1 Address provided after initial interview
TempeAZ85281
Cheap Homes for Rent in University Park Neighborhood of Tempe, AZ from $700 (12 Rentals)
Cheap Homes in the University Park area of Tempe.
820 W 9th St
TempeAZ85281
700 W University Dr, Unit 141
700 W University Dr
TempeAZ85281
906 S Farmer Ave, Unit B
906 S Farmer Ave
TempeAZ85281
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.
1111 E University Dr
TempeAZ85288
1014 E Spence Ave
TempeAZ85281
1214 S Roosevelt St, Unit A
1214 S Roosevelt St
TempeAZ85281
2015 S Granada Dr
TempeAZ85282
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1260 E University Dr
TempeAZ85288
2725 S Rural Rd
TempeAZ85282
2016 S Granada Dr
TempeAZ85282
1905 S Farmer Ave
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
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University Park, Tempe, AZ Local Guide
How much does it cost to rent a home in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park 2 Bedroom Homes for Rent | $1,949 | $950 | $2,950 |
| University Park 3 Bedroom Homes for Rent | $2,548 | $750 | $3,795 |
| University Park 4 Bedroom Homes for Rent | $3,424 | $2,400 | $4,400 |
| University Park 5 Bedroom Homes for Rent | $3,756 | $2,895 | $5,450 |
| University Park 6 Bedroom Homes for Rent | $4,660 | $3,200 | $5,800 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the University Park Neighborhood of Tempe, AZ.
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University Park, Tempe, AZ Local Guide
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Cheapest Available University Park Apartments for Rent
The cheapest available apartment rental in the University Park area of Phoenix, AZ is a Studio unit found at University Pointe Apartments priced from $898. Axio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable University Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Pointe Apartments | Studio | Studio,1BA | $898 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,000 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,040 |
| 1433 S Kenneth Pl | Two Bedroom/One Bath | 2BR,1BA | $1,095 |
| Paseo on University | Studio | Studio,1BA | $1,123 |
Best Value Apartments for Rent in University Park, AZ
As of May 02, 2025 the best value apartment in the University Park area is the $1.67 price per square foot 3 Bedroom 3.5 Bath Model at The Place On Jentilly in the in the Downtown Tempe neighborhood starting from $2,750. The second greatest value University Park apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,700 with a $1.72 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Place On Jentilly | 3 Bedroom 3.5 Bath | 3BR,3.5BA | $1.67 |
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| Agave | Saguaro | 3BR,2BA | $1.54 |
| Aria on Mill | C1R | 2BR,2BA | $1.70 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.42 |
| Nine20 Tempe | B1 | 2BR,2BA | $1.39 |
| The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.53 |
| Beautiful Renovations One and Two Bedrooms | 2x1 -25 | 2BR,1BA | $1.69 |
| IMT Desert Palm Village | 1A | 1BR,1BA | $1.68 |
| 1433 S Kenneth Pl | Two Bedroom/One Bath | 2BR,1BA | $1.68 |
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Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 224 Apartments for Rent in University Park, AZ with pricing that ranges from $799 to $14,000. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $750 to $5,800.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $750 to $5,800 with an average monthly rent of $2,944.
How much are larger Three and Four Bedroom Rentals in University Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Park range from $1,069 to $5,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,795. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $799.
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.
A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
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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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Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.