Cheap 2 Bedroom Apartments for Rent in the University Park Neighborhood of Tempe, AZ from $750 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

property at 1409 S Mill Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,250

Total Monthly Price
$900 - $1,250

2 Bedroom Condos for Rent

Available Sep 15

1409 S Mill Ave

TempeAZ85281
close
View Me
Parq on 5th
Rent Specials
$1,275 - $1,683
Total Monthly Price

Total Monthly Price

Base Rent
$1,102 - $1,683

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

Parq on 5th

805 W Brown StTempe, AZ 85281
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
West 5th
$1,299 - $1,334
Total Monthly Price

Total Monthly Price

Base Rent
$1,334

Total Monthly Price
$1,334
2 Bedroom Apartments Available Oct 1

West 5th

601 W 5th StTempe, AZ 85281
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 731 W University Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Oct 1

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

close
View Me
Encore on Farmer
2 Bedroom Apartments

Encore on Farmer

601 S Farmer AveTempe, AZ 85281
Senior Living
  • Utilities Included
close
View Me
Scene 1 Condos
2 Bedroom Apartments

Scene 1 Condos

700 W UniversityTempe, AZ 85281
close
View Me
Echo Tempe
2 Bedroom Apartments

Echo Tempe

1014 S Farmer AveTempe, AZ 85281
  • Utilities Included
close
View Me
Corsican
2 Bedroom Apartments

Corsican

1312 S Hardy DrTempe, AZ 85281
Student Housing
  • Utilities Included

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.

close
View Me
Casa Carmel
2 Bedroom Apartments

Casa Carmel

2222 S Rural RdTempe, AZ 85282
close
View Me
Parkview on 5th
2 Bedroom Apartments

Parkview on 5th

704-724 W 5th StTempe, AZ 85281
close
View Me
Bali Hai
2 Bedroom Apartments

Bali Hai

2021 S Granada DrTempe, AZ 85282
  • Utilities Included
close
View Me
Rothko
2 Bedroom Apartments

Rothko

2108 S Rural RdTempe, AZ 85282
close
View Me
University Park
2 Bedroom Apartments

University Park

1015 E University DrTempe, AZ 85281
close
View Me
Riviera Palms
2 Bedroom Apartments

Riviera Palms

914 E Lemon StTempe, AZ 85281
Student Housing
  • Utilities Included
close
View Me
Cortez Palms Apartments
2 Bedroom Apartments

Cortez Palms Apartments

1031 E Lemon StTempe, AZ 85281
Student Housing
  • Utilities Included
close
View Me
George Ann
2 Bedroom Apartments

George Ann

1122 E Lemon StTempe, AZ 85281
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
Lemon Grove
2 Bedroom Apartments

Lemon Grove

1230 E Lemon StTempe, AZ 85281
  • Utilities Included
close
View Me
Brix
2 Bedroom Apartments

Brix

1424 S Jentilly LnTempe, AZ 85281
  • Utilities Included
close
View Me
University Square
2 Bedroom Apartments

University Square

1011 E Lemon StTempe, AZ 85281
Student Housing
close
View Me
University Gardens
2 Bedroom Apartments

University Gardens

1019 E Lemon StTempe, AZ 85281
Student Housing
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

University Park, Tempe, AZ Local Guide

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
University Park, Tempe, AZ

Ranked #26

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,044.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is Yugo Tempe Villas which is listed at $829, while the average apartment in University Park costs $1,549.

What types of apartments are the cheapest in University Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 208 regular apartments in University Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University Park?

Cheap apartments in University Park have an average cost of $1,181 which is $368 cheaper than the average rent for all rentals in University Park.

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

decorative image for From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities article

From Scottsdale to Peoria: Your Renter’s Guide to Phoenix's Best Cities

Written by: Andrew Jollett

I’m Andrew, your ApartmentHomeLiving.com Local Expert for Phoenix.

decorative image for Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips article

Your Essential Local Expert's Phoenix Relocation Guide: Housing, Utilities, and Local Tips

Written by: Andrew Jollett

Hi! I’m Andrew, and I’m your local Phoenix expert for ApartmentHomeliving.com. If you’re looking to move to the Phoenix area, I’m excited for you.

decorative image for New to Phoenix? Your Essential Guide to Top Neighborhoods, City Life and Transit Options article

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.

decorative image for A Phoenix Expert's Relocation Guide: Best Neighborhoods to Rent Near Banner, ASU, & Amazon article

A Phoenix Expert's 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.

Articles, How-To's, and Tips

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.