Cheap Homes for Rent in Sunset Neighborhood of Tempe, AZ from $700 (14 Rentals)

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

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.

property at 1234 W 4th St

1234 W 4th St

TempeAZ85281
property at 242 S Beck Ave

242 S Beck Ave

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.

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 $899. Axio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Sunset apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
MargoStudioStudio,1BA$899
Axio Apartments1x11BR,1BA$900
Lyndon LaneOne Bed One Bath1BR,1BA$975
Studio 710 ApartmentsSmall Studio- UpgradedStudio,1BA$1,040
Villas on 4thStudioStudio,1BA$1,050

Best Value Apartments for Rent in Sunset, AZ

As of June 19, 2025 the best value apartment in the Sunset area is the $1.72 price per square foot 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,700. The second greatest value Sunset apartment is the 2 Bed - 1 Bath Model at Corsican starting at $1,325 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.
Roosevelt Luxury Townhomes2x2.5 Standard Garage2BR,2.5BA$1.72
Corsican2 Bed - 1 Bath2BR,1BA$1.45
McKemy at Tempe Town Lake2x12BR,1BA$2.07
West 5th2BR/1.0BA2BR,1BA$2.00
Dwell at 5th and Farmer1 Bed/1 Bath1BR,1BA$2.06
Riverside Apartments1x11BR,1BA$1.84
1228 W 4th St, Unit 11228 W 4th St1BR,1BA$2.21
Tremezzo on the LakeA1R1BR,1BA$2.15
Axio Apartments1x11BR,1BA$1.73
Furnished 1 bed / 1 bath in a 4 bedroom1 bedroom1 bath4BR,4BA$1.99

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Frequently Asked Questions about Sunset

What type of rentals are currently available in Sunset?

There are currently 161 Apartments for Rent in Sunset, AZ with pricing that ranges from $675 to $14,000. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sunset ranging from $700 to $6,100.

What is the current price range for Rental Homes in Sunset?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sunset ranges from $700 to $6,100 with an average monthly rent of $2,426.

How much are larger Three and Four Bedroom Rentals in Sunset?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sunset range from $1,774 to $10,384, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,825 to $3,795. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,930.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.