Cheap Apartments for Rent in the Optimist Park Neighborhood of Tempe, AZ from $800 (31 Rentals)

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

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Optimist Park, Tempe, AZ Local Guide

Cheapest Available Optimist Park Apartments for Rent

 

The cheapest available apartment rental in the Optimist Park area of Phoenix, AZ is a Studio unit found at Sono Tempe priced from $921. Waterstone has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Optimist Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Sono TempeOlsenStudio,1BA$921
WaterstoneStudio S1-380Studio,1BA$925
San Jose Manor0BR/1.0BAStudio,1BA$939
Sorrento ApartmentsStudio, One-BathroomStudio,1BA$950
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$972
Villetta Apartment HomesB12BR,1BA$983
Emerald ApartmentsStudioStudio,1BA$995
The FlatsE11BR,1BA$999
Tempe Park PlaceHorizon1BR,1BA$1,020
Avana TempeStudio - SophisticatedStudio,1BA$1,022

Best Value Apartments for Rent in Optimist Park, AZ

As of October 14, 2025 the best value apartment in the Optimist Park area is the $1.30 price per square foot 2x2 Model at La Estancia Apartment Homes in the in the South Phoenix neighborhood starting from $1,492. The second greatest value Optimist Park apartment is the B2 Model at The Enclave Apartment Homes starting at $1,617 with a $1.61 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Optimist Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
La Estancia Apartment Homes2x22BR,2BA$1.30
The Enclave Apartment HomesB22BR,2BA$1.61
Lakeview at the BaySan Marcos2BR,2BA$1.49
Twin PalmsTwo-Bedroom Two-Bathroom2BR,2BA$1.49
Aventerra at Dobson Ranch ApartmentsB12BR,1BA$1.58
Sycamore Square Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.62
Hohokam VillasPapago1BR,1BA$1.65
The Place at El PradoA11BR,1BA$1.66
Tempe Park PlaceHorizon1BR,1BA$1.62
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$1.56

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Pet Friendly Lifestyle
Optimist Park, Tempe, AZ

Ranked #31

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 Cheap Optimist Park Apartments

What is the Cheapest Studio apartment in Optimist Park?

Currently the most affordable Cheap Studio Apartment in Optimist Park is at Waterstone listed at $925.

How much is rent for a Cheap One Bedroom Optimist Park Apartment?

The lowest price for a Cheap One Bedroom Optimist Park Apartment is $972 at District at Fiesta Park.

What is the lowest price for a Cheap Two Bedroom Optimist Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Optimist Park is starting from $971 at Villetta Apartment Homes.

What is the most affordable Optimist Park Three Bedroom Apartment?

The best deal on a cheap Optimist Park Three Bedroom Apartment rental is at The Enclave Apartment Homes and starts from $1,801.

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.