
Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the 525 Town Lake area of Tempe.


120 E Rio Salado Pkwy, Unit 201

1214 S Roosevelt St, Unit B

700 W University Dr, Unit 125

1315 W 5th St

1343 W 3rd St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

330 S Beck Ave

1203 W University Dr

616 S Hardy Dr

731 W University Dr

731 W University Dr

617 S Roosevelt St
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510 W University Dr
525 Town Lake, Tempe, AZ Local Guide

How much does it cost to rent a home in 525 Town Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 525 Town Lake 2 Bedroom Homes for Rent | $2,047 | $1,100 | $4,000 |
| 525 Town Lake 3 Bedroom Homes for Rent | $3,023 | $2,850 | $3,250 |
| 525 Town Lake 4 Bedroom Homes for Rent | $3,680 | $2,400 | $5,600 |
| 525 Town Lake 5 Bedroom Homes for Rent | $3,755 | $2,795 | $5,000 |
| 525 Town Lake 6 Bedroom Homes for Rent | $699 | $699 | $699 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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
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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 |
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
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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
Frequently Asked Questions about 525 Town Lake
What type of rentals are currently available in 525 Town Lake?
There are currently 170 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $899 to $13,500. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $699 to $5,600.
What is the current price range for Rental Homes in 525 Town Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in 525 Town Lake ranges from $699 to $5,600 with an average monthly rent of $2,461.
How much are larger Three and Four Bedroom Rentals in 525 Town Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 525 Town Lake range from $1,004 to $5,348, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,135.
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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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.