Cheap Homes for Rent in University Heights Neighborhood of Tempe, AZ from $800 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the University Heights area of Tempe.

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.

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University Heights, Tempe, AZ Local Guide

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 Willowbrook Apartments priced from $985. Willow Creek has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable University Heights apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$985
Willow CreekSTDO-405Studio,1BA$995
Paseo on University1 Bedroom Apartment Near ASU Tempe1BR,1BA$1,027

Best Value Apartments for Rent in University Heights, AZ

As of July 25, 2025 the best value apartment in the University Heights area is the $1.46 price per square foot Two Bedroom Two Bathroom Model at Butterfield Park in the in the Downtown Tempe neighborhood starting from $1,385. The second greatest value University Heights apartment is the Townhome Model at Sago Gardens starting at $1,300 with a $1.37 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Butterfield ParkTwo Bedroom Two Bathroom2BR,2BA$1.46
Sago GardensTownhome2BR,1BA$1.37
Nine20 TempeB12BR,2BA$1.39
Murietta at ASUTwo Bed One Bath - B12BR,1BA$1.74
Emerson Park2 Bed 1 Bath2BR,1BA$1.58
Cape Cod ApartmentsOne Bedroom1BR,1BA$1.60
AgaveVerde1BR,1BA$1.69
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$1.52
1433 S Kenneth PlTwo Bedroom/One Bath2BR,1BA$1.68
Paseo on University1 Bedroom Apartment Near ASU Tempe1BR,1BA$1.60

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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 $725 to $7,162. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $850 to $4,000.

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 $850 to $4,000 with an average monthly rent of $2,413.

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 $7,162, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,150. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $725.

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.

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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).

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.