Cheap Apartments for Rent in the Alegre Community Neighborhood of Tempe, AZ from $700 (50 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.

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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Aura Apache
Rent Specials
$1,487 - $2,518
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$1,487 - $2,518

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Studio to 2 Bedroom Apartments Available Now

Aura Apache

1820 E Apache BlvdTempe, AZ 85281
Eco-Friendly
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The Cameron
Rent Specials
$1,542 - $4,898
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$1,542 - $4,898

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Studio to 3 Bedroom Apartments Available Now

The Cameron

2062 E Cameron WayTempe, AZ 85281
Corporate Housing
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The Alyssa
Rent Specials
$1,603 - $9,933
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$1,603 - $9,933

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Studio to 3 Bedroom Apartments Available Now

The Alyssa

98 South River DrTempe, AZ 85288
Furnished
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Smith & Rio
Rent Specials
$1,647 - $4,723
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$1,647 - $4,723

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Studio to 2 Bedroom Apartments Available Now

Smith & Rio

1979 E Rio Salado PkwyTempe, AZ 85288
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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
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The Atrium
1 to 2 Bedroom Apartments

The Atrium

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

Apache Lofts

1617 E Apache BlvdTempe, AZ 85281
  • Utilities Included
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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

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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Culdesac Tempe
Studio to 3 Bedroom Apartments

Culdesac Tempe

2025 E Apache BlvdTempe, AZ 85281
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Terra Vida
Rent Specials
$947 - $3,568
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$947 - $3,568

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Studio to 3 Bedroom Apartments Available Now

Terra Vida

150 S Roosevelt RdMesa, AZ 85202
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IMT Riverview
Rent Specials
$1,505 - $2,040
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$1,505 - $2,040

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1 to 2 Bedroom Apartments Available Now

IMT Riverview

711 N Evergreen RdMesa, AZ 85201
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Coral Point
1 to 2 Bedroom Apartments

Coral Point

2343 W Main StMesa, AZ 85201
  • Utilities Included
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Pala Mesa
1 to 2 Bedroom Apartments

Pala Mesa

2433 W Main StMesa, AZ 85201

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.

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 1 Bed unit found at The Atrium priced from $850. El Diablo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Alegre Community apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Atrium1x11BR,1BA$850
El Diablo Apartments1BR/1.0BA1BR,1BA$885
SoL4BR/4BA - Silver4BR,4BA$940
Silverwood ApartmentsOne bedroom1BR,1BA$995
Terra VidaSA Renovation 2Studio,1BA$1,032
Avia 266StudioStudio,1BA$1,050
Vue Nineteen 01One Bedroom - UTILITIES INCLUDED1BR,1BA$1,086
Emerson Square2 Bed 1 Bath2BR,1BA$1,110
Parkside Apartments1 Bedroom1BR,1BA$1,122
Asteria Apartment HomesA11BR,1BA$1,195

Best Value Apartments for Rent in Alegre Community, AZ

As of April 28, 2026 the best value apartment in the Alegre Community 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 Alegre Community apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $2,300 with a $1.44 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$0.53
The Howe Apartments2 Bedroom 2 Bath Unit2BR,2BA$1.44
Emerson Square2 Bed 2 Bath2BR,2BA$1.50
Broadstone Tempe StationExpress1BR,1BA$1.52
IMT RiverviewA11BR,1BA$1.91
El Diablo Apartments2BR/1.0BA2BR,1BA$1.51
Gateway at Tempe2x2 L Renovated2BR,2BA$1.39
Asteria Apartment HomesA11BR,1BA$1.66
Pala MesaThe Peak1BR,1BA$1.75
The Atrium1x11BR,1BA$1.56

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
Alegre Community, Tempe, AZ

Ranked #46

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 $1,195.

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

The cheapest apartment in Alegre Community is The Atrium which is listed at $850, while the average apartment in Alegre Community costs $2,220.

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 89 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 $724 which is $1,496 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

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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

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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.

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.