
Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the 525 Town Lake area of Tempe.


528 W Howe St

528 W Howe St

906 S Farmer Ave, Unit C, Unit C

1309 W 10th St

700 W University Dr, Unit 251

1214 S Roosevelt St, Unit B, Unit B
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.

1203 W University Dr

616 S Hardy Dr

731 W University Dr

731 W University Dr

330 S Beck Ave

521 W 10th St

617 S Roosevelt St
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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 | $1,607 | $1,050 | $2,850 |
| 525 Town Lake 3 Bedroom Homes for Rent | $2,422 | $1,050 | $3,665 |
| 525 Town Lake 4 Bedroom Homes for Rent | $3,043 | $2,490 | $3,800 |
| 525 Town Lake 5 Bedroom Homes for Rent | $3,553 | $2,695 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 Villas on 4th priced from $875. 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 |
|---|---|---|---|
| Villas on 4th | Studio | Studio,1BA | $875 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Margo | Studio | Studio,1BA | $929 |
| Parq on 5th | Studio | Studio,1BA | $932 |
| Studio 710 Apartments | Small Studio | Studio,1BA | $949 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of April 23, 2026 the best value apartment in the 525 Town Lake area is the $1.39 price per square foot 2x2.5 Tandem Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,495. 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. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Tandem Garage | 2BR,2.5BA | $1.39 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Lyndon Lane | Lyndon Lane Two Bedroom One Bath | 2BR,1BA | $1.58 |
| Roosevelt South | 2BR/1.0BA | 2BR,1BA | $1.81 |
| McKemy at Tempe Town Lake | 2x1 | 2BR,1BA | $2.00 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.78 |
| Rio Paradiso | A1 | 1BR,1BA | $1.71 |
| Tremezzo on the Lake | B1R | 2BR,1BA | $1.83 |
| Axio Apartments | 1x1 | 1BR,1BA | $1.92 |
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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 #41
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 168 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $899 to $15,000. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $950 to $5,000.
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 $5,000 with an average monthly rent of $2,410.
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 $5,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,665. Four Bedroom Single-Family rentals are also available starting from $2,490 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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