
Cheap Homes for Rent in University Heights Neighborhood of Tempe, AZ from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Tempe.


1630 E 12th St

1630 E 12th St

1630 E 12th St

903 S Kenwood Cir

1630 E 12th St

1630 E 12th St
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.

1201 S McClintock Dr

1201 S McClintock Dr

910 S Dorsey Ln

912 S Dorsey Ln

1201 S McClintock Dr

1811 E Apache Blvd

1111 E University Dr
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.

1006 S Dorsey Ln

1811 E Apache Blvd

1857 E University Dr

1201 S McClintock Dr

1201 S McClintock Dr

1201 S McClintock Dr

1215 E Lemon St
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.
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 | $1,365 | $999 | $1,800 |
| University Heights 3 Bedroom Homes for Rent | $2,302 | $1,775 | $2,599 |
| University Heights 4 Bedroom Homes for Rent | $2,500 | $2,300 | $2,800 |
| University Heights 5 Bedroom Homes for Rent | $3,997 | $2,995 | $4,999 |
| University Heights 6 Bedroom Homes for Rent | $4,875 | $4,750 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the University Heights Neighborhood of Tempe, AZ.
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University Heights, Tempe, AZ Local Guide
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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 4 Beds unit found at SoL priced from $760. The Atrium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable University Heights apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SoL | 4BR/4BA - Silver | 4BR,4BA | $760 |
| The Atrium | 1x1 | 1BR,1BA | $850 |
| The Willowbrook Apartments | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| Emerson Square | Studio | Studio,1BA | $970 |
| Willow Creek | STDO-405 | 1BR, | $975 |
Best Value Apartments for Rent in University Heights, AZ
As of January 23, 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 $1,079 with a $0.74 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 | $0.74 |
| Agave | Saguaro | 3BR,2BA | $1.35 |
| Butterfield Park | Two Bedroom Two Bathroom | 2BR,2BA | $1.26 |
| Sago Gardens | Single Story | 2BR,1BA | $1.24 |
| Cape Cod Apartments | 2BR/1.0BA | 2BR,1BA | $1.44 |
| The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.47 |
| Emerson Park | 2 Bed 1 Bath | 2BR,1BA | $1.39 |
| Evergreen on Hayden Lane | 2/1 | 2BR,1BA | $1.48 |
| The Willowbrook Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.38 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #16
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 162 Apartments for Rent in University Heights, AZ with pricing that ranges from $695 to $5,600. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $700 to $5,000.
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 $700 to $5,000 with an average monthly rent of $2,466.
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 $775 to $5,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,775 to $2,599. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $695.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.