
Cheap Apartments for Rent in the Pepperwood Neighborhood of Tempe, AZ from $849 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pepperwood area of Tempe.


Mission Springs

Sono Tempe

Sentry Tempe

Tempe Park Place Apartments

Mercury on Mill

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Avana Tempe

Sofia Apartments

Lakeview at the Bay

The Avi
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505 West

Omnia Baseline

Strada

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Eastridge Apartments

Cabana Kyrene

909 West

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Highland Park

Nines At Lakeside

Villagio Furnished

Aria on Mill
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Ponderosa Ranch Apartments

525-539 W Pebble Beach

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Galleria Palms

La Estancia Apartment Homes

Ovation at Tempe

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Allure at Tempe Apartments

MAA Fountainhead

San Marino

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Finisterra On Grove
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CityScape at Lakeshore

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The Enclave Apartment Homes

Shorehaven

Harper

Shoreline at the Lakes

Total Monthly Price
San Portella

Townhomes at Kyrene

1013 W Westchester Ave

812 W Watson Dr

The Molino Apartments
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San Palmilla

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Avana Cordoba

Palms at South Mountain

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The Pointe at South Mountain

Carlyle at South Mountain

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Serafina at South Mountain

Carlyle Townhomes

The Quinn Apartments

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IMT Ahwatukee

Obsidian at South Mountain
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Pepperwood, Tempe, AZ Local Guide

How much does it cost to rent an apartment in Pepperwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pepperwood Studio Apartments | $1,618 | $849 | $4,026 |
| Pepperwood 1 Bedroom Apartments | $1,598 | $907 | $5,890 |
| Pepperwood 2 Bedroom Apartments | $1,701 | $1,020 | $6,541 |
| Pepperwood 3 Bedroom Apartments | $2,436 | $1,499 | $10,000+ |
| Pepperwood 4 Bedroom Apartments | $2,297 | $2,150 | $2,473 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Pepperwood Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Cheapest Available Pepperwood Apartments for Rent
 The cheapest available apartment rental in the Pepperwood area of Phoenix, AZ is a Studio unit found at The Mod at Mills priced from $849. Mission Springs has the second lowest priced unit, which is a Studio apartment currently listed from $901. Here are the most affordable Pepperwood apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mod at Mills | S1 | Studio, 1BA | $849 |
| Mission Springs | Saguaro - Junior One Bedroom | Studio, 1BA | $901 |
| Sono Tempe | Harris | 1BR, 1BA | $907 |
| Sentry Tempe | Kona | Studio, 1BA | $918 |
| The Molino Apartments | Studio 325sqft | Studio, 1BA | $949 |
| Tempe Park Place Apartments | Sunrise | 2BR, 1BA | $999 |
| Avana Tempe | Studio - Sophisticated | Studio, 1BA | $1,009 |
| Sofia Apartments | The Bronte (2x1) | 2BR, 1BA | $1,049 |
| Palms at South Mountain | A1: 1 Bed 1 Bath | 1BR, 1BA | $1,098 |
| Mercury on Mill | Reef - 2bed 1bath | 2BR, 1BA | $1,099 |
Best Value Apartments for Rent in Pepperwood, AZ
As of September 22, 2026 the best value apartment in the Pepperwood area is the $1.45 price per square foot C1 Model at Carlyle Townhomes in the South Phoenix neighborhood starting from $1,965. The second greatest value Pepperwood apartment is the Senecio Model at Allure at Tempe Apartments in the South Phoenix neighborhood starting at $2,150 with a $1.62 price per square foot. Here is today’s list of the best values for Pepperwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carlyle Townhomes | C1 | 3BR, 2BA | $1.45 |
| Allure at Tempe Apartments | Senecio | 4BR, 2BA | $1.62 |
| La Estancia Apartment Homes | 2x2x | 2BR, 2BA | $1.40 |
| San Portella | 2D | 2BR, 2BA | $1.61 |
| 525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR, 1BA | $1.42 |
| Ovation at Tempe | LIVE OAK | 2BR, 2BA | $1.54 |
| Carlyle at South Mountain | A2 | 1BR, 1BA | $1.60 |
| 505 West | Rillito | 1BR, 1BA | $1.56 |
| The Avi | 1x1 | 1BR, 1BA | $1.53 |
| Tempe Park Place Apartments | Horizon | 1BR, 1BA | $1.59 |
Frequently Asked Questions about Cheap Pepperwood Apartments
What is a cheap apartment in Pepperwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pepperwood is under $1,099.
What is the price of a cheap apartment in Pepperwood?
The cheapest apartment in Pepperwood is Sono Tempe which is listed at $907, while the average apartment in Pepperwood costs $1,498.
What types of apartments are the cheapest in Pepperwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 194 regular apartments in Pepperwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pepperwood?
Cheap apartments in Pepperwood have an average cost of $922 which is $576 cheaper than the average rent for all rentals in Pepperwood.
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.
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