Cheap Apartments for Rent in the West Tempe Neighborhood of Tempe, AZ from $700 (97 Rentals)

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Search the lowest-cost Apartments available for rent right now in the West Tempe area of Tempe.

property at 700 W University Dr

$950 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,100
Total Monthly Price
$950 - $1,100

1 To 2 Bedroom Condos for Rent

Available Now

700 W University Dr

TempeAZ85281

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 528 W Howe St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Now

528 W Howe St

TempeAZ85281

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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West 5th
$1,234 - $1,334
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $1,334
Total Monthly Price
$1,234 - $1,334
1 to 2 Bedroom Apartments Available Now

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 May 15

731 W University Dr

TempeAZ85281

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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San Portella
Rent Specials
$1,424 - $5,410
Total Monthly Price

Total Monthly Price

Base Rent
$1,424 - $5,410
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

San Portella

2155 S 55th StTempe, AZ 85282
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Lyndon Lane
$1,425 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,530
Total Monthly Price
$1,425 - $1,530
Studio to 2 Bedroom Apartments Available Now

Lyndon Lane

1548 W University DrTempe, AZ 85281
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Trovita Rio
Rent Specials
$1,525 - $2,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $2,720
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Trovita Rio

701 W Rio Salado PkyTempe, AZ 85281
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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Encore on Farmer
1 to 2 Bedroom Apartments

Encore on Farmer

601 S Farmer AveTempe, AZ 85281
Senior Living
  • Utilities Included
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Plaza East
1 Bedroom Apartments

Plaza East

807 W 3rd StTempe, AZ 85281

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

West Tempe, Tempe, AZ Local Guide

Cheapest Available West Tempe Apartments for Rent

 

The cheapest available apartment rental in the West Tempe area of Phoenix, AZ is a Studio unit found at Valencia Park priced from $835. Villas on 4th has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable West Tempe apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Valencia ParkSonomaStudio,1BA$835
Villas on 4thStudioStudio,1BA$875
Grandes CortesStudioStudio,1BA$899
MargoStudioStudio,1BA$929
Parq on 5thStudioStudio,1BA$932
Parkside ApartmentsA11BR,1BA$948
The Place of TempeStudioStudio,1BA$950
The HalstonA11BR,1BA$999
Grayson on the RailStudioStudio,1BA$1,050
Riverside ApartmentsStudioStudio,1BA$1,062

Best Value Apartments for Rent in West Tempe, AZ

As of April 26, 2026 the best value apartment in the West Tempe area is the $1.39 price per square foot 2x2.5 Tandem Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,495. The second greatest value West Tempe apartment is the 1405 S Farmer Ave Model at 1405 S Farmer Ave, Unit House starting at $2,795 with a $1.75 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for West Tempe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roosevelt Luxury Townhomes2x2.5 Tandem Garage2BR,2.5BA$1.39
1405 S Farmer Ave, Unit House1405 S Farmer Ave3BR,3BA$1.75
Luna Bear 5th StreetB12BR,2BA$1.37
Rio ParadisoA3 Loft1BR,1BA$1.72
Lyndon LaneLyndon Lane Two Bedroom One Bath2BR,1BA$1.58
GREAT COMMUNITY BY ASU2BR/1.0BA2BR,1BA$1.73
Decco 1091 Bedroom 1 Bathroom1BR,1BA$1.67
Ascent at Papago ParkA11BR,1BA$1.75
The HalstonA11BR,1BA$1.59
Parkside ApartmentsA11BR,1BA$1.55

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
West Tempe, Tempe, AZ

Ranked #17

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
West Tempe, Tempe, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including West Tempe, Tempe, and the greater Phoenix area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, family-friendly amenities, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap West Tempe Apartments

What is a cheap apartment in West Tempe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Tempe is under $1,062.

What is the price of a cheap apartment in West Tempe?

The cheapest apartment in West Tempe is Valencia Park which is listed at $895, while the average apartment in West Tempe costs $3,100.

What types of apartments are the cheapest in West Tempe?

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 104 regular apartments in West Tempe 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 West Tempe?

Cheap apartments in West Tempe have an average cost of $1,429 which is $1,671 cheaper than the average rent for all rentals in West Tempe.

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

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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