Cheap Apartments for Rent in the Alameda Neighborhood of Tempe, AZ from $600 (247 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alameda area of Tempe.

property at 1409 S Mill Ave

$925 - $1,350

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$925 - $1,350
Total Monthly Price
$925 - $1,350

Studio To 2 Bedroom Condos for Rent

Available Aug 15

1409 S Mill Ave

TempeAZ85281

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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property at 907 E Broadmor Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

907 E Broadmor Dr, Unit Room #1 Twin

907 E Broadmor Dr
TempeAZ85282
property at 700 W University Dr

$950 - $1,100

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Base Rent
$950 - $1,100
Total Monthly Price
$950 - $1,100

1 To 2 Bedroom Condos for Rent

Available Now

700 W University Dr

TempeAZ85281
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Eastridge Apartments
Rent Specials
$980 - $1,610
Total Monthly Price

Total Monthly Price

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$980 - $1,610
Total Monthly Price
$980 - $1,610
Studio to 2 Bedroom Apartments Available Now

Eastridge Apartments

1522 E Southern AveTempe, AZ 85282
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Villatree Apartments
Rent Specials
$1,030 - $1,881
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$1,030 - $1,881
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Studio to 2 Bedroom Apartments Available Now

Villatree Apartments

1750 S Price RdTempe, AZ 85281
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  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Avana Tempe
Rent Specials
$1,065 - $7,138
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$1,065 - $7,138
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Varies
Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
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property at 722 E Encanto Dr

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 3 Bath Home for Rent

Available Now

722 E Encanto Dr

TempeAZ85281

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
property at 407 W Howe St

$1,200

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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

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.

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Alameda, Tempe, AZ Local Guide

Cheapest Available Alameda Apartments for Rent

 

The cheapest available apartment rental in the Alameda area of Tempe, AZ is a 1 Bed unit found at Manhatton priced from $750. Sentry Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $861. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
Manhatton1/11BR,1BA$750
Sentry TempeKonaStudio,1BA$861
University Pointe ApartmentsStudioStudio,1BA$899
Aster on UniversityS1 RStudio,1BA$899
District at Fiesta ParkA1: 1 Bed 1 Bath1BR,1BA$905
The FlatsE1Studio,1BA$915
The Link ApartmentsOne Bedroom West - Classic1BR,1BA$930
San Jose Manor0BR/1.0BAStudio,1BA$939
Sago GardensTownhome2BR,1BA$950
Onnix ApartmentsJade - StudioStudio,1BA$951

Best Value Apartments for Rent in Alameda, AZ

As of July 23, 2026 the best value apartment in the Alameda area is the $0.43 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $799. The second greatest value Alameda apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $1,799 with a $1.13 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.43
The Howe Apartments2 Bedroom 2 Bath Unit2BR,2BA$1.13
CanvasD34BR,4BA$0.92
The District on Apache3x3 Luxe3BR,3BA$0.89
Tempe Horizons2 Bed/2 Bath2BR,2BA$1.36
Corsican2 Bed - 1 Bath2BR,1BA$1.31
SoL2BR/2BA - Platinum2BR,2BA$1.18
Sago GardensSingle Story2BR,1BA$1.21
The Heights on Lemon2 Bedrooms, 1 Bath2BR,1BA$1.35
MadEry ApartmentsSaguaro2BR,1BA$1.34

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
Alameda, Tempe, AZ

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Alameda, Tempe, AZ

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States, including Tempe. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Alameda Apartments

What is a cheap apartment in Alameda?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alameda is under $951.

What is the price of a cheap apartment in Alameda?

The cheapest apartment in Alameda is Manhatton which is listed at $750, while the average apartment in Alameda costs $3,800.

What types of apartments are the cheapest in Alameda?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 275 regular apartments in Alameda that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Alameda?

Cheap apartments in Alameda have an average cost of $961 which is $2,839 cheaper than the average rent for all rentals in Alameda.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.