
Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the 525 Town Lake area of Tempe.


1309 W 10th St

731 W University Dr

906 S Farmer Ave, Unit C
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731 W University Dr

1315 W 5th St

1033 N Parkside Dr

330 S Beck Ave
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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 | $1,507 | $950 | $2,375 |
| 525 Town Lake 3 Bedroom Homes for Rent | $2,175 | $1,000 | $3,665 |
| 525 Town Lake 4 Bedroom Homes for Rent | $2,406 | $2,150 | $2,700 |
| 525 Town Lake 5 Bedroom Homes for Rent | $2,673 | $2,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the 525 Town Lake Neighborhood of Tempe, AZ.
Explore Tempe
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 Villas on 4th priced from $875. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $890. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas on 4th | Studio | Studio,1BA | $875 |
| Riverside Apartments | Studio | Studio,1BA | $890 |
| Margo | Studio | Studio,1BA | $929 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of January 22, 2026 the best value apartment in the 525 Town Lake area is the $1.49 price per square foot Three Bedroom Three Bathroom Model at Dolce Villagio Townhomes in the in the Downtown Tempe neighborhood starting from $2,525. The second greatest value 525 Town Lake apartment is the B1 Model at Luna Bear 5th Street starting at $1,375 with a $1.45 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. |
|---|---|---|---|
| Dolce Villagio Townhomes | Three Bedroom Three Bathroom | 3BR,3BA | $1.49 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.45 |
| Lyndon Lane | Two Bed One Bath | 2BR,1BA | $1.66 |
| Roosevelt Park | 2 Bedroom 2 Bath | 2BR,2BA | $1.80 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.73 |
| Rio Paradiso | A1 | 1BR,1BA | $1.71 |
| Solaris On University | U1 - 1 x 1 | 1BR,1BA | $1.52 |
| Union Tempe | 2x1FL | 2BR,1BA | $1.86 |
| 828 W 2nd St, Unit A | 828 W 2nd St | 2BR,1BA | $1.99 |
| Westmount at Downtown Tempe | Sunrise Diamond | 1BR,1BA | $2.00 |
Frequently Asked Questions about 525 Town Lake
What type of rentals are currently available in 525 Town Lake?
There are currently 179 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $890 to $15,000. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $950 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 $950 to $4,000 with an average monthly rent of $1,996.
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 $5,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,665. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $899.
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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.