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Studio Apartments for Rent in Tempe, AZ - 28 Rentals available

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Tempe, AZ Demographics

  • Total Population178,339
  • Female 94,065
    Male 84,274
  • Median Age28.8

Average Rent in Tempe, AZ

  • Tempe, AZ Average Rental Price, December 2019 $1,435 /mo

    Tempe, AZ Apartment Rent Ranges

    • $701-$1,00015%
    • $1,001-$1,50054%
    • $1,501-$2,00020%
    • > $2,00010%

    Tempe, AZ Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Dec / 2019
    Tempe, AZ $1,191 $1,199 $1,223 $1,233 $1,260 $1,293 $1,306 $1,339 $1,378 $1,433 $1,435
    National $1,354 $1,350 $1,382 $1,385 $1,388 $1,423 $1,431 $1,434 $1,469 $1,473 $1,474
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    Average rent is projected to grow by 8% in 2019 compared to 2018.

    Please note that projected rent growth is calculated at city level.

    Check out the average rent prices in Tempe by neighborhood.

    Tempe, AZ Households

    • Total Number of Households68,795
    • Family 32,909
      Non-family 35,886
    • Children 14,240
      No Children 54,555
    • Average People Per Household2.44
    • Median Household Income$51,829
    • Median Housing Costs Per Month$1,058

    Tempe, AZ Education Statistics

    • No High School2%
    • Some High School25%
    • Some College25%
    • Associate Degree7%
    • Bachelor Degree25%
    • Graduate Degree14%

    Renting a studio apartment in Tempe, AZ

    Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in Tempe, AZ is 824 Sqft, which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $800, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide. Now you have 32 small apartments are in Tempe, AZ to choose from that will help you make a decision, with an average rent of $1,439.

    The perks of renting an efficiency apartment

    They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in Tempe, AZ, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 18 listings in Tempe, AZ and we promise you won’t be disappointed.

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