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$866 - $1,537Studio to 2 Bedroom Apartments Available Now
Riverside Apartments
625 W 1st StTempe, AZ 85281
Cheap Apartments for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the 525 Town Lake area of Tempe.
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1037 S Farmer Ave
TempeAZ85281
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$949 - $1,050Studio Apartments Available Now
Studio 710 Apartments
710 S Hardy DrTempe, AZ 85281
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$950 - $1,239Studio to 1 Bedroom Apartments Available Now
Grandes Cortes
1150 W University DrTempe, AZ 85281
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$969 - $1,3991 to 2 Bedroom Apartments Available Now
Solaris On University
1314 W University DrTempe, AZ 85281
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423 S Mitchell Dr
TempeAZ85281
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1223 W University Dr
TempeAZ85281
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$1,094 - $1,9501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
700 W University Dr
TempeAZ85281
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$1,199 - $1,2991 to 2 Bedroom Apartments Available Now
West 5th
601 W 5th StTempe, AZ 85281
906 S Farmer Ave
TempeAZ85281
828 W 2nd St
TempeAZ85281
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616 S Hardy Dr
TempeAZ85281
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615 S Hardy Dr
TempeAZ85281
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$1,363 - $1,7991 to 2 Bedroom Apartments Available Now
Residences on Farmer
615 S Farmer AveTempe, AZ 85281
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$1,375 - $1,5002 Bedroom Apartments Available Now
Luna Bear 5th Street
1133 W 5th StTempe, AZ 85281
1033 N Parkside Dr
TempeAZ85288
242 S Beck Ave
TempeAZ85281
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$1,4902 Bedroom Apartment Available Now
1314 W 3rd St, Unit 1314 W 3rd apartment un
1314 W 3rd StTempe, AZ 85281
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$1,495 - $1,5802 Bedroom Apartments Available Now
Lyndon Lane
1548 W University DrTempe, AZ 85281
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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 | $1,348 | $866 | $2,131 |
| 525 Town Lake 1 Bedroom Apartments | $1,916 | $875 | $5,674 |
| 525 Town Lake 2 Bedroom Apartments | $2,194 | $1,094 | $9,000 |
| 525 Town Lake 3 Bedroom Apartments | $2,662 | $1,004 | $5,782 |
| 525 Town Lake 4 Bedroom Apartments | $3,159 | $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
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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 Riverside Apartments priced from $866. Studio 710 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments | Studio | Studio,1BA | $866 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $949 |
| Grandes Cortes | Studio | Studio,1BA | $950 |
| Parq on 5th | Studio | Studio,1BA | $958 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $969 |
| Hidden Glen | 1X1 | 1BR,1BA | $1,050 |
| Dwell at 5th and Farmer | 0 Bed/1 Bath | Studio,1BA | $1,099 |
| West 5th | 1BR/1.0BA | 1BR,1BA | $1,199 |
| Union Tempe | 3x2TH | 3BR,2BA | $1,200 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of November 07, 2025 the best value apartment in the 525 Town Lake area is the $1.54 price per square foot 3/3 Corner Model at The Hardy Tempe Townhome Living in the in the Downtown Tempe neighborhood starting from $2,621. The second greatest value 525 Town Lake apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,595 with a $1.65 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. |
|---|---|---|---|
| The Hardy Tempe Townhome Living | 3/3 Corner | 3BR,3BA | $1.54 |
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.65 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.45 |
| Lyndon Lane | Two Bed One Bath | 2BR,1BA | $1.66 |
| 1314 W 3rd St, Unit 1314 W 3rd apartment un | 1314 W 3rd St | 2BR,1BA | $1.66 |
| Roosevelt Park | 2 Bedroom 2 Bath | 2BR,2BA | $1.80 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.73 |
| Rio Paradiso | A1 | 1BR,1BA | $1.73 |
| 522 W Howe St, Unit 522 | 522 W Howe St | 1BR,1BA | $1.25 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1.79 |
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Pet Friendly Lifestyle525 Town Lake, Tempe, AZ
Ranked #33
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,200.
What is the price of a cheap apartment in 525 Town Lake?
The cheapest apartment in 525 Town Lake is Solaris On University which is listed at $969, while the average apartment in 525 Town Lake costs $2,525.
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 48 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 $1,112 which is $1,413 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).
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.