
Cheap Apartments for Rent in the University Heights Neighborhood of Tempe, AZ from $300 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Heights area of Tempe.


1325 E Don Carlos Ave

1827 E Lemon St

Total Monthly Price
El Diablo Apartments

Sago Gardens

1215 E Lemon St, Unit Lemon L

Emerson Square

Spring Leaf Apartments

1201 S McClintock Dr

1201 S McClintock Dr
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.

University Pointe Apartments

Butterfield Park

Willow Creek

Onnix Apartments

Ascent on Spence

Vue Nineteen 01

1433 S Kenneth Pl

1201 S McClintock Dr

Emerson Park

THE ACCESS
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.

Asteria Apartment Homes

The Heights on Lemon

Total Monthly Price
Vela at Tempe Town Lake

Murietta at ASU

Skye at McClintock Station

Cape Cod Apartments

Desert Willow Apartments

The Atrium

Sonoran Ridge Apartments

ASU Crossroads
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.

Willowbrook Apartments

Suite 16

Don Carlos Apartments

Valor on Eighth

George Ann

The Regency Apartment Homes

Hayden Terrace

Cortez Palms Apartments

Riviera Palms

Thrive Tempe Apartments
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.

Alegre Apartments

Paseo on University

University Square

University Gardens

Apache Lofts

Aces on Apache

La Paloma Apartments

The Warhol

Evergreen on Hayden Lane

1111 E University Dr
Navigating the Rental Market: Tips for First-Time Renters
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University Heights, Tempe, AZ Local Guide

How much does it cost to rent an apartment in University Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Heights Studio Apartments | $1,573 | $999 | $3,365 |
| University Heights 1 Bedroom Apartments | $1,564 | $850 | $2,656 |
| University Heights 2 Bedroom Apartments | $1,708 | $1,030 | $3,541 |
| University Heights 3 Bedroom Apartments | $2,013 | $830 | $3,172 |
| University Heights 4 Bedroom Apartments | $1,120 | $770 | $2,799 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
University Heights, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
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Cheapest Available University Heights Apartments for Rent
 The cheapest available apartment rental in the University Heights area of Phoenix, AZ is a 1 Bed unit found at The Atrium priced from $850. El Diablo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable University Heights apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Atrium | 1x1 | 1BR,1BA | $850 |
| El Diablo Apartments | 1BR/1.0BA | 1BR,1BA | $885 |
| Willowbrook Apartments | 126 | 1BR,1BA | $895 |
| SoL | 4BR/4BA - Silver | 4BR,4BA | $940 |
| Sago Gardens | Townhome | 2BR,1BA | $950 |
| The Regency Apartment Homes | Unfurnished One Bedroom | 1BR,1BA | $999 |
| University Pointe Apartments | Studio | Studio,1BA | $999 |
| Tempe Terrace | One Bedroom Suite | 1BR,1BA | $999 |
| Thrive Tempe Apartments | 1x1 | 1BR,1BA | $999 |
| Willow Creek | 1X1-630 | 1BR,1BA | $1,035 |
Best Value Apartments for Rent in University Heights, AZ
As of April 04, 2026 the best value apartment in the University Heights area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value University Heights apartment is the D1 PHPV Model at Nine20 Tempe starting at $1,009 with a $0.69 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for University Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.53 |
| Nine20 Tempe | D1 PHPV | 4BR,4BA | $0.69 |
| Tempe Horizons | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| Agave | Acacia 2 | 2BR,2BA | $1.31 |
| Butterfield Park | Two Bedroom Two Bathroom | 2BR,2BA | $1.21 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| University Park | Two Bedroom Two Bathroom Ensuite | 2BR,2BA | $1.45 |
| Emerson Square | 2 Bed 2 Bath | 2BR,2BA | $1.50 |
| The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.47 |
| Willowbrook Apartments | 126 | 1BR,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Pet Friendly LifestyleUniversity Heights, Tempe, AZ
Ranked #15
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap University Heights Apartments
What is a cheap apartment in University Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Heights is under $1,035.
What is the price of a cheap apartment in University Heights?
The cheapest apartment in University Heights is The Atrium which is listed at $850, while the average apartment in University Heights costs $2,095.
What types of apartments are the cheapest in University Heights?
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 275 regular apartments in University Heights 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 University Heights?
Cheap apartments in University Heights have an average cost of $1,035 which is $1,060 cheaper than the average rent for all rentals in University Heights.
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.
Helpful Local Expert Guides

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

Experts Guide to the Top Neighborhoods in Phoenix, AZ for College Renters
Written by: Andrew Jollett
I never attended school in Phoenix. While living there for some time, I often longed to join in on the fun and adventure I saw students from a number of colleges in the area.

A Phoenix Experts Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon
Written by: Andrew Jollett
Phoenix has long been one of the fastest-growing metros in the United States. When I think about how much I’ve seen it change over the years, it’s no wonder so many young professionals flock to the area every year.

New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options
Written by: Andrew Jollett
Hi everyone! My name is Andrew, and I’m your local ApartmentHomeLiving.com guide for the greater Phoenix area. Today, I want to take you on an insider’s tour of the area.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.