Cheap Homes for Rent in the Alegre Community Neighborhood of Tempe, AZ from $800 (8 Rentals)

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

Phoenix's Best Affordable Neighborhoods

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

property at 540 N May

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

540 N May, Unit 3076

540 N May
MesaAZ85201

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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 Aster on University priced from $899. Emerson Park has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here are the most affordable Alegre Community apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Aster on UniversityS1 RStudio,1BA$899
Emerson ParkStudioStudio,1BA$970
Emerson Square1 Bed 1 Bath1BR,1BA$975

Best Value Apartments for Rent in Alegre Community, AZ

As of July 23, 2026 the best value apartment in the Alegre Community 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 Alegre Community 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 Alegre Community apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.43
The Howe Apartments2 Bedroom 2 Bath Unit2BR,2BA$1.13
Skye at McClintock StationB1 2x22BR,2BA$1.68
SoL2BR/2BA - Platinum2BR,2BA$1.18
El Diablo Apartments2BR/2.0BA2BR,2BA$1.49
Broadstone Tempe StationExpress1BR,1BA$1.49
IMT RiverviewA11BR,1BA$1.76
Asteria Apartment HomesA11BR,1BA$1.68
149 N Phyllis2 Beds, 1 Baths2BR,1BA$1.51
The Morrison ApartmentsA1 Signature1BR,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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Pet Friendly Lifestyle
Alegre Community, Tempe, AZ

Ranked #41

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 Alegre Community

What type of rentals are currently available in Alegre Community?

There are currently 92 Apartments for Rent in Alegre Community, AZ with pricing that ranges from $676 to $7,674. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alegre Community ranging from $850 to $5,500.

What is the current price range for Rental Homes in Alegre Community?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alegre Community ranges from $850 to $5,500 with an average monthly rent of $2,250.

How much are larger Three and Four Bedroom Rentals in Alegre Community?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alegre Community range from $801 to $4,222, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $676.

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.

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