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Apartments in Tempe

151 - 180 of 289 Results
41
$4,300
1056 E Carter Dr
Tempe, AZ
4 BR | Jun. 1, 2026
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55
$3,795
364 S Farmer Ave Unit 364
Tempe, AZ
3 BR | Jun. 26, 2026
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Balcony/Deck/Patio
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Downtown Tempe
14
$2,100
517 W Duke Dr Unit 517
Tempe, AZ
3 BR | Available Now
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19
$1,595
1200 W University Dr
Tempe, AZ
1 BR | Jun. 1, 2026
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Gililland
12
$1,295
1201 W University Dr
Tempe, AZ
2 BR | Available Now
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Gililland
21
$1,750
916 S Hacienda Dr
Tempe, AZ
3 BR | Available Now
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Alegre Community
29
$1,950
7701 S Heather Dr
Tempe, AZ
3 BR | May. 12, 2026
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Dog Friendly
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Dava-Lakeshore
17
$1,795
3 Bed, 2 Bath Close To Asu!
1436 S Kenneth Pl Tempe, AZ
3 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Jen Tilly Terrace
27
$3,900
Lakefront Living - 2br/2ba Condo Utilities Included
945 E Playa Del Norte Dr Unit 5002 Tempe, AZ
2 BR | Ask for Availability
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House
Air Conditioning
In Unit Laundry
Fitness Center
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30
$2,500
1111 W University Dr
Tempe, AZ
1 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Dishwasher
Gililland
22
$2,649
713 S Darrow Dr
Tempe, AZ
4 BR | Available Now
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Dog Friendly
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Air Conditioning
In Unit Laundry
19
$1,300
2035 S Elm St Unit 234
Tempe, AZ
2 BR | Available Now
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Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
1
$1,350
524 W Malibu Dr #4
524 W Malibu Dr Tempe, AZ
2 BR | Available Now
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1
$1,025
2107 - 2117 S. Granada
Tempe, AZ
1 BR | Available Now
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Surface Parking
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1
$1,495
Spacious Two Bedroom Two Bath Condo In Tempe
1402 E Guadalupe Rd Tempe, AZ
2 BR | Available Now
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25
$895
1617 E Apache Blvd Unit 29
Tempe, AZ
Studio | Available Now
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Hudson Manor
7
$1,399
1133 W 5th St
Tempe, AZ
2 BR | Ask for Availability
Gililland
18
$1,900
1243 N Oleander St
Tempe, AZ
3 BR | Available Now
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House
North Tempe
19
$2,450
324 W Colt Rd
Tempe, AZ
4 BR | Available Now
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House
1
$1,175
1000-1002 S Dorsey Ln
Tempe, AZ
2 BR | Available Now
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Hudson Manor
36
$1,198
704 724 W 5th St, Unit 710-E
Tempe, AZ
1 BR | Available Now
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Mitchell Park
1
$1,845
Excellent Townhome In Tempe!
1320 S Mckemy St Tempe, AZ
3 BR | Available Now
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Disability Access
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Pool
6
$1,199
1811 E Apache Blvd
Tempe, AZ
1 BR | Available Now
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Alegre Community
15
$999
Just Remodeled Unit In Tempe 1 Bed 1 Bath No Laundry
833 W 1st St Apt A Tempe, AZ
1 BR | Ask for Availability
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House
53
$3,690
1726 W Jeanine Dr
Tempe, AZ
4 BR | Jun. 15, 2026
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House
Air Conditioning
Fitness Center
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33
$2,595
1106 E Weber Dr
Tempe, AZ
3 BR | Available Now
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Dog Friendly
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Air Conditioning
Dishwasher
North Tempe
25
$1,699 - 3,765
Mira Tempe
925 E 6th St Tempe, AZ
Studio - 2 BR | Available Now
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11
$1,644 - 3,074
The Piedmont
707 East 6Th Street Tempe, AZ
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
28
$1,349
Tremezzo on the Lake
1007 W 1st St Tempe, AZ
2 BR | May. 15, 2026
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1
$3,700
Welcome To This Beautiful 4-bedroom, 3-bathroom Home In Tempe Arizona!
2051 E Hermosa Dr Tempe, AZ
4 BR | Available Now
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151 - 180 of 289 Results
  1. Home
  2. Phoenix, AZ Area Apartments
  3. Tempe

How much does it cost to rent an apartment in Tempe?

