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Cheap Apartments for Rent in Tempe, AZ - 165 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the price of a cheap apartment in Tempe, AZ?

The price range of a cheap apartment is between $505 and $3,564. Find cheap apartments in Tempe, AZ.

How many cheap rentals are available in Tempe, AZ on RENTCafé?

There are 100 cheap rentals available on RENTCafé. Prices and availability in Tempe, AZ were last updated on 21 Jun 2021.

What is the average size of a cheap apartment in Tempe, AZ?

The average Tempe, AZ cheap apartment size is 677 sq. ft.

What are the advantages of renting a cheap apartment in Tempe, AZ?

Cheap apartments in Tempe, AZ are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Tempe, AZ?

A cheap apartment in Tempe, AZ offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Tempe, AZ.

Tempe, AZ Demographics

  • Total Population187,454
  • Female 98,361
    Male 89,093
  • Median Age29.5

Average Rent in Tempe, AZ

  • Tempe, AZ Average Rental Price, May 2021 $1,566 /mo

    Tempe, AZ Apartment Rent Ranges

    • $701-$1,0006%
    • $1,001-$1,50055%
    • $1,501-$2,00024%
    • > $2,00015%

    Tempe, AZ Rent Trends

    Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 May / 2021
    Tempe, AZ $1,260 $1,293 $1,306 $1,339 $1,378 $1,433 $1,431 $1,441 $1,485 $1,538 $1,566
    National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407 $1,428
    /

    Check out the average rent prices in Tempe by neighborhood.

    Tempe, AZ Households

    • Total Number of Households73,032
    • Family 35,024
      Non-family 38,008
    • Children 14,708
      No Children 58,324
    • Average People Per Household2.42
    • Median Household Income$57,994
    • Median Housing Costs Per Month$1,155

    Tempe, AZ Education Statistics

    • No High School2%
    • Some High School22%
    • Some College26%
    • Associate Degree7%
    • Bachelor Degree26%
    • Graduate Degree16%

    Looking for a cheap apartment for rent in Tempe, AZ? With RENTCafé, finding an affordable apartment in Tempe, AZ has never been easier. We feature 165 low-priced rentals directly from property managers, with rents lower than the Tempe, AZ average. What is a cheap rent in Tempe, AZ? The average apartment rent in Tempe is $1,566 per month so any rental south of $1,253 would be considered cheap here. On RENTCafé, Tempe, AZ rents go as low as $505/mo.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!