
Cheap Homes for Rent in Mitchell Park Neighborhood of Tempe, AZ from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Mitchell Park area of Tempe.


700 W University Dr, Unit G241

1368 W 14th St, Unit Room 3 Full Private Bath

1343 W 3rd St

729 W University Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

330 S Beck Ave

1214 S Roosevelt St, Unit B

1203 W University Dr

731 W University Dr

731 W University Dr
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.

2123 W Hu Esta Dr

616 S Hardy Dr

617 S Roosevelt St

510 W University Dr

21 E 6th St
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.

1245 W 1st St

435 W Rio Salado Pky, Unit 236
Mitchell Park, Tempe, AZ Local Guide

How much does it cost to rent a home in Mitchell Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mitchell Park 2 Bedroom Homes for Rent | $2,063 | $1,200 | $4,500 |
| Mitchell Park 3 Bedroom Homes for Rent | $2,741 | $1,825 | $6,495 |
| Mitchell Park 4 Bedroom Homes for Rent | $3,551 | $2,195 | $7,500 |
| Mitchell Park 5 Bedroom Homes for Rent | $3,682 | $2,795 | $5,000 |
| Mitchell Park 6 Bedroom Homes for Rent | $4,224 | $3,800 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Mitchell Park Neighborhood of Tempe, AZ.
Explore Tempe
Mitchell Park, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- 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 |
| The Place of Tempe | Studio | Studio,1BA | $950 |
| Parq on 5th | Studio | Studio,1BA | $980 |
Best Value Apartments for Rent in Mitchell Park, AZ
As of May 28, 2026 the best value apartment in the Mitchell Park area is the $1.33 price per square foot 2x2.5 Tandem Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,389. The second greatest value Mitchell Park apartment is the Two Bedroom 2.5 Bathroom Model at Dolce Villagio Townhomes starting at $2,125 with a $1.78 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. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Tandem Garage | 2BR,2.5BA | $1.33 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Lyndon Lane | Lyndon Lane Two Bedroom One Bath | 2BR,1BA | $1.66 |
| 312 S Wilson St, Unit Wilson Commons | 312 S Wilson St | 2BR,1BA | $1.83 |
| GREAT COMMUNITY BY ASU | 2BR/1.0BA | 2BR,1BA | $1.73 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.78 |
| Decco 109 | Tempe Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.80 |
| Westmount at Downtown Tempe Apartments | Sunrise | 1BR,1BA | $1.83 |
| 2024 S Mill Ave, Unit 1 | 2024 S Mill Ave | 1BR,1BA | $1.83 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #34
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 Mitchell Park
What type of rentals are currently available in Mitchell Park?
There are currently 193 Apartments for Rent in Mitchell Park, AZ with pricing that ranges from $899 to $14,000. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mitchell Park ranging from $960 to $7,500.
What is the current price range for Rental Homes in Mitchell Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mitchell Park ranges from $960 to $7,500 with an average monthly rent of $2,962.
How much are larger Three and Four Bedroom Rentals in Mitchell Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mitchell Park range from $1,004 to $5,567, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,825 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $1,135.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.