
Cheap Homes for Rent in the North Tempe Neighborhood of Tempe, AZ from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the North Tempe area of Tempe.


7110 E Continental Dr

925 N College Ave, Unit C111

1243 N Oleander St

609 E Mesquite Cir

335 E Papago 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.

930 E Henry St

945 E Playa Del Norte Dr

7660 E McKellips Rd

329 E Ambassador Dr

7427 E McKinley St

7544 E Kimsey Ln
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.
North Tempe, Tempe, AZ Local Guide

How much does it cost to rent a home in North Tempe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Tempe 2 Bedroom Homes for Rent | $2,510 | $1,295 | $3,995 |
| North Tempe 3 Bedroom Homes for Rent | $3,749 | $1,750 | $9,995 |
| North Tempe 4 Bedroom Homes for Rent | $3,659 | $2,495 | $6,995 |
| North Tempe 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the North Tempe Neighborhood of Tempe, AZ.
Explore Tempe
Cheapest Available North Tempe Apartments for Rent
 The cheapest available apartment rental in the North Tempe area of Phoenix, AZ is a 1 Bed unit found at Scottsdale Gateway priced from $967. Polanco has the second lowest priced unit, which is a Studio apartment currently listed from $997. Here are the most affordable North Tempe apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Scottsdale Gateway | Bayonne | 1BR,1BA | $967 |
| Polanco | Studio | Studio,1BA | $997 |
| Hacienda De Los Arcos | One Bedroom | 1BR,1BA | $1,195 |
| Solaire on Scottsdale | Manhattan | 2BR,1BA | $1,222 |
| Rio Paradiso | A1 | 1BR,1BA | $1,265 |
Best Value Apartments for Rent in North Tempe, AZ
As of July 12, 2026 the best value apartment in the North Tempe area is the $1.49 price per square foot 3 Beds, 2 Baths Model at 329 E Ambassador Dr in the in the Downtown Tempe neighborhood starting from $2,250. The second greatest value North Tempe apartment is the 2x2 Model at The Aubrey starting at $2,209 with a $1.71 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for North Tempe apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 329 E Ambassador Dr | 3 Beds, 2 Baths | 3BR,2BA | $1.49 |
| The Aubrey | 2x2 | 2BR,2BA | $1.71 |
| Northbend | K | 2BR,2BA | $1.92 |
| Norte Town Lake Apartments | B01 | 2BR,2BA | $2.28 |
| Solaire on Scottsdale | Manhattan Platinum Renovation | 2BR,1BA | $1.77 |
| The Palms on Scottsdale | 1A | 1BR,1BA | $1.65 |
| San Travesia | 1 BED/1BATH (229-1b) | 1BR,1BA | $2.18 |
| Skywater at Tempe Town Lake | A2 | 1BR,1BA | $2.24 |
| Rio Paradiso | A1 | 1BR,1BA | $1.71 |
| Hacienda De Los Arcos | One Bedroom | 1BR,1BA | $1.92 |
Frequently Asked Questions about North Tempe
What type of rentals are currently available in North Tempe?
There are currently 91 Apartments for Rent in North Tempe, AZ with pricing that ranges from $997 to $9,500. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Tempe ranging from $1,200 to $9,995.
What is the current price range for Rental Homes in North Tempe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Tempe ranges from $1,200 to $9,995 with an average monthly rent of $2,803.
How much are larger Three and Four Bedroom Rentals in North Tempe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in North Tempe range from $2,033 to $6,807, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $9,995. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,274.
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 Expert's 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).

Expert's 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 Expert's 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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
Written by: Christine Leonard, Esq.
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.