close
View Me
Rent Specials
from $898Studio to 1 Bedroom Apartments Available Now
The Mod at Mills
5300 S Priest DrTempe, AZ 85283
Cheap Apartments for Rent in the Peterson Park Neighborhood of Tempe, AZ from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peterson Park area of Tempe.
close
View Me
close
View Me
close
View Me
Rent Specials
from $9351 to 3 Bedroom Apartments Available Now
Tides at Park View
1235 W Baseline RdTempe, AZ 85283
close
View Me
Rent Specials
from $949Studio to 1 Bedroom Apartments Available Now
Grandes Cortes
1150 W University DrTempe, AZ 85281
close
View Me
close
View Me
Rent Specials
from $976Studio to 2 Bedroom Apartments Available Now
Avana Tempe
30 W Carter DrTempe, AZ 85282
close
View Me
close
View Me
Rent Specials
from $9991 to 2 Bedroom Apartments Available Now
Mercury on Mill
5101 S Mill AveTempe, AZ 85282
close
View Me
close
View Me
from $1,0591 to 2 Bedroom Apartments Available Now
Solaris On University
1314 W University DrTempe, AZ 85281
close
View Me
close
View Me
Rent Specials
from $1,125Studio to 2 Bedroom Apartments Available Now
Omnia Baseline
1145 W Baseline RdTempe, AZ 85283
close
View Me
close
View Me
Rent Specials
from $1,1451 to 3 Bedroom Apartments Available Now
The Halston
1330 W Broadway RdTempe, AZ 85282
close
View Me
close
View Me
close
View Me
close
View Me
from $1,217Studio to 2 Bedroom Apartments Available Now
1311 W Baseline Rd
1311 W Baseline RdTempe, AZ 85283
close
View Me
from $1,2641 to 3 Bedroom Apartments Available Now
Villagio Furnished
1133 W Baseline RdTempe, AZ 85283
close
View Me
close
View Me
Rent Specials
from $1,2951 to 2 Bedroom Apartments Available Now
Ponderosa Ranch
4839 S Darrow DrTempe, AZ 85282
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $9111 to 3 Bedroom Apartments Available Now
Avana Cordoba
4520 E Baseline RdPhoenix, AZ 85042
Showing Results 1-34, Page 1 of 1
Peterson Park, Tempe, AZ Local Guide
How much does it cost to rent an apartment in Peterson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterson Park Studio Apartments | $1,435 | $898 | $2,676 |
| Peterson Park 1 Bedroom Apartments | $1,525 | $899 | $4,514 |
| Peterson Park 2 Bedroom Apartments | $1,951 | $1,099 | $10,000+ |
| Peterson Park 3 Bedroom Apartments | $2,691 | $1,225 | $9,440 |
| Peterson Park 4 Bedroom Apartments | $2,640 | $1,100 | $5,560 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Peterson Park Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Peterson Park, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Peterson Park Apartments for Rent
The cheapest available apartment rental in the Peterson Park area of Phoenix, AZ is a Studio unit found at The Mod at Mills priced from $898. Tides at Park View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Peterson Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mod at Mills | S1 | Studio,1BA | $898 |
| Tides at Park View | A1 | 1BR,1BA | $935 |
| Grandes Cortes | Studio | Studio,1BA | $949 |
| Lyndon Lane | One Bed One Bath | 1BR,1BA | $975 |
| Sentry Tempe | Reef | 1BR,1BA | $993 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $999 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,020 |
| Avana Tempe | Studio - Sophisticated | Studio,1BA | $1,051 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1,059 |
Best Value Apartments for Rent in Peterson Park, AZ
As of February 13, 2025 the best value apartment in the Peterson Park area is the $1.70 price per square foot Two Bedroom/Two Bath Model at San Palmilla in the in the South Phoenix neighborhood starting from $2,020. The second greatest value Peterson Park apartment is the Two Bedroom/Two Bath Model at San Paseo starting at $1,890 with a $1.61 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Peterson Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| San Palmilla | Two Bedroom/Two Bath | 2BR,2BA | $1.70 |
| San Paseo | Two Bedroom/Two Bath | 2BR,2BA | $1.61 |
| Omnia Baseline | C2GR | 2BR,2BA | $1.58 |
| Sono Tempe | Draper | 2BR,2BA | $1.31 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.31 |
| The Halston | B2 | 2BR,1.5BA | $1.70 |
| Tides at Park View | B1 | 2BR,1BA | $1.55 |
| 505 West | Rillito | 1BR,1BA | $1.67 |
| Mercury on Mill | Kona - 1bed 1bath | 1BR,1BA | $1.57 |
| 530 W Howe St, Unit 530 | 530 W Howe St | 1BR,1BA | $1.50 |
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.
Let everyone know!
Do you know the Peterson Park area?
If you’re an expert on all things Peterson Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestylePeterson Park, Tempe, AZ
Ranked #29
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Peterson Park, Tempe, AZ
School data provided by Great Schools
Best Local Schools in Peterson Park, Tempe, AZ
School data provided by Great Schools
Frequently Asked Questions about Cheap Peterson Park Apartments
What is the Cheapest Studio apartment in Peterson Park?
Currently the most affordable Cheap Studio Apartment in Peterson Park is at The Mod at Mills listed at $898.
How much is rent for a Cheap One Bedroom Peterson Park Apartment?
The lowest price for a Cheap One Bedroom Peterson Park Apartment is $935 at Tides at Park View.
What is the lowest price for a Cheap Two Bedroom Peterson Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peterson Park is starting from $1,099 at Mercury on Mill.
What is the most affordable Peterson Park Three Bedroom Apartment?
The best deal on a cheap Peterson Park Three Bedroom Apartment rental is at Galleria Palms and starts from $1,837.
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).
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.
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.
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.