Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $1,000 (21 Rentals)

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

property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
property at 1065 W 1st St

1065 W 1st St

TempeAZ85281
property at 242 S Beck Ave

242 S Beck Ave

TempeAZ85281
property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
property at 242 S Beck Ave

242 S Beck Ave

TempeAZ85281
Showing Results 1-21, 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 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 ListingModel NameBed/BathPriced From
Riverside ApartmentsStudioStudio,1BA$866
Studio 710 ApartmentsSmall Studio DeluxeStudio,1BA$949
Grandes CortesStudioStudio,1BA$950
Parq on 5thStudioStudio,1BA$958
Solaris On UniversityS1 -1 x 11BR,1BA$969

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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Hardy Tempe Townhome Living3/3 Corner3BR,3BA$1.54
Roosevelt Luxury Townhomes2x2.5 Standard Garage2BR,2.5BA$1.65
Luna Bear 5th StreetB12BR,2BA$1.45
Lyndon LaneTwo Bed One Bath2BR,1BA$1.66
1314 W 3rd St, Unit 1314 W 3rd apartment un1314 W 3rd St2BR,1BA$1.66
Roosevelt Park2 Bedroom 2 Bath2BR,2BA$1.80
West 5th2BR/1.0BA2BR,1BA$1.73
Rio ParadisoA11BR,1BA$1.73
522 W Howe St, Unit 522522 W Howe St1BR,1BA$1.25
Solaris On UniversityS1 -1 x 11BR,1BA$1.79

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
525 Town Lake, Tempe, AZ

Ranked #33

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about 525 Town Lake

What type of rentals are currently available in 525 Town Lake?

There are currently 177 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $866 to $15,000. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $1,000 to $4,000.

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 $1,000 to $4,000 with an average monthly rent of $2,055.

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 $5,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $899.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.