
Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the 525 Town Lake area of Tempe.


528 W Howe St

700 W University Dr

700 W University Dr

906 S Farmer Ave, Unit C
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731 W University Dr

731 W University Dr

615 S Hardy Dr

615 S Hardy Dr

1033 N Parkside Dr
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1033 N Parkside Dr

905 S Ash Ave

616 S Hardy Dr

521 W 10th St

242 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 | $1,639 | $1,100 | $2,850 |
| 525 Town Lake 3 Bedroom Homes for Rent | $2,521 | $1,614 | $3,400 |
| 525 Town Lake 4 Bedroom Homes for Rent | $2,807 | $2,000 | $4,000 |
| 525 Town Lake 5 Bedroom Homes for Rent | $3,558 | $2,995 | $4,500 |
| 525 Town Lake 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 |
| Solaris On University | U1 - 1 x 1 | 1BR,1BA | $1,029 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of March 09, 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 B1 Model at Luna Bear 5th Street starting at $1,299 with a $1.37 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 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Lyndon Lane | Two Bed One Bath | 2BR,1BA | $1.66 |
| Roosevelt Park | 2 Bedroom 2 Bath | 2BR,2BA | $1.80 |
| McKemy at Tempe Town Lake | 2x1 | 2BR,1BA | $1.86 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.73 |
| Rio Paradiso | A1 | 1BR,1BA | $1.79 |
| Solaris On University | S2 -2 x 1 | 2BR,1BA | $1.68 |
| Union Tempe | 2x1FL | 2BR,1BA | $1.86 |
| Westmount at Downtown Tempe | Sunrise Diamond | 1BR,1BA | $2.07 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 #33
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 174 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $795 to $15,000. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $795 to $4,500.
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 $795 to $4,500 with an average monthly rent of $2,375.
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 $1,614 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $850.
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

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).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
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Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
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.