1630 E 12th St
TempeAZ85281
Cheap Homes for Rent in the University Heights Neighborhood of Tempe, AZ from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the University Heights area of Tempe.
1630 E 12th St
TempeAZ85281
1325 E Don Carlos Ave
TempeAZ85281
722 E Encanto Dr
TempeAZ85281
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
1978 E Don Carlos
TempeAZ85281
1405 S Newberry Ln
TempeAZ85281
1201 S McClintock Dr
TempeAZ85281
1201 S McClintock Dr
TempeAZ85281
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $1,471 | $1,195 | $1,695 |
| University Heights 3 Bedroom Homes for Rent | $2,696 | $1,100 | $5,500 |
| University Heights 4 Bedroom Homes for Rent | $3,099 | $2,450 | $4,000 |
| University Heights 5 Bedroom Homes for Rent | $3,095 | $2,795 | $3,395 |
| University Heights 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.
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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 Studio unit found at University Pointe Apartments priced from $899. Paseo on University has the second lowest priced unit, which is a 1 Bed apartment currently listed from $914. 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 | $899 |
| Paseo on University | 1 Bedroom Apartment Near ASU Tempe | 1BR,1BA | $914 |
| Sago Gardens | Townhome | 2BR,1BA | $950 |
Best Value Apartments for Rent in University Heights, AZ
As of July 26, 2026 the best value apartment in the University Heights area is the $0.43 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $799. The second greatest value University Heights apartment is the D3 Model at Canvas starting at $1,249 with a $0.92 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 | $0.43 |
| Canvas | D3 | 4BR,4BA | $0.92 |
| The District on Apache | 3x3 Luxe | 3BR,3BA | $0.89 |
| Tempe Horizons | 2 Bed/2 Bath | 2BR,2BA | $1.36 |
| The Warhol | B1P | 2BR,1BA | $1.16 |
| SoL | 2BR/2BA - Platinum | 2BR,2BA | $1.18 |
| Sago Gardens | Single Story | 2BR,1BA | $1.21 |
| El Diablo Apartments | 2BR/2.0BA | 2BR,2BA | $1.49 |
| The Apollo | B2 | 2BR,2BA | $1.46 |
| The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.35 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleUniversity Heights, Tempe, AZ
Ranked #18
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about University Heights
What type of rentals are currently available in University Heights?
There are currently 163 Apartments for Rent in University Heights, AZ with pricing that ranges from $676 to $3,365. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $850 to $5,500.
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 $5,500 with an average monthly rent of $2,596.
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 $801 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $676.
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.
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