Luxury Apartments for Rent in Tempe, AZ(113 Rentals)

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154 E 5th St
$3,4001 Bedroom, 1 Bath Home for RentAvailable Now

154 E 5th St

Tempe, AZ 85281
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707 S Farmer Ave
$2,541Studio, 1 Bath Home for RentAvailable Jan 6, 2025

707 S Farmer Ave

Tempe, AZ 85281
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Farmer Avenue Lofts
from $3,5003 Bedroom Apartments

Farmer Avenue Lofts

352-398 S Farmer AveTempe, AZ 85281
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The Greenhouse
Rent Specials
from $1,4951 to 3 Bedroom Apartments

The Greenhouse

950 S Terrace RdTempe, AZ 85281
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Agave
from $1,199Studio to 3 Bedroom Apartments Available Now

Agave

1718 S Jentilly LnTempe, AZ 85281
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Tempe, AZ Local Guide

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Written By:
Staff Writer
Local Guide Expert

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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Tempe Overview

Tempe, Arizona is in the heart of the Phoenix metro valley and has been experiencing exciting growth in recent years. Abundant sunshine, outdoor activities, a lively restaurant and entertainment scene, burgeoning tech economy, proximity to Arizona State University and moderate cost of living all make Tempe a desirable place to live.

Why live in Tempe, AZ?

Tempe is a vibrant city that is home to one of the largest U.S. universities and offers something for everyone - from sports fans to outdoor enthusiasts to foodies and life-long learners. The city embodies a resilient and progressive spirit and is quickly attracting new residents, businesses and amenities. Choosing to live in a Tempe apartment also has the added benefit of being located close to the cities of Phoenix, Scottsdale and Mesa.

Tempe, AZ
Population: 192,364

Ranked #130

in US Census Population by City

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Pet Friendly Lifestyle
Tempe, AZ

Ranked #3

Among cities in Arizona for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Tempe, AZ Rentals by Map

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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

Frequently Asked Questions about Tempe

How much are Studio apartments in Tempe?

There are currently 138 Studio Apartments in Tempe with rent ranges from $699 to $3,512 with an average price of $1,537.

What is the current price range for One Bedroom Tempe Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Tempe ranges from $868 to $9,419 with an average monthly rent of $1,732.

What does renting a Two Bedroom Apartment in Tempe cost?

The monthly rent prices of Two Bedroom Apartments currently available in Tempe range from $990 to $11,062. Today's average rental price for Two Bedrooms here is $2,059.

How expensive are Tempe Three Bedroom Apartments?

There are currently 180 Three Bedroom Apartments listings available in Tempe on ApartmentHomeLiving.com. The pricing ranges from $875 to $14,459 - averaging $2,646 for the location.

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 Signing Your Apartment Lease: The Basics article

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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.