
Apartments for Rent in the The Lakes Neighborhood of Tempe, AZ (203 Rentals)


505 West

Shoreline at the Lakes

Townhomes at Kyrene

Lakeview at the Bay

909 West

Cabana Kyrene

Shorehaven

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Highland Park

Strada
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Ovation at Tempe

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CityScape at Lakeshore

Sofia Apartments

Talavera

San Marino

La Estancia Apartment Homes

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Eastridge Apartments

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Avana Tempe

Nines at Lakeside

Harper
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Mercury on Mill

Sono Tempe

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The Enclave Apartment Homes

Sentry Tempe

525-539 W Pebble Beach

328 E Dunbar Dr

3300 S Terrace Rd

200 E Southern Ave, Unit 150

3030 S Dromedary Dr

712 W Manhatton Dr
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3304 S Parkside Dr

1944 E Richards Dr

213 E Carson Cir

617 E La Jolla Dr

420 E Tulane Dr

805 W Harvard Dr

313 E Riviera Dr

313 E Riviera Dr

436 W La Jolla Dr

200 E Southern Ave, Unit 231
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402 E Dunbar Dr

1140 E Malibu Dr

5909 S Palm Dr

3029 S Country Club Way

2051 E Hermosa Dr, Unit 5

420 E Hermosa Dr

600 W Grove Pkwy, Unit 1145

433 W Santa Cruz Dr

902 W Westchester Ave

123 E Erie Dr
Neighborhood & Market Insights: How to Choose the Right Area to Rent
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The Lakes, Tempe, AZ Local Guide

How much does it cost to rent an apartment in The Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Lakes Studio Apartments | $1,685 | $864 | $3,855 |
| The Lakes 1 Bedroom Apartments | $1,715 | $903 | $4,476 |
| The Lakes 2 Bedroom Apartments | $1,787 | $1,021 | $4,751 |
| The Lakes 3 Bedroom Apartments | $3,008 | $1,715 | $10,000+ |
| The Lakes 4 Bedroom Apartments | $3,511 | $2,395 | $4,627 |
How much does it cost to rent a home in The Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,896 | $1,495 | $2,999 |
| 3 Bedroom Homes | $2,558 | $1,250 | $6,995 |
| 4 Bedroom Homes | $3,311 | $2,075 | $8,500 |
| 5 Bedroom Homes | $3,901 | $2,990 | $5,000 |
| 6 Bedroom Homes | $1,918 | $725 | $3,699 |
Browse Apartments in this Neighborhood
There are currently 203 rentals with your search options within a 2 mile radius of the The Lakes Neighborhood of Tempe, AZ.
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The Lakes, Tempe, AZ Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
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.
Best Local Schools in The Lakes, Tempe, AZ
Fees College Preparatory Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including The Lakes, Tempe, and the greater Tempe area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Luxury Living Rating
This area has come to be one of the best luxury communities in town, with a score of 2.5 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like olympic-sized pools, proximity to great shopping areas, park access, and quartz countertops in the kitchen with high-end appliances. Other luxury items often include hardwood floors and fireplaces, tennis courts, and a full-time security staff or doorman.
Frequently Asked Questions about The Lakes
What is the current pricing and availability for apartments for rent in the The Lakes area of Tempe, AZ?
As of today, September 09, 2026, there are currently 203 available The Lakes apartments priced from $864 to $10,066, with an average monthly rent of $1,834.
How much are Studio apartments in The Lakes?
There are currently 11 Studio Apartments in The Lakes with rent ranges from $864 to $3,855 with an average price of $1,685.
What is the current price range for One Bedroom The Lakes Apartments for rent?
Today's rental pricing for One Bedroom Apartments in The Lakes ranges from $903 to $4,476 with an average monthly rent of $1,715.
What does renting a Two Bedroom Apartment in The Lakes cost?
The monthly rent prices of Two Bedroom Apartments currently available in The Lakes range from $1,021 to $4,751. Today's average rental price for Two Bedrooms here is $1,787.
How expensive are The Lakes Three Bedroom Apartments?
There are currently 24 Three Bedroom Apartments listings available in The Lakes on ApartmentHomeLiving.com. The pricing ranges from $1,715 to $10,066 - averaging $3,008 for the location.
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.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.