Cheap Homes for Rent in Tempe Royal Estates Neighborhood of Tempe, AZ from $700 (17 Rentals)

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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

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.

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 1 Bed unit found at The Molino Apartments priced from $949. Tides at Park View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $971. Here are the most affordable Tempe Royal Estates apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Molino Apartments1x1 600sqft1BR,1BA$949
Tides at Park ViewA11BR,1BA$971
Avana TempeStudio - SophisticatedStudio,1BA$993
Tempe Park PlaceHorizon1BR,1BA$1,020
Omnia BaselineA1P1BR,1BA$1,045

Best Value Apartments for Rent in Tempe Royal Estates, AZ

As of June 23, 2025 the best value apartment in the Tempe Royal Estates area is the $1.56 price per square foot Three Bedroom/Two Bath Model at San Paseo in the in the South Phoenix neighborhood starting from $2,314. The second greatest value Tempe Royal Estates apartment is the Two Bedroom/Two Bath Model at San Palmilla starting at $1,840 with a $1.64 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.
San PaseoThree Bedroom/Two Bath3BR,2BA$1.56
San PalmillaTwo Bedroom/Two Bath2BR,2BA$1.64
Carlyle TownhomesB12BR,2BA$1.69
Lakeview at the BaySan Marcos2BR,2BA$1.49
Allure at Tempe ApartmentsAgave2BR,2BA$1.50
La Estancia Apartment Homes1x11BR,1BA$1.66
Carlyle at South MountainA11BR,1BA$1.66
Tides at Park ViewA11BR,1BA$1.34
Omnia BaselineA1P1BR,1BA$1.53
Tempe Park PlaceHorizon1BR,1BA$1.62

Quick Rent Budget Calculator

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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 $887 to $12,772. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tempe Royal Estates ranging from $725 to $6,000.

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 $725 to $6,000 with an average monthly rent of $2,410.

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 $1,604 to $12,772, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,775 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,499 and Four Bedroom Apartments start at $2,295.

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).

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.