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121 Houses for rent in Tempe, AZ

Last updated September 21 at 2:37am UTC
1626 E PALMCROFT Drive
Meyer Park
Tempe, AZ
Updated September 21 at 2:37am UTC
3 Bedrooms
$1,425
1341 W Laird Street
Gililland
Tempe, AZ
Updated September 21 at 2:35am UTC
4 Bedrooms
$1,500
468 W BOLERO Drive
Parke Tempe
Tempe, AZ
Updated September 21 at 2:31am UTC
3 Bedrooms
$1,550
8858 S TAYLOR Drive
Alta Mira
Tempe, AZ
Updated September 21 at 2:31am UTC
2 Bedrooms
$1,700
1613 E VAUGHN Street
Tempe
Tempe, AZ
Updated September 21 at 2:31am UTC
2 Bedrooms
$1,650
741 E Granada Drive
Daley Park
Tempe, AZ
Updated September 20 at 9:37pm UTC
4 Bedrooms
$2,400
3916 S Pine Street
Tempe
Tempe, AZ
Updated September 20 at 4:39pm UTC
4 Bedrooms
$2,400
1110 W 17th Place
Holdeman
Tempe, AZ
Updated September 20 at 11:42am UTC
4 Bedrooms
$1,895
4416 S Park Drive
Tempe South Mountain
Tempe, AZ
Updated September 20 at 11:42am UTC
4 Bedrooms
$1,295
1310 E Orange Street
University Heights
Tempe, AZ
Updated September 20 at 6:40am UTC
4 Bedrooms
$2,000
414 E BARBARA Drive
Tempe
Tempe, AZ
Updated September 20 at 6:37am UTC
3 Bedrooms
$4,000
1735 S VENTURA Drive
Daley Park
Tempe, AZ
Updated September 20 at 6:35am UTC
4 Bedrooms
$1,935
1740 S EL CAMINO Drive
Daley Park
Tempe, AZ
Updated September 20 at 6:34am UTC
3 Bedrooms
$1,540
1438 E WILLIAMS Street
Hudson Manor
Tempe, AZ
Updated September 20 at 6:34am UTC
4 Bedrooms
$1,595
1334 E HERMOSA Drive
Hollis Park
Tempe, AZ
Updated September 19 at 9:14am UTC
4 Bedrooms
$1,800
1537 E DAVA Drive
Dava-Lakeshore
Tempe, AZ
Updated September 19 at 5:19am UTC
4 Bedrooms
$1,995
1918 E. Magdalena Drive
Optimist Park Southwest
Tempe, AZ
Updated September 18 at 1:12pm UTC
3 Bedrooms
$1,295
1416 S COLLEGE Avenue
University Park
Tempe, AZ
Updated September 18 at 5:58am UTC
4 Bedrooms
$1,695
1227 E Henry Street
East Rio
Tempe, AZ
Updated September 20 at 12:56pm UTC
4 Bedrooms
$1,599
696 W MINTON Drive
Baseline Hardy
Tempe, AZ
Updated September 20 at 12:50am UTC
4 Bedrooms
$2,598
607 E DIAMOND Drive
Tempe
Tempe, AZ
Updated September 20 at 12:48am UTC
4 Bedrooms
$1,875
1282 E Curry Rd
East Rio
Tempe, AZ
Updated September 19 at 12:34pm UTC
3 Bedrooms
$2,500
1008 S MARIANA Street
Tempe
Tempe, AZ
Updated September 21 at 2:37am UTC
Studio
$795
917 W Julie Dr
Pepperwood
Tempe, AZ
Updated September 19 at 12:36pm UTC
3 Bedrooms
$1,300

September 2018 Tempe Rent Report

Welcome to the September 2018 Tempe Rent Report. Tempe rents increased 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 Tempe Rent Report
Rent Report
Tempe

September 2018 Tempe Rent Report

Welcome to the September 2018 Tempe Rent Report. Tempe rents increased 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 increased significantly over the past month

Tempe rents have increased 0.4% over the past month, and are up moderately by 2.7% in comparison to the same time last year. Currently, median rents in Tempe stand at $930 for a one-bedroom apartment and $1,160 for a two-bedroom. This is the ninth straight month that the city has seen rent increases after a decline in November of last year. Tempe's year-over-year rent growth leads the state average of 2.2%, as well as the national average of 1.0%.

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 $1,430; however, the city has also seen rents fall by 0.6% over the past month, the biggest drop in the metro.
  • Chandler has seen the fastest rent growth in the metro, with a year-over-year increase of 4.5%. The median two-bedroom there costs $1,350, while one-bedrooms go for $1,090.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,050; rents increased 0.3% over the past month and 2.5% over the past year.

Tempe rents more affordable than many large cities nationwide

As rents have increased moderately in Tempe, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. 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 2.2% over the past year. For example, rents have grown by 1.5% in Tucson.
  • Tempe's median two-bedroom rent of $1,160 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 2.7% rise in Tempe.
  • While Tempe's rents rose moderately over the past year, the city of Seattle saw a decrease of 2.4%.
  • Renters will find more reasonable prices in Tempe than most large cities. For example, San Francisco has a median 2BR rent of $3,100, 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 $840 $1,050 0.3% 2.5%
Mesa $860 $1,070 0.2% 2.2%
Chandler $1,090 $1,350 0.2% 4.5%
Glendale $900 $1,120 0.4% 3.2%
Scottsdale $1,040 $1,290 0.3% 2.2%
Gilbert $1,150 $1,430 -0.6% 4.4%
Tempe $930 $1,160 0.4% 2.7%
Peoria $1,120 $1,400 0.6% 4.1%
Surprise $1,090 $1,360 0.5% 2.1%
Avondale $980 $1,230 -0.4% 1.9%
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.