
Cheap Homes for Rent in the South Tempe Neighborhood of Tempe, AZ from $1,400 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the South Tempe area of Tempe.


1143 E Sandpiper Dr

4849 E Kachina Trail

2338 W Lindner Ave

812 W Duke Dr
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.

9831 S 48th Way

5002 E Hazel Dr

6523 S La Corta Dr

1402 E Guadalupe Rd

6604 S Lakeshore Dr
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.

2875 W Highland St

1022 W Apollo Ave

8645 S 51st St

1022 W Westchester Ave

6014 S College Ave
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.

11226 S Tomi Dr

1943 S Alta Vista Cir
South Tempe, Tempe, AZ Local Guide

How much does it cost to rent a home in South Tempe?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Tempe 2 Bedroom Homes for Rent | $1,968 | $1,400 | $3,200 |
| South Tempe 3 Bedroom Homes for Rent | $2,630 | $1,675 | $6,495 |
| South Tempe 4 Bedroom Homes for Rent | $3,454 | $2,295 | $7,500 |
| South Tempe 5 Bedroom Homes for Rent | $4,260 | $3,100 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the South Tempe Neighborhood of Tempe, AZ.
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South Tempe, Tempe, AZ Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mod at Mills | S1 | Studio,1BA | $949 |
| The Molino Apartments | Studio 315sqft | Studio,1BA | $949 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $999 |
| Sofia Apartments | The Athena (1x1) | 1BR,1BA | $1,099 |
| Nines at Lakeside | Kona Classic | Studio,1BA | $1,099 |
Best Value Apartments for Rent in South Tempe, AZ
As of July 10, 2026 the best value apartment in the South Tempe area is the $1.64 price per square foot C1 Model at San Marino in the in the South Phoenix neighborhood starting from $2,163. The second greatest value South Tempe apartment is the Augusta Model at Rockledge Fairways starting at $1,457 with a $1.37 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Marino | C1 | 3BR,2BA | $1.64 |
| Rockledge Fairways | Augusta | 2BR,2BA | $1.37 |
| Hohokam Villas | Papago | 1BR,1BA | $1.59 |
| 505 West | Saguaro | 2BR,1BA | $1.51 |
| The Avi | 2x1 | 2BR,1BA | $1.49 |
| Highland Park | 2x1 Reno | 2BR,1BA | $1.63 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.55 |
| Mercury on Mill | Reef - 2bed 1bath | 2BR,1BA | $1.46 |
| Carlyle at South Mountain | A1 | 1BR,1BA | $1.61 |
| Sofia Apartments | The Athena (1x1) | 1BR,1BA | $1.55 |
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 ArticleReal 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 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.
Pet Friendly LifestyleSouth Tempe, Tempe, AZ
Ranked #25
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in South Tempe, Tempe, AZ
School data provided by Great Schools
Frequently Asked Questions about South Tempe
What type of rentals are currently available in South Tempe?
There are currently 74 Apartments for Rent in South Tempe, AZ with pricing that ranges from $949 to $10,066. There are also 118 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Tempe ranging from $1,400 to $7,500.
What is the current price range for Rental Homes in South Tempe?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Tempe ranges from $1,400 to $7,500 with an average monthly rent of $3,078.
How much are larger Three and Four Bedroom Rentals in South Tempe?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Tempe range from $1,578 to $10,066, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,675 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,522.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.