Cheap Homes for Rent in South Tempe Neighborhood of Tempe, AZ from $700 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the South Tempe area of Tempe.

property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044
property at 9605 S 48th St

9605 S 48th St

PhoenixAZ85044

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.

Read Article
property at 5411 S Judd St

5411 S Judd St

TempeAZ85283
property at 1006 E Diamond Dr

1006 E Diamond Dr

TempeAZ85283

Phoenix's Best Affordable Neighborhoods

Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

Read Article
Showing Results 1-27, Page 1 of 1

South Tempe, Tempe, AZ Local Guide

Cheapest Available South Tempe Apartments for Rent

 

The cheapest available apartment rental in the South Tempe area of Tempe, AZ is a Studio unit found at The Mod at Mills priced from $898. The Molino Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here are the most affordable South Tempe apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
The Mod at MillsS1Studio,1BA$898
The Molino ApartmentsStudio 315sqftStudio,1BA$899
Omnia BaselineA1P1BR,1BA$1,045
505 WestRillito1BR,1BA$1,060
Mission SpringsPatagonia1BR,1BA$1,075
FinisterraEstrella1BR,1BA$1,103
The Pointe at South Mountain1 Bedroom 1 Bathroom D1BR,1BA$1,155
StradaA11BR,1BA$1,199
Mercury on MillReef - 2bed 1bath2BR,1BA$1,199
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1,199

Best Value Apartments for Rent in South Tempe, AZ

As of April 24, 2025 the best value apartment in the South Tempe area is the $1.50 price per square foot Colorado Model at 505 West in the in the South Phoenix neighborhood starting from $1,795. The second greatest value South Tempe apartment is the B2 - Bougainvilla Model at Lumiere Chandler starting at $1,775 with a $1.60 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for South Tempe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
505 WestColorado3BR,2BA$1.50
Lumiere ChandlerB2 - Bougainvilla2BR,2BA$1.60
Rockledge FairwaysAugusta2BR,2BA$1.38
San PalmasA21BR,1BA$1.58
Lakeview at the BaySan Marcos2BR,2BA$1.49
San PalmillaOne Bedroom/One Bath1BR,1BA$1.60
Hohokam VillasPapago1BR,1BA$1.65
Sierra FoothillsAgave1BR,1BA$1.66
La Estancia Apartment Homes1x11BR,1BA$1.66
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1.46

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South Tempe

What type of rentals are currently available in South Tempe?

There are currently 77 Apartments for Rent in South Tempe, AZ with pricing that ranges from $898 to $9,684. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Tempe ranging from $750 to $10,500.

What is the current price range for Rental Homes in South Tempe?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Tempe ranges from $750 to $10,500 with an average monthly rent of $2,860.

How much are larger Three and Four Bedroom Rentals in South Tempe?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Tempe range from $1,603 to $9,684, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,495. Four Bedroom Single-Family rentals are also available starting from $2,299 and Four Bedroom Apartments start at $2,728.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.