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3 Bedroom Apartments for Rent in Tempe, AZ - 29 Rentals available

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Tempe, AZ Demographics

  • Total Population169,816
  • Female 89,320
    Male 80,496
  • Median Age28.2

Average Rent in Tempe, AZ

  • Tempe, AZ Average Rental Price, January 2019$1,305/mo

Tempe, AZ Apartment Rent Ranges

  • $701-$1,00031%
  • $1,001-$1,50048%
  • $1,501-$2,00012%
  • > $2,0008%

Tempe, AZ Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Tempe, AZ $1,115 $1,159 $1,189 $1,198 $1,222 $1,232 $1,257 $1,258 $1,305
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Tempe, AZ Households

  • Total Number of Households64,810
  • Family 31,089
    Non-family 33,721
  • Children 14,066
    No Children 50,744
  • Average People Per Household2.46
  • Median Household Income$49,012
  • Median Housing Costs Per Month$990

Tempe, AZ Education Statistics

  • No High School2%
  • Some High School22%
  • Some College35%
  • Associate Degree7%
  • Bachelor Degree22%
  • Graduate Degree12%

Renting a 3 bedroom apartment in Tempe, AZ

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,106 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Tempe, AZ, rents on 3 bedroom apartments go up to $3,786. 17 rental properties offer 3 bedroom units in Tempe, AZ to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Tempe, AZ

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $425 in Tempe, AZ, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Shalimar or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.