1325 E Don Carlos Ave
TempeAZ85281
Cheap Homes for Rent in University Heights Neighborhood of Tempe, AZ from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Tempe.
1215 E Lemon St, Unit Lemon L, Unit Lemon L
1215 E Lemon St
TempeAZ85281
1201 S McClintock Dr
TempeAZ85281
1201 S McClintock Dr
TempeAZ85281
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1978 E Don Carlos
TempeAZ85281
1973 E 10th St
TempeAZ85281
1215 E Lemon St
TempeAZ85281
1201 S McClintock Dr
TempeAZ85281
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
TempeAZ85281
Showing Results 1-9, Page 1 of 1
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 | $1,587 | $1,250 | $2,550 |
| University Heights 3 Bedroom Homes for Rent | $2,320 | $1,750 | $3,000 |
| University Heights 4 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
| University Heights 5 Bedroom Homes for Rent | $3,650 | $3,650 | $3,650 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 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 |
Best Value Apartments for Rent in University Heights, AZ
As of April 24, 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 $979 with a $0.67 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 | $0.67 |
| Tempe Horizons | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| Agave | Acacia 2 | 2BR,2BA | $1.34 |
| Butterfield Park | One Bedroom One Bathroom | 1BR,1BA | $0.95 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| Cape Cod Apartments | 2BR/1.0BA | 2BR,1BA | $1.44 |
| University Park | Two Bedroom Two Bathroom Ensuite | 2BR,2BA | $1.45 |
| Gateway at Tempe | 2x2 L Renovated | 2BR,2BA | $1.46 |
| 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 Article
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.
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Pet Friendly LifestyleUniversity Heights, Tempe, AZ
Ranked #19
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 158 Apartments for Rent in University Heights, AZ with pricing that ranges from $715 to $3,365. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $850 to $3,650.
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 $850 to $3,650 with an average monthly rent of $2,110.
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 $3,141, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $715.
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
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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
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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
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.
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.