Cheap Homes for Rent in Tempe Royal Estates Neighborhood of Tempe, AZ from $800 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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.

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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.

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 $849. The Mod at Mills has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Molino ApartmentsStudio 325sqftStudio,1BA$849
The Mod at MillsS1Studio,1BA$899
Avana TempeStudio - ClassicStudio,1BA$927
Mission SpringsSaguaro - Junior One BedroomStudio,1BA$1,045
StradaA31BR,1BA$1,084

Best Value Apartments for Rent in Tempe Royal Estates, AZ

As of December 06, 2025 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 C1 Model at San Marino starting at $2,119 with a $1.61 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 - Roger3x2.50 - 2341 Garden3BR,2.5BA$1.52
San MarinoC13BR,2BA$1.61
Lakeview at the BayMonterey2BR,2BA$1.42
IMT AhwatukeeB12BR,2BA$1.62
Tempe Park PlaceOasis w/ Balcony2BR,2BA$1.32
The Pointe at South Mountain2 Bedroom 1 Bathroom B2BR,1BA$1.43
Serafina at South MountainB12BR,1BA$1.51
Carlyle at South MountainA21BR,1BA$1.56
909 WestThe Havasu - Premium Plus1BR,1BA$1.64
505 WestRillito1BR,1BA$1.53

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Tempe Royal Estates, Tempe, AZ

Ranked #40

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Tempe Royal Estates

What type of rentals are currently available in Tempe Royal Estates?

There are currently 66 Apartments for Rent in Tempe Royal Estates, AZ with pricing that ranges from $899 to $27,703. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tempe Royal Estates ranging from $895 to $4,995.

What is the current price range for Rental Homes in Tempe Royal Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tempe Royal Estates ranges from $895 to $4,995 with an average monthly rent of $2,574.

How much are larger Three and Four Bedroom Rentals in Tempe Royal Estates?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Tempe Royal Estates range from $1,680 to $27,703, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,799 and Four Bedroom Apartments start at $2,277.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!