Cheap Homes for Rent in University Heights Neighborhood of Tempe, AZ from $700 (10 Rentals)

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

property at 931 S Casitas Dr

931 S Casitas Dr

TempeAZ85281

University Heights, Tempe, AZ Local Guide

Cheapest Available University Heights Apartments for Rent

 

The cheapest available apartment rental in the University Heights area of Phoenix, AZ is a Studio unit found at University Pointe Apartments priced from $898. Vue Nineteen 01 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable University Heights apartments for rent in Phoenix, AZ:

Apartment ListingModel NameBed/BathPriced From
University Pointe ApartmentsStudioStudio,1BA$898
Vue Nineteen 01One Bedroom - UTILITIES INCLUDED1BR,1BA$910
La Paloma ApartmentsStudioStudio,1BA$975

Best Value Apartments for Rent in University Heights, AZ

As of March 23, 2025 the best value apartment in the University Heights area is the $0.59 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $1,099. The second greatest value University Heights apartment is the Two Bed Two Bath Plus Den Model at Stanley Place Apartments starting at $1,850 with a $1.56 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for University Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.59
Stanley Place ApartmentsTwo Bed Two Bath Plus Den2BR,2BA$1.56
Nine20 TempeB12BR,2BA$1.48
The Heights on Lemon2 Bedrooms, 1 Bath2BR,1BA$1.47
Emerson Park2 Bed 1 Bath2BR,1BA$1.59
Hayden Terrace2x12BR,1BA$1.47
Gateway at Tempe2x2 L Renovated2BR,2BA$1.36
Cape Cod ApartmentsOne Bedroom1BR,1BA$1.60
Murietta at ASUOne Bed One Bath - A11BR,1BA$1.60
Butterfield ParkOne Bedroom One Bathroom1BR,1BA$1.41

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Frequently Asked Questions about University Heights

What type of rentals are currently available in University Heights?

There are currently 158 Apartments for Rent in University Heights, AZ with pricing that ranges from $650 to $13,255. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Heights ranging from $750 to $3,300.

What is the current price range for Rental Homes in University Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University Heights ranges from $750 to $3,300 with an average monthly rent of $2,030.

How much are larger Three and Four Bedroom Rentals in University Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University Heights range from $840 to $6,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,750. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $650.

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 A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ article

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).

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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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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.

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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.