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Cheap Apartments for Rent in the Riverside Neighborhood of Tempe, AZ from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverside area of Tempe.
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Rent Specials
from $943Studio to 2 Bedroom Apartments Available Now
Parq on 5th
805 W Brown 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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from $1,0591 to 2 Bedroom Apartments Available Now
Solaris On University
1314 W University DrTempe, AZ 85281
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from $1,076Studio to 2 Bedroom Apartments Available Now
Riverside Apartments
625 W 1st StTempe, AZ 85281
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from $1,2501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
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from $1,371Studio to 1 Bedroom Apartments Available Now
Dwell @ 5th and Farmer
426 W 5th StTempe, AZ 85281
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from $1,312Studio to 3 Bedroom Apartments Available Now
The Aubrey
1003 W Washington StTempe, AZ 85288
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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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from $1,500Studio to 3 Bedroom Apartments Available Now
Skywater at Tempe Town Lake
601 W Rio Salado PkyTempe, AZ 85281
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Showing Results 1-40, 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 | $1,580 | $825 | $2,805 |
| Riverside 1 Bedroom Apartments | $1,870 | $975 | $3,400 |
| Riverside 2 Bedroom Apartments | $2,564 | $1,099 | $5,375 |
| Riverside 3 Bedroom Apartments | $3,275 | $1,225 | $5,782 |
| Riverside 4 Bedroom Apartments | $3,715 | $1,125 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 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
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Riverside Apartments for Rent
The cheapest available apartment rental in the Riverside area of Phoenix, AZ is a Studio unit found at Grandes Cortes priced from $949. Parq on 5th has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable Riverside apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grandes Cortes | Studio | Studio,1BA | $949 |
| Parq on 5th | A1 | 1BR,1BA | $985 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,040 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1,059 |
| Westmount at Downtown Tempe | Sunset Classic | 2BR,1BA | $1,250 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1,299 |
| Riverside Apartments | 2x2 | 2BR,2BA | $1,333 |
| Dwell @ 5th and Farmer | Roadrunner | Studio,1BA | $1,371 |
Best Value Apartments for Rent in Riverside, AZ
As of February 21, 2025 the best value apartment in the Riverside area is the $1.59 price per square foot Three Bedroom Three Bathroom Model at Dolce Villagio Townhomes in the in the Downtown Tempe neighborhood starting from $2,700. The second greatest value Riverside apartment is the 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes starting at $2,700 with a $1.72 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. |
|---|---|---|---|
| Dolce Villagio Townhomes | Three Bedroom Three Bathroom | 3BR,3BA | $1.59 |
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.42 |
| Salado Springs | Two Bed Two Bath | 2BR,2BA | $1.79 |
| Riverside Apartments | 2x2 | 2BR,2BA | $1.57 |
| Tremezzo on the Lake | B1R | 2BR,1BA | $2.12 |
| West 5th | 1BR/1.0BA | 1BR,1BA | $2.15 |
| 1234 W 4th St, Unit 3 | 1234 W 4th St | 1BR,1BA | $2.00 |
| Westmount at Downtown Tempe | Sunrise Diamond | 1BR,1BA | $2.17 |
| Solaris On University | S1 -1 x 1 | 1BR,1BA | $1.96 |
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Pet Friendly LifestyleRiverside, Tempe, AZ
Ranked #40
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 the Cheapest Studio apartment in Riverside?
Currently the most affordable Cheap Studio Apartment in Riverside is at Grandes Cortes listed at $949.
How much is rent for a Cheap One Bedroom Riverside Apartment?
The lowest price for a Cheap One Bedroom Riverside Apartment is $985 at Parq on 5th.
What is the lowest price for a Cheap Two Bedroom Riverside Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Riverside is starting from $1,099 at Parq on 5th.
What is the most affordable Riverside Three Bedroom Apartment?
The best deal on a cheap Riverside Three Bedroom Apartment rental is at Westmount at Downtown Tempe and starts from $1,825.
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).
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.
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.
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.