Cheap Apartments for Rent in the Pepperwood Neighborhood of Tempe, AZ from $849 (51 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
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
$1,009 - $4,837

Total Monthly Price

Base Rent$1,009 - $4,837

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Avana Tempe

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

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

close
View Me
Eastridge Apartments
Rent Specials
$1,140 - $1,740

Total Monthly Price

Base Rent$1,140 - $1,740

Total Monthly Price$1,140 - $1,740
Studio to 2 Bedroom Apartments Available Now

Eastridge Apartments

1522 E Southern AveTempe, AZ 85282
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Highland Park
Rent Specials
$1,227 - $2,264

Total Monthly Price

Base Rent$1,227 - $2,264

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Highland Park

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
Galleria Palms
Rent Specials
$1,383 - $2,365

Total Monthly Price

Base Rent$1,383 - $2,365

Total Monthly PriceVaries
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 - $3,057

Total Monthly Price

Base Rent$1,429 - $3,057

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Finisterra On Grove

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
CityScape at Lakeshore
Rent Specials
$1,502 - $8,853

Total Monthly Price

Base Rent$1,502 - $8,853

Total Monthly PriceVaries
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
San Portella
Rent Specials
$1,727 - $5,044

Total Monthly Price

Base Rent$1,727 - $5,044

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

San Portella

2155 S 55th StTempe, AZ 85282
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 812 W Watson Dr
$1,875
3 Bedroom, 2 Bath Home for Rent
Available Sep 28

812 W Watson Dr

TempeAZ85283

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.

close
View Me
San Palmilla
1 to 3 Bedroom Apartments

San Palmilla

750 W Baseline RdTempe, AZ 85282
Student Housing
close
View Me
Avana Cordoba
Rent Specials
$1,066 - $13,726

Total Monthly Price

Base Rent$1,066 - $13,726

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana Cordoba

4520 E Baseline RdPhoenix, AZ 85042
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
IMT Ahwatukee
Rent Specials
$1,442 - $1,917

Total Monthly Price

Base Rent$1,442 - $1,917

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Oct 23

IMT Ahwatukee

5010 E Cheyenne DrPhoenix, AZ 85044
Corporate Housing
  • 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.

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 ListingModel NameBed/BathPriced From
The Mod at MillsS1Studio, 1BA$849
Mission SpringsSaguaro - Junior One BedroomStudio, 1BA$901
Sono TempeHarris1BR, 1BA$907
Sentry TempeKonaStudio, 1BA$918
The Molino ApartmentsStudio 325sqftStudio, 1BA$949
Tempe Park Place ApartmentsSunrise2BR, 1BA$999
Avana TempeStudio - SophisticatedStudio, 1BA$1,009
Sofia ApartmentsThe Bronte (2x1)2BR, 1BA$1,049
Palms at South MountainA1: 1 Bed 1 Bath1BR, 1BA$1,098
Mercury on MillReef - 2bed 1bath2BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carlyle TownhomesC13BR, 2BA$1.45
Allure at Tempe ApartmentsSenecio4BR, 2BA$1.62
La Estancia Apartment Homes2x2x2BR, 2BA$1.40
San Portella2D2BR, 2BA$1.61
525-539 W Pebble Beach2 Beds, 1 bath2BR, 1BA$1.42
Ovation at TempeLIVE OAK2BR, 2BA$1.54
Carlyle at South MountainA21BR, 1BA$1.60
505 WestRillito1BR, 1BA$1.56
The Avi1x11BR, 1BA$1.53
Tempe Park Place ApartmentsHorizon1BR, 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.

Helpful Local Expert Guides

decorative image for From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities article

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Written by: Andrew Jollett

I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

decorative image for Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips article

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Written by: Andrew Jollett

Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

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.

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

A Phoenix Expert's 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.