Cheap Apartments for Rent in the Alameda Neighborhood of Tempe, AZ from $700 (245 Rentals)

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

property at 1207 E Loyola Dr

$775 - $900

Total Monthly Price

Total Monthly Price

Base Rent
$775 - $900

Total Monthly Price
$775 - $900

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

1207 E Loyola Dr

TempeAZ85282
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Eastridge Apartments
Rent Specials
$855 - $1,610
Total Monthly Price

Total Monthly Price

Base Rent
$855 - $1,610

Total Monthly Price
$855 - $1,610
Studio to 2 Bedroom Apartments Available Now

Eastridge Apartments

1522 E Southern AveTempe, AZ 85282
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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.

property at 907 E Broadmor Dr

$950 - $1,075

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,075

Total Monthly Price
$950 - $1,075

1 Bedroom, 1 Bath Home for Rent

Available Now

907 E Broadmor Dr

TempeAZ85282
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Avana Tempe
Rent Specials
$958 - $6,707
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$958 - $6,707

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Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Villatree Apartments
Rent Specials
$991 - $1,789
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Base Rent
$991 - $1,789

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Studio to 2 Bedroom Apartments Available Now

Villatree Apartments

1750 S Price RdTempe, AZ 85281
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property at 1415 S Terrace Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 3.5 Bath Home for Rent

Available Now

1415 S Terrace Rd

TempeAZ85281

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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2024 S Mill Ave, Unit 1
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Now

2024 S Mill Ave, Unit 1

2024 S Mill AveTempe, AZ 85282
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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 $826. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
Manhatton1/11BR,1BA$750
Sentry TempeKonaStudio,1BA$826
The Link ApartmentsStudio - ClassicStudio,1BA$832
The Atrium1x11BR,1BA$850
Grandes CortesStudioStudio,1BA$899
Riviera PalmsStudioStudio,1BA$899
University Pointe ApartmentsStudioStudio,1BA$899
District at Fiesta ParkA1: 1 Bed 1 Bath1BR,1BA$915
The FlatsE1Studio,1BA$945

Best Value Apartments for Rent in Alameda, AZ

As of June 08, 2026 the best value apartment in the Alameda area is the $0.48 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $899. The second greatest value Alameda apartment is the D3 Model at Canvas starting at $1,249 with a $0.92 price per square foot in the Downtown Tempe 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$0.48
CanvasD34BR,4BA$0.92
The District on Apache3x3 Luxe3BR,3BA$1.02
The Avi2x22BR,2BA$1.28
SoL2BR/2BA - Platinum Deluxe2BR,2BA$1.21
Sago GardensSingle Story2BR,1BA$1.21
Station 212 Bedroom 2 Bath2BR,2BA$1.29
Ascent on SpencePlan C2BR,2BA$1.22
Gateway at Tempe2x2 L Renovated2BR,2BA$1.26
35 N May, Unit 10235 N May1BR,1BA$1.31

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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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.

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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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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 $945.

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 304 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 $956 which is $2,844 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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.