Cheap Apartments for Rent in the South Tempe Neighborhood of Tempe, AZ from $900 (74 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the South Tempe area of Tempe.

Phoenix's Best Affordable Neighborhoods

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

Read Article
close
View Me
Highland Park
Rent Specials
$1,260 - $2,196
Total Monthly Price

Total Monthly Price

Base Rent
$1,260 - $2,196
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Highland Park

5038 S Hardy DrTempe, AZ 85282
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Finisterra On Grove
Rent Specials
$1,428 - $2,726
Total Monthly Price

Total Monthly Price

Base Rent
$1,428 - $2,726
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Finisterra On Grove

1250 W Grove PkyTempe, AZ 85283
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
San Palmilla
1 to 3 Bedroom Apartments

San Palmilla

750 W Baseline RdTempe, AZ 85282
Student Housing

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
San Capella
1 to 3 Bedroom Apartments

San Capella

1155 W ELLIOT RdTempe, AZ 85284
close
View Me
Alexan Tempe
Studio to 3 Bedroom Apartments

Alexan Tempe

2160 E Baseline RdTempe, AZ 85282
Student Housing
close
View Me
San Sonoma
1 to 3 Bedroom Apartments

San Sonoma

9010 S Priest DrTempe, AZ 85284
close
View Me
Granada Lakes
1 to 2 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
  • Utilities Included
close
View Me
San Marquis
1 to 3 Bedroom Apartments

San Marquis

577-577 E BASELINE RdTempe, AZ 85283

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
McKemy Apartments
2 Bedroom Apartments

McKemy Apartments

6105 S McKemy StTempe, AZ 85283
Student Housing

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.

Read Article
Showing Results 1-50, Page 1 of 2

South Tempe, Tempe, AZ Local Guide

Cheapest Available South Tempe Apartments for Rent

 

The cheapest available apartment rental in the South Tempe area of Tempe, AZ is a Studio unit found at The Mod at Mills priced from $949. The Molino Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable South Tempe apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
The Mod at MillsS1Studio,1BA$949
The Molino ApartmentsStudio 325sqftStudio,1BA$949
The Avi1x11BR,1BA$1,085
Nines at LakesideKona ClassicStudio,1BA$1,099
Palms at South MountainA1: 1 Bed 1 Bath1BR,1BA$1,125
Omnia Baseline1 Bed1BR,1BA$1,125
Pacific Bay ClubCoral Reef1BR,1BA$1,160
Array South MountainS1: 0 Bed 1 BathStudio,1BA$1,162
StradaA11BR,1BA$1,184
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,196

Best Value Apartments for Rent in South Tempe, AZ

As of July 27, 2026 the best value apartment in the South Tempe area is the $1.56 price per square foot 3 Bed 2 Bath A R1 Model at Townhomes at Kyrene in the in the South Phoenix neighborhood starting from $1,899. The second greatest value South Tempe apartment is the B2 Model at San Marino starting at $1,819 with a $1.54 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for South Tempe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Kyrene3 Bed 2 Bath A R13BR,2BA$1.56
San MarinoB22BR,2BA$1.54
Cortland South MountainRanger2BR,2BA$1.59
San PalmillaOne Bedroom/One Bath1BR,1BA$1.64
Hohokam VillasPapago1BR,1BA$1.59
505 WestSaguaro2BR,1BA$1.46
Highland Park2x1 Reno2BR,1BA$1.53
La Estancia Apartment Homes1x11BR,1BA$1.52
Carlyle at South MountainA11BR,1BA$1.61
The Avi1x11BR,1BA$1.51

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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Tempe, Tempe, AZ

Ranked #24

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
South Tempe, Tempe, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including South Tempe, Tempe, and the greater Tempe area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Tempe Apartments

What is the Cheapest Studio apartment in South Tempe?

Currently the most affordable Cheap Studio Apartment in South Tempe is at The Mod at Mills listed at $949.

How much is rent for a Cheap One Bedroom South Tempe Apartment?

The lowest price for a Cheap One Bedroom South Tempe Apartment is $999 at Mercury on Mill.

What is the lowest price for a Cheap Two Bedroom South Tempe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Tempe is starting from $1,225 at The Avi.

What is the most affordable South Tempe Three Bedroom Apartment?

The best deal on a cheap South Tempe Three Bedroom Apartment rental is at Carlyle at South Mountain and starts from $1,655.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.