
Cheap Homes for Rent in the Mitchell Park Neighborhood of Tempe, AZ from $700 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Mitchell Park area of Tempe.


705 W 16th St

1214 S Roosevelt St, Unit B

1318 S Mitchell Dr

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

700 W University Dr, Unit 125

524 W Howe St

1333 W 5th St
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.

1238-1238 W 4th St

729 W University Dr

729 W University Dr

330 S Beck Ave

123 E Broadway Rd

1200 S Farmer Ave

330 S Beck Ave, Unit 224

407 W Howe St
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.

407 W Howe St

1200 S Farmer Ave

1065 W 1st St

700 W University Dr

731 W University Dr

731 W University Dr

1238 W 4th St

504 W Brown 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.

2123 W Hu Esta Dr

504 W Brown St

1315 W 4th St

1311 W 4th St

617 S Roosevelt St

934 W Parkway Blvd

1518 W 5th St

1055 W 5th St
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.

514 W 9th St

514 W 9th St
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 | $1,887 | $1,050 | $3,995 |
| Mitchell Park 3 Bedroom Homes for Rent | $2,581 | $1,000 | $6,495 |
| Mitchell Park 4 Bedroom Homes for Rent | $3,311 | $2,000 | $7,500 |
| Mitchell Park 5 Bedroom Homes for Rent | $3,315 | $750 | $4,750 |
| Mitchell Park 6 Bedroom Homes for Rent | $3,931 | $3,395 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the Mitchell Park Neighborhood of Tempe, AZ.
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Mitchell Park, Tempe, AZ Local Guide
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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 Solaris On University priced from $829. Margo has the second lowest priced unit, which is a Studio apartment currently listed from $929. Here are the most affordable Mitchell Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Solaris On University | Studio | Studio,1BA | $829 |
| Margo | Studio | Studio,1BA | $929 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,059 |
| The Halston Apartments | A1 | 1BR,1BA | $1,068 |
| Parkside Apartments | A1 | 1BR,1BA | $1,075 |
| Parq on 5th | Studio | Studio,1BA | $1,109 |
| GREAT COMMUNITY BY ASU | 1BR/1.0BA | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Mitchell Park, AZ
As of July 12, 2026 the best value apartment in the Mitchell Park area is the $1.36 price per square foot 3 Beds, 3.5 Baths Model at 430 W 7th St in the in the Downtown Tempe neighborhood starting from $2,995. The second greatest value Mitchell Park apartment is the 2x2.5 Den, Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,950 with a $1.60 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. |
|---|---|---|---|
| 430 W 7th St | 3 Beds, 3.5 Baths | 3BR,3.5BA | $1.36 |
| Roosevelt Luxury Townhomes | 2x2.5 Den, Standard Garage | 2BR,2.5BA | $1.60 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Westmount at Downtown Tempe Apartments | Coastline | 3BR,1BA | $1.65 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.31 |
| Lyndon Lane | Lyndon Lane Two Bedroom One Bath | 2BR,1BA | $1.66 |
| 524 W Howe St, Unit 524 | 524 W Howe St | 1BR,1BA | $1.40 |
| The Halston Apartments | A1 | 1BR,1BA | $1.70 |
| Parkside Apartments | A1 | 1BR,1BA | $1.76 |
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?
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Pet Friendly LifestyleMitchell Park, Tempe, AZ
Ranked #41
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 200 Apartments for Rent in Mitchell Park, AZ with pricing that ranges from $829 to $13,500. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mitchell Park ranging from $750 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 $750 to $7,500 with an average monthly rent of $2,488.
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 $1,230 to $5,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $999.
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

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.