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Cheap Apartments for Rent in the 525 Town Lake Neighborhood of Tempe, AZ from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the 525 Town Lake area of Tempe.
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from $942Studio to 2 Bedroom Apartments Available Now
Riverside Apartments
625 W 1st StTempe, AZ 85281
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from $949Studio to 1 Bedroom Apartments Available Now
Grandes Cortes
1150 W University DrTempe, AZ 85281
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from $975Studio to 2 Bedroom Apartments Available Now
Lyndon Lane
1548 W University DrTempe, AZ 85281
600 S Roosevelt St
TempeAZ85281
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from $1,0001 to 2 Bedroom Apartments Available Now
Axio Apartments
740 W University DrTempe, AZ 85281
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from $1,0191 to 2 Bedroom Apartments Available Now
Solaris On University
1314 W University DrTempe, AZ 85281
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from $1,040Studio Apartments Available Now
Studio 710 Apartments
710 S Hardy DrTempe, AZ 85281
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from $1,1501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
700 W University Dr
TempeAZ85281
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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from $1,271Studio to 1 Bedroom Apartments Available Now
Dwell @ 5th and Farmer
426 W 5th StTempe, AZ 85281
615 S Hardy Dr
TempeAZ85281
1033 N Parkside Dr
TempeAZ85288
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from $1,362Studio to 3 Bedroom Apartments Available Now
The Aubrey
1003 W Washington StTempe, AZ 85288
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from $1,4501 to 2 Bedroom Apartments Available Now
Roosevelt Park
210-220 S Roosevelt StTempe, AZ 85281
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from $1,500Studio to 2 Bedroom Apartments Available Now
Trovita Rio
701 W Rio Salado PkyTempe, AZ 85281
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from $1,500Studio to 3 Bedroom Apartments Available Now
Skywater at Tempe Town Lake
601 W Rio Salado PkyTempe, AZ 85281
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett
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from $1,5502 Bedroom Apartments Available Now
McKemy at Tempe Town Lake
109 S McKemy StTempe, AZ 85281
1200 W University Dr
TempeAZ85281
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from $1,642Studio to 3 Bedroom Apartments Available Now
SALT
260 E Rio Salado PkyTempe, AZ 85281
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from $1,6501 to 2 Bedroom Apartments Contact Us For Availability
Residences on Farmer
615 S Farmer AveTempe, AZ 85281
420 W 1st St
TempeAZ85281
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Showing Results 1-44, Page 1 of 1
525 Town Lake, Tempe, AZ Local Guide
How much does it cost to rent an apartment in 525 Town Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 525 Town Lake Studio Apartments | $1,489 | $899 | $2,805 |
| 525 Town Lake 1 Bedroom Apartments | $1,834 | $975 | $3,275 |
| 525 Town Lake 2 Bedroom Apartments | $2,393 | $1,100 | $4,950 |
| 525 Town Lake 3 Bedroom Apartments | $3,070 | $1,095 | $5,810 |
| 525 Town Lake 4 Bedroom Apartments | $3,466 | $1,045 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 1 mile radius of the 525 Town Lake Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
525 Town Lake, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
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Cheapest Available 525 Town Lake Apartments for Rent
The cheapest available apartment rental in the 525 Town Lake area of Phoenix, AZ is a Studio unit found at Margo priced from $899. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $942. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Margo | Studio | Studio,1BA | $899 |
| Riverside Apartments | Studio | Studio,1BA | $942 |
| Grandes Cortes | Studio | Studio,1BA | $949 |
| Lyndon Lane | One Bed One Bath | 1BR,1BA | $975 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,000 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1,019 |
| Studio 710 Apartments | Small Studio- Upgraded | Studio,1BA | $1,040 |
| Westmount at Downtown Tempe | Sunset Classic | 2BR,1BA | $1,250 |
| Parq on 5th | A1 | 1BR,1BA | $1,267 |
| Dwell @ 5th and Farmer | Roadrunner | Studio,1BA | $1,271 |
Best Value Apartments for Rent in 525 Town Lake, AZ
As of April 26, 2025 the best value apartment in the 525 Town Lake area is the $1.72 price per square foot 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,700. The second greatest value 525 Town Lake apartment is the Studio Model at SALT starting at $1,642 with a $2.12 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for 525 Town Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| SALT | Studio | Studio ,1BA | $2.12 |
| McKemy at Tempe Town Lake | 2x1 | 2BR,1BA | $2.07 |
| Roosevelt Park | 1 Bedroom 1 Bath | 1BR,1BA | $2.07 |
| West 5th | 1BR/1.0BA | 1BR,1BA | $2.15 |
| Westmount at Downtown Tempe | Sunrise Diamond | 1BR,1BA | $2.17 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1.89 |
| Axio Apartments | 1x1 | 1BR,1BA | $1.92 |
| Furnished 1 bed / 1 bath in a 4 bedroom | 1 bedroom1 bath | 4BR,4BA | $1.99 |
| Margo | Studio | Studio ,1BA | $2.25 |
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Pet Friendly Lifestyle525 Town Lake, Tempe, AZ
Ranked #39
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Arizona, including Tempe. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap 525 Town Lake Apartments
What is a cheap apartment in 525 Town Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in 525 Town Lake is under $1,271.
What is the price of a cheap apartment in 525 Town Lake?
The cheapest apartment in 525 Town Lake is Lyndon Lane which is listed at $975, while the average apartment in 525 Town Lake costs $3,474.
What types of apartments are the cheapest in 525 Town Lake?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 34 regular apartments in 525 Town Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in 525 Town Lake?
Cheap apartments in 525 Town Lake have an average cost of $1,034 which is $2,440 cheaper than the average rent for all rentals in 525 Town Lake.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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).
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.