Cheap Apartments for Rent in the Meyer Park Neighborhood of Tempe, AZ from $500 (136 Rentals)

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

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.

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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.

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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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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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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 1 Bed unit found at The Atrium priced from $850. Hayden Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Meyer Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Atrium1x11BR,1BA$850
Hayden Terrace0x1Studio,1BA$850
Aster on UniversityS1 RStudio,1BA$899
Sentry TempeKonaStudio,1BA$902
San Jose Manor0BR/1.0BAStudio,1BA$939
Terra VidaSA Renovation 4Studio,1BA$980
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$985
Emerson Square1 Bed 1 Bath1BR,1BA$988
Willow CreekSTDO-405Studio,1BA$995

Best Value Apartments for Rent in Meyer Park, AZ

As of October 26, 2025 the best value apartment in the Meyer Park area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Meyer Park apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $2,300 with a $1.44 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.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.53
The Howe Apartments2 Bedroom 2 Bath Unit2BR,2BA$1.44
Nine20 TempeD1 PHPV4BR,4BA$0.75
525-539 W Pebble Beach2 Beds, 1 bath2BR,1BA$1.42
Sago GardensTownhome2BR,1BA$1.37
Cape Cod Apartments2BR/1.0BA2BR,1BA$1.44
University ParkTwo Bedroom Two Bathroom Ensuite2BR,2BA$1.25
Broadstone Tempe StationExpress1BR,1BA$1.46
Brix2 Bed - 2 Bath2BR,2BA$1.45
522 W Howe St, Unit 522522 W Howe St1BR,1BA$1.25

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Pet Friendly Lifestyle
Meyer Park, Tempe, AZ

Ranked #5

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Meyer Park, Tempe, AZ

School data provided by Great Schools

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 the Cheapest Studio apartment in Meyer Park?

Currently the most affordable Cheap Studio Apartment in Meyer Park is at Hayden Terrace listed at $850.

How much is rent for a Cheap One Bedroom Meyer Park Apartment?

The lowest price for a Cheap One Bedroom Meyer Park Apartment is $850 at The Atrium.

What is the lowest price for a Cheap Two Bedroom Meyer Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Meyer Park is starting from $999 at Hayden Terrace.

What is the most affordable Meyer Park Three Bedroom Apartment?

The best deal on a cheap Meyer Park Three Bedroom Apartment rental is at The Lennox at Tempe and starts from $1,450.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.