
Cheap Apartments for Rent in the Tempe Royal Estates Neighborhood of Tempe, AZ from $800 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tempe Royal Estates area of Tempe.


Avana Tempe

Lakeview at the Bay

1311 W Baseline Rd

Mission Springs

505 West
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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.

The Avi

Sofia Apartments

Mercury on Mill

Nines at Lakeside

Strada

Tempe Park Place
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.

Ponderosa Ranch Apartments

Omnia Baseline

The Molino Apartments

1311 W Baseline Rd

College Park- No AVAILABILITY!!

Serafina at South Mountain
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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.

The Quinn Apartments

Avana Cordoba

The Pointe at South Mountain

Lore South Mountain

Palms at South Mountain

Carlyle at South Mountain
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9605 S 48th St

9605 S 48th St
Tempe Royal Estates, Tempe, AZ Local Guide

How much does it cost to rent an apartment in Tempe Royal Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tempe Royal Estates Studio Apartments | $1,275 | $899 | $2,515 |
| Tempe Royal Estates 1 Bedroom Apartments | $1,498 | $1,000 | $9,583 |
| Tempe Royal Estates 2 Bedroom Apartments | $1,642 | $1,099 | $3,582 |
| Tempe Royal Estates 3 Bedroom Apartments | $2,309 | $1,561 | $10,000+ |
| Tempe Royal Estates 4 Bedroom Apartments | $2,371 | $2,371 | $2,371 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Tempe Royal Estates Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
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 $898. Lakeview at the Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mod at Mills | S1 | Studio,1BA | $898 |
| Lakeview at the Bay | LaJolla | 1BR,2BA | $950 |
| Avana Tempe | Studio - Sophisticated | Studio,1BA | $1,014 |
| Mission Springs | Saguaro - Junior One Bedroom | Studio,1BA | $1,034 |
| The Molino Apartments | 1x1 675sqft | 1BR,1BA | $1,049 |
| The Quinn Apartments | Studio | Studio,1BA | $1,050 |
| The Avi | 1x1 | 1BR,1BA | $1,075 |
| Sofia Apartments | The Bronte (2x1) | 2BR,1BA | $1,099 |
| The Pointe at South Mountain | 2 Bedroom 1 Bathroom B | 2BR,1BA | $1,106 |
| 505 West | Saguaro | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in Tempe Royal Estates, AZ
As of January 21, 2026 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 B1 Model at Carlyle at South Mountain starting at $1,500 with a $1.42 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colonia Apartment Homes - Roger | 3x2.50 - 2341 Garden | 3BR,2.5BA | $1.52 |
| Carlyle at South Mountain | B1 | 2BR,2BA | $1.42 |
| 505 West | Havasu | 2BR,2BA | $1.33 |
| Vista Sureno | Two-Bedrooms, Two-Bathrooms (BR) | 2BR,2BA | $1.65 |
| Serafina at South Mountain | C1 | 2BR,2BA | $1.60 |
| Allure at Tempe Apartments | Agave | 2BR,2BA | $1.31 |
| San Palmilla | One Bedroom/One Bath | 1BR,1BA | $1.65 |
| Lakeview at the Bay | Malibu | 1BR,1BA | $1.57 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.66 |
| The Avi | 1x1 | 1BR,1BA | $1.49 |
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 $1,120.
What is the price of a cheap apartment in Tempe Royal Estates?
The cheapest apartment in Tempe Royal Estates is Lakeview at the Bay which is listed at $950, while the average apartment in Tempe Royal Estates costs $2,371.
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 79 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 $265 which is $2,106 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.
Helpful Local Expert Guides

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).

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.

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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!