
Cheap Apartments for Rent in Tempe, AZ from $500 with Swimming Pool (192 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Tempe.


Ponderosa Ranch Apartments

Evergreen on Hayden Lane

Asteria Apartment Homes

Sofia Apartments

The Local Tempe Luxury Apartments

Mercury on Mill

Finisterra On Grove
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.

Axio Apartments

Villagio Furnished

Alexan Tempe

Tempe La Mirage Apartments

Solaire on Scottsdale

La Estancia Apartment Homes

MAA Fountainhead

The Cameron
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.

The Enclave Apartment Homes

Butterfield Park

Aura Apache

Talavera

Volta on Broadway

San Marino

San Portella

Skywater at Tempe Town Lake

Allure at Tempe Apartments
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.

Vela at Tempe Town Lake

CityScape at Lakeshore

Trovita Rio

The Retreat at Rio Salado

The Alyssa
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.

Valencia Park

Aster on University

The Link Apartments

Terrasol

Papago Vista

Scottsdale 59

Papago Gardens Apartments

Santorini Villa Apartments

Boulder Creek Apartments

Terra Vida
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
Tempe, AZ Local Guide

How much does it cost to rent an apartment in Tempe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tempe Studio Apartments | $1,362 | $649 | $5,315 |
| Tempe 1 Bedroom Apartments | $1,516 | $704 | $10,000+ |
| Tempe 2 Bedroom Apartments | $1,782 | $867 | $10,000+ |
| Tempe 3 Bedroom Apartments | $2,450 | $775 | $10,000+ |
| Tempe 4 Bedroom Apartments | $1,814 | $695 | $10,000+ |
Explore Tempe
Getting Around Tempe, AZ
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
74 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
46 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Tempe Apartments
What is a cheap apartment in Tempe?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tempe is under $849.
What is the price of a cheap apartment in Tempe?
The cheapest apartment in Tempe is Terrasol which is listed at $820, while the average apartment in Tempe costs $2,600.
What types of apartments are the cheapest in Tempe?
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 580 regular apartments in Tempe 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 Tempe?
Cheap apartments in Tempe have an average cost of $408 which is $2,192 cheaper than the average rent for all rentals in Tempe.
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

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).

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.

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.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.









