Cheap Homes for Rent in 525 Town Lake Neighborhood of Tempe, AZ from $700 (14 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 1234 W 4th St

1234 W 4th St

TempeAZ85281

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property at 1228 W 4th St

1228 W 4th St

TempeAZ85281
property at 616 S Hardy Dr

616 S Hardy Dr

TempeAZ85281

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

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 1 Bed unit found at Axio Apartments priced from $900. Grandes Cortes has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable 525 Town Lake apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
Axio Apartments1x11BR,1BA$900
Grandes CortesStudioStudio,1BA$949
Parq on 5thStudioStudio,1BA$974
Lyndon LaneOne Bed One Bath1BR,1BA$975
Riverside ApartmentsStudioStudio,1BA$978

Best Value Apartments for Rent in 525 Town Lake, AZ

As of May 15, 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 Two Bed Two Bath Model at Salado Springs starting at $1,700 with a $1.87 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
Salado SpringsTwo Bed Two Bath2BR,2BA$1.87
1245 W 4th St, Unit 11245 W 4th St2BR,1BA$2.08
Roosevelt Park2 Bedroom 2 Bath2BR,2BA$2.06
McKemy at Tempe Town Lake2x12BR,1BA$2.07
West 5th1BR/1.0BA1BR,1BA$2.15
Westmount at Downtown TempeSunrise Diamond1BR,1BA$2.17
Solaris On UniversityP1 -1 x 11BR,1BA$1.87
Axio Apartments1x11BR,1BA$1.73
Furnished 1 bed / 1 bath in a 4 bedroom1 bedroom1 bath4BR,4BA$1.99

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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 164 Apartments for Rent in 525 Town Lake, AZ with pricing that ranges from $899 to $14,000. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in 525 Town Lake ranging from $750 to $5,500.

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 $750 to $5,500 with an average monthly rent of $2,168.

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 $1,850 to $3,795. Four Bedroom Single-Family rentals are also available starting from $2,000 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.

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A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ

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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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.