Cheap Apartments for Rent in the Pepperwood Neighborhood of Tempe, AZ from $800 (69 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Avana Tempe
Rent Specials
$1,043 - $6,780
Total Monthly Price

Total Monthly Price

Base Rent
$1,043 - $6,780

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Highland Park
Rent Specials
$1,208 - $1,959
Total Monthly Price

Total Monthly Price

Base Rent
$1,208 - $1,959

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Highland Park

5038 S Hardy DrTempe, AZ 85282
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
CityScape at Lakeshore
Rent Specials
$1,252 - $6,687
Total Monthly Price

Total Monthly Price

Base Rent
$1,252 - $6,687

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

CityScape at Lakeshore

4630 S Lakeshore DrTempe, AZ 85282
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Galleria Palms
$1,345 - $2,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,399

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Galleria Palms

1600 W La Jolla DrTempe, AZ 85282
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Finisterra On Grove
Rent Specials
$1,429 - $2,862
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $2,862

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Finisterra On Grove

1250 W Grove PkyTempe, AZ 85283
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Moda Tempe
1 to 2 Bedroom Apartments

Moda Tempe

534-540 E Huntington DrTempe, AZ 85282
close
View Me
San Capella
1 to 3 Bedroom Apartments

San Capella

1155 W ELLIOT RdTempe, AZ 85284
close
View Me
Tempe Villa
2 to 4 Bedroom Apartments

Tempe Villa

3425 S Priest DrTempe, AZ 85282
  • Utilities Included
close
View Me
Granada Lakes
1 to 2 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
  • Utilities Included
close
View Me
San Marquis
1 to 3 Bedroom Apartments

San Marquis

577-577 E BASELINE RdTempe, AZ 85283

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Cheapest Available Pepperwood Apartments for Rent

 

The cheapest available apartment rental in the Pepperwood area of Phoenix, AZ is a Studio unit found at Sono Tempe priced from $909. The Molino Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Pepperwood apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Sono TempeOlsenStudio,1BA$909
The Molino ApartmentsStudio 325sqft1BR,1BA$949
The Mod at MillsS1Studio,1BA$975
Sentry TempeReef1BR,1BA$1,063
Nines at LakesideKona ClassicStudio,1BA$1,099
Mercury on MillKona - 1bed 1bath1BR,1BA$1,099
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1,099
Mission SpringsPatagonia1BR,1BA$1,113
Avana TempeStudio - SophisticatedStudio,1BA$1,118
Palms at South MountainA1: 1 Bed 1 Bath1BR,1BA$1,123

Best Value Apartments for Rent in Pepperwood, AZ

As of June 23, 2026 the best value apartment in the Pepperwood area is the $1.60 price per square foot 3x2 Model at Colonia Apartment Homes - Roger in the in the South Phoenix neighborhood starting from $2,300. The second greatest value Pepperwood apartment is the Havasu Model at 505 West starting at $1,370 with a $1.36 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Pepperwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colonia Apartment Homes - Roger3x23BR,2BA$1.60
505 WestHavasu2BR,2BA$1.36
525-539 W Pebble Beach2 Beds, 1 bath2BR,1BA$1.42
San Capella1C1BR,1BA$1.70
La Estancia Apartment Homes1x11BR,1BA$1.52
Carlyle at South MountainA11BR,1BA$1.61
Sofia ApartmentsThe Athena (1x1)1BR,1BA$1.55
Ovation at TempeDESERT SKY1BR,1BA$1.71
Sentry TempeReef1BR,1BA$1.61
Palms at South MountainA1: 1 Bed 1 Bath1BR,1BA$1.70

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 $1,123.

What is the price of a cheap apartment in Pepperwood?

The cheapest apartment in Pepperwood is The Molino Apartments which is listed at $949, while the average apartment in Pepperwood costs $2,532.

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 99 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 $1,081 which is $1,451 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.

Helpful Local Expert Guides

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters article

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.

decorative image for A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Experts 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.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.