Cheap Apartments for Rent in the Tempe Royal Estates Neighborhood of Tempe, AZ from $900 (63 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
$958 - $6,707
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$958 - $6,707
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Studio to 2 Bedroom Apartments Available Now

Avana Tempe

30 W Carter DrTempe, AZ 85282
Affordability
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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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Highland Park
Rent Specials
$1,214 - $1,877
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$1,214 - $1,877
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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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Finisterra On Grove
Rent Specials
$1,324 - $3,032
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$1,324 - $3,032
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1 to 3 Bedroom Apartments Available Now

Finisterra On Grove

1250 W Grove PkyTempe, AZ 85283
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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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CityScape at Lakeshore
Rent Specials
$1,547 - $5,736
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$1,547 - $5,736
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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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San Sonoma
1 to 3 Bedroom Apartments

San Sonoma

9010 S Priest DrTempe, AZ 85284

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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San Capella
1 to 3 Bedroom Apartments

San Capella

1155 W ELLIOT RdTempe, 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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San Marquis
1 to 3 Bedroom Apartments

San Marquis

577-577 E BASELINE RdTempe, AZ 85283
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San Palmilla
1 to 3 Bedroom Apartments

San Palmilla

750 W Baseline RdTempe, AZ 85282
Student Housing

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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McKemy Apartments
2 Bedroom Apartments

McKemy Apartments

6105 S McKemy StTempe, AZ 85283
Student Housing
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Avana Cordoba
Rent Specials
$1,010 - $16,295
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$1,010 - $16,295
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1 to 3 Bedroom Apartments Available Now

Avana Cordoba

4520 E Baseline RdPhoenix, AZ 85042
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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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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 $949. Mercury on Mill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Molino ApartmentsStudio 325sqftStudio,1BA$949
Mercury on MillKona - 1bed 1bath1BR,1BA$999
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,023
Avana TempeStudio - SophisticatedStudio,1BA$1,033
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1,099
Omnia Baseline1 Bed1BR,1BA$1,125
Avana CordobaA2RG - Sophisticated1BR,1BA$1,130
The Pointe at South Mountain1 Bedroom 1 Bathroom D1BR,1BA$1,161
Palms at South MountainA1: 1 Bed 1 Bath1BR,1BA$1,169
Nines at LakesideReef Classic1BR,1BA$1,179

Best Value Apartments for Rent in Tempe Royal Estates, AZ

As of June 07, 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 Havasu Model at 505 West starting at $1,345 with a $1.34 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
505 WestHavasu2BR,2BA$1.34
The Avi2x22BR,2BA$1.28
San MarinoB12BR,1BA$1.72
Lakeview at the BayCarmel1BR,1BA$1.53
Highland Park2x1 Reno2BR,1BA$1.72
La Estancia Apartment Homes1x11BR,1BA$1.52
Carlyle at South MountainA11BR,1BA$1.71
Sofia ApartmentsThe Athena (1x1)1BR,1BA$1.55
Mercury on MillKona - 1bed 1bath1BR,1BA$1.57

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 #30

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 the Cheapest Studio apartment in Tempe Royal Estates?

Currently the most affordable Cheap Studio Apartment in Tempe Royal Estates is at The Molino Apartments listed at $949.

How much is rent for a Cheap One Bedroom Tempe Royal Estates Apartment?

The lowest price for a Cheap One Bedroom Tempe Royal Estates Apartment is $999 at Mercury on Mill.

What is the lowest price for a Cheap Two Bedroom Tempe Royal Estates Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Tempe Royal Estates is starting from $1,099 at Sofia Apartments.

What is the most affordable Tempe Royal Estates Three Bedroom Apartment?

The best deal on a cheap Tempe Royal Estates Three Bedroom Apartment rental is at Carlyle at South Mountain and starts from $1,705.

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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