
Cheap Apartments for Rent in the University Park Neighborhood of Tempe, AZ from $700 (87 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the University Park area of Tempe.


Valor on Eighth

University Park

The Regency Apartment Homes

Cortez Palms Apartments

George Ann

Riviera Palms

Beautiful Renovations One and Two Bedrooms Located in the Heart of Tempe!

Hidden Glen

University Square
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

University Gardens

The Vintage on College

2323 S College Ave

Thrive Tempe Apartments

Echo Tempe

Dwell at 5th and Farmer

Parkview on 5th

Plaza East

Bali Hai

2610 S Ventura Dr
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

731 W University Dr

1215 E Lemon St

GREAT COMMUNITY BY ASU

Casa Carmel

2123 W Hu Esta Dr

521 W 10th St

Corsican

Broadway 121

Park Terrace Tempe

Roosevelt South

Emerson Mill Avenue

154 W 5th St

2015 S Granada Dr

The Modern

The Piedmont

Parque Villa

The Grayson2
University Park, Tempe, AZ Local Guide

How much does it cost to rent an apartment in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park Studio Apartments | $1,442 | $750 | $1,799 |
| University Park 1 Bedroom Apartments | $1,656 | $995 | $2,905 |
| University Park 2 Bedroom Apartments | $1,954 | $950 | $4,950 |
| University Park 3 Bedroom Apartments | $2,565 | $1,004 | $5,567 |
| University Park 4 Bedroom Apartments | $1,426 | $899 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 87 rentals with your search options within a 1 mile radius of the University Park Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
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 $1,050.
What is the price of a cheap apartment in University Park?
The cheapest apartment in University Park is Tempe Terrace which is listed at $999, while the average apartment in University Park costs $2,772.
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 111 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 $1,387 which is $1,385 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

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.