1037 S Farmer Ave
TempeAZ85281
Cheap Apartments for Rent in the Riverside Neighborhood of Tempe, AZ from $700 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverside area of Tempe.
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Rent Specials
$949 - $1,025Studio Apartments Available Now
Studio 710 Apartments
710 S Hardy DrTempe, AZ 85281
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Rent Specials
$950 - $1,239Studio to 1 Bedroom Apartments Available Now
Grandes Cortes
1150 W University DrTempe, AZ 85281
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$969 - $1,3991 to 2 Bedroom Apartments Available Now
Solaris On University
1314 W University DrTempe, AZ 85281
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$1,007 - $1,502Studio to 2 Bedroom Apartments Available Now
Riverside Apartments
625 W 1st StTempe, AZ 85281
1223 W University Dr
TempeAZ85281
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Rent Specials
$1,094 - $1,9501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
1219 S Farmer Ave
TempeAZ85281
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.
906 S Farmer Ave
TempeAZ85281
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700 W University Dr
TempeAZ85281
828 W 2nd St
TempeAZ85281
1301 W 3rd St
TempeAZ85281
615 S Hardy Dr
TempeAZ85281
616 S Hardy Dr
TempeAZ85281
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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.
909 S Priest Dr
TempeAZ85281
1065 W 1st St
TempeAZ85281
1033 N Parkside Dr
TempeAZ85288
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Rent Specials
$1,375 - $1,5002 Bedroom Apartments Available Now
Luna Bear 5th Street
1133 W 5th StTempe, AZ 85281
242 S Beck Ave
TempeAZ85281
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Rent Specials
$1,495 - $5,035Studio to 3 Bedroom Apartments Available Now
Skywater at Tempe Town Lake
601 W Rio Salado PkyTempe, AZ 85281
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Rent Specials
$1,495 - $1,5802 Bedroom Apartments Available Now
Lyndon Lane
1548 W University DrTempe, AZ 85281
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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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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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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.
Showing Results 1-45, Page 1 of 1
Riverside, Tempe, AZ Local Guide
How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverside Studio Apartments | $1,481 | $949 | $2,760 |
| Riverside 1 Bedroom Apartments | $1,831 | $969 | $3,632 |
| Riverside 2 Bedroom Apartments | $2,150 | $1,100 | $9,000 |
| Riverside 3 Bedroom Apartments | $2,786 | $1,004 | $5,479 |
| Riverside 4 Bedroom Apartments | $3,159 | $899 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Riverside Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Riverside, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Riverside Apartments for Rent
The cheapest available apartment rental in the Riverside area of Phoenix, AZ is a Studio unit found at Studio 710 Apartments priced from $949. Grandes Cortes has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Riverside apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $949 |
| Grandes Cortes | Studio | Studio,1BA | $950 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $969 |
| Riverside Apartments | Studio | Studio,1BA | $1,007 |
| Westmount at Downtown Tempe | Sunset Classic | 2BR,1BA | $1,094 |
| Dwell at 5th and Farmer | 0 Bed/1 Bath | Studio,1BA | $1,099 |
| Parq on 5th | A1 | 1BR,1BA | $1,145 |
| Tremezzo on the Lake | A1 | 1BR,1BA | $1,199 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1,199 |
| Union Tempe | 3x2TH | 3BR,2BA | $1,200 |
Best Value Apartments for Rent in Riverside, AZ
As of November 27, 2025 the best value apartment in the Riverside area is the $1.61 price per square foot 3/3 Corner Model at The Hardy Tempe Townhome Living in the in the Downtown Tempe neighborhood starting from $2,745. The second greatest value Riverside apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,595 with a $1.65 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hardy Tempe Townhome Living | 3/3 Corner | 3BR,3BA | $1.61 |
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.65 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.45 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.31 |
| Lyndon Lane | Two Bed One Bath | 2BR,1BA | $1.66 |
| Roosevelt Park | 2 Bedroom 2 Bath | 2BR,2BA | $1.80 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.73 |
| Rio Paradiso | A1 | 1BR,1BA | $1.72 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1.79 |
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.
Read ArticleQuick 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 LifestyleRiverside, Tempe, AZ
Ranked #38
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Riverside Apartments
What is a cheap apartment in Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $1,200.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Solaris On University which is listed at $969, while the average apartment in Riverside costs $2,997.
What types of apartments are the cheapest in Riverside?
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 50 regular apartments in Riverside 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 Riverside?
Cheap apartments in Riverside have an average cost of $1,279 which is $1,718 cheaper than the average rent for all rentals in Riverside.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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).
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.