Cheap Apartments for Rent in the Meyer Park Neighborhood of Tempe, AZ from $700 (121 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Meyer Park area of Tempe.

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.

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.

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.

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.

Phoenix's Best Affordable Neighborhoods

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

Meyer Park, Tempe, AZ Local Guide

Cheapest Available Meyer Park Apartments for Rent

 

The cheapest available apartment rental in the Meyer Park area of Phoenix, AZ is a Studio unit found at Aster on University priced from $865. San Jose Manor has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Meyer Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Aster on UniversityS1 CStudio,1BA$865
San Jose ManorStudioStudio,1BA$949
Central on BroadwayD1BR,1BA$979
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$985
Emerson SquareStudioStudio,1BA$1,000
Terra VidaSA Renovation 2Studio,1BA$1,000
Paseo on University1 Bedroom Apartment Near ASU Tempe1BR,1BA$1,004
Villatree ApartmentsStudioStudio,1BA$1,024
Sono TempeOlsenStudio,1BA$1,032
Willow CreekSTDO-405Studio,1BA$1,035

Best Value Apartments for Rent in Meyer Park, AZ

As of July 14, 2025 the best value apartment in the Meyer Park area is the $1.32 price per square foot Oasis w/ Balcony Model at Tempe Park Place in the in the South Phoenix neighborhood starting from $1,345. The second greatest value Meyer Park apartment is the San Marcos Model at Lakeview at the Bay starting at $1,484 with a $1.49 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Meyer Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tempe Park PlaceOasis w/ Balcony2BR,2BA$1.32
Lakeview at the BaySan Marcos2BR,2BA$1.49
The Rev Apartment HomesB12BR,2BA$1.39
525-539 W Pebble Beach2 Beds, 1 bath2BR,1BA$1.42
Nine20 TempeB12BR,2BA$1.39
University ParkTwo Bedroom Two Bathroom Ensuite2BR,2BA$1.48
Broadstone Tempe StationExpress1BR,1BA$1.49
MadEry ApartmentsSaguaro2BR,1BA$1.41
Emerson Park2 Bed 1 Bath2BR,1BA$1.51
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$1.52

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Meyer Park, Tempe, AZ

Ranked #5

Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team is happy to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Arizona including Meyer Park, Tempe, and the greater Phoenix area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, family-friendliness, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Meyer Park Apartments

What is a cheap apartment in Meyer Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Meyer Park is under $1,035.

What is the price of a cheap apartment in Meyer Park?

The cheapest apartment in Meyer Park is Central on Broadway which is listed at $979, while the average apartment in Meyer Park costs $2,221.

What types of apartments are the cheapest in Meyer Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 246 regular apartments in Meyer Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Meyer Park?

Cheap apartments in Meyer Park have an average cost of $570 which is $1,651 cheaper than the average rent for all rentals in Meyer Park.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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.