Cheap Apartments for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $600 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 525 Town Lake area of Tempe.

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Plaza East
1 Bedroom Apartments

Plaza East

807 W 3rd StTempe, AZ 85281
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Encore on Farmer
1 to 2 Bedroom Apartments

Encore on Farmer

601 S Farmer AveTempe, AZ 85281
Senior Living
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Villa Nicole
2 Bedroom Apartments

Villa Nicole

1014 S Farmer AveTempe, AZ 85281
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Parkview on 5th
1 to 2 Bedroom Apartments

Parkview on 5th

704-724 W 5th StTempe, AZ 85281

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Wilson Studios
Studio Apartments

Wilson Studios

110-114 S Wilson StTempe, AZ 85281
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Pecan Grove Estates
1 to 2 Bedroom Apartments

Pecan Grove Estates

1233 W 4th StTempe, AZ 85281
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Showing Results 1-39, Page 1 of 1

525 Town Lake, Tempe, AZ Local Guide

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 Villas on 4th priced from $875. Margo has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Villas on 4thStudioStudio,1BA$875
MargoStudioStudio,1BA$899
Lyndon LaneOne Bed One Bath1BR,1BA$975
Studio 710 ApartmentsSmall Studio- UpgradedStudio,1BA$999
Parq on 5thStudioStudio,1BA$1,032
Riverside ApartmentsStudioStudio,1BA$1,102
Grandes CortesStudioStudio,1BA$1,109
Westmount at Downtown TempeSunset Classic2BR,1BA$1,250
West 5th1BR/1.0BA1BR,1BA$1,350
Luna Bear 5th StreetB12BR,2BA$1,375

Best Value Apartments for Rent in 525 Town Lake, AZ

As of August 06, 2025 the best value apartment in the 525 Town Lake area is the $1.41 price per square foot 2x2.5 Den, Standard Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,600. The second greatest value 525 Town Lake apartment is the B1 Model at Luna Bear 5th Street starting at $1,375 with a $1.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roosevelt Luxury Townhomes2x2.5 Den, Standard Garage2BR,2.5BA$1.41
Luna Bear 5th StreetB12BR,2BA$1.45
1245 W 4th St, Unit 21245 W 4th St2BR,2BA$2.03
The AubreyOlivia1BR,1BA$1.97
SALTStudioStudio ,1BA$2.02
McKemy at Tempe Town Lake2x12BR,1BA$1.99
Tremezzo on the LakeB1R2BR,1BA$2.12
West 5th1BR/1.0BA1BR,1BA$1.94
Dwell at 5th and Farmer1 Bed/1 Bath1BR,1BA$2.06
MargoStudioStudio ,1BA$2.25

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Pet Friendly Lifestyle
525 Town Lake, Tempe, AZ

Ranked #31

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 the Cheapest Studio apartment in 525 Town Lake?

Currently the most affordable Cheap Studio Apartment in 525 Town Lake is at Villas on 4th listed at $875.

How much is rent for a Cheap One Bedroom 525 Town Lake Apartment?

The lowest price for a Cheap One Bedroom 525 Town Lake Apartment is $975 at Lyndon Lane.

What is the lowest price for a Cheap Two Bedroom 525 Town Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 525 Town Lake is starting from $1,250 at Westmount at Downtown Tempe.

What is the most affordable 525 Town Lake Three Bedroom Apartment?

The best deal on a cheap 525 Town Lake Three Bedroom Apartment rental is at Westmount at Downtown Tempe and starts from $1,795.

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.

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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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).

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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