
Cheap Apartments for Rent in the The Lakes Neighborhood of Tempe, AZ from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Lakes area of Tempe.


Sentry Tempe

Sono Tempe

200 E Southern Ave
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.

Avana Tempe

Tempe Park Place
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.

Lakeview at the Bay

The Rev Apartment Homes

Eastridge Apartments

200 E Southern Ave, Unit 336

5409 S Hazelton Ln

1155 E Geneva Dr
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.

1849 E Manhatton Dr

514 W La Jolla Dr
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 | $1,521 | $966 | $2,863 |
The Lakes 1 Bedroom Apartments | $1,446 | $817 | $3,303 |
The Lakes 2 Bedroom Apartments | $1,689 | $878 | $4,016 |
The Lakes 3 Bedroom Apartments | $2,155 | $1,450 | $2,855 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the The Lakes Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
The Lakes, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available The Lakes Apartments for Rent
 The cheapest available apartment rental in the The Lakes area of Tempe, AZ is a 2 Beds unit found at Sono Tempe priced from $878. Avana Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $1,003. Here are the most affordable The Lakes apartments for rent in Tempe, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sono Tempe | Cooper | 2BR,1BA | $878 |
Avana Tempe | Studio - Sophisticated | Studio,1BA | $1,003 |
Tempe Park Place | Horizon | 1BR,1BA | $1,020 |
505 West | Rillito | 1BR,1BA | $1,055 |
Sentry Tempe | Sunset | 2BR,2BA | $1,073 |
Best Value Apartments for Rent in The Lakes, AZ
As of October 07, 2025 the best value apartment in the The Lakes area is the $1.64 price per square foot 3x2 R Model at The Lennox at Tempe in the in the South Phoenix neighborhood starting from $1,800. The second greatest value The Lakes apartment is the San Marcos Model at Lakeview at the Bay starting at $1,484 with a $1.49 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for The Lakes apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Lennox at Tempe | 3x2 R | 3BR,2BA | $1.64 |
Lakeview at the Bay | San Marcos | 2BR,2BA | $1.49 |
525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
San Palmilla | One Bedroom/One Bath | 1BR,1BA | $1.74 |
Sentry Tempe | Sunset | 2BR,2BA | $1.22 |
505 West | Saguaro | 2BR,1BA | $1.51 |
Highland Park | 2x1 Reno | 2BR,1BA | $1.64 |
La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.72 |
Sofia Apartments | The Bronte (2x1) | 2BR,1BA | $1.61 |
Tempe Park Place | Horizon | 1BR,1BA | $1.62 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleThe Lakes, Tempe, AZ
Ranked #49
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in The Lakes, Tempe, AZ
Marcos De Niza High School
Fees College Preparatory Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Central Tempe. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the The Lakes Neighborhood in Tempe, AZ
Walk Score®
68 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap The Lakes Apartments
What is the Cheapest Studio apartment in The Lakes?
Currently the most affordable Cheap Studio Apartment in The Lakes is at Sono Tempe listed at $966.
How much is rent for a Cheap One Bedroom The Lakes Apartment?
The lowest price for a Cheap One Bedroom The Lakes Apartment is $1,020 at Tempe Park Place.
What is the lowest price for a Cheap Two Bedroom The Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Lakes is starting from $878 at Sono Tempe.
What is the most affordable The Lakes Three Bedroom Apartment?
The best deal on a cheap The Lakes Three Bedroom Apartment rental is at The Lennox at Tempe and starts from $1,700.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.