Cheap Apartments for Rent in the South Tempe Neighborhood of Tempe, AZ from $900 (71 Rentals)

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

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

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.

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Highland Park
Rent Specials
$1,280 - $2,192
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $2,192
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Highland Park

5038 S Hardy DrTempe, AZ 85282
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Finisterra On Grove
Rent Specials
$1,419 - $2,833
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $2,833
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Finisterra On Grove

1250 W Grove PkyTempe, AZ 85283
Affordability
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  • Customer Reviewed
  • 3D Tour
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Alexan Tempe
Studio to 3 Bedroom Apartments

Alexan Tempe

2160 E Baseline RdTempe, AZ 85282
Student Housing
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The Molino
Studio to 1 Bedroom Apartments

The Molino

1651 W Baseline RdTempe, AZ 85283
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San Palmilla
1 to 3 Bedroom Apartments

San Palmilla

750 W Baseline RdTempe, AZ 85282
Student Housing
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5105 S La Rosa Dr
1 to 2 Bedroom Apartments

5105 S La Rosa Dr

5105 S La Rosa DrTempe, AZ 85282

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.

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San Sonoma
1 to 3 Bedroom Apartments

San Sonoma

9010 S Priest DrTempe, AZ 85284
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San Capella
1 to 3 Bedroom Apartments

San Capella

1155 W ELLIOT RdTempe, AZ 85284
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Granada Lakes
1 to 2 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
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San Marquis
1 to 3 Bedroom Apartments

San Marquis

577-577 E BASELINE RdTempe, AZ 85283
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McKemy Apartments
2 Bedroom Apartments

McKemy Apartments

6105 S McKemy StTempe, AZ 85283
Student Housing

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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property at 10610 S 48th St

$1,145 - $2,000

1 To 2 Bedroom Rentals

Available Now

10610 S 48th St

PhoenixAZ85044
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Rockledge Fairways
Rent Specials
$1,348 - $1,909
Total Monthly Price

Total Monthly Price

Base Rent
$1,348 - $1,909
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Rockledge Fairways

13220 S 48th StPhoenix, AZ 85044
Affordability
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  • 3D Tour

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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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 1 Bed unit found at 505 West priced from $995. Lakeview at the Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable South Tempe apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
505 WestRillito1BR,1BA$995
Lakeview at the BayLaJolla1BR,2BA$1,000
The Quinn ApartmentsStudioStudio,1BA$1,024
Carlyle at South MountainA11BR,1BA$1,080
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1,099
Nines at LakesideReef Classic1BR,1BA$1,100
Omnia Baseline1 Bed1BR,1BA$1,125
Lore South MountainStudioStudio,1BA$1,127
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,130
Array South MountainS1Studio,1BA$1,130

Best Value Apartments for Rent in South Tempe, AZ

As of April 13, 2026 the best value apartment in the South Tempe area is the $1.54 price per square foot Zuni Model at Hohokam Villas in the in the South Phoenix neighborhood starting from $1,559. The second greatest value South Tempe apartment is the Agave Model at Allure at Tempe Apartments starting at $1,229 with a $1.30 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.
Hohokam VillasZuni1BR,1BA$1.54
Allure at Tempe ApartmentsAgave2BR,2BA$1.30
San PalmillaOne Bedroom/One Bath1BR,1BA$1.57
Vista SurenoTwo-Bedrooms, Two-Bathrooms (AR)2BR,2BA$1.72
Lakeview at the BayCarmel1BR,1BA$1.42
The Avi2x12BR,1BA$1.41
La Estancia Apartment Homes1x11BR,1BA$1.74
Mercury on MillReef - 2bed 1bath2BR,1BA$1.46
Carlyle at South MountainA21BR,1BA$1.60
505 WestRillito1BR,1BA$1.38

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
South Tempe, Tempe, AZ

Ranked #30

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 a cheap apartment in South Tempe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Tempe is under $1,130.

What is the price of a cheap apartment in South Tempe?

The cheapest apartment in South Tempe is 505 West which is listed at $995, while the average apartment in South Tempe costs $2,359.

What types of apartments are the cheapest in South Tempe?

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 93 regular apartments in South Tempe 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 South Tempe?

Cheap apartments in South Tempe have an average cost of $277 which is $2,082 cheaper than the average rent for all rentals in South Tempe.

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.