
$1,735 - $4,193
753 ft2
5 Available
Unit 3005
$1,735+
Available Now
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Unit 3037
$1,735+
Available Aug 15th, 2026
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Unit 3029
$1,735+
Available Sep 2nd, 2026
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Unit 3060
$1,735+
Available Sep 7th, 2026
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Unit 2037
$1,735+
Available Sep 15th, 2026
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1 Bed • 1 Bath
$1,726 - $3,480
739 ft2
1 Available
Unit 3045
$1,726+
Available Now
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1 Bed • 1 Bath
$1,735 - $4,193
775 ft2
1 Available
Unit 2061
$1,735+
Available Now
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2 Beds • 2 Bath
$2,130 - $5,400
1090 ft2
1 Available
Unit 2024
$2,130+
Available Now
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2 Beds • 2 Bath
$2,140 - $3,909
1206 ft2
3 Available
Unit 2038
$2,140+
Available Aug 29th, 2026
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Unit 1038
$2,140+
Available Sep 18th, 2026
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Unit 4023
$2,140+
Available Sep 21st, 2026
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2 Beds • 2 Bath
$2,130 - $5,400
1087 ft2
1 Available
Unit 3033
$2,130+
Available Sep 1st, 2026
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2 Beds • 2 Bath
$2,130 - $5,400
1128 ft2
1 Available
Unit 4069
$2,130+
Available Sep 17th, 2026
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2 Beds • 2 Bath
$2,130 - $5,400
1119 ft2
1 Available
Unit 2004
$2,130+
Available Oct 1st, 2026
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Where you'll live
Street View
Map View
Satellite View
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 5 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:
$56,300
per year
1 Bedroom
Suggested income:
$63,600
per year
2 Bedroom
Suggested income:
$76,900
per year
Rent report

Vela at Tempe Town Lake Rent vs. Tempe Average

 Vela at Tempe Town Lake      Tempe Average
Studio
$1,563
$1,329
$0
$550
$1,100
$1,650
$2,200
1BR
$1,767
$1,481
$0
$600
$1,200
$1,800
$2,400
2BR
$2,135
$1,768
$0
$700
$1,400
$2,100
$2,800

Vela at Tempe Town Lake is asking 21% 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 14% 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 $1,563 $2.80 $4,689
1BR $1,767 $2.30 $5,300
2BR $2,135 $1.90 $6,405
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 974 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% 33% 46% 8% 4%
Available Units in Tempe
Studio 181
1BR 710
2BR 974
3BR 169
4BR 76
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 24 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. 8 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 $1,563 to $5,400. Vela at Tempe Town Lake has studio units available starting at $1,563, 1 bedroom units available starting at $1,726, and 2 bedroom units available starting at $2,130.
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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