Cheap Apartments for Rent in the Tempe Royal Estates Neighborhood of Tempe, AZ from $700 (35 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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property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
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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
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Pacific Bay Club
1 to 2 Bedroom Apartments

Pacific Bay Club

11221 S 51st StPhoenix, AZ 85044
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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 Molino Apartments priced from $799. The Mod at Mills has the second lowest priced unit, which is a Studio apartment currently listed from $898. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Molino ApartmentsStudio 315sqftStudio,1BA$799
The Mod at MillsS1Studio,1BA$898
Omnia BaselineA11BR,1BA$970
Avana TempeStudio - SophisticatedStudio,1BA$998
Tempe Park PlaceHorizon1BR,1BA$1,020
Carlyle at South MountainA21BR,1BA$1,072
Tides at Park ViewA11BR,1BA$1,149
Garden Grove Apartment HomesA11BR,1BA$1,165
Serafina at South MountainA11BR,1BA$1,172
FinisterraEstrella1BR,1BA$1,187

Best Value Apartments for Rent in Tempe Royal Estates, AZ

As of June 13, 2025 the best value apartment in the Tempe Royal Estates area is the $1.62 price per square foot Ranger Model at Cortland South Mountain in the in the South Phoenix neighborhood starting from $1,837. The second greatest value Tempe Royal Estates apartment is the San Marcos Model at Lakeview at the Bay starting at $1,484 with a $1.49 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.
Cortland South MountainRanger2BR,2BA$1.62
Lakeview at the BaySan Marcos2BR,2BA$1.49
Vista SurenoTwo-Bedrooms, Two-Bathrooms (AR)2BR,2BA$1.70
La Estancia Apartment Homes1x11BR,1BA$1.54
Omnia BaselineStudio LoftStudio ,1BA$1.70
Carlyle at South MountainA11BR,1BA$1.61
The Pointe at South Mountain1 Bedroom 1 Bathroom D1BR,1BA$1.68
Tides at Park ViewA11BR,1BA$1.60
Serafina at South MountainA11BR,1BA$1.73
Tempe Park PlaceHorizon1BR,1BA$1.62

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Tempe Royal Estates, Tempe, AZ

Ranked #24

Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
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 $1,187.

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 $949, while the average apartment in Tempe Royal Estates costs $2,505.

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 23 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 $232 which is $2,273 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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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.