Cheap Apartments for Rent in the Sunset Neighborhood of Tempe, AZ from $700 (39 Rentals)

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

property at 828 W 2nd St

828 W 2nd St

TempeAZ85281
property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
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Plaza East
1 Bedroom Apartments

Plaza East

807 W 3rd StTempe, AZ 85281
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Venture on Wilson
1 to 2 Bedroom Apartments

Venture on Wilson

626 S Wilson StTempe, AZ 85281
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Encore on Farmer
1 to 2 Bedroom Apartments

Encore on Farmer

601 S Farmer AveTempe, AZ 85281
Senior Living
  • Utilities Included
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Echo Tempe
2 Bedroom Apartments

Echo Tempe

1014 S Farmer AveTempe, AZ 85281
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Corsican
2 Bedroom Apartments

Corsican

1312 S Hardy DrTempe, AZ 85281
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Parkview on 5th
Studio to 2 Bedroom Apartments

Parkview on 5th

704-724 W 5th StTempe, AZ 85281
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1033 N Parkside Dr
Studio to 3 Bedroom Apartments

1033 N Parkside Dr

1033 N Parkside DrTempe, AZ 85288
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Wilson Studios
Studio Apartments

Wilson Studios

110-114 S Wilson StTempe, AZ 85281
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Pecan Grove Estates
1 to 2 Bedroom Apartments

Pecan Grove Estates

1233 W 4th StTempe, AZ 85281
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Salado Springs
1 to 2 Bedroom Apartments

Salado Springs

242 S Beck AveTempe, AZ 85281

Sunset, Tempe, AZ Local Guide

Cheapest Available Sunset Apartments for Rent

 

The cheapest available apartment rental in the Sunset area of Phoenix, AZ is a Studio unit found at Margo priced from $829. Grandes Cortes has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Sunset apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
MargoStudioStudio,1BA$829
Grandes CortesStudioStudio,1BA$899
Parq on 5thStudioStudio,1BA$958
Riverside ApartmentsStudioStudio,1BA$968
Solaris On UniversityS1 -1 x 11BR,1BA$969
Studio 710 ApartmentsSmall Studio DeluxeStudio,1BA$999
Axio Apartments1x11BR,1BA$1,100
Dwell at 5th and Farmer0 Bed/1 BathStudio,1BA$1,149
Corsican2 Bed - 1 Bath2BR,1BA$1,199

Best Value Apartments for Rent in Sunset, AZ

As of October 25, 2025 the best value apartment in the Sunset area is the $1.54 price per square foot 3/3 Corner Model at The Hardy Tempe Townhome Living in the in the Downtown Tempe neighborhood starting from $2,621. The second greatest value Sunset apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,595 with a $1.65 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Sunset apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Hardy Tempe Townhome Living3/3 Corner3BR,3BA$1.54
Roosevelt Luxury Townhomes2x2.5 Standard Garage2BR,2.5BA$1.65
Lakeside Drive ApartmentsB2L2BR,2BA$2.01
Luna Bear 5th StreetB12BR,2BA$1.45
Rio ParadisoA2 Loft1BR,1BA$1.69
Corsican2 Bed - 1 Bath2BR,1BA$1.31
Lyndon LaneTwo Bed One Bath2BR,1BA$1.67
West 5th2BR/1.0BA2BR,1BA$1.73
522 W Howe St, Unit 522522 W Howe St1BR,1BA$1.25
Solaris On UniversityS1 -1 x 11BR,1BA$1.79

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Sunset, Tempe, AZ

Ranked #49

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Sunset Apartments

What is a cheap apartment in Sunset?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sunset is under $1,199.

What is the price of a cheap apartment in Sunset?

The cheapest apartment in Sunset is Solaris On University which is listed at $969, while the average apartment in Sunset costs $3,800.

What types of apartments are the cheapest in Sunset?

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 1 regular apartments in Sunset 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 Sunset?

Cheap apartments in Sunset have an average cost of $220 which is $3,580 cheaper than the average rent for all rentals in Sunset.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

Written by: Andrew Jollett

I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.