Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $800 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the 525 Town Lake area of Tempe.

property at 616 S Hardy Dr

616 S Hardy Dr

TempeAZ85281

525 Town Lake, Tempe, AZ Local Guide

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 Grandes Cortes priced from $949. Lyndon Lane has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Grandes CortesStudioStudio,1BA$949
Lyndon LaneOne Bed One Bath1BR,1BA$975
Studio 710 ApartmentsSmall Studio DeluxeStudio,1BA$1,000

Best Value Apartments for Rent in 525 Town Lake, AZ

As of March 28, 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 One Bedroom Model at SALT starting at $1,951 with a $2.03 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roosevelt Luxury Townhomes2x2.5 Standard Garage2BR,2.5BA$1.72
SALTOne Bedroom1BR,1BA$2.03
Lakeside Drive ApartmentsB12BR,2BA$2.06
McKemy at Tempe Town Lake2x12BR,1BA$2.07
Tremezzo on the LakeB1R2BR,1BA$2.12
Roosevelt Park1 Bedroom 1 Bath1BR,1BA$2.07
West 5th1BR/1.0BA1BR,1BA$2.15
1234 W 4th St, Unit 31234 W 4th St1BR,1BA$2.00
Solaris On UniversityP1 -1 x 11BR,1BA$1.93
Furnished 1 bed / 1 bath in a 4 bedroom ap...1 bedroom1 bath4BR,4BA$2.10

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Frequently Asked Questions about 525 Town Lake

What type of rentals are currently available in 525 Town Lake?

There are currently 165 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $949 to $14,000. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $895 to $4,400.

What is the current price range for Rental Homes in 525 Town Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in 525 Town Lake ranges from $895 to $4,400 with an average monthly rent of $2,527.

How much are larger Three and Four Bedroom Rentals in 525 Town Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in 525 Town Lake range from $1,095 to $5,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,045.

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.

decorative image for A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.