
Cheap Homes for Rent in South Tempe Neighborhood of Tempe, AZ from $1,000 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the South Tempe area of Tempe.


1017 E Redfield Rd

743 W Fordham Dr

4849 E Lake Point Cir

5002 E Hazel Dr

415 E Pegasus Dr

8645 S 51st St
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.

7409 S 46th St.

6014 S College Ave

2875 W Highland St

7756 S Rita Ln

1943 S Alta Vista Cir

2232 W Lindner Ave

5002 E Siesta 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.
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 | $2,129 | $1,550 | $3,500 |
| South Tempe 3 Bedroom Homes for Rent | $2,725 | $1,000 | $6,495 |
| South Tempe 4 Bedroom Homes for Rent | $3,864 | $2,495 | $7,500 |
| South Tempe 5 Bedroom Homes for Rent | $4,235 | $2,840 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeview at the Bay | LaJolla | 1BR,2BA | $1,000 |
| The Mod at Mills | S1 | Studio,1BA | $1,000 |
| Mission Springs | Saguaro - Junior One Bedroom | Studio,1BA | $1,002 |
| Sofia Apartments | The Bronte (2x1) | 2BR,1BA | $1,049 |
| Array South Mountain | S1: 0 Bed 1 Bath | Studio,1BA | $1,091 |
Best Value Apartments for Rent in South Tempe, AZ
As of May 24, 2026 the best value apartment in the South Tempe area is the $1.59 price per square foot Two Bedroom/Two Bath Model at San Palmilla in the in the South Phoenix neighborhood starting from $1,780. The second greatest value South Tempe apartment is the St Andrews Model at Rockledge Fairways starting at $1,459 with a $1.40 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 Palmilla | Two Bedroom/Two Bath | 2BR,2BA | $1.59 |
| Rockledge Fairways | St Andrews | 2BR,2BA | $1.40 |
| The Avi | 2x2 | 2BR,2BA | $1.34 |
| 505 West | Havasu | 2BR,2BA | $1.36 |
| Allure at Tempe Apartments | Agave | 2BR,2BA | $1.43 |
| Sofia Apartments | The Calla (2x2) | 2BR,2BA | $1.40 |
| Vista Sureno | Two-Bedrooms, Two-Bathrooms (AR) | 2BR,2BA | $1.66 |
| Hohokam Villas | Papago | 1BR,1BA | $1.59 |
| Lakeview at the Bay | Malibu | 1BR,1BA | $1.56 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.52 |
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 #24
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 72 Apartments for Rent in South Tempe, AZ with pricing that ranges from $1,000 to $11,524. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Tempe ranging from $1,000 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 $1,000 to $7,500 with an average monthly rent of $3,170.
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 $1,715 to $11,524, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,402.
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

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.

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.

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.

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.