Cheap Apartments for Rent in the South Tempe Neighborhood of Tempe, AZ from $900 (75 Rentals)

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

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Highland Park
Rent Specials
$1,140 - $2,053
Total Monthly Price

Total Monthly Price

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$1,140 - $2,053
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Highland Park

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

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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Finisterra On Grove
Rent Specials
$1,429 - $3,092
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $3,092
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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

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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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 Capella
1 to 3 Bedroom Apartments

San Capella

1155 W ELLIOT RdTempe, AZ 85284

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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San Palmilla
1 to 3 Bedroom Apartments

San Palmilla

750 W Baseline RdTempe, AZ 85282
Student Housing
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San Sonoma
1 to 3 Bedroom Apartments

San Sonoma

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

Granada Lakes

5701 S Rural RdTempe, AZ 85283
  • Utilities Included
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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

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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Sierra Foothills
Rent Specials
$1,321 - $1,945
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Total Monthly Price

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$1,321 - $1,945
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1 to 2 Bedroom Apartments Available Now

Sierra Foothills

13601 S 44th StPhoenix, AZ 85044
Affordability
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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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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 Lakeview at the Bay priced from $1,000. The Mod at Mills has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable South Tempe apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
Lakeview at the BayLaJolla1BR,2BA$1,000
The Mod at MillsS1Studio,1BA$1,000
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,014
Array South MountainS1: 0 Bed 1 BathStudio,1BA$1,068
Omnia Baseline1 Bed1BR,1BA$1,125
Highland Park2x1 Classic2BR,1BA$1,137
StradaA11BR,1BA$1,139
Nines at LakesideReef Classic1BR,1BA$1,179
Lore South MountainS1: 0 Bed 1 BathStudio,1BA$1,186
Palms at South MountainA1: 1 Bed 1 Bath1BR,1BA$1,211

Best Value Apartments for Rent in South Tempe, AZ

As of May 28, 2026 the best value apartment in the South Tempe area is the $1.65 price per square foot 2X2-1182 Model at San Marquis in the in the South Phoenix neighborhood starting from $1,954. The second greatest value South Tempe apartment is the Two Bedroom/Two Bath Model at San Palmilla starting at $1,780 with a $1.59 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.
San Marquis2X2-11822BR,2BA$1.65
San PalmillaTwo Bedroom/Two Bath2BR,2BA$1.59
505 WestHavasu2BR,2BA$1.36
Allure at Tempe ApartmentsAgave2BR,2BA$1.43
Sierra FoothillsDesign 1C Premier1BR,1BA$1.70
Sofia ApartmentsThe Calla (2x2)2BR,2BA$1.46
Hohokam VillasPapago1BR,1BA$1.59
Lakeview at the BayMalibu1BR,1BA$1.56
La Estancia Apartment Homes1x11BR,1BA$1.52
Highland Park1x1 Reno1BR,1BA$1.71

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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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.

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Pet Friendly Lifestyle
South Tempe, Tempe, AZ

Ranked #25

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 $1,211.

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

The cheapest apartment in South Tempe is Lakeview at the Bay which is listed at $1,000, while the average apartment in South Tempe costs $2,407.

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 38 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 $656 which is $1,751 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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.