Tempe Apartments
Bed Type Average Rent Range
Studio $1,440 $850 - $2,030
1BR $1,460 $940 - $2,600
2BR $1,680 $1,100 - $2,950
3BR $2,420 $1,760 - $5,400
4+BR $3,060 $680 - $5,770
Frequently Asked Questions

How many apartments are available in Tempe, AZ on Rentable.co?

Rentable.co has over 25,216 apartments available in Tempe.

What is the average rent for a studio apartment in Tempe, AZ?

The average rent for a studio apartment in Tempe is around $1,440 per month.

What is the average rent for a one-bedroom apartment in Tempe, AZ?

The average rent for a one-bedroom apartment in Tempe is around $1,460 per month.

What is the average rent for a two-bedroom apartment in Tempe, AZ?

The average rent for a two-bedroom apartment in Tempe is around $1,680 per month.

How expensive is it to rent an apartment in Tempe, AZ?

For a two-bedroom apartment in Tempe, the average rent price is $1,680 per month, which is similar to the national average of $1,640 per month.

Can I afford an apartment for rent in Tempe, AZ?

Based on average rent prices in Tempe, to afford a studio apartment you would need an annual household income of $58,000 to live comfortably.

Find a Tempe Apartment

Tempe is part of the larger metropolitan area of Phoenix. Tempe's population is currently at roughly 161,000. The city, like most parts of Greater Phoenix, has a flexible population, because many people move into the city each winter to enjoy the beautiful weather. The city is known for fantastic shopping, a wonderful arts scene, and for the local university.

The largest employer in the city of Tempe is Arizona State University. It employs well over double the next largest employer in town, and is an important force in the local economy. Arizona State University is truly massive, and is the largest public university in the country. The Tempe campus alone has more than 50,000 students enrolled.

When to Search

The summer is definitely the best time to look for apartments in most of Arizona, and Tempe is no exception. May is probably a good time to start looking, although starting later in the summer should yield positive results as well. Apartment vacancy is very high in Tempe, so you should only need a few weeks to find your new apartment.

Staying in the Know

Getting an apartment is not just about filling out the application. It is also about making a good impression on the landlord. Dressing professionally, showing up on time, and being respectful during your meeting are all things that your landlord will likely be evaluating when they meet with you. Make a good impression, and you give your application a much better chance of acceptance.

Life in Tempe

Transportation

Tempe has ample public transportation options. In addition to the Valley Metro bus service and the light rail line that the busses connect with, there are also two free shuttles that move through key neighborhoods, including downtown and the University. Bike lanes are almost everywhere, and the good weather encourages people to take advantage of them all year long.

Where to play

The University is home to a number of museums and exhibits that are worth visiting, including the Museum of Geology. Shopping at Arizona Mills gives shoppers access to over 175 stores. For dining or a coffee, head to the Mill Avenue District. This is also where you'll find the bars, most of which are filled with college students. Pay a visit to Four Peaks to sample beer from the largest brewery in Arizona.

Neighborhoods

Alegre Community
Alta Mira
Baseline-Hardy
Brentwood-Cavalier
Broadmor
Broadway Palms
Camelot Village
Clark Park
Corona Del Sol
Dava-Lakeshore
Duskfire
Escalante
Estate La Colina
Evergreen
Gililland
Holdeman
Hudson Manor
Hughes Acres
Jen Tilly Terrace
Kiwanis Park

Search Cities Near Tempe, AZ

Guadalupe, AZ
Mesa, AZ
Scottsdale, AZ
Gilbert, AZ
Chandler, AZ
Paradise Valley, AZ
Phoenix, AZ
Sun Lakes, AZ
Laveen, AZ
Fountain Hills, AZ
Glendale, AZ
Queen Creek, AZ
Tolleson, AZ
Apache Junction, AZ
Peoria, AZ

Campuses Nearby

Arizona State University
Rio Salado College

Tempe:
May Rent Report

Welcome to the May 2026 Tempe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Tempe rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Tempe and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Tempe average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
1 BR       2 BR

Tempe Rent Prices Decrease From April to May

Tempe rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Tempe one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Tempe experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Tempe two-bedroom apartments currently stands at $.

May Prices: Tempe vs. Surrounding Areas

Rent Prices in Tempe and Surrounding Areas

Rent prices have decreased in Tempe over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Tempe suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Tempe suburbs

  • Rents did not decrease in any of the Tempe suburbs.

May 2026 Pricing Trends: Tempe vs. National Comparisons

Tempe Rent Prices More Affordable Than Major Cities

Rent growth in Tempe over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Tempe average rent prices appear to be relatively affordable for local residents.

The price for a Tempe one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Tempe and surrounding area rent prices, take a look at the complete data set below.

Data set for Tempe and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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