Cheap Apartments for Rent in the Alegre Community Neighborhood of Tempe, AZ from $700 (39 Rentals)

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

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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Desert Willow Apartments
1 to 3 Bedroom Apartments

Desert Willow Apartments

1895-1901 E Don Carlos AveTempe, AZ 85281
  • Utilities Included

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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Atrium
1 to 2 Bedroom Apartments

Atrium

1835 E Don Carlos AveTempe, AZ 85281
Student Housing
  • Utilities Included
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Apache Lofts
Studio to 1 Bedroom Apartments

Apache Lofts

1617 E Apache BlvdTempe, AZ 85281
  • Utilities Included
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Hayden Terrace
Studio to 2 Bedroom Apartments

Hayden Terrace

1925 E Hayden LnTempe, AZ 85281
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Alegre Apartments
1 to 2 Bedroom Apartments

Alegre Apartments

1827 E Lemon StTempe, AZ 85281
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La Paloma Apartments
Studio to 2 Bedroom Apartments

La Paloma Apartments

1975 E Apache BlvdTempe, AZ 85281
  • Utilities Included
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Aces on Apache
Studio to 1 Bedroom Apartments

Aces on Apache

1620 E Apache BlvdTempe, AZ 85281

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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Azara Tempe
1 to 2 Bedroom Apartments

Azara Tempe

1850 E Hayden LnTempe, AZ 85281
Corporate Housing
  • Utilities Included
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Terra Vida
Rent Specials
$952 - $3,568
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $3,568

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Terra Vida

150 S Roosevelt RdMesa, AZ 85202
Affordability
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Coral Point
1 to 2 Bedroom Apartments

Coral Point

2343 W Main StMesa, AZ 85201
  • Utilities Included

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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149 N Phyllis
2 Bedroom Apartments

149 N Phyllis

149 N PhyllisMesa, AZ 85201
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Pala Mesa
1 to 2 Bedroom Apartments

Pala Mesa

2433 W Main StMesa, AZ 85201

Alegre Community, Tempe, AZ Local Guide

Cheapest Available Alegre Community Apartments for Rent

 

The cheapest available apartment rental in the Alegre Community area of Phoenix, AZ is a Studio unit found at Terra Vida priced from $952. Silverwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Alegre Community apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Terra VidaSAStudio,1BA$952
Silverwood ApartmentsOne bedroom1BR,1BA$995
Aster on UniversityA1 C1BR,1BA$999
Avia 266StudioStudio,1BA$1,040
SoL2BR/2BA - Silver2BR,2BA$1,050
149 N Phyllis2 Beds, 1 Baths2BR,1BA$1,099
THE ACCESSS3Studio,1BA$1,100
Emerson Square2 Bed 1 Bath2BR,1BA$1,110
Vue Nineteen 01One Bedroom - UTILITIES INCLUDED1BR,1BA$1,112
Parkside Apartments1 Bedroom1BR,1BA$1,122

Best Value Apartments for Rent in Alegre Community, AZ

As of June 12, 2026 the best value apartment in the Alegre Community 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 Alegre Community apartment is the 3 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $2,200 with a $1.67 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alegre Community apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.48
The Howe Apartments3 Bedroom 2 Bath Unit3BR,2BA$1.67
The Retreat at Rio SaladoWrigley2BR,2BA$1.56
SoL2BR/2BA - Platinum2BR,2BA$1.18
Emerson Square2 Bed 2 Bath2BR,2BA$1.50
Broadstone Tempe StationExpress1BR,1BA$1.46
Pala MesaThe Ridge2BR,1BA$1.65
El Diablo Apartments2BR/1.0BA2BR,1BA$1.51
Gateway at Tempe2x2 L Renovated2BR,2BA$1.26
149 N Phyllis2 Beds, 1 Baths2BR,1BA$1.67

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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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
Alegre Community, Tempe, AZ

Ranked #40

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Alegre Community Apartments

What is a cheap apartment in Alegre Community?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alegre Community is under $1,122.

What is the price of a cheap apartment in Alegre Community?

The cheapest apartment in Alegre Community is Silverwood Apartments which is listed at $995, while the average apartment in Alegre Community costs $2,305.

What types of apartments are the cheapest in Alegre Community?

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 78 regular apartments in Alegre Community 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 Alegre Community?

Cheap apartments in Alegre Community have an average cost of $657 which is $1,648 cheaper than the average rent for all rentals in Alegre Community.

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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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).

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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.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

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.

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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

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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.

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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.

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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.