Cheap Loft Style Apartments for Rent in Tempe, AZ from $600 (10 Rentals)

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Apartments in Tempe with high ceilings and cool urban vibes.

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

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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Tempe, AZ Local Guide

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.

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Getting Around Tempe, AZ

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

46 / 100

Some Transit

A few 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 Tempe Apartments

What is the Cheapest Studio apartment in Tempe?

Currently the most affordable Cheap Studio Apartment in Tempe is at Vista Village on Van Buren listed at $699.

How much is rent for a Cheap One Bedroom Tempe Apartment?

The lowest price for a Cheap One Bedroom Tempe Apartment is $860 at Valencia Park.

What is the lowest price for a Cheap Two Bedroom Tempe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Tempe is starting from $899 at Vista Village on Van Buren.

What is the most affordable Tempe Three Bedroom Apartment?

The best deal on a cheap Tempe Three Bedroom Apartment rental is at The Link and starts from $1,475.

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

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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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.