820 W 9th St
TempeAZ85281
Cheap Apartments for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the 525 Town Lake area of Tempe.
1311 W Elna Rae St
TempeAZ85281
1311 W Elna Rae St
TempeAZ85281
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from $9001 to 2 Bedroom Apartments Available Now
Axio Apartments
740 W University DrTempe, AZ 85281
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from $975Studio to 2 Bedroom Apartments Available Now
Lyndon Lane
1548 W University DrTempe, AZ 85281
600 S Roosevelt St
TempeAZ85281
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from $1,0191 to 2 Bedroom Apartments Available Jun 20
Solaris On University
1314 W University DrTempe, AZ 85281
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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from $1,025Studio to 2 Bedroom Apartments Available Now
Riverside Apartments
625 W 1st StTempe, AZ 85281
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from $1,050Studio to 1 Bedroom Apartments Available Now
Villas on 4th
1218-1246 W 4th StTempe, AZ 85281
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from $1,109Studio to 1 Bedroom Apartments Available Now
Grandes Cortes
1150 W University DrTempe, AZ 85281
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from $1,185Studio to 2 Bedroom Apartments Available Now
Paseo on University
1255 E University DrTempe, AZ 85281
700 W University Dr
TempeAZ85281
604 S Roosevelt St
TempeAZ85281
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from $1,224Studio to 4 Bedroom Apartments Available Now
Northbend
906 N Miller RdTempe, AZ 85288
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $1,2501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
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615 S Hardy Dr
TempeAZ85281
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from $1,380Studio to 3 Bedroom Apartments Available Now
Skywater at Tempe Town Lake
601 W Rio Salado PkyTempe, AZ 85281
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from $1,4501 to 2 Bedroom Apartments Available Now
Roosevelt Park
210-220 S Roosevelt StTempe, AZ 85281
1033 N Parkside Dr
TempeAZ85288
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,450Studio to 3 Bedroom Apartments Available Now
The Aubrey
1003 W Washington StTempe, AZ 85288
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from $1,500Studio to 2 Bedroom Apartments Available Now
Trovita Rio
701 W Rio Salado PkyTempe, AZ 85281
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from $1,5502 Bedroom Apartments Available Now
McKemy at Tempe Town Lake
109 S McKemy StTempe, AZ 85281
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from $1,599Studio to 4 Bedroom Apartments Available Now
West 6th
115 W 6th StTempe, AZ 85281
850 W 9th St
TempeAZ85281
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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Showing Results 1-45, Page 1 of 1
525 Town Lake, Tempe, AZ Local Guide
How much does it cost to rent an apartment in 525 Town Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 525 Town Lake Studio Apartments | $1,593 | $899 | $2,934 |
| 525 Town Lake 1 Bedroom Apartments | $1,854 | $850 | $4,355 |
| 525 Town Lake 2 Bedroom Apartments | $2,247 | $1,100 | $5,454 |
| 525 Town Lake 3 Bedroom Apartments | $3,318 | $1,004 | $10,000+ |
| 525 Town Lake 4 Bedroom Apartments | $4,379 | $899 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 1 mile radius of the 525 Town Lake Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
525 Town Lake, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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Cheapest Available 525 Town Lake Apartments for Rent
The cheapest available apartment rental in the 525 Town Lake area of Phoenix, AZ is a Studio unit found at Margo priced from $899. Axio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Margo | Studio | Studio,1BA | $899 |
| Axio Apartments | 1x1 | 1BR,1BA | $900 |
| Lyndon Lane | One Bed One Bath | 1BR,1BA | $975 |
| Studio 710 Apartments | Small Studio- Upgraded | Studio,1BA | $1,040 |
| Villas on 4th | Studio | Studio,1BA | $1,050 |
| Parq on 5th | Studio | Studio,1BA | $1,099 |
| Grandes Cortes | Studio | Studio,1BA | $1,109 |
| Paseo on University | One-Bedroom Student Apartments Near ASU | 1BR,1BA | $1,185 |
| Riverside Apartments | 1x1 | 1BR,1BA | $1,194 |
| Tremezzo on the Lake | A1R | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of June 19, 2025 the best value apartment in the 525 Town Lake area is the $1.72 price per square foot 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,700. The second greatest value 525 Town Lake apartment is the C1 Model at The Fredrick Tempe starting at $2,800 with a $2.11 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for 525 Town Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| The Fredrick Tempe | C1 | 3BR,2BA | $2.11 |
| SALT | Studio | Studio ,1BA | $2.23 |
| McKemy at Tempe Town Lake | 2x1 | 2BR,1BA | $2.07 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $2.07 |
| Riverside Apartments | 1x1 | 1BR,1BA | $1.84 |
| 1228 W 4th St, Unit 1 | 1228 W 4th St | 1BR,1BA | $2.21 |
| Tremezzo on the Lake | A1R | 1BR,1BA | $2.15 |
| Axio Apartments | 1x1 | 1BR,1BA | $1.73 |
| Furnished 1 bed / 1 bath in a 4 bedroom | 1 bedroom1 bath | 4BR,4BA | $1.99 |
Quick Rent Budget Calculator
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Pet Friendly Lifestyle525 Town Lake, Tempe, AZ
Ranked #35
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Arizona, including Tempe. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap 525 Town Lake Apartments
What is a cheap apartment in 525 Town Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in 525 Town Lake is under $1,199.
What is the price of a cheap apartment in 525 Town Lake?
The cheapest apartment in 525 Town Lake is Axio Apartments which is listed at $900, while the average apartment in 525 Town Lake costs $2,930.
What types of apartments are the cheapest in 525 Town Lake?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in 525 Town Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in 525 Town Lake?
Cheap apartments in 525 Town Lake have an average cost of $1,079 which is $1,851 cheaper than the average rent for all rentals in 525 Town Lake.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.