
Cheap Homes for Rent in Pepperwood Neighborhood of Tempe, AZ from $800 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Pepperwood area of Tempe.


6627 S 44th St

313 E Riviera Dr

200 E Southern Ave

313 E Riviera Dr

200 E Southern Ave, Unit 155
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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.

418 W Pebble Beach Dr

200 E Southern Ave, Unit 148

313 E Riviera Dr

1017 E Redfield Rd

4849 E Lake Point Cir

1688 W Village Way
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2401 W Fremont Dr

5002 E Hazel Dr

6523 S La Corta Dr

4901 S Calle Los Cerros Dr

4739 E Sunland Ave

1022 W Apollo Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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427 E Malibu Dr

8645 S 51st St
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 | $1,972 | $1,400 | $3,500 |
| Pepperwood 3 Bedroom Homes for Rent | $2,513 | $895 | $4,500 |
| Pepperwood 4 Bedroom Homes for Rent | $2,874 | $1,100 | $5,500 |
| Pepperwood 5 Bedroom Homes for Rent | $3,969 | $2,895 | $5,000 |
| Pepperwood 6 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sono Tempe | Olsen | Studio,1BA | $945 |
| The Molino Apartments | Studio 325sqft | 1BR,1BA | $949 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $999 |
| Sentry Tempe | Reef | 1BR,1BA | $1,004 |
| Sofia Apartments | The 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colonia Apartment Homes - Roger | 3x2 | 3BR,2BA | $1.60 |
| 505 West | Havasu | 2BR,2BA | $1.33 |
| The Avi | 2x2 | 2BR,2BA | $1.28 |
| 525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
| Allure at Tempe Apartments | Agave | 2BR,2BA | $1.40 |
| Lakeview at the Bay | Malibu | 1BR,1BA | $1.56 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.52 |
| Carlyle at South Mountain | A2 | 1BR,1BA | $1.43 |
| Sofia Apartments | The Athena (1x1) | 1BR,1BA | $1.55 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,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

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
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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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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
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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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Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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