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Apartments for Rent in Tempe, AZ

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Average rent in Tempe, Arizona

The average rent for a 1 bedroom apartment in Tempe is $1,509+, while the average rent for a 2 bedroom apartment is $1,738+. Rent rates updated 8 days ago
Studio
$1,408+
Prices trending down
1 Bed
$1,509+
Prices trending down
2 Beds
$1,738+
Prices trending down
3+ Beds
$2,337+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods

Top neighborhoods in Tempe, AZ

  • Map of Downtown Tempe

    Downtown Tempe

    What's it like to live in Downtown Tempe?

    Urban energy with collegiate spirit defines Downtown Tempe, where this distinctive district borders Arizona State University with vibrant street life and modern development. Rental options include luxury high-rises and purpose-built student apartments with amenities targeting both professionals and academic residents. While the neighborhood offers exceptional walkability to restaurants, shopping, and Tempe Town Lake recreation, the university influence creates significant seasonal fluctuations affecting both availability and noise levels. Most suitable for students, faculty, and young professionals who value urban energy and walkable amenities who don't mind higher noise levels during academic year events and weekend entertainment.

    Great for

    • Young Professionals
    • Tech Workers
    • Nightlife Enthusiasts
    • Commuters
    • Investors

    Neighborhood vibe

    • Urban
    • Bustling
    • Walkable
    View 6 listings
  • Map of Riverside

    Riverside

    What's it like to live in Riverside?

    Salt River recreational access defines Riverside, where Tempe's northern neighborhood borders expansive parks creating outdoor lifestyle possibilities unusual for urban settings. The district features both modest homes and garden apartments with generous layouts reflecting Arizona's traditional indoor-outdoor living orientation. Riverside offers Tempe renters strategic positioning between both downtown Tempe employment and developing Scottsdale Road entertainment districts creating ideal convenience for active households prioritizing both professional requirements and lifestyle preferences increasingly important as flexible work arrangements continue affecting housing decisions beyond purely commuting calculations reflecting growing prioritization of recreational access beyond purely practical considerations driving conventional housing decisions.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial
    View 17 listings
  • Map of Holdeman

    Holdeman

    What's it like to live in Holdeman?

    University accessibility defines Holdeman, where this established Tempe neighborhood offers more affordable alternatives to campus-adjacent districts while maintaining similar Arizona State University proximity. The district features modest mid-century homes and garden-style apartments with surprisingly generous outdoor spaces capitalizing on Arizona's year-round outdoor living possibilities. Holdeman provides Tempe renters with ideal positioning between both university resources and light rail access creating car-optional living possibilities increasingly valued as transportation costs continue affecting overall housing affordability calculations beyond purely rental rate considerations requiring comprehensive expense evaluations increasingly important as educational costs continue affecting student budgeting beyond purely housing calculations.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial
    View 8 listings

Find more rentals by

Amenities
  • Tempe Apartments with Garages (105)
  • Tempe Apartments with Gyms (88)
  • Tempe Apartments with Pools (216)
  • Tempe Apartments with Washer-Dryers (240)
  • Tempe Furnished Apartments (21)
  • Tempe Luxury Apartments (293)
  • Tempe Pet Friendly Apartments (271)
Bedrooms
  • 1 Bedroom Apartments in Tempe (91)
  • Studio Apartments in Tempe (41)
Price
  • Tempe Apartments with Move-in Specials (72)
  • Tempe Cheap Apartments (61)
Neighborhoods
  • Riverside (17)
  • Downtown Tempe (6)
  • Holdeman (8)
  • Sunset (6)
  • Meyer Park (7)
  • Gililland (5)
  • University Heights (4)
  • Palmcroft Manor (5)

Frequently Asked Questions (FAQs)

Tempe Rent Report: April 2026

Welcome to the Apartment List April 2026 Rent Report for Tempe, AZ. Currently, the overall median rent in the city stands at $1,295, roughly the same as last month. Prices remain down 3.8% year-over-year. Read on to learn more about what’s been happening in the Tempe rental market and how it compares to trends throughout the broader Phoenix metro area and the nation as a whole.

Tempe Renter Confidence Survey

National study of renter’s satisfaction with their cities and states

Here’s how Tempe ranks on:


Overview of Findings

Apartment List has released Tempe’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.

"Tempe renters expressed general satisfaction with the city overall," according to Apartment List. "They gave most categories above average scores."

Key findings in Tempe include the following:

  • Tempe renters gave their city an A- overall.
  • The highest-rated categories were recreational activities (A+), jobs and career opportunities (A), public transit (A) and social life (A).
  • The areas of concern to Tempe renters are safety and crime rate, state and local taxes, quality of local schools and affordability, which all received B grades.
  • Millennial renters are moderately satisfied with their city, giving it an overall rating of B.
  • Tempe did relatively well compared to other cities in Arizona, including Phoenix (B-), Tucson (D) and Mesa (C+).
  • Tempe did relatively well compared to similar cities nationwide, including Portland, OR (B), Los Angeles, CA (C+) and New York, NY (C+).
  • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

Renters say:

  • "I love the cost of living in Tempe and how close it is to all the shopping I need. I wish it was closer to Phoenix, where a lot of the jobs are." – Laura H.
  • "Tempe is full of young people with energy and positive mental attitudes. Shopping is good. But buses are scarce and a lot of landlords take advantage of the student population with high rent and poor maintenance." – Margo S.
  • "I love that it’s busy but not overwhelming." – Alexandra M.
  • "It’s a little too hot in the summer, but the weather is great the rest of the year. Public transportation is excellent with a free bus system and a light rail that extends through most of the city." – Walter J.

For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

View our national survey results.
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