Cheap New Apartments for Rent in Tempe, AZ from $600 (39 Rentals)

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Cheap Apartments in Tempe.

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Nexa
Rent Specials
from $1,374Built in 2017Studio to 3 Bedroom Apartments Available Now

Nexa

1205-1221 E Apache BlvdTempe, AZ 85281
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Valor on Eighth
Built in 20181 to 3 Bedroom Apartments

Valor on Eighth

1001 E 8th StTempe, AZ 85281
  • Utilities Included

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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1620 E Apache Blvd
Built in 2023Studio to 1 Bedroom Apartments

1620 E Apache Blvd

1620 E Apache BlvdTempe, AZ 85281
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Granada Lakes
Built in 20202 Bedroom Apartments

Granada Lakes

5701 S Rural RdTempe, AZ 85283
  • Utilities Included

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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Jefferson Chandler
Built in 2017Studio to 3 Bedroom Apartments

Jefferson Chandler

3950 W Chandler BlvdChandler, AZ 85226
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The Quinn
Built in 2025Studio to 1 Bedroom Apartments

The Quinn

5121 E La Puente AvePhoenix, AZ 85044
  • Utilities Included
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Carter
Built in 2017Studio to 2 Bedroom Apartments

Carter

3300 N Scottsdale RdScottsdale, AZ 85251
Showing Results 1-39, Page 1 of 1

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 a cheap apartment in Tempe?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Tempe is under $935.

What is the price of a cheap apartment in Tempe?

The cheapest apartment in Tempe is Valencia Park which is listed at $805, while the average apartment in Tempe costs $2,886.

What types of apartments are the cheapest in Tempe?

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 468 regular apartments in Tempe 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 Tempe?

Cheap apartments in Tempe have an average cost of $522 which is $2,364 cheaper than the average rent for all rentals in Tempe.

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

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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

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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.