
Cheap Apartments for Rent in the Pepperwood Neighborhood of Tempe, AZ from $800 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pepperwood area of Tempe.


The Mod at Mills

Mission Springs

Lakeview at the Bay

Sono Tempe

3705 S Terrace Rd, Unit Ensuite, Unit Ensuite

Total Monthly Price
Avana Tempe

505 West

Sofia Apartments

Mercury on Mill
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The Avi

3729 S Mill Ave

Omnia Baseline

Strada

Total Monthly Price
Highland Park

Nines at Lakeside

The Rev Apartment Homes

Ovation at Tempe

313 E Riviera Dr

Villagio Furnished
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Tempe Park Place Apartments

Cabana Kyrene

Total Monthly Price
Finisterra On Grove

909 West

Ponderosa Ranch Apartments

La Estancia Apartment Homes

Total Monthly Price
Allure at Tempe Apartments

Total Monthly Price
Galleria Palms

San Marino

Harper
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Shorehaven

Total Monthly Price
CityScape at Lakeshore

633 W Southern Ave

4111 S College Ave

College Park- No AVAILABILITY!!

200 E Southern Ave

Lantana Village Apartments

525-539 W Pebble Beach

The Molino

San Palmilla
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4901 S Calle Los Cerros Dr

Moda Tempe

Tempe Villa

Beautiful Boutique Community

San Capella

Granada Lakes

San Marquis

2 bedroom 1 bath in Boutique property!

15 E Carter Dr

743 W Fordham Dr
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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 | $1,617 | $859 | $3,993 |
| Pepperwood 1 Bedroom Apartments | $1,712 | $917 | $10,000+ |
| Pepperwood 2 Bedroom Apartments | $1,877 | $1,099 | $10,000+ |
| Pepperwood 3 Bedroom Apartments | $2,746 | $1,555 | $10,000+ |
| Pepperwood 4 Bedroom Apartments | $2,265 | $2,147 | $2,312 |
Browse Apartments in this Neighborhood
There are currently 68 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 Sentry Tempe priced from $859. The Mod at Mills has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Pepperwood apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sentry Tempe | Kona | Studio,1BA | $859 |
| The Mod at Mills | S1 | Studio,1BA | $899 |
| The Rev Apartment Homes | S1 | Studio,1BA | $962 |
| Sono Tempe | Harris | 1BR,1BA | $1,055 |
| 505 West | Rillito | 1BR,1BA | $1,075 |
| Mercury on Mill | Reef - 2bed 1bath | 2BR,1BA | $1,099 |
| Sofia Apartments | The Bronte (2x1) | 2BR,1BA | $1,099 |
| The Avi | 1x1 | 1BR,1BA | $1,100 |
| Omnia Baseline | 1 Bed | 1BR,1BA | $1,125 |
| Strada | A1 | 1BR,1BA | $1,139 |
Best Value Apartments for Rent in Pepperwood, AZ
As of May 09, 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 Two Bedroom/Two Bath Model at San Palmilla starting at $1,919 with a $1.61 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. |
|---|---|---|---|
| Colonia Apartment Homes - Roger | 3x2 | 3BR,2BA | $1.60 |
| San Palmilla | Two Bedroom/Two Bath | 2BR,2BA | $1.61 |
| San Marquis | 2X2-1182 | 2BR,2BA | $1.62 |
| Sofia Apartments | The Calla (2x2) | 2BR,2BA | $1.46 |
| Lakeview at the Bay | Carmel | 1BR,1BA | $1.61 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.64 |
| Mercury on Mill | Reef - 2bed 1bath | 2BR,1BA | $1.34 |
| The Avi | 1x1 | 1BR,1BA | $1.53 |
| 505 West | Rillito | 1BR,1BA | $1.49 |
| Ovation at Tempe | PALO VERDE | 1BR,1BA | $1.71 |
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 $1,139.
What is the price of a cheap apartment in Pepperwood?
The cheapest apartment in Pepperwood is Sentry Tempe which is listed at $917, while the average apartment in Pepperwood costs $2,302.
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 149 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 $1,122 which is $1,180 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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