
Cheap Homes for Rent in Pepperwood Neighborhood of Tempe, AZ from $900 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Pepperwood area of Tempe.


200 E Southern Ave

1311 W Baseline Rd

9605 S 48th St

9605 S 48th St

5151 E Guadalupe Rd
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.

5102 E Piedmont Rd

5151 E Guadalupe Rd

8634 S 51st St

143 E Riviera Dr

4852 E Euclid Ave

2401 W Southern Ave
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.

9605 S 48th St

5102 E Piedmont Rd

1222 W Baseline Rd

8445 S 48th St

5151 E Guadalupe Rd

3407 S Hardy Dr
The Art of the Rental Viewing: What to look for during a property tour
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.

6224 S 47th Pl

6820 S Snyder Ln
Pepperwood, Tempe, AZ Local Guide

How much does it cost to rent a home in Pepperwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pepperwood 2 Bedroom Homes for Rent | $1,782 | $1,469 | $2,300 |
| Pepperwood 3 Bedroom Homes for Rent | $2,524 | $1,716 | $4,500 |
| Pepperwood 4 Bedroom Homes for Rent | $3,281 | $2,145 | $9,500 |
| Pepperwood 5 Bedroom Homes for Rent | $4,478 | $2,615 | $6,350 |
| Pepperwood 6 Bedroom Homes for Rent | $5,450 | $5,450 | $5,450 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Pepperwood Neighborhood of Tempe, AZ.
Explore Tempe
Cheapest Available Pepperwood Apartments for Rent
 The cheapest available apartment rental in the Pepperwood area of Phoenix, AZ is a 1 Bed unit found at The Avi priced from $961. Sentry Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $977. Here are the most affordable Pepperwood apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avi | 1x1 | 1BR,1BA | $961 |
| Sentry Tempe | Kona | Studio,1BA | $977 |
| Mission Springs | Saguaro - Junior One Bedroom | Studio,1BA | $999 |
| Sono Tempe | Cooper | 2BR,1BA | $1,028 |
| The Rev Apartment Homes | S1 | Studio,1BA | $1,042 |
Best Value Apartments for Rent in Pepperwood, AZ
As of March 14, 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 2X2-1182 Model at San Marquis starting at $1,907 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 Marquis | 2X2-1182 | 2BR,2BA | $1.61 |
| Townhomes at Kyrene | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| Allure at Tempe Apartments | Jade | 3BR,2BA | $1.49 |
| 525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
| San Palmilla | One Bedroom/One Bath | 1BR,1BA | $1.67 |
| The Avi | 2x1 | 2BR,1BA | $1.26 |
| Mercury on Mill | Reef - 2bed 1bath | 2BR,1BA | $1.46 |
| Lakeview at the Bay | LaJolla | 1BR,2BA | $1.68 |
| 505 West | Rillito | 1BR,1BA | $1.54 |
Frequently Asked Questions about Pepperwood
What type of rentals are currently available in Pepperwood?
There are currently 87 Apartments for Rent in Pepperwood, AZ with pricing that ranges from $854 to $7,399. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pepperwood ranging from $995 to $9,500.
What is the current price range for Rental Homes in Pepperwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pepperwood ranges from $995 to $9,500 with an average monthly rent of $2,868.
How much are larger Three and Four Bedroom Rentals in Pepperwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pepperwood range from $1,496 to $6,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,716 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,145 and Four Bedroom Apartments start at $2,441.
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

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).

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.

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.

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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.