Cheap Apartments for Rent in the Tempe Royal Estates Neighborhood of Tempe, AZ from $800 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Tempe Royal Estates 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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Ovation at Tempe
1 to 2 Bedroom Apartments

Ovation at Tempe

4505-4505 S Hardy DrTempe, AZ 85282
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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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9605 S 48th St
1 to 2 Bedroom Apartments

9605 S 48th St

9605 S 48th StPhoenix, AZ 85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
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The Quinn Apartments
Studio to 1 Bedroom Apartments

The Quinn Apartments

5121 E La Puente AvePhoenix, AZ 85044
  • Utilities Included
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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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Pacific Bay Club
1 to 2 Bedroom Apartments

Pacific Bay Club

11221 S 51st StPhoenix, AZ 85044
Student Housing
Showing Results 1-33, Page 1 of 1

Tempe Royal Estates, Tempe, AZ Local Guide

Cheapest Available Tempe Royal Estates Apartments for Rent

 

The cheapest available apartment rental in the Tempe Royal Estates area of Phoenix, AZ is a Studio unit found at The Molino Apartments priced from $849. The Mod at Mills has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Molino ApartmentsStudio 325sqftStudio,1BA$849
The Mod at MillsS1Studio,1BA$899
Avana TempeStudio - ClassicStudio,1BA$927
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,045
StradaA31BR,1BA$1,084
505 WestRillito1BR,1BA$1,105
Palms at South MountainOne Bedroom, One Bath1BR,1BA$1,115
Lore South MountainStudioStudio,1BA$1,135
Carlyle at South MountainA11BR,1BA$1,175
The Pointe at South Mountain1 Bedroom 1 Bathroom F1BR,1BA$1,192

Best Value Apartments for Rent in Tempe Royal Estates, AZ

As of December 06, 2025 the best value apartment in the Tempe Royal Estates area is the $1.52 price per square foot 3x2.50 - 2341 Garden Model at Colonia Apartment Homes - Roger in the in the South Phoenix neighborhood starting from $2,199. The second greatest value Tempe Royal Estates apartment is the C1 Model at San Marino starting at $2,119 with a $1.61 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Tempe Royal Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colonia Apartment Homes - Roger3x2.50 - 2341 Garden3BR,2.5BA$1.52
San MarinoC13BR,2BA$1.61
Lakeview at the BayMonterey2BR,2BA$1.42
IMT AhwatukeeB12BR,2BA$1.62
Tempe Park PlaceOasis w/ Balcony2BR,2BA$1.32
The Pointe at South Mountain2 Bedroom 1 Bathroom B2BR,1BA$1.43
Serafina at South MountainB12BR,1BA$1.51
Carlyle at South MountainA21BR,1BA$1.56
909 WestThe Havasu - Premium Plus1BR,1BA$1.64
505 WestRillito1BR,1BA$1.53

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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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
Tempe Royal Estates, Tempe, AZ

Ranked #40

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 Tempe Royal Estates Apartments

What is a cheap apartment in Tempe Royal Estates?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tempe Royal Estates is under $1,192.

What is the price of a cheap apartment in Tempe Royal Estates?

The cheapest apartment in Tempe Royal Estates is The Molino Apartments which is listed at $1,049, while the average apartment in Tempe Royal Estates costs $2,417.

What types of apartments are the cheapest in Tempe Royal Estates?

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 57 regular apartments in Tempe Royal Estates 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 Tempe Royal Estates?

Cheap apartments in Tempe Royal Estates have an average cost of $244 which is $2,173 cheaper than the average rent for all rentals in Tempe Royal Estates.

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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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.

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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!