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Home / Phoenix, AZ Area Apartments / Tempe / Vela at Tempe Town Lake
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Updated 35 minutes 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.
Floor plans
Studio • 1 Bath
$1,288 - $3,282
543 ft2
6 Available
Unit 1019
$1,288+
Available Now
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Unit 3001
$1,288+
Available Now
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Unit 4021
$1,288+
Available Now
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Unit 3013
$1,288+
Available Apr 2nd, 2026
View
Unit 2015
$1,288+
Available Apr 2nd, 2026
View
Unit 4025
$1,288+
Available May 18th, 2026
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View Rented Units
Studio • 1 Bath
$1,288 - $3,282
574 ft2
4 Available
Unit 4019
$1,288+
Available Apr 2nd, 2026
View
Unit 3012
$1,288+
Available Apr 4th, 2026
View
Unit 3019
$1,288+
Available May 7th, 2026
View
Unit 2012
$1,288+
Available May 17th, 2026
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1 Bed • 1 Bath
$1,999 - $3,708
695 ft2
1 Available
Unit 1035
$1,999+
Available Now
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View Rented Units
1 Bed • 1 Bath
$2,080 - $3,900
938 ft2
2 Available
Unit 5004
$2,080+
Available Apr 1st, 2026
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Unit 4057
$2,080+
Available Apr 28th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,615 - $3,231
693 ft2
4 Available
Unit 1040
$1,615+
Available Apr 2nd, 2026
View
Unit 1011
$1,615+
Available Apr 2nd, 2026
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Unit 1012
$1,615+
Available Apr 2nd, 2026
View
Unit 4018
$1,615+
Available Apr 12th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,774 - $3,813
900 ft2
2 Available
Unit 2051
$1,820+
Available Apr 2nd, 2026
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Unit 2066
$1,774+
Available May 10th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,820 - $3,813
753 ft2
3 Available
Unit 1029
$1,820+
Available Apr 2nd, 2026
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Unit 1014
$1,820+
Available Apr 9th, 2026
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Unit 4047
$1,820+
Available May 4th, 2026
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2 Beds • 2 Bath
$2,143 - $4,133
1090 ft2
3 Available
Unit 4062
$2,143+
Available Apr 2nd, 2026
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Unit 2024
$2,143+
Available Apr 2nd, 2026
View
Unit 5010
$2,143+
Available May 1st, 2026
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View Rented Units
2 Beds • 2 Bath
$2,143 - $4,133
1087 ft2
2 Available
Unit 1013
$2,143+
Available Apr 2nd, 2026
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Unit 4028
$2,143+
Available Apr 4th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,999 - $3,499
1206 ft2
1 Available
Unit 2032
$1,999+
Available May 7th, 2026
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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
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

Parking
Off-street Parking
Lease & Fees
Lease Length:

None

Admin Fee: $250.00
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
Total Unit Count: 290
Last Updated: Updated 35 minutes 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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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:
$46,400
per year
1 Bedroom
Suggested income:
$65,100
per year
2 Bedroom
Suggested income:
$76,300
per year
Rent report

Vela at Tempe Town Lake Rent vs. Tempe Average

 Vela at Tempe Town Lake      Tempe Average
Studio
$1,288
$1,457
$0
$500
$1,000
$1,500
$2,000
1BR
$1,807
$1,635
$0
$600
$1,200
$1,800
$2,400
2BR
$2,119
$1,875
$0
$700
$1,400
$2,100
$2,800

Vela at Tempe Town Lake is asking 13% more than the average 2 bedroom apartment in Tempe.

If you upsized to an average priced Tempe 3 bedroom apartment, you would pay 32% more per month.

If you downsized to an average priced Tempe 1 bedroom apartment, you would pay 15% less per month.

Vela at Tempe Town Lake provides 9% 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 $1,288 $2.30 $3,864
1BR $1,807 $2.30 $5,421
2BR $2,119 $1.90 $6,357
Tempe Average
Studio $1,457 $2.60 $4,370
1BR $1,635 $2.20 $4,905
2BR $1,875 $1.80 $5,624
3BR $2,758 $2.00 $8,273
4BR $3,129 $1.70 $9,386

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 765 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% 37% 40% 8% 4%
Available Units in Tempe
Studio 175
1BR 701
2BR 765
3BR 146
4BR 81
Location
Nearby Colleges

Arizona State University

Arizona State University Skysong

Rio Salado College

University Of Phoenix Arizona

Gateway Community College

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 29 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 29 units available for move-in over the next 2 months. 4 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 $1,288 to $4,133. Vela at Tempe Town Lake has studio units available starting at $1,288, 1 bedroom units available starting at $1,615, and 2 bedroom units available starting at $1,999.
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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