
Cheap Homes for Rent in Optimist Park Neighborhood of Tempe, AZ from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Optimist Park area of Tempe.


1402 E Guadalupe Rd

Furnished Studio-Phoenix - Mesa - West
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.

1976 E Del Sur Dr

2130 E Radcliffe Dr

1746 E Redfield Rd
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.

2158 E Sesame St
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 | $1,595 | $1,595 | $1,595 |
| Optimist Park 3 Bedroom Homes for Rent | $2,913 | $2,165 | $5,000 |
| Optimist Park 4 Bedroom Homes for Rent | $3,835 | $2,745 | $5,200 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Sentry Tempe priced from $888. Waterstone has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Optimist Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sentry Tempe | Kona | Studio,1BA | $888 |
| Waterstone | Studio S1-380 | Studio,1BA | $900 |
| District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $942 |
Best Value Apartments for Rent in Optimist Park, AZ
As of April 15, 2026 the best value apartment in the Optimist Park area is the $1.54 price per square foot Zuni Model at Hohokam Villas in the in the South Phoenix neighborhood starting from $1,559. The second greatest value Optimist Park apartment is the Meridian Model at Talavera starting at $1,450 with a $1.59 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. |
|---|---|---|---|
| Hohokam Villas | Zuni | 1BR,1BA | $1.54 |
| Talavera | Meridian | 2BR,2BA | $1.59 |
| Aventerra at Dobson Ranch Apartments | B1 | 2BR,1BA | $1.47 |
| Lakeview at the Bay | Malibu | 1BR,1BA | $1.50 |
| 2146 West Isabella #254, Unit Isabella Ave Condo in Dobson Villas | 2146 West Isabella #254 | 1BR,1BA | $1.66 |
| Del Coronado | 1 Bedroom 1 Bath - A1 | 1BR,1BA | $1.61 |
| Vista Valley | A1 | 1BR,1BA | $1.66 |
| District at Fiesta Park | A2 - 1 Bed | 1 Bath | 1BR,1BA | $1.52 |
| Garden Place | 1A | 1BR,1BA | $1.66 |
| San Jose Manor | 1BR/1.0BA | 1BR,1BA | $1.73 |
Frequently Asked Questions about Optimist Park
What type of rentals are currently available in Optimist Park?
There are currently 40 Apartments for Rent in Optimist Park, AZ with pricing that ranges from $888 to $5,800. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Optimist Park ranging from $1,595 to $5,200.
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 $1,595 to $5,200 with an average monthly rent of $2,781.
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 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).

Experts 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 Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.