
Cheap Homes for Rent in South Tempe Neighborhood of Tempe, AZ from $700 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the South Tempe area of Tempe.


9605 S 48th St

5151 E Guadalupe Rd

9605 S 48th St

1311 W Baseline Rd

13625 S 48th St

10610 S 48th St
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.

6408 S Newberry Rd

9605 S 48th St

6514 S Lakeshore Dr

13625 S 48th St

5102 E Piedmont Rd

9605 S 48th St

5151 E Guadalupe Rd
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.

1250 W Grove Pkwy

5151 E Guadalupe Rd

1402 E Guadalupe Rd

13625 S 48th St

8634 S 51st St

5102 E Piedmont Rd
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.

5102 E Piedmont Rd

1250 W Grove Pkwy
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 | $1,809 | $1,350 | $2,450 |
| South Tempe 3 Bedroom Homes for Rent | $2,643 | $1,550 | $8,000 |
| South Tempe 4 Bedroom Homes for Rent | $3,194 | $725 | $7,500 |
| South Tempe 5 Bedroom Homes for Rent | $4,479 | $2,995 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 23 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 Mission Springs priced from $884. The Mod at Mills has the second lowest priced unit, which is a Studio apartment currently listed from $898. Here are the most affordable South Tempe apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mission Springs | Saguaro - Junior One Bedroom | Studio,1BA | $884 |
| The Mod at Mills | S1 | Studio,1BA | $898 |
| The Molino Apartments | 1x1 675sqft | 1BR,1BA | $999 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $999 |
| Palms at South Mountain | One Bedroom, One Bath | 1BR,1BA | $1,023 |
Best Value Apartments for Rent in South Tempe, AZ
As of December 24, 2025 the best value apartment in the South Tempe area is the $1.59 price per square foot Two Bedroom/Two Bath Model at San Paseo in the in the South Phoenix neighborhood starting from $1,865. The second greatest value South Tempe apartment is the B2 Model at San Palmas starting at $1,801 with a $1.55 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 Paseo | Two Bedroom/Two Bath | 2BR,2BA | $1.59 |
| San Palmas | B2 | 2BR,2BA | $1.55 |
| Lakeview at the Bay | Monterey | 2BR,2BA | $1.42 |
| Rockledge Fairways | St Andrews | 2BR,2BA | $1.42 |
| Serafina at South Mountain | C1 | 2BR,2BA | $1.60 |
| Sierra Foothills | Agave | 1BR,1BA | $1.62 |
| Carlyle at South Mountain | A2 | 1BR,1BA | $1.54 |
| The Pointe at South Mountain | 1 Bedroom 1 Bathroom D | 1BR,1BA | $1.54 |
| 505 West | Rillito | 1BR,1BA | $1.64 |
| Palms at South Mountain | One Bedroom, One Bath | 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 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.
Pet Friendly LifestyleSouth Tempe, Tempe, AZ
Ranked #29
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
Marcos De Niza High School
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 72 Apartments for Rent in South Tempe, AZ with pricing that ranges from $884 to $4,095. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Tempe ranging from $725 to $10,500.
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 $725 to $10,500 with an average monthly rent of $2,453.
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 $1,710 to $2,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $8,000. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $2,237.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
