Cheap 1 Bedroom Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ from $850 (90 Rentals)

Solaris On University

El Diablo Apartments

1223 W University Dr

Willow Creek

Eastridge Apartments

Spring Leaf Apartments
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.

University Pointe Apartments

MadEry Apartments

Paseo on University

700 W University Dr

Ascent on Spence

Grandes Cortes

2012 S Granada Dr

Asteria Apartment Homes
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.

The Halston

THE ACCESS

Skye at McClintock Station

908 S Mariana St

Axio Apartments

Parq on 5th

IMT Desert Palm Village

Murietta at ASU

117 W Broadway Rd
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.

Tempe La Mirage Apartments

Westmount at Downtown Tempe

Lion Tempe Apartments

615 S Hardy Dr

Residences on Farmer

MAA Fountainhead

The Enclave Apartment Homes

Hudson on Farmer/LeaseCo, LLC

The Hyve/LeaseCo, LLC
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.

San Portella

1890 S Country Club Way

2044 S Willow Creek Apartment

700 E Mesquite Cir
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.
Downtown Tempe, Tempe, AZ Local Guide

How much does it cost to rent an apartment in Downtown Tempe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Tempe Studio Apartments | $1,482 | $929 | $3,365 |
Downtown Tempe 1 Bedroom Apartments | $1,563 | $850 | $4,474 |
| Downtown Tempe 2 Bedroom Apartments | $1,814 | $995 | $9,000 |
| Downtown Tempe 3 Bedroom Apartments | $2,295 | $775 | $6,282 |
| Downtown Tempe 4 Bedroom Apartments | $1,512 | $695 | $10,000+ |
Explore Tempe
Downtown Tempe, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Downtown Tempe, Tempe, AZ
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Tempe Apartments
What is a cheap apartment in Downtown Tempe?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Tempe is under $995.
What is the price of a cheap apartment in Downtown Tempe?
The cheapest apartment in Downtown Tempe is The Atrium which is listed at $850, while the average apartment in Downtown Tempe costs $2,100.
What types of apartments are the cheapest in Downtown 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 344 regular apartments in Downtown 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 Downtown Tempe?
Cheap apartments in Downtown Tempe have an average cost of $915 which is $1,185 cheaper than the average rent for all rentals in Downtown 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!













