
Apartments for Rent with Specials in the Downtown Tempe Neighborhood of Tempe, AZ (72 Rentals)
Apartments in the Downtown Tempe area of Tempe with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


The Local Tempe Luxury Apartments

Smith & Rio

Northbend

Hudson on Farmer

The Hyve

Shorehaven

Vero

Apache Rock Apartments

The Aubrey
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.

Aura Watermark

Trovita Rio

Norte Town Lake Apartments

Volta on Broadway

Riverside Apartments

Westmount at Downtown Tempe

MadEry Apartments

The Halston

West 6th

University Pointe Apartments
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.

San Portella

Willow Creek

Vue Nineteen 01

Murietta at ASU

Skye at McClintock Station

Grandes Cortes

Onnix Apartments

Studio 710 Apartments

Modera Rio Salado

Vela at Tempe Town Lake
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.

Tempe Terrace

Dolce Villagio Townhomes

Asteria Apartment Homes

Paseo on University

Skywater at Tempe Town Lake

Aura Apache

Brix

SALT

Ascent on Spence

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

Luna Bear 5th Street

Parq on 5th

Spring Leaf Apartments

The Hardy Tempe Townhome Living

Evergreen on Hayden Lane

Parque Villa

Villas on 4th

The Brentwood

Axio Apartments

Lion Tempe Apartments
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 | $1,511 | $869 | $3,265 |
| Downtown Tempe 1 Bedroom Apartments | $1,598 | $929 | $4,749 |
| Downtown Tempe 2 Bedroom Apartments | $1,844 | $975 | $5,109 |
| Downtown Tempe 3 Bedroom Apartments | $2,437 | $775 | $5,609 |
| Downtown Tempe 4 Bedroom Apartments | $1,483 | $695 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Downtown Tempe Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Downtown Tempe, Tempe, AZ Local Guide
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Top Tempe Apartments in the Downtown Tempe Area with Move-In Specials Ending Soon
Specials updated: 01-28-2026Take advantage of these move-in and rent specials that are ending soon for top Downtown Tempe, AZ apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Riverside Apartments
Up to 8 weeks Free. Contact the office for details.Expires 01-29-2026
Asteria Apartment Homes
1 Months Base Rent for FREE , Move-in on or before 01/31/2026. Take advantage of this limited time offer. *Restrictions apply. Call or come by for details.Expires 01-29-2026
Parq on 5th
Enjoy one month free on all new leases. Restrictions apply, see agent for details.Expires 01-29-2026
Aura Watermark
Up To 12 Weeks Free Base Rent On Select Homes! *Other costs & fees excluded. Minimum lease term required.Expires 01-29-2026
Polanco
Ask About Our Preferred Employer Discounts! Are you a first responder or healthcare employee? You could be eligible for a 3% per month discount on rent. Call today to learn more!Expires 01-29-2026
Dolce Villagio Townhomes
Online Leasing Promo Code: DV-promo - Ask us about our AMAZING SPECIALS - $1162.50 offExpires 01-29-2026
Smith & Rio
Get up to 8 weeks FREE base rent + a $1,000 Gift Card when you move in by 1/31, and start living the good lifeon us! Minimum lease term applies. Other costs and fees excluded.*Expires 01-29-2026
Aura Apache
Start the New Year Strong with Up to 8 Weeks Free Rent PLUS a $500 Gift Card Move in by 01/31 *Restrictions May ApplyExpires 01-29-2026
Murietta at ASU
Get 1 month rent free!**Terms and conditions apply.Expires 01-29-2026
The Halston
1Month free , $99 utility package monthly on select units (includes electricity ) $99 App and Admin !!! Restrictions ApplyExpires 01-29-2026
Newly Listed Move-In Specials offers for Apartments in Downtown Tempe, AZ
Specials updated: 01-28-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in Downtown Tempe, AZ. Be sure to take advantage of some of the area’s top offers.
Skye at McClintock Station
Start the New Year Strong & Receive up to 10 Weeks Free- Offer Valid on Select Vacant Apartment Homes!Expires 03-31-2026
1433 S Kenneth Pl
*1/2 off first months rentExpires 05-01-2026
Emerson Park
TWO Months free when you sign a 12-month lease on Select Units. Must move in by 02/10/2026, O.A.C Only Dos meses de alquiler gratis al firmar un contrato de arrendamiento de 12 meses en unidades seleccionadas. La mudanza debe realizarse antes del 10/02/2026. Sujeto a aprobación de crédito.Expires 02-28-2026
Emerson Square
TWO Months free when you sign a 12-month lease on Select Units. Must move in by 02/10/2026, O.A.C Only Dos meses de alquiler gratis al firmar un contrato de arrendamiento de 12 meses en unidades seleccionadas. La mudanza debe realizarse antes del 10/02/2026. Sujeto a aprobación de crédito.Expires 02-28-2026
Studio 710 Apartments
SPECIAL PROMOTION - GET A $500.00 Off your move in and a $500.00 Gift Card after move in - For a Limited-Time — Don’t Miss Out! ??? Same Day Move-In No Administration Fees or Application Fee! Call us Today. Limited Time Offer!Expires 01-31-2026
Tempe Terrace
*1st month Free on a 12 month lease!Expires 01-31-2026
Parque Villa
30 Day Rent Special Rent in the next 30 Days and $200 off.Expires 01-31-2026
Willow Creek
Limited-time offer. Valid on select homes only!Expires 02-28-2026
Grayson on the Rail
*Home of the waived App and Admin Fees! Ask how! We have 1 month free on select Studios! Act Fast!Expires 02-28-2026
Roosevelt Park
$750 off move in with a 12-month lease. Call us today for details and to schedule a tour!Expires 01-31-2026
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleCash 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 ArticleQuick 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.
Best Local Schools in Downtown Tempe, Tempe, AZ
School data provided by Great Schools
Frequently Asked Questions about Rent Specials Downtown Tempe Apartments
What is the Cheapest Rent Specials apartment in Downtown Tempe?
Currently the most affordable Rent Specials Apartment in Downtown Tempe is at Riverside Apartments listed at $869.
How much is the average rent for a Rent Specials Downtown Tempe Apartment?
The average rent for a Rent Specials Apartment in Downtown Tempe is $1,997.
What is the largest Rent Specials Downtown Tempe Apartment for rent?
Today's Rent Specials apartment with the most square footage in Downtown Tempe is a 7,104 square feet unit starting from $1,599 at West 6th.
What is the average size for Downtown Tempe Rent Specials Apartments for rent?
The average size for a Rent Specials rental in Downtown Tempe is currently at 615 sq ft.
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
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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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.