New Apartments for Rent in Tempe, AZ Under $5,000 (90 Rentals)

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SALT
Rent Specials
$1,834 - $6,568Built in 2017Studio to 3 Bedroom Apartments Available Now

SALT

260 E Rio Salado PkyTempe, AZ 85281
Luxury
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  • Customer Reviewed
  • Matterport 3D Tour

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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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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Vero
Rent Specials
$1,394 - $2,175Built in 2024Studio to 2 Bedroom Apartments Available Now

Vero

651 E 6th StTempe, AZ 85281
Furnished
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

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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Nexa
Rent Specials
$1,529 - $3,099Built in 2017Studio to 3 Bedroom Apartments Available Now

Nexa

1205-1221 E Apache BlvdTempe, AZ 85281
Furnished
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  • Customer Reviewed
  • Smoke Free
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Gem Apartments
Built in 20232 Bedroom Apartments

Gem Apartments

2063 E Lemon StTempe, AZ 85281
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Camden Tempe II
Built in 2022Studio to 2 Bedroom Apartments

Camden Tempe II

600 E Curry RdTempe, AZ 85281
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Granada Lakes
Built in 20201 to 2 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
  • Utilities Included
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Emerson Mill Avenue
Built in 2015Studio to 2 Bedroom Apartments

Emerson Mill Avenue

101 W 5th StTempe, AZ 85281
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San Sonoma
Built in 20151 to 3 Bedroom Apartments

San Sonoma

9010 S Priest DrTempe, AZ 85284
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Camden Tempe
Built in 2015Studio to 3 Bedroom Apartments

Camden Tempe

800 E Curry RdTempe, 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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The Piedmont
Built in 2021Studio to 3 Bedroom Apartments

The Piedmont

707 E 6th StTempe, AZ 85281
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The Carmin
Built in 2017Studio to 4 Bedroom Apartments

The Carmin

1000 E Apache BlvdTempe, AZ 85281
Student Housing
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Culdesac Tempe
Built in 2023Studio to 3 Bedroom Apartments

Culdesac Tempe

2025 E Apache BlvdTempe, AZ 85281
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Atmosphere
Built in 2021Studio to 4 Bedroom Apartments

Atmosphere

707 S Forest AveTempe, AZ 85281
Student Housing
  • Utilities Included
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Aces on Apache
Built in 2023Studio to 1 Bedroom Apartments

Aces on Apache

1620 E Apache BlvdTempe, AZ 85281
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Valor on Eighth
Built in 20181 to 3 Bedroom Apartments

Valor on Eighth

1001 E 8th StTempe, AZ 85281
  • Utilities Included
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Park Place Tempe
Built in 2019Studio to 4 Bedroom Apartments

Park Place Tempe

1135 E Apache BlvdTempe, AZ 85281
Student Housing
  • Utilities Included

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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Tempe, AZ Local Guide

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
Tempe, AZ

Ranked #2

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Tempe, AZ

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Tempe, AZ Rentals by Map

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See the most popular apartments and homes in Tempe, AZ

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Tempe, AZ Apartments Map
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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 New Tempe Apartments

What is the Cheapest New apartment in Tempe?

Currently the most affordable New Apartment in Tempe is at Vista Village on Van Buren listed at $699.

How much is the average rent for a New Tempe Apartment?

The average rent for a New Apartment in Tempe is $2,471.

What is the largest New Tempe Apartment for rent?

Today's New apartment with the most square footage in Tempe is a 2,478 square feet unit starting from $2,600 at Roosevelt Luxury Townhomes.

What is the average size for Tempe New Apartments for rent?

The average size for a New rental in Tempe is currently at 688 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.