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from $898Studio to 2 Bedroom Apartments Available Now
University Pointe Apartments
919 E Lemon StTempe, AZ 85281
Cheap Apartments for Rent in the University Park Neighborhood of Tempe, AZ from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Tempe.
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from $1,123Studio to 2 Bedroom Apartments Available Now
Paseo on University
1255 E University DrTempe, AZ 85281
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from $1,1501 Bedroom Apartment Available Apr 18
1418 S Stanley Pl, Unit 3
1418 S Stanley PlTempe, AZ 85281
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Contact Us For PricingStudio to 3 Bedroom Apartments Available Now
Agave
1718 S Jentilly LnTempe, AZ 85281
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from $1,2501 to 3 Bedroom Apartments Available Now
IMT Desert Palm Village
1215 E Vista Del Cerro DrTempe, 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
700 W University Dr
TempeAZ85281
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from $1,271Studio to 1 Bedroom Apartments Available Now
Dwell @ 5th and Farmer
426 W 5th StTempe, AZ 85281
615 S Hardy Dr
TempeAZ85281
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from $1,3002 Bedroom Apartments Contact Us For Availability
Sago Gardens
1015 S Stanley PlTempe, AZ 85281
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from $1,344Studio to 2 Bedroom Apartments Available Now
Array on Apache
1100 E Apache BlvdTempe, AZ 85281
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from $1,3491 to 2 Bedroom Apartments Available Now
The Heights on Lemon
1224 E Lemon StTempe, AZ 85281
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from $1,374Studio to 3 Bedroom Apartments Available Now
Nexa
1205-1221 E Apache BlvdTempe, AZ 85281
510 W University Dr
TempeAZ85281
2309 S College Ave
TempeAZ85282
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from $1,433Studio to 3 Bedroom Apartments Available Now
Volta on Broadway
1221 E Broadway RdTempe, AZ 85282
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from $1,4501 to 2 Bedroom Apartments Available Now
Tempe Terrace
1130 E Orange StTempe, AZ 85281
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University Park, Tempe, AZ Local Guide
How much does it cost to rent an apartment in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park Studio Apartments | $1,554 | $898 | $2,778 |
| University Park 1 Bedroom Apartments | $1,842 | $999 | $2,998 |
| University Park 2 Bedroom Apartments | $2,242 | $1,139 | $4,950 |
| University Park 3 Bedroom Apartments | $2,299 | $1,069 | $5,782 |
| University Park 4 Bedroom Apartments | $1,489 | $799 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 1 mile radius of the University Park Neighborhood of Tempe, AZ.
See all Apartments in TempeExplore Tempe
University Park, Tempe, AZ Local Guide
- Nearby Tempe neighborhoods
- Nearby Cities
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Cheapest Available University Park Apartments for Rent
The cheapest available apartment rental in the University Park area of Phoenix, AZ is a Studio unit found at University Pointe Apartments priced from $898. Studio 710 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,020. Here are the most affordable University Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Pointe Apartments | Studio | Studio,1BA | $898 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,020 |
| Axio Apartments | 1x1 | 1BR,1BA | $1,100 |
| Paseo on University | Studio | Studio,1BA | $1,123 |
| University Valley Apartments | Private Studio: Fall 2025 PRE-Lease APPLY NOW! ... | Studio,1BA | $1,150 |
| Beautiful Renovations One and Two Bedrooms | 2x1 -25 | 2BR,1BA | $1,195 |
| Canvas | DTH2 | 4BR,4BA | $1,224 |
| IMT Desert Palm Village | 1A | 1BR,1BA | $1,250 |
| The Vintage on College | 1x1 Remodeled W/D | 1BR,1BA | $1,250 |
| Westmount at Downtown Tempe | Sunset Classic | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in University Park, AZ
As of April 16, 2025 the best value apartment in the University Park area is the $1.67 price per square foot 3 Bedroom 3.5 Bath Model at The Place On Jentilly in the in the Downtown Tempe neighborhood starting from $2,750. The second greatest value University Park 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 University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Place On Jentilly | 3 Bedroom 3.5 Bath | 3BR,3.5BA | $1.67 |
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| Agave | Saguaro | 3BR,2BA | $1.41 |
| The Brentwood | 2BR/2.0BA | 2BR,2BA | $1.81 |
| Nine20 Tempe | B1 | 2BR,2BA | $1.39 |
| The Heights on Lemon | 2 Bedrooms, 1 Bath | 2BR,1BA | $1.59 |
| The Rockford | 2BR/2.0BA | 2BR,2BA | $1.88 |
| Riviera Palms | Two Bedroom | 2BR,1BA | $1.87 |
| Beautiful Renovations One and Two Bedrooms | 2x1 -25 | 2BR,1BA | $1.58 |
| IMT Desert Palm Village | 1A | 1BR,1BA | $1.69 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleUniversity Park, Tempe, AZ
Ranked #29
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in University Park, Tempe, AZ
McKemy Academy of International Studies
Tempe School District
Public School - Grades 6-8 (334)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap University Park Apartments
What is a cheap apartment in University Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,250.
What is the price of a cheap apartment in University Park?
The cheapest apartment in University Park is University Pointe Apartments which is listed at $999, while the average apartment in University Park costs $1,950.
What types of apartments are the cheapest in University Park?
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 185 regular apartments in University Park 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 University Park?
Cheap apartments in University Park have an average cost of $755 which is $1,195 cheaper than the average rent for all rentals in University Park.
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.
Know Your Rights - How Discrimination Laws Impact Landlords & 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.
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.