
Homes for Rent in Downtown Tempe Neighborhood of Tempe, AZ Under $1,500 (52 Rentals)


1065 W 1st St

1409 S Mill Ave, Unit Main

731 W University Dr

906 S Farmer Ave, Unit C

700 W University Dr, Unit 106

1886 E Don Carlos Ave

2005 S College Ave

1207 E Loyola Dr, Unit smaller bedroom with 1 closet

1415 S Mill Ave, Unit #2
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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1508 E Williams St, Unit Studio

1328 W 6th St

910 S Dorsey Ln

912 S Dorsey Ln

1939 E Concorda Dr

1905 E University Dr

1630 E 12th St

1630 E 12th St

1630 E 12th St
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1630 E 12th St

1630 E 12th St

1309 W 10th St

403 W Howe St

3031 S Rural Rd

2525 S College Ave

330 S Beck Ave

1620 E Apache Blvd

1215 E Lemon St

1905 E University Dr
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.

2123 W Hu Esta Dr

731 W University Dr

1111 E University Dr

1006 S Dorsey Ln

1405 S Newberry Ln

816 W 2nd St

700 W University Dr

906 S Mariana St

242 S Beck Ave

1522 E Southern Ave
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.

1811 E Apache Blvd

1033 N Parkside Dr

1033 N Parkside Dr

615 S Hardy Dr

615 S Hardy Dr

1811 E Apache Blvd

1811 E Apache Blvd

1811 E Apache Blvd

1811 E Apache Blvd

1522 E Southern 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
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 | $1,677 | $1,000 | $2,850 |
| Downtown Tempe 3 Bedroom Homes for Rent | $2,403 | $999 | $5,500 |
| Downtown Tempe 4 Bedroom Homes for Rent | $3,019 | $1,700 | $6,000 |
| Downtown Tempe 5 Bedroom Homes for Rent | $3,064 | $2,000 | $5,000 |
| Downtown Tempe 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Downtown Tempe Neighborhood of Tempe, AZ.
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Downtown Tempe, Tempe, AZ Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Pet Friendly LifestyleDowntown Tempe, Tempe, AZ
Ranked #3
Among cities in Arizona 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
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 248 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Tempe ranging from $700 to $6,000.
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 $700 to $6,000 with an average monthly rent of $2,126.
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 $6,128, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,700 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
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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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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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
