Cheap Apartments for Rent in the Alameda Neighborhood of Tempe, AZ from $600 (163 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Alameda area of Tempe.

property at 615 S Hardy Dr

615 S Hardy Dr

TempeAZ85281
Showing Results 1-50, Page 1 of 4

Alameda, Tempe, AZ Local Guide

Cheapest Available Alameda Apartments for Rent

 

The cheapest available apartment rental in the Alameda area of Tempe, AZ is a Studio unit found at The Link Apartments priced from $799. Sentry Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $826. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
The Link ApartmentsStudioStudio,1BA$799
Sentry TempeKonaStudio,1BA$826
Tides on UniversityA1Studio,1BA$860
University Pointe ApartmentsStudioStudio,1BA$898
Vue Nineteen 01One Bedroom - UTILITIES INCLUDED1BR,1BA$910
Grandes CortesStudioStudio,1BA$949
San Jose ManorStudioStudio,1BA$949
WaterstoneStudio S1-380Studio,1BA$950
MadEry ApartmentsBartlett1BR,1BA$999

Best Value Apartments for Rent in Alameda, AZ

As of April 12, 2025 the best value apartment in the Alameda area is the $0.59 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $1,099. The second greatest value Alameda apartment is the H Model at Central on Broadway starting at $1,648 with a $1.47 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.59
Central on BroadwayH3BR,2BA$1.47
Lakeview at the BaySan Marcos2BR,2BA$1.49
Butterfield ParkTwo Bedroom Two Bathroom2BR,2BA$1.40
Nine20 TempeB12BR,2BA$1.39
Sycamore Square Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.51
MadEry ApartmentsSaguaro2BR,1BA$1.41
Hayden Terrace2x1 Remodeled2BR,1BA$1.47
Gateway at Tempe2x2 L Renovated2BR,2BA$1.36
Station 21 Apartment HomesA11BR,1BA$1.50

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Alameda, Tempe, AZ

Ranked #1

Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Alameda, Tempe, AZ

School data provided by Great Schools

Lifestyle Ratings

This website is proud to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States, including Tempe. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Alameda Neighborhood in Tempe, AZ

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Alameda Apartments

What is a cheap apartment in Alameda?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alameda is under $999.

What is the price of a cheap apartment in Alameda?

The cheapest apartment in Alameda is The Link Apartments which is listed at $899, while the average apartment in Alameda costs $2,165.

What types of apartments are the cheapest in Alameda?

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 285 regular apartments in Alameda 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 Alameda?

Cheap apartments in Alameda have an average cost of $649 which is $1,516 cheaper than the average rent for all rentals in Alameda.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.