
Cheap Apartments for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $700 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the 525 Town Lake area of Tempe.


Solaris On University

Grandes Cortes

Margo

700 W University Dr

114 S Wilson St

Riverside Apartments

Total Monthly Price
524 W Howe St, Unit 524

Studio 710 Apartments

Axio Apartments
Phoenix's Best Affordable Neighborhoods
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Total Monthly Price
Parq on 5th

Total Monthly Price
Westmount at Downtown Tempe Apartments

407 W Howe St

1200 S Farmer Ave

330 S Beck Ave, Unit 224

616 S Hardy Dr

1315 W 5th St

Luna Bear 5th Street

Total Monthly Price
336 S Roosevelt St, Unit 2

1134 S Roosevelt St
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731 W University Dr

504 W Brown St

1245 W 1st St

617 S Roosevelt St

West 6th

Total Monthly Price
West 5th

Roosevelt Park

510 W University Dr

Hudson on Farmer

1010 W University Dr
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505 W Howe St

Palm Breeze Apartments

Villas on 4th

521 W 5th St

Encore on Farmer

Plaza East

Venture on Wilson

1333 W 5th St

Hidden Glen

524 W Howe St
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700 W University Dr

1238-1238 W 4th St

Echo Tempe

330 S Beck Ave

1238 W 4th St

Dwell at 5th and Farmer

902 and 908 W. 2nd Street

1065 W 1st St

Rio Paradiso

1200 S Farmer Ave
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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 | $1,399 | $799 | $2,158 |
| 525 Town Lake 1 Bedroom Apartments | $1,762 | $929 | $4,347 |
| 525 Town Lake 2 Bedroom Apartments | $2,159 | $1,149 | $4,826 |
| 525 Town Lake 3 Bedroom Apartments | $2,955 | $1,236 | $5,875 |
| 525 Town Lake 4 Bedroom Apartments | $4,637 | $1,005 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 65 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 1 Bed unit found at Solaris On University priced from $929. Margo has the second lowest priced unit, which is a Studio apartment currently listed from $929. 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 | P1 -1 x 1 | 1BR,1BA | $929 |
| Margo | Studio | Studio,1BA | $929 |
| Rio Paradiso | C1 | 3BR,2BA | $965 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,059 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,130 |
| Parq on 5th | Studio | Studio,1BA | $1,149 |
| Westmount at Downtown Tempe Apartments | Sunset | 2BR,1BA | $1,194 |
| Lake Point Village Condominiums | 1 Beds, 1 Baths | 1BR,1BA | $1,200 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1,299 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of July 23, 2026 the best value apartment in the 525 Town Lake area is the $1.42 price per square foot 3 Beds, 3.5 Baths Model at 430 W 7th St in the in the Downtown Tempe neighborhood starting from $3,134. The second greatest value 525 Town Lake apartment is the 2x2.5 Den, Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,950 with a $1.60 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 | $1.42 |
| Roosevelt Luxury Townhomes | 2x2.5 Den, Standard Garage | 2BR,2.5BA | $1.60 |
| The Aubrey | 2x2 | 2BR,2BA | $1.71 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Rio Paradiso | B4 Loft | 1BR,2BA | $1.62 |
| Westmount at Downtown Tempe Apartments | Coastline | 3BR,1BA | $1.65 |
| 336 S Roosevelt St, Unit 2 | 336 S Roosevelt St | 2BR,1BA | $1.30 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Lyndon Lane | Lyndon Lane Two Bedroom One Bath | 2BR,1BA | $1.66 |
| Solaris On University | P1 -1 x 1 | 1BR,1BA | $1.69 |
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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 #48
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 the Cheapest Studio apartment in 525 Town Lake?
Currently the most affordable Cheap Studio Apartment in 525 Town Lake is at Margo listed at $929.
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 $929 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 $1,194 at Westmount at Downtown Tempe Apartments.
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 Apartments and starts from $1,647.
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.
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