
Cheap Apartments for Rent in the Tempe Royal Estates Neighborhood of Tempe, AZ from $900 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tempe Royal Estates area of Tempe.


Total Monthly Price
Avana Tempe

The Mod at Mills

Lakeview at the Bay

505 West

The Avi

Mercury on Mill

Ovation at Tempe

Sofia Apartments

Mission Springs
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Omnia Baseline

Strada

Nines at Lakeside

Villagio Furnished

Tempe Park Place

Total Monthly Price
CityScape at Lakeshore

Total Monthly Price
Highland Park

909 West

Ponderosa Ranch Apartments

Total Monthly Price
Finisterra On Grove
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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.

La Estancia Apartment Homes

San Marino

Total Monthly Price
Allure at Tempe Apartments

Harper

Townhomes at Kyrene

College Park- No AVAILABILITY!!

San Palmilla

The Molino

4901 S Calle Los Cerros Dr

Beautiful Boutique Community
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San Marquis

San Sonoma

San Capella

Granada Lakes

2 bedroom 1 bath in Boutique property!

McKemy Apartments

Total Monthly Price
Avana Cordoba

The Quinn Apartments

Lore South Mountain

Carlyle at South Mountain
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10610 S 48th St

Palms at South Mountain

The Pointe at South Mountain

Total Monthly Price
Serafina at South Mountain

Vista Sureno

Carlyle Townhomes

IMT Ahwatukee

8445 S 48th St

11226 S Tomi Dr

8445 S 48th St
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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 | $1,423 | $923 | $3,202 |
| Tempe Royal Estates 1 Bedroom Apartments | $1,490 | $900 | $7,498 |
| Tempe Royal Estates 2 Bedroom Apartments | $1,695 | $1,099 | $9,311 |
| Tempe Royal Estates 3 Bedroom Apartments | $2,217 | $1,465 | $10,000+ |
| Tempe Royal Estates 4 Bedroom Apartments | $5,310 | $2,204 | $9,810 |
Browse Apartments in this Neighborhood
There are currently 58 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
Tempe Royal Estates, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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- School Districts
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 Avana Tempe priced from $923. Lakeview at the Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avana Tempe | Studio - Classic | Studio,1BA | $923 |
| Lakeview at the Bay | LaJolla | 1BR,2BA | $1,000 |
| 505 West | Rillito | 1BR,1BA | $1,020 |
| The Avi | 1x1 | 1BR,1BA | $1,045 |
| Ovation at Tempe | PALO VERDE | 1BR,1BA | $1,079 |
| Pacific Bay Club | Coral Reef | 1BR,1BA | $1,093 |
| Sofia Apartments | The Bronte (2x1) | 2BR,1BA | $1,099 |
| The Quinn Apartments | Studio | Studio,1BA | $1,100 |
| Mission Springs | Saguaro - Junior One Bedroom | Studio,1BA | $1,104 |
| Omnia Baseline | 1 Bed | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Tempe Royal Estates, AZ
As of April 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 C1 Model at San Marino starting at $2,129 with a $1.62 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 | 3BR,2BA | $1.60 |
| San Marino | C1 | 3BR,2BA | $1.62 |
| San Palmilla | Two Bedroom/Two Bath | 2BR,2BA | $1.57 |
| Lakeview at the Bay | Monterey | 2BR,2BA | $1.43 |
| Mercury on Mill | Sunrise - 2bed 2bath | 2BR,2BA | $1.70 |
| Sofia Apartments | The Calla (2x2) | 2BR,2BA | $1.46 |
| Carlyle at South Mountain | A1 | 1BR,1BA | $1.54 |
| 505 West | Rillito | 1BR,1BA | $1.42 |
| The Avi | 1x1 | 1BR,1BA | $1.45 |
| Ovation at Tempe | PALO VERDE | 1BR,1BA | $1.54 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Pet Friendly LifestyleTempe Royal Estates, Tempe, AZ
Ranked #29
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,125.
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 $1,000, while the average apartment in Tempe Royal Estates costs $2,369.
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 101 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 $546 which is $1,823 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.