Cheap Homes for Rent in University Park Neighborhood of Tempe, AZ from $600 (20 Rentals)

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

property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
Showing Results 1-20, Page 1 of 1

University Park, Tempe, AZ Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Phoenix, AZ is a 1 Bed unit found at Paseo on University priced from $930. Parq on 5th has the second lowest priced unit, which is a Studio apartment currently listed from $957. Here are the most affordable University Park apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Paseo on University1 Bedroom Apartment Near ASU Tempe1BR,1BA$930
Parq on 5thStudioStudio,1BA$957
The Fredrick3x23BR,2BA$999
University Pointe ApartmentsStudioStudio,1BA$999
Studio 710 ApartmentsLarge Studio DeluxeStudio,1BA$999

Best Value Apartments for Rent in University Park, AZ

As of August 21, 2025 the best value apartment in the University Park area is the $1.50 price per square foot 3/3 Model at The Hardy Tempe Townhome Living in the in the Downtown Tempe neighborhood starting from $2,562. The second greatest value University Park apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,695 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Hardy Tempe Townhome Living3/33BR,3BA$1.50
Roosevelt Luxury Townhomes2x2.5 Standard Garage2BR,2.5BA$1.72
611 W 13th St, Unit 611611 W 13th St3BR,2.5BA$1.57
AgaveAgave Suite3BR,2BA$1.44
Sago GardensTownhome2BR,1BA$1.37
University ParkTwo Bedroom Two Bathroom Ensuite2BR,2BA$1.25
Beautiful Renovations One and Two Bedrooms2x12BR,1BA$1.69
1433 S Kenneth PlTwo Bedroom/One Bath2BR,1BA$1.68
Paseo on University1 Bedroom Apartment Near ASU Tempe1BR,1BA$1.45
The Vintage on College1x1 Remodeled W/D1BR,1BA$1.75

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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

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Best Local Schools in
University Park, Tempe, AZ

School data provided by Great Schools

Frequently Asked Questions about University Park

What type of rentals are currently available in University Park?

There are currently 239 Apartments for Rent in University Park, AZ with pricing that ranges from $625 to $14,000. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $650 to $4,400.

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 $650 to $4,400 with an average monthly rent of $1,931.

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 $999 to $5,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,175 and Four Bedroom Apartments start at $895.

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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