1324 W 13th St
TempeAZ85281
Cheap Homes for Rent in Riverside Neighborhood of Tempe, AZ from $900 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverside area of Tempe.
700 W University Dr
TempeAZ85281
816 W 2nd St
TempeAZ85281
528 W Howe St
TempeAZ85281
528 W Howe St
TempeAZ85281
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.
1368 W 14th St, Unit Room 3 Full Private Bath, Unit Room 3 Full Private Bath
1368 W 14th St
TempeAZ85281
906 S Farmer Ave, Unit C, Unit C
906 S Farmer Ave
TempeAZ85281
700 W University Dr, Unit 251
700 W University Dr
TempeAZ85281
1214 S Roosevelt St, Unit B, Unit B
1214 S Roosevelt St
TempeAZ85281
616 S Hardy Dr
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.
1203 W University Dr
TempeAZ85281
731 W University Dr
TempeAZ85281
731 W University Dr
TempeAZ85281
521 W 10th St
TempeAZ85281
330 S Beck Ave
TempeAZ85281
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.
617 S Roosevelt St
TempeAZ85281
616 S Hardy Dr, Unit 239, Unit 239
616 S Hardy Dr
TempeAZ85281
Showing Results 1-17, Page 1 of 1
Riverside, Tempe, AZ Local Guide
How much does it cost to rent a home in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverside 2 Bedroom Homes for Rent | $1,651 | $1,050 | $2,850 |
| Riverside 3 Bedroom Homes for Rent | $2,333 | $1,050 | $3,665 |
| Riverside 4 Bedroom Homes for Rent | $2,728 | $900 | $3,800 |
| Riverside 5 Bedroom Homes for Rent | $3,510 | $2,695 | $5,000 |
| Riverside 6 Bedroom Homes for Rent | $4,150 | $3,800 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Riverside Neighborhood of Tempe, AZ.
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Riverside, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
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Cheapest Available Riverside Apartments for Rent
The cheapest available apartment rental in the Riverside area of Phoenix, AZ is a Studio unit found at Villas on 4th priced from $875. Grandes Cortes has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Riverside apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas on 4th | Studio | Studio,1BA | $875 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Margo | Studio | Studio,1BA | $929 |
| Parq on 5th | Studio | Studio,1BA | $932 |
| Riverside Apartments | Studio | Studio,1BA | $1,062 |
Best Value Apartments for Rent in Riverside, AZ
As of April 25, 2026 the best value apartment in the Riverside area is the $1.39 price per square foot 2x2.5 Tandem Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,495. The second greatest value Riverside apartment is the 1405 S Farmer Ave Model at 1405 S Farmer Ave, Unit House starting at $2,795 with a $1.75 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. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Tandem Garage | 2BR,2.5BA | $1.39 |
| 1405 S Farmer Ave, Unit House | 1405 S Farmer Ave | 3BR,3BA | $1.75 |
| Dolce Villagio Townhomes | Two Bedroom 2.5 Bathroom | 2BR,2.5BA | $1.78 |
| Luna Bear 5th Street | B1 | 2BR,2BA | $1.37 |
| Rio Paradiso | A3 Loft | 1BR,1BA | $1.72 |
| Lyndon Lane | Lyndon Lane Two Bedroom One Bath | 2BR,1BA | $1.58 |
| Roosevelt South | 2BR/1.0BA | 2BR,1BA | $1.81 |
| West 5th | 2BR/1.0BA | 2BR,1BA | $1.78 |
| McKemy at Tempe Town Lake | 2x1 | 2BR,1BA | $2.00 |
| Tremezzo on the Lake | B1R | 2BR,1BA | $1.83 |
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.
Read Article
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.
Read ArticleThe 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 ArticleCash 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.
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 #47
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Riverside
What type of rentals are currently available in Riverside?
There are currently 176 Apartments for Rent in Riverside, AZ with pricing that ranges from $750 to $15,000. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverside ranging from $900 to $5,000.
What is the current price range for Rental Homes in Riverside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverside ranges from $900 to $5,000 with an average monthly rent of $2,621.
How much are larger Three and Four Bedroom Rentals in Riverside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverside range from $1,004 to $5,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,665. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $899.
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).
Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
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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
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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
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.
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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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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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.