
Cheap Apartments for Rent in the Mitchell Park Neighborhood of Tempe, AZ from $700 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mitchell Park area of Tempe.


Villas on 4th

Studio 710 Apartments

Grandes Cortes

Solaris On University

Margo

Riverside Apartments

1223 W University Dr

1219 S Farmer Ave

700 W University Dr
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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.

906 S Farmer Ave

Total Monthly Price
Westmount at Downtown Tempe

The Halston

1029 S Wilson St

Total Monthly Price
Parq on 5th

615 S Hardy Dr

West 5th

Axio Apartments

117 W Broadway Rd

The Local Tempe Luxury Apartments
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.

Luna Bear 5th Street

Skywater at Tempe Town Lake

1232 W 4th St

905 S Ash Ave

McKemy at Tempe Town Lake

405 S Priest Dr

Total Monthly Price
Roosevelt Park

Total Monthly Price
1314 W 3rd St, Unit 1

521 W 10th St

Total Monthly Price
Trovita Rio
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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.

Lyndon Lane

Total Monthly Price
SALT

242 S Beck Ave

Hudson on Farmer

Total Monthly Price
San Portella

Parque Villa

1010 W University Dr

Palm Breeze Apartments

Broadway Park

Plaza East
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.

Venture on Wilson

The Vintage on College

Hidden Glen

Encore on Farmer

Dwell at 5th and Farmer

Parkside Apartments

Echo Tempe

902 and 908 W. 2nd Street

Mockingbird Palms Apartments

Parkview on 5th
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Mitchell Park, Tempe, AZ Local Guide

How much does it cost to rent an apartment in Mitchell Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mitchell Park Studio Apartments | $1,572 | $899 | $2,585 |
| Mitchell Park 1 Bedroom Apartments | $1,868 | $929 | $4,300 |
| Mitchell Park 2 Bedroom Apartments | $2,365 | $1,100 | $5,070 |
| Mitchell Park 3 Bedroom Apartments | $3,006 | $1,004 | $5,782 |
| Mitchell Park 4 Bedroom Apartments | $2,887 | $850 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 1 mile radius of the Mitchell Park Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Mitchell Park, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
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- School Districts
Cheapest Available Mitchell Park Apartments for Rent
 The cheapest available apartment rental in the Mitchell Park area of Phoenix, AZ is a Studio unit found at Villas on 4th priced from $875. Grandes Cortes has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Mitchell Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas on 4th | Studio | Studio,1BA | $875 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Margo | Studio | Studio,1BA | $929 |
| Parkside Apartments | A1 | 1BR,1BA | $999 |
| Solaris On University | U1 - 1 x 1 | 1BR,1BA | $1,029 |
| The Vintage on College | 1x1 Remodeled W/D | 1BR,1BA | $1,050 |
| Westmount at Downtown Tempe | Sunrise Diamond | 1BR,1BA | $1,116 |
| The Halston | A1 | 1BR,1BA | $1,135 |
| West 5th | 1BR/1.0BA | 1BR,1BA | $1,199 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Mitchell Park, AZ
As of February 27, 2026 the best value apartment in the Mitchell Park area is the $1.74 price per square foot 3A Model at San Portella in the in the Downtown Tempe neighborhood starting from $2,279. The second greatest value Mitchell Park apartment is the B1 Model at Luna Bear 5th Street starting at $1,299 with a $1.37 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Mitchell Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Portella | 3A | 3BR,2BA | $1.74 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Parq on 5th | Townhome | 2BR,1.5BA | $1.55 |
| Lyndon Lane | Two Bed One Bath | 2BR,1BA | $1.66 |
| Roosevelt Park | 2 Bedroom 2 Bath | 2BR,2BA | $1.80 |
| GREAT COMMUNITY BY ASU | 2BR/1.0BA | 2BR,1BA | $1.73 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.73 |
| Solaris On University | S2 -2 x 1 | 2BR,1BA | $1.68 |
| The Halston | A1 | 1BR,1BA | $1.80 |
| Parkside Apartments | A1 | 1BR,1BA | $1.64 |
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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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 LifestyleMitchell Park, Tempe, AZ
Ranked #25
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Mitchell Park, Tempe, AZ
School data provided by Great Schools
Frequently Asked Questions about Cheap Mitchell Park Apartments
What is the Cheapest Studio apartment in Mitchell Park?
Currently the most affordable Cheap Studio Apartment in Mitchell Park is at Villas on 4th listed at $875.
How much is rent for a Cheap One Bedroom Mitchell Park Apartment?
The lowest price for a Cheap One Bedroom Mitchell Park Apartment is $999 at Parkside Apartments.
What is the lowest price for a Cheap Two Bedroom Mitchell Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mitchell Park is starting from $1,109 at Solaris On University.
What is the most affordable Mitchell Park Three Bedroom Apartment?
The best deal on a cheap Mitchell Park Three Bedroom Apartment rental is at Union Tempe and starts from $1,225.
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

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.

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.