
Cheap Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ from $500 (152 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Tempe area of Tempe.


Murietta at ASU

117 W Broadway Rd

909 S Priest Dr

Aria on Mill

Tempe La Mirage Apartments

Array on Apache

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

Volta on Broadway

Lion Tempe Apartments

MAA Fountainhead

Residences on Farmer

Luna Bear 5th Street

Butterfield Park

Aura Apache

1014 S Farmer Ave

The Hyve/LeaseCo, LLC

The Enclave Apartment Homes

Trovita Rio

Skywater at Tempe Town Lake

1850 E Hayden Ln

Hudson on Farmer/LeaseCo, LLC

San Portella

Vela at Tempe Town Lake

1890 S Country Club Way

2044 S Willow Creek Apartment

1145 E Henry St

616 S Hardy Dr

700 E Mesquite Cir

Beautiful Renovations One and Two Bedrooms Located in the Heart of Tempe!
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 | $1,467 | $929 | $3,365 |
| Downtown Tempe 1 Bedroom Apartments | $1,565 | $850 | $5,054 |
| Downtown Tempe 2 Bedroom Apartments | $1,782 | $1,000 | $9,000 |
| Downtown Tempe 3 Bedroom Apartments | $2,147 | $775 | $6,128 |
| Downtown Tempe 4 Bedroom Apartments | $1,504 | $695 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 152 rentals with your search options within a 2 mile radius of the Downtown Tempe Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
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 $998.
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 $1,950.
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 332 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 $1,035 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
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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.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
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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!



















