Apartments for Rent in the Downtown Tempe Neighborhood of Tempe, AZ Under $1,500 (138 Rentals)

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Downtown Tempe, 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 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 117 Studio Apartments in Downtown Tempe with rent ranges from $899 to $3,237 with an average price of $1,577.

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 $950 to $4,672 with an average monthly rent of $1,771.

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 $5,375. Today's average rental price for Two Bedrooms here is $2,188.

How expensive are Downtown Tempe Three Bedroom Apartments?

There are currently 89 Three Bedroom Apartments listings available in Downtown Tempe on ApartmentHomeLiving.com. The pricing ranges from $840 to $6,549 - averaging $2,432 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.

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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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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.