Cheap Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ from $500 (146 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown Tempe area of Tempe.

Lion Tempe Apartments

Solaire on Scottsdale

Array on Apache

The Heights on Lemon

615 S Hardy Dr
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.

Residences on Farmer

Luna Bear 5th Street

Butterfield Park

Aura Apache

Vero

MAA Fountainhead

1033 N Parkside Dr

242 S Beck Ave

San Portella
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

The Enclave Apartment Homes

Northbend

Volta on Broadway

Nexa

1314 W 3rd St, Unit 1314 W 3rd apartment un

Lyndon Lane

3031 S Rural Rd
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 | $1,432 | $700 | $4,960 |
| Downtown Tempe 1 Bedroom Apartments | $1,643 | $875 | $5,629 |
| Downtown Tempe 2 Bedroom Apartments | $1,891 | $1,000 | $9,000 |
| Downtown Tempe 3 Bedroom Apartments | $2,271 | $775 | $6,102 |
| Downtown Tempe 4 Bedroom Apartments | $1,566 | $680 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 146 rentals with your search options within a 2 mile radius of the Downtown Tempe Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Getting Around the Downtown Tempe Neighborhood in Tempe, AZ
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
63 / 100
Good Transit
Many 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 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 $2,242.
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 360 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 $892 which is $1,350 cheaper than the average rent for all rentals in Downtown Tempe.
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.

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).

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.




























