712 W Manhatton Dr
TempeAZ85282
Cheap Apartments for Rent in the The Lakes Neighborhood of Tempe, AZ from $750 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Lakes area of Tempe.
328 E Dunbar Dr
TempeAZ85282
3300 S Terrace Rd
TempeAZ85282
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Rent Specials
$867 - $3,140Studio to 2 Bedroom Apartments Available Now
Sono Tempe
4130 S Mill AveTempe, AZ 85282
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$917 - $1,975Studio to 2 Bedroom Apartments Available Now
Sentry Tempe
3730 S Mill AveTempe, AZ 85282
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Rent Specials
$979 - $5,010
Total Monthly Price
Base Rent$979 - $5,010
Total Monthly PriceVaries
Avana Tempe
30 W Carter DrTempe, AZ 85282
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Rent Specials
$999 - $1,5291 to 2 Bedroom Apartments Available Now
Mercury on Mill
5101 S Mill AveTempe, AZ 85282
841 W Watson Dr
TempeAZ85283
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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Rent Specials
$1,049 - $1,585Studio to 2 Bedroom Apartments Available Now
Nines at Lakeside
999 E Baseline DrTempe, AZ 85283
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$1,085 - $2,3351 to 3 Bedroom Apartments Available Now
505 West
505 W Baseline RdTempe, AZ 85283
200 E Southern Ave, Unit 231
200 E Southern Ave
TempeAZ85282
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Rent Specials
$1,099 - $1,5991 to 2 Bedroom Apartments Available Now
Sofia Apartments
208 E Baseline RdTempe, AZ 85283
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$1,100 - $1,9001 to 3 Bedroom Apartments Available Now
Lakeview at the Bay
995 E Baseline RdTempe, AZ 85283
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$1,133 - $1,9851 to 3 Bedroom Apartments Available Now
909 West
909 W Grove PkyTempe, AZ 85283
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Rent Specials
$1,140 - $1,740
Total Monthly Price
Base Rent$1,140 - $1,740
Total Monthly Price$1,140 - $1,740
Eastridge Apartments
1522 E Southern AveTempe, AZ 85282
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$1,184 - $1,6591 to 2 Bedroom Apartments Available Now
Strada
701 W Grove PkyTempe, AZ 85283
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$1,199 - $1,7391 to 2 Bedroom Apartments Available Now
Ovation at Tempe
4505-4505 S Hardy DrTempe, AZ 85282
313 E Riviera Dr
TempeAZ85282
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Rent Specials
$1,207 - $2,196
Total Monthly Price
Base Rent$1,207 - $2,196
Total Monthly PriceVaries
Highland Park
5038 S Hardy DrTempe, AZ 85282
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$1,225 - $1,5501 to 2 Bedroom Apartments Available Now
Tempe Park Place Apartments
4540 S Rural RdTempe, AZ 85282
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$1,349 - $1,8491 to 2 Bedroom Apartments Available Oct 9
Talavera
3501 S McClintock DrTempe, AZ 85282
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$1,350 - $1,4952 Bedroom Apartments Available Now
525-539 W Pebble Beach
525-539 W Pebble BeachTempe, AZ 85282
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Rent Specials
$1,360 - $1,7551 to 2 Bedroom Apartments Available Now
La Estancia Apartment Homes
6445 S Maple AveTempe, AZ 85283
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$1,379 - $2,4141 to 3 Bedroom Apartments Available Now
San Marino
600 W Grove PkyTempe, AZ 85283
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Rent Specials
$1,399 - $1,884Studio to 2 Bedroom Apartments Available Now
Cabana Kyrene
515 W Guadalupe RdTempe, AZ 85283
1820 E Bell De Mar Dr
TempeAZ85283
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Rent Specials
$1,487 - $8,681
Total Monthly Price
Base Rent$1,487 - $8,681
Total Monthly PriceVaries
CityScape at Lakeshore
4630 S Lakeshore DrTempe, AZ 85282
1143 E Sandpiper Dr
TempeAZ85283
313 E Riviera Dr
TempeAZ85282
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1 Bedroom Apartments
Manhatton
1849 E Manhatton DrTempe, AZ 85282
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1 to 3 Bedroom Apartments
College Park- No AVAILABILITY!!
