Cheap Apartments for Rent in the Tempe Royal Estates Neighborhood of Tempe, AZ from $900 (60 Rentals)

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

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Avana Tempe
Rent Specials
$1,065 - $7,138
Total Monthly Price

Total Monthly Price

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$1,065 - $7,138
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Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
Affordability
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Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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Highland Park
Rent Specials
$1,260 - $2,196
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Total Monthly Price

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$1,260 - $2,196
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1 to 3 Bedroom Apartments Available Now

Highland Park

5038 S Hardy DrTempe, AZ 85282
Corporate Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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CityScape at Lakeshore
Rent Specials
$1,337 - $8,970
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Total Monthly Price

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$1,337 - $8,970
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1 to 3 Bedroom Apartments Available Now

CityScape at Lakeshore

4630 S Lakeshore DrTempe, AZ 85282
Corporate Housing
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Finisterra On Grove
Rent Specials
$1,429 - $2,792
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$1,429 - $2,792
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1 to 3 Bedroom Apartments Available Now

Finisterra On Grove

1250 W Grove PkyTempe, AZ 85283
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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San Capella
1 to 3 Bedroom Apartments

San Capella

1155 W ELLIOT RdTempe, AZ 85284
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San Palmilla
1 to 3 Bedroom Apartments

San Palmilla

750 W Baseline RdTempe, AZ 85282
Student Housing
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San Sonoma
1 to 3 Bedroom Apartments

San Sonoma

9010 S Priest DrTempe, AZ 85284
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Granada Lakes
1 to 2 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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San Marquis
1 to 3 Bedroom Apartments

San Marquis

577-577 E BASELINE RdTempe, AZ 85283
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Avana Cordoba
Rent Specials
$926 - $31,337
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$926 - $31,337
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1 to 3 Bedroom Apartments Available Now

Avana Cordoba

4520 E Baseline RdPhoenix, AZ 85042
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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.

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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 Mod at Mills priced from $949. The Molino Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Mod at MillsS1Studio,1BA$949
The Molino ApartmentsStudio 325sqftStudio,1BA$949
Avana TempeStudio - SophisticatedStudio,1BA$1,065
Nines at LakesideKona ClassicStudio,1BA$1,099
Palms at South MountainA1: 1 Bed 1 Bath1BR,1BA$1,125
Omnia Baseline1 Bed1BR,1BA$1,125
StradaA11BR,1BA$1,139
Mercury on MillReef - 2bed 1bath2BR,1BA$1,149
Pacific Bay ClubCoral Reef1BR,1BA$1,164
Cabana KyreneStudioStudio,1BA$1,200

Best Value Apartments for Rent in Tempe Royal Estates, AZ

As of July 23, 2026 the best value apartment in the Tempe Royal Estates area is the $1.60 price per square foot 3x2 Model at Colonia Apartment Homes - Roger in the in the South Phoenix neighborhood starting from $2,300. The second greatest value Tempe Royal Estates apartment is the 3 Bed 2 Bath C R1 Model at Townhomes at Kyrene starting at $2,249 with a $1.65 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 - Roger3x23BR,2BA$1.60
Townhomes at Kyrene3 Bed 2 Bath C R13BR,2BA$1.65
Avana CordobaC1RG - Sophisticated3BR,2BA$1.38
Ovation at TempeTOWNHOUSE2BR,2.5BA$1.54
San PalmillaOne Bedroom/One Bath1BR,1BA$1.64
505 WestSaguaro2BR,1BA$1.49
Highland Park2x1 Reno2BR,1BA$1.53
La Estancia Apartment Homes1x11BR,1BA$1.52
Mercury on MillReef - 2bed 1bath2BR,1BA$1.40
Carlyle at South MountainA11BR,1BA$1.61

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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Real 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.

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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 #31

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 $1,200.

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 $999, while the average apartment in Tempe Royal Estates costs $2,522.

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 33 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 $713 which is $1,809 cheaper than the average rent for all rentals in Tempe Royal Estates.

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.

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