Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ Under $1,200 (67 Rentals)

Riverside Apartments

Onnix Apartments

MadEry Apartments

Willow Creek

Grandes Cortes

Park Place Tempe

University Pointe Apartments

Paseo on University

The District on Apache

Ascent on Spence

Eastridge Apartments

Lofts on 8th | Student Housing

Furnished 1 bed / 1 bath in a 4 bedroom ap...

Solaris On University

Emerson Square

Studio 710 Apartments

La Paloma Apartments
Downtown Tempe, Tempe, AZ Local Guide

How much does it cost to rent an apartment in Downtown Tempe?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Tempe Studio Apartments | $1,584 | $699 | $4,087 |
Downtown Tempe 1 Bedroom Apartments | $1,806 | $910 | $4,883 |
Downtown Tempe 2 Bedroom Apartments | $2,207 | $950 | $5,808 |
Downtown Tempe 3 Bedroom Apartments | $2,246 | $840 | $7,498 |
Downtown Tempe 4 Bedroom Apartments | $1,376 | $650 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 67 rentals with your search options within a 2 mile radius of the Downtown Tempe Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Downtown Tempe, Tempe, AZ Local Guide
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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.
Getting Around the Downtown Tempe Neighborhood in Tempe, AZ
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
63 / 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 Downtown Tempe
How much are Studio apartments in Downtown Tempe?
There are currently 131 Studio Apartments in Downtown Tempe with rent ranges from $699 to $4,087 with an average price of $1,584.
What is the current price range for One Bedroom Downtown Tempe Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Tempe ranges from $910 to $4,883 with an average monthly rent of $1,806.
What does renting a Two Bedroom Apartment in Downtown Tempe cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Tempe range from $950 to $5,808. Today's average rental price for Two Bedrooms here is $2,207.
How expensive are Downtown Tempe Three Bedroom Apartments?
There are currently 100 Three Bedroom Apartments listings available in Downtown Tempe on ApartmentHomeLiving.com. The pricing ranges from $840 to $7,498 - averaging $2,246 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.

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).

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.

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.

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.