
Cheap Homes for Rent in University Heights Neighborhood of Tempe, AZ from $700 (8 Rentals)
Cheap Homes in the University Heights area of Tempe.


1111 E University Dr
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.

904 S Mariana St

1960 E Don Carlos
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

908 S Casitas Dr

1014 E Spence 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

1620 E Apache Blvd

1861 E University Dr
University Heights, Tempe, AZ Local Guide

How much does it cost to rent a home in University Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Heights 2 Bedroom Homes for Rent | $1,826 | $1,475 | $2,500 |
University Heights 3 Bedroom Homes for Rent | $2,174 | $750 | $3,375 |
University Heights 4 Bedroom Homes for Rent | $2,347 | $2,195 | $2,500 |
University Heights 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Tempe, AZ.
Explore Tempe
University Heights, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Heights Apartments for Rent
 The cheapest available apartment rental in the University Heights area of Phoenix, AZ is a Studio unit found at University Pointe Apartments priced from $898. The Willowbrook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable University Heights apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Pointe Apartments | Studio | Studio,1BA | $898 |
The Willowbrook Apartments | 1 Beds, 1 Baths | 1BR,1BA | $985 |
Emerson Park | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in University Heights, AZ
As of May 08, 2025 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 Saguaro Model at Agave starting at $1,924 with a $1.54 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 |
Agave | Saguaro | 3BR,2BA | $1.54 |
Murietta at ASU | Three Bed Two Bath - C1 | 3BR,2BA | $1.68 |
Nine20 Tempe | B1 | 2BR,2BA | $1.39 |
La Paloma Apartments | Two Bedroom | 2BR,2BA | $1.58 |
The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.53 |
Hayden Terrace | 2x1 Remodeled | 2BR,1BA | $1.60 |
Gateway at Tempe | 2x2 L Renovated | 2BR,2BA | $1.36 |
Cape Cod Apartments | One Bedroom | 1BR,1BA | $1.60 |
The Willowbrook Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.52 |
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.
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 157 Apartments for Rent in University Heights, AZ with pricing that ranges from $650 to $5,567. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $750 to $3,375.
What is the current price range for Rental Homes in University Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $750 to $3,375 with an average monthly rent of $2,044.
How much are larger Three and Four Bedroom Rentals in University Heights?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Heights range from $840 to $4,945, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,375. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $650.
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.

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).

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.