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Cheap Apartments for Rent in the Riverside Neighborhood of Tempe, AZ from $700 (34 Rentals)
Cheap Apartments in the Riverside area of Tempe.
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from $909Studio to 2 Bedroom Apartments Available Now
Riverside Apartments
625 W 1st StTempe, AZ 85281
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from $949Studio to 1 Bedroom Apartments Available Now
Grandes Cortes
1150 W University DrTempe, AZ 85281
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600 S Roosevelt St
TempeAZ85281
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from $1,0001 to 2 Bedroom Apartments Available Now
Axio Apartments
740 W University DrTempe, AZ 85281
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from $1,0191 to 2 Bedroom Apartments Available Now
Solaris On University
1314 W University DrTempe, AZ 85281
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from $1,030Studio Apartments Available Now
Studio 710 Apartments
710 S Hardy DrTempe, AZ 85281
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from $1,1501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
700 W University Dr
TempeAZ85281
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Rent Specials
from $1,271Studio to 1 Bedroom Apartments Contact Us For Availability
Dwell @ 5th and Farmer
426 W 5th StTempe, AZ 85281
615 S Hardy Dr
TempeAZ85281
1033 N Parkside Dr
TempeAZ85288
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from $1,335Studio to 3 Bedroom Apartments Available Now
The Aubrey
1003 W Washington StTempe, AZ 85288
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from $1,4501 to 2 Bedroom Apartments Available Now
Roosevelt Park
210-220 S Roosevelt StTempe, AZ 85281
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from $1,475Studio to 2 Bedroom Apartments Available Now
Trovita Rio
701 W Rio Salado PkyTempe, AZ 85281
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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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Showing Results 1-34, Page 1 of 1
Riverside, Tempe, AZ Local Guide
How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverside Studio Apartments | $1,477 | $899 | $2,890 |
| Riverside 1 Bedroom Apartments | $1,843 | $975 | $3,220 |
| Riverside 2 Bedroom Apartments | $2,380 | $1,100 | $4,950 |
| Riverside 3 Bedroom Apartments | $3,090 | $1,095 | $5,782 |
| Riverside 4 Bedroom Apartments | $3,466 | $1,045 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Riverside Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
Riverside, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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Cheapest Available Riverside Apartments for Rent
The cheapest available apartment rental in the Riverside area of Phoenix, AZ is a Studio unit found at Margo priced from $899. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $909. Here are the most affordable Riverside apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Margo | Studio | Studio,1BA | $899 |
| Riverside Apartments | Studio | Studio,1BA | $909 |
| Grandes Cortes | Studio | Studio,1BA | $949 |
| Lyndon Lane | One Bed One Bath | 1BR,1BA | $975 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,000 |
| Solaris On University | P1 -1 x 1 | 1BR,1BA | $1,029 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,040 |
| Westmount at Downtown Tempe | Sunset Classic | 2BR,1BA | $1,250 |
| Parq on 5th | A1 | 1BR,1BA | $1,266 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1,299 |
Best Value Apartments for Rent in Riverside, AZ
As of May 04, 2025 the best value apartment in the Riverside area is the $1.72 price per square foot 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,700. The second greatest value Riverside apartment is the Two Bedrooms Model at SALT starting at $2,547 with a $2.08 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| SALT | Two Bedrooms | 2BR,2BA | $2.08 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.42 |
| McKemy at Tempe Town Lake | 2x1 | 2BR,1BA | $2.07 |
| Tremezzo on the Lake | B1R | 2BR,1BA | $1.98 |
| Roosevelt Park | 1 Bedroom 1 Bath | 1BR,1BA | $2.07 |
| West 5th | 1BR/1.0BA | 1BR,1BA | $2.15 |
| Solaris On University | P1 -1 x 1 | 1BR,1BA | $1.87 |
| Axio Apartments | 1x1 | 1BR,1BA | $1.92 |
| Furnished 1 bed / 1 bath in a 4 bedroom | 1 bedroom1 bath | 4BR,4BA | $1.99 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRiverside, Tempe, AZ
Ranked #45
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Riverside Apartments
What is a cheap apartment in Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $1,299.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Lyndon Lane which is listed at $975, while the average apartment in Riverside costs $3,329.
What types of apartments are the cheapest in Riverside?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 34 regular apartments in Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Riverside?
Cheap apartments in Riverside have an average cost of $1,031 which is $2,298 cheaper than the average rent for all rentals in Riverside.
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).
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.