
Cheap Apartments for Rent in the Wood Park Neighborhood of Tempe, AZ from $800 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wood Park area of Tempe.


Sono Tempe

The Mod at Mills

Lakeview at the Bay

The Avi

Sentry Tempe
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.

Mission Springs

Nines at Lakeside

Mercury on Mill

Sofia Apartments

Total Monthly Price
Strada

Omnia Baseline
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.

The Rev Apartment Homes

200 E Southern Ave

Total Monthly Price
505 West

Ponderosa Ranch Apartments

The Molino Apartments

College Park- No AVAILABILITY!!
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.

The Quinn Apartments

Total Monthly Price
Avana Cordoba

5151 E Guadalupe Rd

Total Monthly Price
Carlyle at South Mountain

10610 S 48th St

9605 S 48th St
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Rancho Ladera

5151 E Guadalupe Rd
Wood Park, Tempe, AZ Local Guide

How much does it cost to rent an apartment in Wood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wood Park Studio Apartments | $1,199 | $886 | $2,717 |
| Wood Park 1 Bedroom Apartments | $1,504 | $984 | $7,778 |
| Wood Park 2 Bedroom Apartments | $1,585 | $1,066 | $3,641 |
| Wood Park 3 Bedroom Apartments | $2,230 | $1,350 | $10,000+ |
| Wood Park 4 Bedroom Apartments | $2,173 | $1,945 | $2,401 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Wood Park Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Wood Park, Tempe, AZ Local Guide
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Cheapest Available Wood Park Apartments for Rent
 The cheapest available apartment rental in the Wood Park area of Phoenix, AZ is a Studio unit found at The Mod at Mills priced from $948. Lakeview at the Bay has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Wood Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mod at Mills | S1 | Studio,1BA | $948 |
| Lakeview at the Bay | LaJolla | 1BR,2BA | $950 |
| The Avi | 1x1 | 1BR,1BA | $984 |
| The Quinn Apartments | Studio | Studio,1BA | $1,024 |
| Avana Tempe | Studio - Sophisticated | Studio,1BA | $1,041 |
| The Molino Apartments | 1x1 450sqft | 1BR,1BA | $1,049 |
| Sentry Tempe | Kona | Studio,1BA | $1,065 |
| Sono Tempe | Harris | 1BR,1BA | $1,067 |
| Mission Springs | Saguaro - Junior One Bedroom | Studio,1BA | $1,071 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Wood Park, AZ
As of February 24, 2026 the best value apartment in the Wood Park area is the $1.41 price per square foot C1 Model at Carlyle at South Mountain in the in the South Phoenix neighborhood starting from $1,782. The second greatest value Wood Park apartment is the 2X2-1182 Model at San Marquis starting at $1,864 with a $1.58 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Wood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carlyle at South Mountain | C1 | 3BR,2BA | $1.41 |
| San Marquis | 2X2-1182 | 2BR,2BA | $1.58 |
| 505 West | Havasu | 2BR,2BA | $1.33 |
| Serafina at South Mountain | C2 | 2BR,2BA | $1.57 |
| 525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
| Allure at Tempe Apartments | Agave | 2BR,2BA | $1.34 |
| Sofia Apartments | The Calla (2x2) | 2BR,2BA | $1.46 |
| Lakeview at the Bay | Malibu | 1BR,1BA | $1.50 |
| Carlyle Townhomes | A1 | 1BR,1BA | $1.55 |
| The Avi | 1x1 | 1BR,1BA | $1.37 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleQuick 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.
Pet Friendly LifestyleWood Park, Tempe, AZ
Ranked #30
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Tempe. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Wood Park Apartments
What is the Cheapest Studio apartment in Wood Park?
Currently the most affordable Cheap Studio Apartment in Wood Park is at The Mod at Mills listed at $948.
How much is rent for a Cheap One Bedroom Wood Park Apartment?
The lowest price for a Cheap One Bedroom Wood Park Apartment is $950 at Lakeview at the Bay.
What is the lowest price for a Cheap Two Bedroom Wood Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wood Park is starting from $1,066 at Sentry Tempe.
What is the most affordable Wood Park Three Bedroom Apartment?
The best deal on a cheap Wood Park Three Bedroom Apartment rental is at The Avi and starts from $1,450.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.