
Cheap Studio Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ from $675 (57 Rentals)


Total Monthly Price
1320 S Ash Ave, Unit Studio

1320 S Ash Ave

Villas on 4th

Grandes Cortes

Margo

The Place of Tempe

Solaris On University

University Pointe Apartments

Total Monthly Price
Parq on 5th
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Studio 710 Apartments

Onnix Apartments

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Eastridge Apartments

Riverside Apartments

1522 E Southern Ave

THE ACCESS

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Vela at Tempe Town Lake

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SALT

Ten01

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Volta on Broadway
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1033 N Parkside Dr

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Array on Apache

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Nexa

Skywater at Tempe Town Lake

Norte Town Lake Apartments

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Vero

Northbend

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Trovita Rio

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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.

Hudson on Farmer

MAA Fountainhead

Total Monthly Price
Aura Watermark

The Local Tempe Luxury Apartments

1010 W University Dr

Suite 16

Riviera Palms

Cortez Palms Apartments

The Regency Apartment Homes

University Square
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.

University Gardens

Paseo on University

Apache Lofts

Aces on Apache

La Paloma Apartments

Dwell at 5th and Farmer

1522 E Southern Ave

The Warhol

Wilson Studios

Rio Paradiso
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.
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 | $1,530 | $675 | $3,689 |
| Downtown Tempe 1 Bedroom Apartments | $1,657 | $850 | $4,275 |
| Downtown Tempe 2 Bedroom Apartments | $1,965 | $1,030 | $6,544 |
| Downtown Tempe 3 Bedroom Apartments | $2,602 | $830 | $6,762 |
| Downtown Tempe 4 Bedroom Apartments | $1,433 | $770 | $10,000+ |
Explore Tempe
Downtown Tempe, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 Cheap Downtown Tempe Apartments
What is the Cheapest Studio apartment in Downtown Tempe?
Currently the most affordable Cheap Studio Apartment in Downtown Tempe is at Villas on 4th listed at $875.
How much is rent for a Cheap One Bedroom Downtown Tempe Apartment?
The lowest price for a Cheap One Bedroom Downtown Tempe Apartment is $875 at Villas on 4th.
What is the lowest price for a Cheap Two Bedroom Downtown Tempe Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Tempe is starting from $875 at Villas on 4th.
What is the most affordable Downtown Tempe Three Bedroom Apartment?
The best deal on a cheap Downtown Tempe Three Bedroom Apartment rental is at Villas on 4th and starts from $875.
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

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.

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.
