New Apartments for Rent in Tempe, AZ Under $1,500 (39 Rentals)

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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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Atmosphere
Built in 2021Studio to 4 Bedroom Apartments

Atmosphere

707 S Forest AveTempe, AZ 85281
Student Housing
Utilities inc.
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Aces on Apache
Built in 2023Studio to 1 Bedroom Apartments

Aces on Apache

1620 E Apache BlvdTempe, AZ 85281
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Valor on Eighth
Built in 20181 to 3 Bedroom Apartments

Valor on Eighth

1001 E 8th StTempe, AZ 85281
Utilities inc.
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The Bradford
Built in 20184 Bedroom Apartments

The Bradford

1037 S Farmer AveTempe, AZ 85281
Student Housing
Utilities inc.
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Banyan on Washington
Built in 20231 to 3 Bedroom Apartments

Banyan on Washington

5353 E Washington StPhoenix, AZ 85034
Utilities inc.
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Jefferson Chandler
Built in 2017Studio to 3 Bedroom Apartments

Jefferson Chandler

3950 W Chandler BlvdChandler, AZ 85226
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 New Tempe Apartments

What is the Cheapest New apartment in Tempe?

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

How much is the average rent for a New Tempe Apartment?

The average rent for a New Apartment in Tempe is $2,387.

What is the largest New Tempe Apartment for rent?

Today's New apartment with the most square footage in Tempe is a 2,344 square feet unit starting from $2,449 at Roosevelt Luxury Townhomes.

What is the average size for Tempe New Apartments for rent?

The average size for a New rental in Tempe is currently at 626 sq ft.

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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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.

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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.