
Cheap Apartments for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the 525 Town Lake area of Tempe.


Solaris On University

Grandes Cortes

120 E Rio Salado Pkwy, Unit 201

Margo

Total Monthly Price
Parq on 5th

1214 S Roosevelt St, Unit B

Riverside Apartments

Total Monthly Price
Westmount at Downtown Tempe Apartments

700 W University Dr, Unit 125
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Studio 710 Apartments

1315 W 5th St

1214 S Roosevelt St

1201 W University Dr

Luna Bear 5th Street

Axio Apartments

731 W University Dr

Total Monthly Price
336 S Roosevelt St, Unit 2

Total Monthly Price
West 5th

Roosevelt Park
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West 6th

617 S Roosevelt St

1245 W 1st St

700 W University Dr

Hudson on Farmer

Total Monthly Price
Trovita Rio

1010 W University Dr

Palm Breeze Apartments

Villas on 4th

Encore on Farmer
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Plaza East

Venture on Wilson

Hidden Glen

Echo Tempe

1343 W 3rd St

Dwell at 5th and Farmer

902 and 908 W. 2nd Street

Mockingbird Palms Apartments

Parkview on 5th

330 S Beck Ave
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Plaza East

Rio Paradiso

Wilson Studios

1203 W University Dr

616 S Hardy Dr

731 W University Dr

Tremezzo on the Lake

The Local Tempe Luxury Apartments

Pecan Grove Estates

510 W University Dr
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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 | $1,398 | $899 | $1,929 |
| 525 Town Lake 1 Bedroom Apartments | $1,731 | $969 | $2,500 |
| 525 Town Lake 2 Bedroom Apartments | $2,209 | $1,149 | $4,826 |
| 525 Town Lake 3 Bedroom Apartments | $2,893 | $1,004 | $5,348 |
| 525 Town Lake 4 Bedroom Apartments | $5,300 | $1,135 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 1 mile radius of the 525 Town Lake Neighborhood of Tempe, AZ.
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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 Solaris On University priced from $899. Grandes Cortes 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Solaris On University | Studio | Studio,1BA | $899 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Margo | Studio | Studio,1BA | $929 |
| Parq on 5th | Studio | Studio,1BA | $980 |
| Hidden Glen | 1X1 | 1BR,1BA | $1,050 |
| Riverside Apartments | Studio | Studio,1BA | $1,066 |
| Westmount at Downtown Tempe Apartments | Sunrise | 1BR,1BA | $1,095 |
| Dwell at 5th and Farmer | 0 Bed/1 Bath | Studio,1BA | $1,174 |
| Rio Paradiso | A1 | 1BR,1BA | $1,270 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1,299 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of June 07, 2026 the best value apartment in the 525 Town Lake area is the $1.48 price per square foot 3 Beds, 3.5 Baths Model at 430 W 7th St in the in the Downtown Tempe neighborhood starting from $3,250. The second greatest value 525 Town Lake apartment is the Two Bedroom 2.5 Bathroom Model at Dolce Villagio Townhomes starting at $2,125 with a $1.78 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. |
|---|---|---|---|
| 430 W 7th St | 3 Beds, 3.5 Baths | 3BR,3.5BA | $1.48 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Rio Paradiso | B2 | 2BR,2BA | $1.73 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Lyndon Lane | Lyndon Lane Two Bedroom One Bath | 2BR,1BA | $1.66 |
| 312 S Wilson St, Unit Wilson Commons | 312 S Wilson St | 2BR,1BA | $1.83 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.78 |
| Union Tempe | 2x1FL | 2BR,1BA | $1.93 |
| Westmount at Downtown Tempe Apartments | Sunrise | 1BR,1BA | $1.83 |
| Hidden Glen | 1X1 | 1BR,1BA | $1.98 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly Lifestyle525 Town Lake, Tempe, AZ
Ranked #50
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 the Cheapest Studio apartment in 525 Town Lake?
Currently the most affordable Cheap Studio Apartment in 525 Town Lake is at Solaris On University listed at $899.
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 $1,029 at Solaris On University.
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 $1,149 at Solaris On University.
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 Union Tempe and starts from $1,325.
Expert Rental Resources
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

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