
Cheap Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ from $700 (181 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Tempe area of Tempe.


Apache Lofts

Suite 16

Riviera Palms

Encore on Farmer

Plaza East

Rialto

Don Carlos Apartments

1867-1873 E University Dr

Venture on Wilson

Valor on Eighth

Cortez Palms Apartments

George Ann

University Park

Hayden Terrace

The Regency Apartment Homes

Thrive Tempe Apartments

Alegre Apartments

Beautiful Renovations One and Two Bedrooms Located in the Heart of Tempe!

Hidden Glen

University Square

University Gardens

Parkside Apartments

The Vintage on College

Aces on Apache

La Paloma Apartments

Echo Tempe

Rise on McClintock

Evergreen on Hayden Lane

1343 W 3rd St

The Warhol

Dwell at 5th and Farmer

The Palms on Scottsdale

902 and 908 W. 2nd Street

1978 E Don Carlos

Mockingbird Palms Apartments

Parkview on 5th

Azara Tempe

The Harlow Apartments

1007 N Scovel St

Plaza East

Bali Hai

Wilson Studios

1203 W University Dr

Rio Paradiso

Element at Tempe North

330 S Beck Ave

Salado Springs

731 W University Dr

1215 E Lemon St
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 | $1,433 | $750 | $3,365 |
| Downtown Tempe 1 Bedroom Apartments | $1,601 | $950 | $6,334 |
| Downtown Tempe 2 Bedroom Apartments | $1,926 | $1,035 | $7,044 |
| Downtown Tempe 3 Bedroom Apartments | $2,562 | $775 | $7,976 |
| Downtown Tempe 4 Bedroom Apartments | $1,470 | $725 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 181 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 $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.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.