Cheap Apartments for Rent in the Pepperwood Neighborhood of Tempe, AZ from $800 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pepperwood area of Tempe.

The Mod at Mills

Sentry Tempe

Tides at Park View

Omnia Baseline

Sono Tempe

Tempe Park Place

Lakeview at the Bay
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.

The Rev Apartment Homes

Mission Springs

Mercury on Mill

Strada

328 E Dunbar Dr
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

200 E SOUTHERN Ave

Carlyle at South Mountain

9605 S 48th St

11025 S 51st St

9605 S 48th St
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9605 S 48th St
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 | $1,629 | $888 | $3,194 |
Pepperwood 1 Bedroom Apartments | $1,584 | $937 | $7,780 |
Pepperwood 2 Bedroom Apartments | $1,930 | $1,182 | $10,000+ |
Pepperwood 3 Bedroom Apartments | $2,319 | $1,586 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Pepperwood Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Pepperwood, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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- School Districts
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 $898. Avana Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $908. 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 | $898 |
Avana Tempe | Studio - Classic | Studio,1BA | $908 |
The Molino Apartments | 1x1 600sqft | 1BR,1BA | $949 |
Sentry Tempe | Reef | 1BR,1BA | $961 |
Tides at Park View | A1 | 1BR,1BA | $966 |
Best Value Apartments for Rent in Pepperwood, AZ
As of June 26, 2025 the best value apartment in the Pepperwood area is the $1.56 price per square foot Three Bedroom/Two Bath Model at San Paseo in the in the South Phoenix neighborhood starting from $2,314. The second greatest value Pepperwood apartment is the Jade Model at Allure at Tempe Apartments starting at $1,586 with a $1.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
San Paseo | Three Bedroom/Two Bath | 3BR,2BA | $1.56 |
Allure at Tempe Apartments | Jade | 3BR,2BA | $1.47 |
Lakeview at the Bay | San Marcos | 2BR,2BA | $1.49 |
525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
San Palmilla | One Bedroom/One Bath | 1BR,1BA | $1.60 |
La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.66 |
Mercury on Mill | Reef - 2bed 1bath | 2BR,1BA | $1.46 |
Carlyle at South Mountain | A1 | 1BR,1BA | $1.50 |
Omnia Baseline | A1P | 1BR,1BA | $1.49 |
Tempe Park Place | Horizon | 1BR,1BA | $1.62 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePepperwood, Tempe, AZ
Ranked #21
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Pepperwood Neighborhood in Tempe, AZ
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
75 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
41 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,122.
What is the price of a cheap apartment in Pepperwood?
The cheapest apartment in Pepperwood is Sentry Tempe which is listed at $937, while the average apartment in Pepperwood costs $1,938.
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 23 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 $255 which is $1,683 cheaper than the average rent for all rentals in Pepperwood.
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.

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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Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.