Cheap Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ from $700 (181 Rentals) Page 2 of 4

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

property at 731 W University Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

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.

Phoenix's Best Affordable Neighborhoods

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

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Aura Watermark
Rent Specials
$1,411 - $4,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $4,580

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Aura Watermark

420 N Scottsdale RdTempe, AZ 85281
Outdoors
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Aura Apache
Rent Specials
$1,477 - $2,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,477 - $2,858

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Aura Apache

1820 E Apache BlvdTempe, AZ 85281
Eco-Friendly
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Lyndon Lane
$1,495 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $1,530

Total Monthly Price
$1,495 - $1,530
Studio to 2 Bedroom Apartments Available Now

Lyndon Lane

1548 W University DrTempe, AZ 85281
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Trovita Rio
Rent Specials
$1,500 - $2,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,695

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Trovita Rio

701 W Rio Salado PkyTempe, AZ 85281
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Vero
Rent Specials
$1,533 - $2,536
Total Monthly Price

Total Monthly Price

Base Rent
$1,533 - $2,536

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Vero

651 E 6th StTempe, AZ 85281
Furnished
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Desert Willow Apartments
1 to 3 Bedroom Apartments

Desert Willow Apartments

1895-1901 E Don Carlos AveTempe, AZ 85281
  • Utilities Included
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The Atrium
1 to 2 Bedroom Apartments

The Atrium

1835 E Don Carlos AveTempe, AZ 85281
Student Housing
  • Utilities Included
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ASU Crossroads
Studio to 3 Bedroom Apartments

ASU Crossroads

1010-1044 E Orange StTempe, AZ 85281
  • Utilities Included

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 $950.

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 $10,800.

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 280 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 $1,106 which is $9,694 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.

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