
Cheap Apartments for Rent in the The Lakes Neighborhood of Tempe, AZ from $700 (66 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the The Lakes area of Tempe.


2 bedroom 1 bath in Boutique property!

743 W Fordham Dr

15 E Carter Dr

415 E Pegasus Dr

427 E Malibu Dr

4111 S College Ave

314 E Malibu Dr
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.

6014 S College Ave

McKemy Apartments

1938 E Oxford Dr

1029 E Bendix Dr

2338 W Lindner Ave

1943 S Alta Vista Cir

2544 W Isabella Ave

2232 W Lindner Ave
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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 | $1,686 | $821 | $3,806 |
| The Lakes 1 Bedroom Apartments | $1,696 | $888 | $5,481 |
| The Lakes 2 Bedroom Apartments | $1,888 | $1,049 | $6,506 |
| The Lakes 3 Bedroom Apartments | $3,107 | $1,715 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the The Lakes Neighborhood of Tempe, AZ.
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Frequently Asked Questions about Cheap The Lakes Apartments
What is a cheap apartment in The Lakes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Lakes is under $1,179.
What is the price of a cheap apartment in The Lakes?
The cheapest apartment in The Lakes is Manhatton which is listed at $750, while the average apartment in The Lakes costs $2,230.
What types of apartments are the cheapest in The Lakes?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 69 regular apartments in The Lakes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in The Lakes?
Cheap apartments in The Lakes have an average cost of $909 which is $1,321 cheaper than the average rent for all rentals in The Lakes.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.