Cheap Homes for Rent in Mitchell Park Neighborhood of Tempe, AZ from $500 (12 Rentals)

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

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.

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.

Mitchell Park, Tempe, AZ Local Guide

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 Margo priced from $829. Studio 710 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here are the most affordable Mitchell Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
MargoStudioStudio,1BA$829
Studio 710 ApartmentsSmall Studio DeluxeStudio,1BA$849
Grandes CortesStudioStudio,1BA$899
Parq on 5thStudioStudio,1BA$957
Solaris On UniversityS1 -1 x 11BR,1BA$969

Best Value Apartments for Rent in Mitchell Park, AZ

As of October 13, 2025 the best value apartment in the Mitchell Park area is the $1.43 price per square foot 3/3 Model at The Hardy Tempe Townhome Living in the in the Downtown Tempe neighborhood starting from $2,445. The second greatest value Mitchell Park apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,595 with a $1.65 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Hardy Tempe Townhome Living3/33BR,3BA$1.43
Roosevelt Luxury Townhomes2x2.5 Standard Garage2BR,2.5BA$1.65
Dolce Villagio TownhomesTwo Bedroom 2.5 Bathroom2BR,2.5BA$1.78
Luna Bear 5th StreetB12BR,2BA$1.45
Corsican2 Bed - 1 Bath2BR,1BA$1.42
Lyndon LaneTwo Bed One Bath2BR,1BA$1.67
West 5th2BR/1.0BA2BR,1BA$1.73
522 W Howe St, Unit 522522 W Howe St1BR,1BA$1.25
The Vintage on College1x1 Remodeled W/D1BR,1BA$1.75
Solaris On UniversityS1 -1 x 11BR,1BA$1.79

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
Mitchell Park, Tempe, AZ

Ranked #38

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Mitchell Park

What type of rentals are currently available in Mitchell Park?

There are currently 196 Apartments for Rent in Mitchell Park, AZ with pricing that ranges from $829 to $15,000. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mitchell Park ranging from $575 to $5,500.

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 $575 to $5,500 with an average monthly rent of $2,101.

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 $5,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $899.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.