Cheap Apartments for Rent in the The Lakes Neighborhood of Tempe, AZ from $800 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The Lakes area of Tempe.

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The Lakes, Tempe, AZ Local Guide

Cheapest Available The Lakes Apartments for Rent

 

The cheapest available apartment rental in the The Lakes area of Tempe, AZ is a Studio unit found at Sentry Tempe priced from $929. Avana Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $986. Here are the most affordable The Lakes apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
Sentry TempeKonaStudio,1BA$929
Avana TempeStudio - SophisticatedStudio,1BA$986
Tempe Park PlaceHorizon1BR,1BA$1,020
Eastridge ApartmentsStudioStudio,1BA$1,065
505 WestRillito1BR,1BA$1,115

Best Value Apartments for Rent in The Lakes, AZ

As of April 07, 2025 the best value apartment in the The Lakes area is the $1.52 price per square foot Palm - Renovated Lakeview Model at Nines at Lakeside in the in the South Phoenix neighborhood starting from $2,025. The second greatest value The Lakes apartment is the Colorado Model at 505 West starting at $1,890 with a $1.58 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for The Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nines at LakesidePalm - Renovated Lakeview3BR,2BA$1.52
505 WestColorado3BR,2BA$1.58
The Enclave Apartment HomesB12BR,2BA$1.77
Lakeview at the BaySan Marcos2BR,2BA$1.49
San PalmillaOne Bedroom/One Bath1BR,1BA$1.68
The Lennox at Tempe2x2 R2BR,2BA$1.74
La Estancia Apartment Homes1x11BR,1BA$1.66
Sofia ApartmentsThe Bronte (2x1)2BR,1BA$1.58
909 WestThe Havasu - Premium Plus1BR,1BA$1.82
Tempe Park PlaceHorizon1BR,1BA$1.62

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Pet Friendly Lifestyle
The Lakes, Tempe, AZ

Ranked #38

Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
The Lakes, Tempe, AZ

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for Central Tempe. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the The Lakes Neighborhood in Tempe, AZ

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

40 / 100

Some Transit

A few 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 Cheap The Lakes Apartments

What is the Cheapest Studio apartment in The Lakes?

Currently the most affordable Cheap Studio Apartment in The Lakes is at Avana Tempe listed at $939.

How much is rent for a Cheap One Bedroom The Lakes Apartment?

The lowest price for a Cheap One Bedroom The Lakes Apartment is $927 at Sentry Tempe.

What is the lowest price for a Cheap Two Bedroom The Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in The Lakes is starting from $1,175 at Sono Tempe.

What is the most affordable The Lakes Three Bedroom Apartment?

The best deal on a cheap The Lakes Three Bedroom Apartment rental is at 505 West and starts from $1,875.

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.

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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.

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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.

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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.