Cheap Apartments for Rent in the Dava-Lakeshore Neighborhood of Tempe, AZ from $700 (21 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Showing Results 1-21, Page 1 of 1

Dava-Lakeshore, Tempe, AZ Local Guide

Cheapest Available Dava-Lakeshore Apartments for Rent

 

The cheapest available apartment rental in the Dava-Lakeshore area of Phoenix, AZ is a Studio unit found at Sentry Tempe priced from $844. Avana Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Dava-Lakeshore apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Sentry TempeKonaStudio,1BA$844
Avana TempeStudio - ClassicStudio,1BA$875
Sono TempeDraper2BR,2BA$886
San Jose Manor0BR/1.0BAStudio,1BA$939
The FlatsE1Studio,1BA$995

Best Value Apartments for Rent in Dava-Lakeshore, AZ

As of December 11, 2025 the best value apartment in the Dava-Lakeshore area is the $1.42 price per square foot Monterey Model at Lakeview at the Bay in the in the South Phoenix neighborhood starting from $1,566. The second greatest value Dava-Lakeshore apartment is the Oasis w/ Balcony Model at Tempe Park Place starting at $1,345 with a $1.32 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Dava-Lakeshore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeview at the BayMonterey2BR,2BA$1.42
Tempe Park PlaceOasis w/ Balcony2BR,2BA$1.32
The Enclave Apartment HomesB22BR,2BA$1.59
525-539 W Pebble Beach2 Beds, 1 bath2BR,1BA$1.42
Aventerra at Dobson Ranch ApartmentsB12BR,1BA$1.48
Hohokam VillasPapago1BR,1BA$1.65
La Estancia Apartment Homes1x11BR,1BA$1.66
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1.58
909 WestThe Havasu - Premium Plus1BR,1BA$1.64
505 WestRillito1BR,1BA$1.52

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

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Pet Friendly Lifestyle
Dava-Lakeshore, Tempe, AZ

Ranked #32

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Dava-Lakeshore, Tempe, AZ

School data provided by Great Schools

Getting Around the Dava-Lakeshore Neighborhood in Tempe, AZ

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 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 Dava-Lakeshore Apartments

What is a cheap apartment in Dava-Lakeshore?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Dava-Lakeshore is under $1,095.

What is the price of a cheap apartment in Dava-Lakeshore?

The cheapest apartment in Dava-Lakeshore is Sono Tempe which is listed at $983, while the average apartment in Dava-Lakeshore costs $2,387.

What types of apartments are the cheapest in Dava-Lakeshore?

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 24 regular apartments in Dava-Lakeshore 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 Dava-Lakeshore?

Cheap apartments in Dava-Lakeshore have an average cost of $192 which is $2,195 cheaper than the average rent for all rentals in Dava-Lakeshore.

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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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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Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

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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.

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Apartment Common Area Rules: What Renters Need to Know

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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.

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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

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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.