
Cheap Homes for Rent in the Optimist Park Neighborhood of Tempe, AZ from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Optimist Park area of Tempe.


2338 W Lindner Ave

1402 E Guadalupe Rd

1925 E Sesame 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.

1536 E Gemini Dr

2008 E Watson Dr

3226 N Ellis St

2035 E Cornell 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.
Optimist Park, Tempe, AZ Local Guide

How much does it cost to rent a home in Optimist Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Optimist Park 2 Bedroom Homes for Rent | $1,647 | $1,600 | $1,695 |
| Optimist Park 3 Bedroom Homes for Rent | $2,963 | $2,090 | $6,495 |
| Optimist Park 4 Bedroom Homes for Rent | $3,423 | $2,695 | $5,200 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Optimist Park Neighborhood of Tempe, AZ.
Explore Tempe
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 The Flats priced from $864. District at Fiesta Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Optimist Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats | E1 | Studio,1BA | $864 |
| District at Fiesta Park | A1: 1 Bed 1 Bath | 1BR,1BA | $910 |
| Sentry Tempe | Kona | Studio,1BA | $926 |
Best Value Apartments for Rent in Optimist Park, AZ
As of July 15, 2026 the best value apartment in the Optimist Park area is the $1.50 price per square foot Catalina Model at Talavera in the in the South Phoenix neighborhood starting from $1,649. The second greatest value Optimist Park apartment is the C3 Model at La Costa at Dobson Ranch starting at $1,699 with a $1.63 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Optimist Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Talavera | Catalina | 2BR,2BA | $1.50 |
| La Costa at Dobson Ranch | C3 | 2BR,2BA | $1.63 |
| The Enclave Apartment Homes | B2 | 2BR,2BA | $1.57 |
| The Rev Apartment Homes | B1 | 2BR,2BA | $1.54 |
| Hohokam Villas | Papago | 1BR,1BA | $1.59 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.55 |
| Vista Valley | A2 | 1BR,1BA | $1.61 |
| Sofia Apartments | The Athena (1x1) | 1BR,1BA | $1.55 |
| District at Fiesta Park | A2: 1 Bed 1 Bath | 1BR,1BA | $1.47 |
| Garden Place | 1A | 1BR,1BA | $1.67 |
Frequently Asked Questions about Optimist Park
What type of rentals are currently available in Optimist Park?
There are currently 42 Apartments for Rent in Optimist Park, AZ with pricing that ranges from $864 to $7,285. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Optimist Park ranging from $1,600 to $6,495.
What is the current price range for Rental Homes in Optimist Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Optimist Park ranges from $1,600 to $6,495 with an average monthly rent of $2,677.
How much are larger Three and Four Bedroom Rentals in Optimist Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Optimist Park range from $1,794 to $5,956, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,090 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $3,558.
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.