Luxury Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ (153 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

The most luxurious Apartments in the Downtown Tempe area of Tempe with high-end amenities, features, and finishes.

close
View Me
Smith & Rio
Rent Specials
$1,647 - $5,267
Total Monthly Price

Total Monthly Price

Base Rent
$1,647 - $5,267
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Smith & Rio

1979 E Rio Salado PkwyTempe, AZ 85288
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
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
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
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
  • Verified
  • Customer Reviewed
  • 3D Tour

Cash 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 Article
close
View Me
San Portella
Rent Specials
$1,648 - $5,429
Total Monthly Price

Total Monthly Price

Base Rent
$1,648 - $5,429
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

San Portella

2155 S 55th StTempe, AZ 85282
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
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
  • Verified
  • 3D Tour
  • Smoke Free

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.

Read Article
close
View Me
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
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Union Tempe
Rent Specials
$999 - $2,997
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $2,997
Total Monthly Price
Varies
Studio to 5 Bedroom Apartments Available Now

Union Tempe

712 S Forest AveTempe, AZ 85281
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
property at 1410 E Verlea Dr

$3,300

Total Monthly Price

Total Monthly Price

Base Rent
$3,300
Total Monthly Price
$3,300

4 Bedroom, 2 Bath Home for Rent

Available Jul 15

1410 E Verlea Dr

TempeAZ85282
property at 1913 E El Parque Dr

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

3 Bedroom, 2 Bath Home for Rent

Available Jul 1

1913 E El Parque Dr

TempeAZ85282
property at 1130 W 9th St

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

4 Bedroom, 2 Bath Home for Rent

Available Aug 1

1130 W 9th St

TempeAZ85281
property at 1146 E Campus Dr

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

4 Bedroom, 2 Bath Home for Rent

Available Jun 1

1146 E Campus Dr

TempeAZ85282
property at 2417 S Newberry Rd

$2,995

Total Monthly Price

Total Monthly Price

Base Rent
$2,995
Total Monthly Price
$2,995

4 Bedroom, 2 Bath Home for Rent

Available Aug 1

2417 S Newberry Rd

TempeAZ85282
property at 1964 E Don Carlos Ave

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000
Total Monthly Price
$3,000

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

1964 E Don Carlos Ave

TempeAZ85281
property at 735 E Granada Dr

$3,100

Total Monthly Price

Total Monthly Price

Base Rent
$3,100
Total Monthly Price
$3,100

4 Bedroom, 2 Bath Home for Rent

Available Aug 1

735 E Granada Dr

TempeAZ85281
property at 422 E Balboa Dr

$3,250

Total Monthly Price

Total Monthly Price

Base Rent
$3,250
Total Monthly Price
$3,250

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

422 E Balboa Dr

TempeAZ85282

Phoenix's Best Affordable Neighborhoods

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

Read Article
Showing Results 1-50, Page 1 of 4

Downtown Tempe, Tempe, AZ Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Downtown Tempe, Tempe, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Arizona including Downtown Tempe, Tempe, and the greater Phoenix area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, apartment complexes for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Luxury Living Rating

This area of town ranks as one of our favorite upscale submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like olympic-sized pools, proximity to great shopping areas, gardens, nearby parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Other luxury items often include tile or hardwood floors, raquetball courts, and a full-time security staff or doorman.

Frequently Asked Questions about Downtown Tempe

How much are Studio apartments in Downtown Tempe?

There are currently 220 Studio Apartments in Downtown Tempe with rent ranges from $750 to $3,365 with an average price of $1,433.

What is the current price range for One Bedroom Downtown Tempe Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Tempe ranges from $950 to $6,334 with an average monthly rent of $1,601.

What does renting a Two Bedroom Apartment in Downtown Tempe cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Tempe range from $1,035 to $7,044. Today's average rental price for Two Bedrooms here is $1,926.

How expensive are Downtown Tempe Three Bedroom Apartments?

There are currently 132 Three Bedroom Apartments listings available in Downtown Tempe on ApartmentHomeLiving.com. The pricing ranges from $775 to $7,976 - averaging $2,562 for the location.

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

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters article

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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.