Apartments for Rent in the Peterson Park Neighborhood of Tempe, AZ Under $1,200 (49 Rentals)

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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.

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Avana Tempe
Rent Specials
$923 - $5,353
Total Monthly Price

Total Monthly Price

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$923 - $5,353
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
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Union Tempe
$899 - $3,060
Total Monthly Price

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Base Rent
$899 - $3,060
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Studio to 5 Bedroom Apartments Available Now

Union Tempe

712 S Forest AveTempe, AZ 85281
Student Housing
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  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 528 W Howe St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Now

528 W Howe St

TempeAZ85281
property at 700 W University Dr

$950 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,100
Total Monthly Price
$950 - $1,100

1 To 2 Bedroom Condos for Rent

Available Now

700 W University Dr

TempeAZ85281
property at 5910 S Colonial Way

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

4 Bedroom, 2.5 Bath Home for Rent

Available Now

5910 S Colonial Way

TempeAZ85283

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Phoenix's Best Affordable Neighborhoods

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

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Echo Tempe
2 Bedroom Apartments

Echo Tempe

1014 S Farmer AveTempe, AZ 85281
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The Vintage on College
1 to 2 Bedroom Apartments

The Vintage on College

1700 S College AveTempe, AZ 85281
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Venture on Wilson
1 to 2 Bedroom Apartments

Venture on Wilson

626 S Wilson StTempe, AZ 85281
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The Bradford
4 Bedroom Apartments

The Bradford

1037 S Farmer AveTempe, AZ 85281
Student Housing
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Avana Cordoba
Rent Specials
$952 - $16,313
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $16,313
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1 to 3 Bedroom Apartments Available Now

Avana Cordoba

4520 E Baseline RdPhoenix, AZ 85042
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Showing Results 1-49, Page 1 of 1

Peterson Park, Tempe, AZ Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Peterson Park, Tempe, AZ

Ranked #18

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Peterson Park, Tempe, AZ

School data provided by Great Schools

Frequently Asked Questions about Peterson Park

How much are Studio apartments in Peterson Park?

There are currently 48 Studio Apartments in Peterson Park with rent ranges from $625 to $3,202 with an average price of $1,538.

What is the current price range for One Bedroom Peterson Park Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Peterson Park ranges from $900 to $7,498 with an average monthly rent of $1,758.

What does renting a Two Bedroom Apartment in Peterson Park cost?

The monthly rent prices of Two Bedroom Apartments currently available in Peterson Park range from $1,016 to $9,311. Today's average rental price for Two Bedrooms here is $1,897.

How expensive are Peterson Park Three Bedroom Apartments?

There are currently 42 Three Bedroom Apartments listings available in Peterson Park on ApartmentHomeLiving.com. The pricing ranges from $1,004 to $14,108 - averaging $3,037 for the location.

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.

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

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

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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

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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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.