102 Houses for rent in Tempe, AZ

Last updated July 20 at 2:24am UTC
1818 E PALMCROFT Drive
Palmcroft Manor
Tempe, AZ
Updated July 20 at 2:24am UTC
5 Bedrooms
$2,650
1703 E LAGUNA Drive
Tempe
Tempe, AZ
Updated July 20 at 2:23am UTC
3 Bedrooms
$1,525
1106 E WEBER Drive
North Tempe-Indian Bend
Tempe, AZ
Updated July 20 at 2:22am UTC
3 Bedrooms
$3,200
1839 E STEPHENS Drive
Oasis at Anozira
Tempe, AZ
Updated July 20 at 2:20am UTC
4 Bedrooms
$2,650
8858 S TAYLOR Drive
Alta Mira
Tempe, AZ
Updated July 20 at 2:19am UTC
2 Bedrooms
$3,000
1613 E VAUGHN Street
Tempe
Tempe, AZ
Updated July 20 at 2:19am UTC
2 Bedrooms
$3,000
550 W 19TH Street
Clark Park
Tempe, AZ
Updated July 19 at 10:25am UTC
3 Bedrooms
$1,900
3319 S LOS FELIZ Drive
Tempe
Tempe, AZ
Updated July 19 at 10:25am UTC
4 Bedrooms
$2,495
1885 E ALAMEDA Drive
McClintock
Tempe, AZ
Updated July 19 at 10:25am UTC
4 Bedrooms
$2,350
1620 S HARDY Drive
Holdeman
Tempe, AZ
Updated July 19 at 10:25am UTC
3 Bedrooms
$1,795
1109 S MAPLE Avenue
Maple Ash
Tempe, AZ
Updated July 19 at 10:25am UTC
3 Bedrooms
$2,300
4416 S Park Drive
Tempe South Mountain
Tempe, AZ
Updated July 19 at 10:25am UTC
4 Bedrooms
$1,395
2063 E ASPEN Drive
Santo Tomas
Tempe, AZ
Updated July 19 at 10:23am UTC
3 Bedrooms
$1,600
516 W. Brown St.
Riverside
Tempe, AZ
Updated July 19 at 9:48am UTC
5 Bedrooms
$2,425
1246 E Barbara Drive
North Tempe-Indian Bend
Tempe, AZ
Updated July 19 at 9:48am UTC
3 Bedrooms
$1,475
1237 E. La Jolla Drive
Southern Palms
Tempe, AZ
Updated July 19 at 9:46am UTC
3 Bedrooms
$1,895
1350 W 14th St
Holdeman
Tempe, AZ
Updated July 19 at 9:42am UTC
3 Bedrooms
$1,800
1205 S BUTTE Avenue
University Heights
Tempe, AZ
Updated July 19 at 6:15am UTC
4 Bedrooms
$2,450
5630 S. Admiralty Ct. #C
The Lakes
Tempe, AZ
Updated July 18 at 10:18am UTC
2 Bedrooms
$1,200
123 W 10TH Street
Maple Ash
Tempe, AZ
Updated July 18 at 9:50am UTC
2 Bedrooms
$1,795
1719 S EL CAMINO Drive
Daley Park
Tempe, AZ
Updated July 18 at 9:50am UTC
2 Bedrooms
$1,645
2436 E McArthur Drive
Escalante
Tempe, AZ
Updated July 18 at 3:02am UTC
3 Bedrooms
$1,395
1630 E REDFIELD Road
Tempe
Tempe, AZ
Updated July 18 at 3:02am UTC
3 Bedrooms
$1,550
906 S LOLA Lane
Tempe
Tempe, AZ
Updated July 18 at 2:20pm UTC
3 Bedrooms
$1,595

July 2018 Tempe Rent Report

Welcome to the July 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

July 2018 Tempe Rent Report

Welcome to the July 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 0.5% over the past month, and have increased moderately by 2.4% in comparison to the same time last year. Currently, median rents in Tempe stand at $920 for a one-bedroom apartment and $1,150 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in November of last year. Tempe's year-over-year rent growth is on par with the state average of 2.4%, but exceeds 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 $1,450; the city has also seen rent growth of 7.0% over the past year, the fastest in the metro.
  • Over the past month, Surprise is the only city in the metro that has seen rents fall, with a decline of 0.8%. Median two-bedrooms there cost $1,330, while one-bedrooms go for $1,070.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,040; rents grew 0.3% over the past month and 2.3% 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 2.4% over the past year. For example, rents have grown by 1.7% in Tucson.
  • Tempe's median two-bedroom rent of $1,150 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 2.4% increase in Tempe.
  • While Tempe's rents rose moderately over the past year, the city of Seattle saw a decrease of 2.0%.
  • Renters will find more reasonable prices in Tempe than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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 $1,040 0.3% 2.3%
Mesa $860 $1,070 0.3% 2.2%
Chandler $1,080 $1,350 0.8% 6.1%
Glendale $890 $1,120 0.2% 2.6%
Scottsdale $1,030 $1,290 0.2% 2.1%
Gilbert $1,160 $1,450 1.4% 7.0%
Tempe $920 $1,150 0.5% 2.4%
Peoria $1,110 $1,390 0.5% 3.4%
Surprise $1,070 $1,330 -0.8% 0.2%
Avondale $990 $1,230 0.5% 2.2%
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.