Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ Under $1,500 (193 Rentals)

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IMT Desert Palm Village
Rent Specials
$1,258 - $2,228
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$1,258 - $2,228
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1 to 3 Bedroom Apartments Available Now

IMT Desert Palm Village

1215 E Vista Del Cerro DrTempe, AZ 85281
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Aura Watermark
Rent Specials
$1,487 - $4,617
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$1,487 - $4,617
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Studio to 3 Bedroom Apartments Available Now

Aura Watermark

420 N Scottsdale RdTempe, AZ 85281
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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.

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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.

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San Portella
Rent Specials
$1,428 - $5,151
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$1,428 - $5,151
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1 to 3 Bedroom Apartments Available Now

San Portella

2155 S 55th StTempe, AZ 85282
Corporate Housing
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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.

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Aura Apache
Rent Specials
$1,487 - $2,553
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$1,487 - $2,553
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Studio to 2 Bedroom Apartments Available Now

Aura Apache

1820 E Apache BlvdTempe, AZ 85281
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West 5th
$1,334
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Base Rent
$1,334
Total Monthly Price
$1,334
1 to 2 Bedroom Apartments Available Now

West 5th

601 W 5th StTempe, AZ 85281
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Gateway at Tempe
$715 - $1,585
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$715 - $1,585
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1 to 4 Bedroom Apartments Available Now

Gateway at Tempe

1655 E University DrTempe, AZ 85288
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Phoenix's Best Affordable Neighborhoods

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

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Eastridge Apartments
Rent Specials
$957 - $1,810
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$957 - $1,810
Total Monthly Price
$957 - $1,810
Studio to 2 Bedroom Apartments Available Now

Eastridge Apartments

1522 E Southern AveTempe, AZ 85282
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Lyndon Lane
$1,425 - $1,530
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Base Rent
$1,425 - $1,530
Total Monthly Price
$1,425 - $1,530
Studio to 2 Bedroom Apartments Available Now

Lyndon Lane

1548 W University DrTempe, AZ 85281
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Showing Results 1-50, Page 1 of 4

Downtown Tempe, Tempe, AZ Local Guide

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.

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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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The 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.

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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.

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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.

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Best Local Schools in
Downtown Tempe, Tempe, AZ

School data provided by Great Schools

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 $1,470.

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 $895 to $7,944 with an average monthly rent of $1,639.

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 $1,000 to $7,231. Today's average rental price for Two Bedrooms here is $1,951.

How expensive are Downtown Tempe Three Bedroom Apartments?

There are currently 133 Three Bedroom Apartments listings available in Downtown Tempe on ApartmentHomeLiving.com. The pricing ranges from $775 to $10,448 - averaging $2,661 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

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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).

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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.

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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.

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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

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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.

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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.

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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.

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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.