Cheap Homes for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $600 (26 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 505 W Howe St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2 Bath Home for Rent

Available Now

505 W Howe St

TempeAZ85281
property at 521 W 5th St

$895

1 Bedroom, 1 Bath Townhome for Rent

Available Now

521 W 5th St

TempeAZ85281
property at 700 W University Dr

$950 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,100

Total Monthly Price
$950 - $1,100

1 To 2 Bedroom Condos for Rent

Available Now

Phoenix's Best Affordable Neighborhoods

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property at 407 W Howe St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

407 W Howe St

TempeAZ85281

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property at 1200 S Farmer Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1200 S Farmer Ave

TempeAZ85281

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property at 731 W University Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Aug 15

property at 504 W Brown St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

504 W Brown St

TempeAZ85281

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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 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 ListingModel NameBed/BathPriced From
Solaris On UniversityP1 -1 x 11BR,1BA$929
MargoStudioStudio,1BA$929
Rio ParadisoC13BR,2BA$965
Studio 710 ApartmentsSmall Studio DeluxeStudio,1BA$1,059
Axio Apartments1x11BR,1BA$1,130
Parq on 5thStudioStudio,1BA$1,149
Westmount at Downtown Tempe ApartmentsSunset2BR,1BA$1,194
Lake Point Village Condominiums1 Beds, 1 Baths1BR,1BA$1,200
Luna Bear 5th StreetB12BR,2BA$1,299

Best Value Apartments for Rent in 525 Town Lake, AZ

As of July 22, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
430 W 7th St3 Beds, 3.5 Baths3BR,3.5BA$1.42
Roosevelt Luxury Townhomes2x2.5 Den, Standard Garage2BR,2.5BA$1.60
The Aubrey2x22BR,2BA$1.71
Dolce Villagio TownhomesTwo Bedroom 2.5 Bathroom2BR,2.5BA$1.78
Rio ParadisoB4 Loft1BR,2BA$1.62
Westmount at Downtown Tempe ApartmentsCoastline3BR,1BA$1.65
336 S Roosevelt St, Unit 2336 S Roosevelt St2BR,1BA$1.30
Luna Bear 5th StreetB12BR,2BA$1.37
Lyndon LaneLyndon Lane Two Bedroom One Bath2BR,1BA$1.66
Solaris On UniversityP1 -1 x 11BR,1BA$1.69

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.

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Real 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.

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Pet Friendly Lifestyle
525 Town Lake, Tempe, AZ

Ranked #48

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

Pet Friendliness Lifestyle Score

2.5
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 172 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $799 to $13,500. There are also 73 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 $2,033.

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 $1,236 to $5,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,005.

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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