Cheap Apartments for Rent in the West Tempe Neighborhood of Tempe, AZ from $700 (94 Rentals)

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

property at 1409 S Mill Ave

$925 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$925 - $1,350

Total Monthly Price
$925 - $1,350

Studio To 2 Bedroom Condos for Rent

Available Aug 15

1409 S Mill Ave

TempeAZ85281
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

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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Parq on 5th
Rent Specials
$1,149 - $1,678
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,678

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Parq on 5th

805 W Brown StTempe, AZ 85281
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1200 S Farmer Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

1200 S Farmer Ave

TempeAZ85281
property at 407 W Howe St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

407 W Howe St

TempeAZ85281
property at 616 S Hardy Dr

$1,200 - $1,225

2 Bedroom Rentals

Available Now

616 S Hardy Dr

TempeAZ85281

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.

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 Aug 15

property at 504 W Brown St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

504 W Brown St

TempeAZ85281

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.

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West 5th
$1,434
Total Monthly Price

Total Monthly Price

Base Rent
$1,434

Total Monthly Price
$1,434
2 Bedroom Apartments Contact Us For Availability

West 5th

601 W 5th StTempe, AZ 85281
Transit Friendly
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  • Customer Reviewed
  • Utilities Included
property at 505 W Howe St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

5 Bedroom, 2 Bath Home for Rent

Available Now

505 W Howe St

TempeAZ85281
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Villas on 4th
Studio to 3 Bedroom Apartments

Villas on 4th

1218-1246 W 4th StTempe, AZ 85281
Corporate 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.

property at 521 W 5th St

$895

1 Bedroom, 1 Bath Townhome for Rent

Available Now

521 W 5th St

TempeAZ85281
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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
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The Place of Tempe
Studio to 2 Bedroom Apartments

The Place of Tempe

607-627 W 19th StTempe, AZ 85281
  • Utilities Included
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Venture on Wilson
1 to 2 Bedroom Apartments

Venture on Wilson

626 S Wilson StTempe, AZ 85281
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Hidden Glen
1 to 2 Bedroom Apartments

Hidden Glen

818 W 3rd StTempe, AZ 85281
  • Utilities Included

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.

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 $775. Margo has the second lowest priced unit, which is a Studio apartment currently listed from $929. Here are the most affordable West Tempe apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Valencia ParkSonomaStudio,1BA$775
MargoStudioStudio,1BA$929
Hidden Glen1X11BR,1BA$1,050
Studio 710 ApartmentsSmall Studio DeluxeStudio,1BA$1,059
The Halston ApartmentsA11BR,1BA$1,075
Grayson on the RailStudio 468Studio,1BA$1,099
Parkside ApartmentsA11BR,1BA$1,099
Axio Apartments1x11BR,1BA$1,130
Parq on 5thStudioStudio,1BA$1,149
Solaris On UniversityU2 - 2 x 12BR,1BA$1,149

Best Value Apartments for Rent in West Tempe, AZ

As of July 25, 2026 the best value apartment in the West Tempe area is the $1.42 price per square foot 3 Beds, 3.5 Baths Model at 430 W 7th St in the in the Downtown Tempe neighborhood starting from $3,134. The second greatest value West Tempe apartment is the 2x2.5 Den, Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,950 with a $1.60 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.
430 W 7th St3 Beds, 3.5 Baths3BR,3.5BA$1.42
Roosevelt Luxury Townhomes2x2.5 Den, Standard Garage2BR,2.5BA$1.60
Ascent at Papago ParkB32BR,2BA$1.61
Westmount at Downtown Tempe ApartmentsCoastline3BR,1BA$1.65
336 S Roosevelt St, Unit 2336 S Roosevelt St2BR,1BA$1.30
Luna Bear 5th StreetB12BR,2BA$1.37
Rio ParadisoA2 Loft1BR,1BA$1.67
Corsican2 Bed - 1 Bath2BR,1BA$1.31
Lyndon LaneLyndon Lane Two Bedroom One Bath2BR,1BA$1.66
Solaris On UniversityU2 - 2 x 12BR,1BA$1.34

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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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.

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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.

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Pet Friendly Lifestyle
West Tempe, Tempe, AZ

Ranked #23

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $1,149.

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

The cheapest apartment in West Tempe is Valencia Park which is listed at $880, while the average apartment in West Tempe costs $3,800.

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 67 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 $1,430 which is $2,370 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.

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