Cheap Homes for Rent in Pepperwood Neighborhood of Tempe, AZ from $800 (20 Rentals)

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

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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 $945. 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$945
The Molino ApartmentsStudio 325sqft1BR,1BA$949
Mercury on MillKona - 1bed 1bath1BR,1BA$999
Sentry TempeReef1BR,1BA$1,004
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1,049

Best Value Apartments for Rent in Pepperwood, AZ

As of June 12, 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 $1,340 with a $1.33 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$1.33
The Avi2x22BR,2BA$1.28
525-539 W Pebble Beach2 Beds, 1 bath2BR,1BA$1.42
Allure at Tempe ApartmentsAgave2BR,2BA$1.40
Lakeview at the BayMalibu1BR,1BA$1.56
La Estancia Apartment Homes1x11BR,1BA$1.52
Carlyle at South MountainA21BR,1BA$1.43
Sofia ApartmentsThe Athena (1x1)1BR,1BA$1.55
Mercury on MillKona - 1bed 1bath1BR,1BA$1.57

Frequently Asked Questions about Pepperwood

What type of rentals are currently available in Pepperwood?

There are currently 81 Apartments for Rent in Pepperwood, AZ with pricing that ranges from $838 to $29,182. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pepperwood ranging from $895 to $5,500.

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 $895 to $5,500 with an average monthly rent of $2,701.

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 $1,655 to $29,182, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $2,538.

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

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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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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.

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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.

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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

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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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.