Cheap Apartments for Rent in the Alameda Neighborhood of Tempe, AZ from $300 (278 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

$599

Total Monthly Price

Total Monthly Price

Base Rent
$599
Total Monthly Price
$599

Studio, 1 Bath Condo for Rent

Available Now

1409 S Mill Ave, Unit 2

1409 S Mill Ave
TempeAZ85281

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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property at 700 W University Dr

$899 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,100
Total Monthly Price
$899 - $1,100

1 To 2 Bedroom Condos for Rent

Available Now

700 W University Dr

TempeAZ85281
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Avana Tempe
Rent Specials
$962 - $4,878
Total Monthly Price

Total Monthly Price

Base Rent
$962 - $4,878
Total Monthly Price
$962 - $4,878
Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
Affordability
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  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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Villatree Apartments
Rent Specials
$991 - $2,104
Total Monthly Price

Total Monthly Price

Base Rent
$991 - $2,104
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Villatree Apartments

1750 S Price RdTempe, AZ 85281
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

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property at 528 W Howe St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025
Total Monthly Price
$1,025

1 Bedroom, 1 Bath Townhome for Rent

Available Now

528 W Howe St

TempeAZ85281

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 906 S Farmer Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

2 Bedroom, 1 Bath Home for Rent

Available Now

906 S Farmer Ave, Unit C

906 S Farmer Ave
TempeAZ85281

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-50, Page 1 of 6

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 The Atrium priced from $850. The Link Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $864. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
The Atrium1x11BR,1BA$850
The Link ApartmentsStudio - ClassicStudio,1BA$864
El Diablo Apartments1BR/1.0BA1BR,1BA$885
Sentry TempeKonaStudio,1BA$894
Willowbrook Apartments1261BR,1BA$895
Grandes CortesStudioStudio,1BA$899
WaterstoneStudio S1-380Studio,1BA$900
SoL4BR/4BA - Silver4BR,4BA$940
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$942

Best Value Apartments for Rent in Alameda, AZ

As of April 08, 2026 the best value apartment in the Alameda area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Alameda apartment is the D1 PHPV Model at Nine20 Tempe starting at $1,009 with a $0.69 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$0.53
Nine20 TempeD1 PHPV4BR,4BA$0.69
Tempe Horizons2 Bed/2 Bath2BR,2BA$1.36
AgaveAcacia 22BR,2BA$1.42
The Avi2x22BR,2BA$1.34
Luna Bear 5th StreetB12BR,2BA$1.37
Corsican2 Bed - 1 Bath2BR,1BA$1.26
Sago GardensSingle Story2BR,1BA$1.21
The Heights on Lemon2 Bedrooms, 1 Bath2BR,1BA$1.41
Willowbrook Apartments1261BR,1BA$1.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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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 $942.

What is the price of a cheap apartment in Alameda?

The cheapest apartment in Alameda is The Atrium which is listed at $850, while the average apartment in Alameda costs $10,500.

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 362 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 $932 which is $9,568 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 Maximizing Your Refund: Essential Tax Tips for Renters article

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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.

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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.