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apartments under 700
Last updated December 13 2019 at 6:17 AM

12 Apartments under $700 for rent in Tempe, AZ

Verified
Last updated December 13 at 04:21am
7 Units Available
District Flats Off Dobson
1045 S San Jose, Mesa, AZ
Studio
$639
450 sqft
1 Bedroom
$912
628 sqft
2 Bedrooms
Ask
Recently renovated studio and one-bedroom apartments. Extra storage, hardwood floors, ceiling fans and patios. Amenities include a dog park, grilling area, pool, tennis court and on-site laundry. Pet-friendly.
Results within 5 miles of Tempe
Verified
Last updated December 13 at 06:50am
Duke Manor
10 Units Available
Sonoran Palms
900 N Country Club Dr, Mesa, AZ
Studio
$675
380 sqft
1 Bedroom
$810
550 sqft
Convenient to Highways 60, 101 and 202. Multiple on-site amenities, including a bark park, laundry, fitness center and two swimming pools. On-site maintenance and covered car parking available. Rent includes air conditioning, heating and electricity.
Verified
Last updated December 12 at 12:27am
5 Units Available
Revival Biltmore
2911 East Indian School Road, Phoenix, AZ
Studio
$599
380 sqft
1 Bedroom
$739
552 sqft
2 Bedrooms
$899
748 sqft
Welcome home to Revival Biltmore in beautiful Phoenix, Arizonathe area known as The Valley of the Sun. Our beautiful apartment home community is located in the heart of Phoenix in Maricopa County just off I-10.
Verified
Last updated February 11 at 04:40pm
Arcadia
3 Units Available
Camino Tomas
4630 E Thomas Rd, Phoenix, AZ
Studio
$699
1 Bedroom
$815
2 Bedrooms
$1,084
A beautiful, well-maintained community with a park-like feel. On-site amenities include 24-hour maintenance, laundry services, and walking paths. Picnic area and pool provided. Spacious interiors with modern upgrades.
Last updated December 13 at 07:00am
1 Unit Available
3523 E OAK Street
3523 East Oak Street, Phoenix, AZ
1 Bedroom
$600
2534 sqft
1 bedroom/1 bath duplex unit for rent. Fresh and bright new paint, light fixtures, blinds. Tile throughout; appliances included. Available for Jan 1 or negotiable. Owner is related to Listing Agent. Owner is a licensed real estate agent.
Last updated December 13 at 06:11am
Downtown Mesa
1 Unit Available
15 East 2nd Avenue
15 East 2nd Avenue, Mesa, AZ
1 Bedroom
$695
450 sqft
Single level one bedroom. No neighbors above you. Quaint courtyard. Brand new carpet and paint. Lots of kitchen cabinet space. Large master! *Water included in rent* Pets on approval. $250 non refundable pet fee per pet; max two.
Last updated December 13 at 06:11am
1 Unit Available
2236 North 29th Street
2236 North 29th Street, Phoenix, AZ
1 Bedroom
$699
630 sqft
3 plex apt, all tile flooring, remodeled about 5 years ago with paint job inside and out, new kitchen cabinets and countertops, new bathroom vanity and more.
Last updated December 13 at 06:16am
1 Unit Available
903 N 30th St - H
903 North 30th Street, Phoenix, AZ
2 Bedrooms
$700
800 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 903 N 30th St - H in Phoenix. View photos, descriptions and more!
Results within 10 miles of Tempe
Verified
Last updated December 13 at 12:16am
9 Units Available
Bella Solano
5656 N 17th Ave, Phoenix, AZ
Studio
$690
420 sqft
1 Bedroom
$775
625 sqft
2 Bedrooms
Ask
Great location for commuters, close to interstates 10 and 17. Units feature laundry, patio/balcony, dishwasher and bathtub. Luxurious community offers pool, pool table, shuffleboard, guest parking and clubhouse.
Verified
Last updated December 13 at 06:40am
2 Units Available
Income Restricted - Paseo Abeytia
1330 East Roeser Road, Phoenix, AZ
1 Bedroom
$456
540 sqft
We are an Income Restricted Community. All applicants must income qualify.
Last updated December 13 at 06:11am
1 Unit Available
801 East Siesta Drive
801 East Siesta Drive, Phoenix, AZ
1 Bedroom
$595
633 sqft
A charming 1 bedrooms, 1 bath home is now available for move-in! This property has beautiful vinyl wood flooring and natural light throughout! Great kitchen with stainless steel appliances! Don't Miss Out!  Schedule your convenient self-showing
Last updated December 9 at 05:01pm
1 Unit Available
2837 W Melvin # 4
2837 West Melvin Street, Phoenix, AZ
Studio
$550
360 sqft
2837 W MELVIN # 4 - VanBuren/28thAve - **Move In Special!!** $50 discount for the first 2 months on a 12 month lease! $100 value!! Studio For Rent! Price includes Water, Trash, and Sewer! Cozy place to call your own! Security Screen Door, Laminate

