close
View Me
Cheap Apartments for Rent in the University Park Neighborhood of Tempe, AZ from $800 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Tempe.
close
View Me
Rent Specials
from $948Studio to 2 Bedroom Apartments Available Now
Paseo on University
1255 E University DrTempe, AZ 85281
close
View Me
Rent Specials
from $977Studio to 2 Bedroom Apartments Available Now
Parq on 5th
805 W Brown StTempe, AZ 85281
close
View Me
Rent Specials
from $999Studio to 2 Bedroom Apartments Available Now
University Pointe Apartments
919 E Lemon StTempe, AZ 85281
close
View Me
Rent Specials
from $999Studio Apartments Contact Us For Availability
University Valley Apartments
1115 E Lemon StTempe, AZ 85281
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $1,2151 to 3 Bedroom Apartments Available Now
IMT Desert Palm Village
1215 E Vista Del Cerro DrTempe, AZ 85281
close
View Me
close
View Me
Rent Specials
from $1,2501 to 3 Bedroom Apartments Available Now
Westmount at Downtown Tempe
615 S Hardy DrTempe, AZ 85281
close
View Me
Rent Specials
from $1,3002 Bedroom Apartments Contact Us For Availability
Sago Gardens
1015 S Stanley PlTempe, AZ 85281
close
View Me
from $1,344Studio to 2 Bedroom Apartments Available Now
Array on Apache
1100 E Apache BlvdTempe, AZ 85281
close
View Me
close
View Me
Rent Specials
from $1,371Studio to 1 Bedroom Apartments Available Now
Dwell @ 5th and Farmer
464 S Farmer AveTempe, AZ 85281
close
View Me
close
View Me
Rent Specials
from $1,4501 to 2 Bedroom Apartments Available Now
Tempe Terrace
1130 E Orange StTempe, AZ 85281
close
View Me
Rent Specials
from $1,461Studio to 3 Bedroom Apartments Available Now
Volta on Broadway
1221 E Broadway RdTempe, AZ 85282
close
View Me
Rent Specials
from $1,4751 to 2 Bedroom Apartments Available Feb 28
The Heights on Lemon
1224 E Lemon StTempe, AZ 85281
close
View Me
close
View Me
from $1,514Studio to 3 Bedroom Apartments Available Now
NOVO Broadway Apartments
711 W Broadway RdTempe, AZ 85282
close
View Me
Rent Specials
from $1,519Studio to 3 Bedroom Apartments Available Now
Nexa
1205-1221 E Apache BlvdTempe, AZ 85281
close
View Me
Rent Specials
from $1,565Studio to 2 Bedroom Apartments Available Now
Vero
651 E 6th StTempe, AZ 85281
close
View Me
Rent Specials
from $1,569Studio to 4 Bedroom Apartments Available Now
West 6th
115 W 6th StTempe, AZ 85281
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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 | $1,596 | $999 | $2,922 |
| University Park 1 Bedroom Apartments | $1,828 | $899 | $3,400 |
| University Park 2 Bedroom Apartments | $2,214 | $1,150 | $4,950 |
| University Park 3 Bedroom Apartments | $2,253 | $1,149 | $5,782 |
| University Park 4 Bedroom Apartments | $1,425 | $999 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 67 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
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Park Apartments for Rent
The cheapest available apartment rental in the University Park area of Phoenix, AZ is a 1 Bed unit found at Paseo on University priced from $948. Suite 16 has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable University Park apartments for rent in Phoenix, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paseo on University | 1 Bedroom | 1BR,1BA | $948 |
| Suite 16 | Studio | Studio,1BA | $950 |
| Parq on 5th | A1 | 1BR,1BA | $977 |
| University Pointe Apartments | Studio | Studio,1BA | $999 |
| Cortez Palms Apartments | Studio | Studio,1BA | $999 |
| George Ann | 1 Bedroom | 1BR,1BA | $999 |
| Studio 710 Apartments | Small Studio Deluxe | Studio,1BA | $1,020 |
| Beautiful Renovations One and Two Bedrooms | 1x1 not renovated | 1BR,1BA | $1,050 |
| Riviera Palms | One Bedroom | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in University Park, AZ
As of February 13, 2025 the best value apartment in the University Park area is the $1.72 price per square foot 2x2.5 Standard Garage Model at Roosevelt Luxury Townhomes in the in the Downtown Tempe neighborhood starting from $2,700. The second greatest value University Park 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 Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roosevelt Luxury Townhomes | 2x2.5 Standard Garage | 2BR,2.5BA | $1.72 |
| Stanley Place Apartments | Two Bed Two Bath Plus Den | 2BR,2BA | $1.56 |
| The Brentwood | 2BR/2.0BA | 2BR,2BA | $1.71 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.31 |
| Nine20 Tempe | B1 | 2BR,2BA | $1.55 |
| Sago Gardens | Single Story | 2BR,1BA | $1.54 |
| University Park | Two Bedroom Two Bathroom | 2BR,2BA | $1.70 |
| Beautiful Renovations One and Two Bedrooms | 2x1 -25 | 2BR,1BA | $1.59 |
| IMT Desert Palm Village | 1A | 1BR,1BA | $1.69 |
| 530 W Howe St, Unit 530 | 530 W Howe St | 1BR,1BA | $1.50 |
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.
Let everyone know!
Do you know the University Park area?
If you’re an expert on all things University Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleUniversity Park, Tempe, AZ
Ranked #30
Among neighborhoods in Tempe, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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
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 the Cheapest Studio apartment in University Park?
Currently the most affordable Cheap Studio Apartment in University Park is at Suite 16 listed at $950.
How much is rent for a Cheap One Bedroom University Park Apartment?
The lowest price for a Cheap One Bedroom University Park Apartment is $948 at Paseo on University.
What is the lowest price for a Cheap Two Bedroom University Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $1,150 at Parq on 5th.
What is the most affordable University Park Three Bedroom Apartment?
The best deal on a cheap University Park 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).
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.