Cheap Apartments for Rent in the Sunset Neighborhood of Tempe, AZ from $700 (52 Rentals)

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

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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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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property at 615 S Hardy Dr

$1,094 - $1,496

1 To 3 Bedroom Rentals

Available Now

615 S Hardy Dr

TempeAZ85281

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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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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Hidden Glen
1 to 2 Bedroom Apartments

Hidden Glen

818 W 3rd StTempe, AZ 85281
  • Utilities Included
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Encore on Farmer
1 to 2 Bedroom Apartments

Encore on Farmer

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

Echo Tempe

1014 S Farmer AveTempe, AZ 85281
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Corsican
2 Bedroom Apartments

Corsican

1312 S Hardy DrTempe, AZ 85281
Student Housing
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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
Student Housing
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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
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-50, Page 1 of 2

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 Villas on 4th priced from $875. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $876. Here are the most affordable Sunset apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Villas on 4thStudioStudio,1BA$875
Riverside ApartmentsStudioStudio,1BA$876
MargoStudioStudio,1BA$929
Grandes CortesStudioStudio,1BA$950
Solaris On UniversityU1 - 1 x 11BR,1BA$1,029
Westmount at Downtown TempeSunrise Diamond1BR,1BA$1,071
Parq on 5thStudioStudio,1BA$1,093
Dwell at 5th and Farmer0 Bed/1 BathStudio,1BA$1,149
Axio Apartments1x11BR,1BA$1,200
Rio ParadisoA11BR,1BA$1,265

Best Value Apartments for Rent in Sunset, AZ

As of January 26, 2026 the best value apartment in the Sunset area is the $1.49 price per square foot Three Bedroom Three Bathroom Model at Dolce Villagio Townhomes in the in the Downtown Tempe neighborhood starting from $2,525. The second greatest value Sunset apartment is the B1 Model at Luna Bear 5th Street starting at $1,375 with a $1.45 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.
Dolce Villagio TownhomesThree Bedroom Three Bathroom3BR,3BA$1.49
Luna Bear 5th StreetB12BR,2BA$1.45
Salado SpringsTwo Bed Two Bath2BR,2BA$1.68
Lyndon LaneTwo Bed One Bath2BR,1BA$1.66
Roosevelt Park2 Bedroom 2 Bath2BR,2BA$1.80
West 5th2BR/1.0BA2BR,1BA$1.73
Rio ParadisoA11BR,1BA$1.71
Solaris On UniversityU1 - 1 x 11BR,1BA$1.42
828 W 2nd St, Unit A828 W 2nd St2BR,1BA$1.99
Westmount at Downtown TempeSunrise Diamond1BR,1BA$1.79

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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The 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.

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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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Quick 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.

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Pet Friendly Lifestyle
Sunset, Tempe, AZ

Ranked #47

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 $1,265.

What is the price of a cheap apartment in Sunset?

The cheapest apartment in Sunset is Solaris On University which is listed at $1,029, 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 28 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 $1,623 which is $2,177 cheaper than the average rent for all rentals in Sunset.

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.

Helpful Local Expert Guides

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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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Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters

Written by: Andrew Jollett

I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

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A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon

Written by: Andrew Jollett

Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

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New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options

Written by: Andrew Jollett

Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.