December 2019 Tempe Rent Report

Welcome to the December 2019 Tempe Rent Report. Tempe rents declined over the past month. In this report, we'll evaluate trends in the Tempe rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

December 2019 Tempe Rent Report

Welcome to the December 2019 Tempe Rent Report. Tempe rents declined over the past month. In this report, we'll evaluate trends in the Tempe rental market, including comparisons to cities throughout the metro, state, and nation.

Tempe rents declined moderately over the past month

Tempe rents have declined 0.3% over the past month, but are up significantly by 5.1% in comparison to the same time last year. Currently, median rents in Tempe stand at $982 for a one-bedroom apartment and $1,223 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in September. Tempe's year-over-year rent growth leads the state average of 3.5%, as well as the national average of 1.4%.

    Rents rising across the Phoenix Metro

    Throughout the past year, rent increases have been occurring not just in the city of Tempe, but across the entire metro. Of the largest 10 cities that we have data for in the Phoenix metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Gilbert has the most expensive rents in the Phoenix metro, with a two-bedroom median of $1,526; the city has also seen rent growth of 1.4% over the past month, the fastest in the metro.
    • Over the past month, Surprise has seen the biggest rent drop in the metro, with a decline of 0.7%. Median two-bedrooms there cost $1,358, while one-bedrooms go for $1,090.
    • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,098; rents were up 0.1% over the past month and 3.9% over the past year.

    Tempe rents more affordable than many large cities nationwide

    As rents have increased significantly in Tempe, a few large cities nationwide have seen rents grow more modestly. Tempe is still more affordable than most large cities across the country.

    • Rents increased slightly in other cities across the state, with Arizona as a whole logging rent growth of 3.5% over the past year. For example, rents have grown by 1.6% in Tucson.
    • Tempe's median two-bedroom rent of $1,223 is slightly above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 5.1% rise in Tempe.
    • While Tempe's rents rose significantly over the past year, many cities nationwide also saw increases, including Las Vegas (+3.2%), Dallas (+2.2%), and San Antonio (+2.0%).
    • Renters will find more reasonable prices in Tempe than most large cities. For example, San Francisco has a median 2BR rent of $3,101, which is more than two-and-a-half times the price in Tempe.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Phoenix
    $880
    $1,100
    0.1%
    3.9%
    Mesa
    $910
    $1,130
    0.2%
    5%
    Chandler
    $1,160
    $1,440
    0.5%
    4.7%
    Glendale
    $940
    $1,170
    0.2%
    4%
    Scottsdale
    $1,090
    $1,360
    0.4%
    3.6%
    Gilbert
    $1,220
    $1,530
    1.4%
    4.4%
    Tempe
    $980
    $1,220
    -0.3%
    5.1%
    Peoria
    $1,180
    $1,470
    0
    4.2%
    Surprise
    $1,090
    $1,360
    -0.7%
    1.5%
    Avondale
    $1,030
    $1,280
    0.7%
    4.3%
    Goodyear
    $1,180
    $1,460
    0.4%
    3.3%
    Buckeye
    $970
    $1,210
    0.2%
    1.3%
    Casa Grande
    $790
    $990
    0.1%
    1.7%
    Sun City
    $890
    $1,100
    -1.6%
    2.1%
    Apache Junction
    $590
    $730
    -0.2%
    1.9%
    El Mirage
    $780
    $970
    0.1%
    0
    Queen Creek
    $1,260
    $1,570
    -0.3%
    -1.3%
    Fountain Hills
    $1,050
    $1,310
    1%
    1.3%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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