401 E Dunbar DrTempe, AZ 85282
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Studio to 3 Bedroom Apartments
The Rev Apartment Homes
3409 S Rural RdTempe, AZ 85282
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
200 E Southern Ave
TempeAZ85282
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Studio to 3 Bedroom Apartments
Alexan Tempe
2160 E Baseline RdTempe, AZ 85282
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1 Bedroom Apartments
Petersen House Apartments
1414 E Southern AveTempe, AZ 85282
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1 to 3 Bedroom Apartments
Lantana Village Apartments
505 W Southern AveTempe, AZ 85282
3031 S Rural Rd
TempeAZ85282
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1 to 2 Bedroom Apartments
Moda Tempe
534-540 E Huntington DrTempe, AZ 85282
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2 to 3 Bedroom Apartments
The Lennox at Tempe
1655 E Southern AveTempe, AZ 85282
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1 to 2 Bedroom Apartments
Beautiful Boutique Community
5105 S La Rosa DrTempe, AZ 85282
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1153 E Vaughn St
TempeAZ85283
Showing Results 1-41, Page 1 of 1
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 | $1,700 | $867 | $4,110 |
| The Lakes 1 Bedroom Apartments | $1,702 | $905 | $4,476 |
| The Lakes 2 Bedroom Apartments | $1,777 | $942 | $5,010 |
| The Lakes 3 Bedroom Apartments | $2,985 | $1,715 | $10,000+ |
| The Lakes 4 Bedroom Apartments | $3,953 | $2,395 | $4,773 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 41 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
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Cheapest Available The Lakes Apartments for Rent
The cheapest available apartment rental in the The Lakes area of Tempe, AZ is a 1 Bed unit found at Manhatton priced from $750. Sono Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $867. Here are the most affordable The Lakes apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Manhatton | 1/1 | 1BR,1BA | $750 |
| Sono Tempe | Olsen | Studio,1BA | $867 |
| Sentry Tempe | Kona | Studio,1BA | $917 |
| Avana Tempe | Studio - Sophisticated | Studio,1BA | $990 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $999 |
| 505 West | Rillito | 1BR,1BA | $1,085 |
| Sofia Apartments | The Bronte (2x1) | 2BR,1BA | $1,099 |
| Lakeview at the Bay | LaJolla | 1BR,2BA | $1,100 |
| 909 West | The Havasu - Premium Plus | 1BR,1BA | $1,133 |
| Strada | A1 | 1BR,1BA | $1,184 |
Best Value Apartments for Rent in The Lakes, AZ
As of September 06, 2026 the best value apartment in the The Lakes area is the $1.41 price per square foot 2 Beds, 2 Baths Model at Mistwood Condominium in the in the South Phoenix neighborhood starting from $1,695. The second greatest value The Lakes apartment is the B1 Model at San Marino starting at $1,579 with a $1.66 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. |
|---|---|---|---|
| Mistwood Condominium | 2 Beds, 2 Baths | 2BR,2BA | $1.41 |
| San Marino | B1 | 2BR,1BA | $1.66 |
| 525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
| San Palmilla | A1 | 1BR,1BA | $1.66 |
| Lakeview at the Bay | Malibu | 1BR,1BA | $1.62 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.65 |
| 909 West | The Red Rock - Premium Plus | 1BR,1BA | $1.55 |
| 505 West | Rillito | 1BR,1BA | $1.51 |
| Sofia Apartments | The Athena (1x1) | 1BR,1BA | $1.69 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $1.57 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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.
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Best Local Schools in The Lakes, Tempe, AZ
Fees College Preparatory Middle School
Tempe School District
Public School - Grades 6-8 (645)
2 out of 10
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!
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 $867.
How much is rent for a Cheap One Bedroom The Lakes Apartment?
The lowest price for a Cheap One Bedroom The Lakes Apartment is $750 at Manhatton.
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 $942 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 909 West and starts from $1,720.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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
Written by: Robin Stewart
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.