
Cheap Homes for Rent in Downtown Tempe Neighborhood of Tempe, AZ from $500 (76 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Downtown Tempe area of Tempe.


925 N College Ave

1811 E Apache Blvd

1850 E Hayden Ln

826 S Casitas Dr

2525 S College Ave

1125 E Broadway Rd

1201 S McClintock Dr

242 S Beck Ave

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

242 S Beck Ave

1055 W 5th St

616 S Hardy Dr

1443 E El Parque Dr

2025 S Granada Dr

3031 S Rural Rd

615 S Hardy Dr

1033 N Parkside Dr

1811 E Apache Blvd

1811 E Apache Blvd

1811 E Apache Blvd

1811 E Apache Blvd

1811 E Apache Blvd

700 E Mesquite Cir

544 S Wilson St

1235 S Roosevelt St
Downtown Tempe, Tempe, AZ Local Guide

How much does it cost to rent a home in Downtown Tempe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Tempe 2 Bedroom Homes for Rent | $1,554 | $950 | $2,850 |
| Downtown Tempe 3 Bedroom Homes for Rent | $2,326 | $1,000 | $5,500 |
| Downtown Tempe 4 Bedroom Homes for Rent | $2,973 | $900 | $5,500 |
| Downtown Tempe 5 Bedroom Homes for Rent | $3,941 | $2,000 | $6,000 |
| Downtown Tempe 6 Bedroom Homes for Rent | $5,600 | $4,650 | $6,500 |
| Downtown Tempe 7 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 76 rentals with your search options within a 2 mile radius of the Downtown Tempe Neighborhood of Tempe, AZ.
Explore Tempe
Frequently Asked Questions about Downtown Tempe
What type of rentals are currently available in Downtown Tempe?
There are currently 439 Apartments for Rent in Downtown Tempe, AZ with pricing that ranges from $695 to $15,000. There are also 275 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Tempe ranging from $599 to $7,500.
What is the current price range for Rental Homes in Downtown Tempe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Tempe ranges from $599 to $7,500 with an average monthly rent of $3,290.
How much are larger Three and Four Bedroom Rentals in Downtown Tempe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Tempe range from $775 to $5,609, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $5,500. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $695.
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

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.