Studio Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ (83 Rentals)

Smith & Rio

Paseo on University

The Aubrey

Aura Watermark
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Trovita Rio

Vela at Tempe Town Lake

Volta on Broadway

Onnix Apartments

University Valley Apartments

MAA Fountainhead
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Grandes Cortes

University Pointe Apartments

Aura Apache

NOVO Broadway Apartments

Eastridge Apartments
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Ten01

Skywater at Tempe Town Lake

Lyndon Lane

Villas on 4th

Emerson Square

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

1001 E Playa Del Norte Dr

1001 E Playa Del Norte Dr

1001 E Playa Del Norte Dr

1001 E Playa Del Norte Dr

1001 E Playa Del Norte Dr

1522 E Southern Ave
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 | $1,540 | $675 | $4,205 |
Downtown Tempe 1 Bedroom Apartments | $1,754 | $850 | $5,085 |
Downtown Tempe 2 Bedroom Apartments | $2,120 | $1,000 | $5,454 |
Downtown Tempe 3 Bedroom Apartments | $2,493 | $840 | $10,000+ |
Downtown Tempe 4 Bedroom Apartments | $1,578 | $700 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 83 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
- Nearby Tempe neighborhoods
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Largest Available Downtown Tempe Studio Apartments
The largest available Studio apartment unit in the Downtown Tempe area of Phoenix, AZ is found at Ten01 and is listed at 1,141 square feet priced from $2,109. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Ten01 | Studio Loft | 1,141 Sq Ft | $2,109 |
SALT | Studio | 775 Sq Ft | $1,726 |
Parkside Apartments | S1 | 770 Sq Ft | $1,510 |
Aura Apache | S2H | 748 Sq Ft | $1,484 |
THE ACCESS | S6L | 735 Sq Ft | $1,385 |
NOVO Broadway Apartments | S1 | 632 Sq Ft | $1,539 |
Skywater at Tempe Town Lake | S1 | 632 Sq Ft | $1,420 |
Norte Town Lake | S04 | 615 Sq Ft | $1,600 |
The Aubrey | Welles | 615 Sq Ft | $1,568 |
Cheapest Available Downtown Tempe Studio Apartments
Currently the lowest priced Studio apartment unit Downtown Tempe of Phoenix, AZ is the Studio Model starting from $974 at Parq on 5th. The average price for all Studio apartments in Downtown Tempe is currently $1,540. Here is today’s list of the cheapest available Studio options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
Parq on 5th | Studio | $974 |
Polanco | Studio | $999 |
Willow Creek | STDO-405 | $999 |
University Pointe Apartments | Studio | $999 |
Studio 710 Apartments | Small Studio- Upgraded | $1,040 |
Villas on 4th | Studio | $1,050 |
Grandes Cortes | Studio | $1,109 |
University Valley Apartments | Private Studio: Fall 2025 PRE-Lease APPLY NOW! ... | $1,150 |
Ten01 | Studio | $1,174 |
Paseo on University | Studio Apartments Near ASU | $1,195 |
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.
Pet Friendly LifestyleDowntown Tempe, Tempe, AZ
Ranked #4
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Tempe, Tempe, AZ
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Tempe, Tempe, and the greater Phoenix area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 Studio Downtown Tempe Apartments
What is the Cheapest apartment in Downtown Tempe with Studio?
Currently the most affordable Studio in Downtown Tempe is at Parq on 5th listed at $974.
How much is the average rent for a Studio Downtown Tempe Apartment?
The average rent for a Studio Apartment in Downtown Tempe is $1,540.
What is the largest available Studio Downtown Tempe Apartment for rent?
Today's apartment with the most square footage in Downtown Tempe is a 1,141 square feet unit starting from $2,109 at Ten01.
What is the average size for Downtown Tempe Studio Apartments for rent?
The average size for a Studio rental in Downtown Tempe is currently 522 sq ft.
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.

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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).

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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.