1207 E Loyola Dr, Unit smaller bedroom with 1 closet
1207 E Loyola Dr
TempeAZ85282
Cheap Apartments for Rent in the The Lakes Neighborhood of Tempe, AZ from $800 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Lakes area of Tempe.
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from $855Studio to 2 Bedroom Apartments Available Now
Sentry Tempe
3730 S Mill AveTempe, AZ 85282
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from $992Studio to 2 Bedroom Apartments Available Now
Eastridge Apartments
1522 E Southern AveTempe, AZ 85282
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.
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from $998Studio to 2 Bedroom Apartments Available Now
Sono Tempe
4130 S Mill AveTempe, AZ 85282
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from $1,0201 to 2 Bedroom Apartments Available Now
Tempe Park Place
4540 S Rural RdTempe, AZ 85282
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from $1,033Studio to 2 Bedroom Apartments Available Now
The Rev Apartment Homes
3409 S Rural RdTempe, AZ 85282
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from $1,1051 to 2 Bedroom Apartments Available Now
Mercury on Mill
5101 S Mill AveTempe, AZ 85282
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from $1,2061 to 2 Bedroom Apartments Available Now
Garden Grove Apartment Homes
900 W Grove PkyTempe, AZ 85283
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from $1,2141 to 2 Bedroom Apartments Available Now
Strada
701 W Grove PkyTempe, AZ 85283
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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.
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from $1,2721 to 2 Bedroom Apartments Available Now
Sofia Apartments
208 E Baseline RdTempe, AZ 85283
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5409 S Hazelton Ln
TempeAZ85283
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.
328 E Dunbar Dr
TempeAZ85282
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200 E SOUTHERN Ave
TempeAZ85282
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.
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1522 E Southern Ave, Unit 1A
1522 E Southern Ave
TempeAZ85282
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3031 S Rural Rd
TempeAZ85282
6526 S McAllister Ave
TempeAZ85283
Showing Results 1-26, 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 | $1,644 | $855 | $3,015 |
| The Lakes 1 Bedroom Apartments | $1,584 | $986 | $3,861 |
| The Lakes 2 Bedroom Apartments | $1,854 | $1,211 | $4,511 |
| The Lakes 3 Bedroom Apartments | $2,491 | $1,814 | $6,853 |
Browse Apartments in this Neighborhood
There are currently 26 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 Studio unit found at Sentry Tempe priced from $855. Sono Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here are the most affordable The Lakes apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sentry Tempe | Kona | Studio,1BA | $855 |
| Sono Tempe | Olsen | Studio,1BA | $998 |
| Tempe Park Place | Horizon | 1BR,1BA | $1,020 |
| The Rev Apartment Homes | S1 | Studio,1BA | $1,033 |
| Avana Tempe | Studio - Sophisticated | Studio,1BA | $1,036 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $1,105 |
| Strada | A1 | 1BR,1BA | $1,199 |
| Garden Grove Apartment Homes | A1 | 1BR,1BA | $1,206 |
| 505 West | Rillito | 1BR,1BA | $1,235 |
| Eastridge Apartments | 1x1 600 | 1BR,1BA | $1,247 |
Best Value Apartments for Rent in The Lakes, AZ
As of July 03, 2025 the best value apartment in the The Lakes area is the $1.58 price per square foot B1 Model at The Enclave Apartment Homes in the in the Downtown Tempe neighborhood starting from $1,582. 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 Enclave Apartment Homes | B1 | 2BR,2BA | $1.58 |
| 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 | $1.68 |
| La Estancia Apartment Homes | 1x1 | 1BR,1BA | $1.66 |
| 909 West | The Red Rock - Premium Plus | 1BR,1BA | $1.69 |
| 505 West | Rillito | 1BR,1BA | $1.72 |
| Sofia Apartments | The Athena (1x1) | 1BR,1BA | $1.79 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $1.74 |
| Tempe Park Place | Horizon | 1BR,1BA | $1.62 |
Quick Rent Budget Calculator
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If you’re an expert on all things The Lakes, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleThe Lakes, Tempe, AZ
Ranked #46
Among neighborhoods in Tempe, AZ 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
Tempe Union High School District
Public School - Grades 9-12 (1519)
6 out of 10
Fees College Preparatory Middle School
Tempe School District
Public School - Grades 6-8 (789)
4 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!
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 Sentry Tempe listed at $855.
How much is rent for a Cheap One Bedroom The Lakes Apartment?
The lowest price for a Cheap One Bedroom The Lakes Apartment is $986 at Sentry Tempe.
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 $1,175 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 $2,044.
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.
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.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.