$473,486Average Value$396Average Price per Sq Ft57Homes For Sale
Tempe grows up around university campus
Downtown Tempe has seen explosive growth since the 19th century, now ranking as the ninth-largest city in Arizona by population. University Drive and Mill Avenue intersect to form a crossroads at the community’s center, around Arizona State University’s campus. “ASU is the biggest draw for Downtown Tempe,” says associate broker Theresa Jones of Weirick Jones Group. “There are lots of rental properties available to students.” Downtown Tempe is known for its student population, but this is one of many demographics. “Downtown Tempe has all ages,” says former resident and Broker Joshua Carlson of Gentry Real Estate. “You still have retirees and some people that have lived here since the '60s because they love that young vibe.” Major employers such as Honeywell and Carvana offer potential career paths. Commuters can take Downtown Tempe’s public transportation to and from work, stopping at a locally owned restaurant or one of the city’s half -dozen parks to end the work week. Community events such as the Tempe Festival of the Arts bring people together.
Valley Art Harkins Theatre in Downtown Tempe plays blockbusters as well as independent films.
ASU's vibrant campus in Downtown Tempe fuels intellectual curiosity.
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Parks emphasize a variety of activities, and a mountain is a short drive away
Residents of Downtown Tempe can get outdoors to enjoy the waterfront and landlocked parks alike. Tempe Town Lake, an artificial reservoir, offers flood protection and makes for a great weekend afternoon with its walking paths and boating areas. Folks can rent canoes or ride scooters at Tempe Beach Park. The park has one of the best views for cyclists, who can bike along the bridge from one shore to the other. “A” Mountain, named for the giant “A” embedded into the mountainside, is a popular hiking area. The highest point provides a panoramic view of ASU’s campus. Although it sounds like the kind of destination that requires a short drive, the mountain is actually on the north side of town and immediately south of the river.
Embrace wellness and vitality in the heart of Downtown Tempe.
Those wanting something to do indoors aren’t left out. Two significant institutions serve as landmarks showcasing Tempe’s artistic influence and culture. The first is the Tempe Center for the Arts, which has featured works from 2,500 local and national artists over the years and continues to offer free admission to its gallery. Aspiring professionals can showcase their talent in various ways through the center by displaying their work as one of 250 artists rotating annually or by giving talks and workshops. The second is the ASU Art Museum, another weekend favorite. Many of its seasonal exhibitions focus on cultural appreciation. Its featured collection of Latinx works contains contemporary art from the 1980s to the 2000s and historic Latin American prints.
Dining options are varied
Mill Avenue is a hub of entertainment and development. Hayden Station was recently renovated into The Arbor, an experimental office space emphasizing wellness. The local Valley Art Theater is a staple of Downtown Tempe entertainment with an attached restaurant, Mr. Mesquite Taqueria. The Low Key Piano Bar offers an equally chill evening. As the name suggests, live music is its forte, with pianists taking requests and “battling” one another. Folks can start their day at Snooze, a breakfast spot serving classics such as pancakes and eggs Benedict. Locals choose from a wide range of craft beers at Four Peaks Brewing Company for something more potent than coffee. Weekly groceries are available at the Whole Foods Market on University Drive.
Savor craft brews and great times at Four Peaks Brewing Company in Downtown Tempe.
Stroll down Mill Ave and immerse yourself in Downtown Tempe's charm.
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Spanish, Pueblo influences aren't hard to find
Downtown Tempe’s sun-baked, grid-like residential streets wrap around and exclude campus buildings. Single-family homes and apartments mix on streets wide enough for parking. Prospective buyers will find ranch-style homes with small front yards and single-car driveways. These sell between $330,000 and $650,000. Condo units are also available for buyers who want to live the mid-rise lifestyle. Smaller, two-story buildings with Pueblo and Spanish eclectic elements sell for between $220,000 and $450,000, while luxury, two-bed, high-rise units with views of Tempe's Salt River can reach $1 million or more. Off-campus housing rentals are ideal for ASU students, varying in price and style like their condominium counterparts.
Downtown Tempe's diverse homes cater to every lifestyle and taste.
Experience the allure of ranch-style living in the heart of Downtown Tempe.
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Light rail system gives commuters another option
Commuters deal with the typical downside to city living. “Traffic is brutal, and it’s been brutal forever, mostly because ASU is so big and still expanding,” Carlson says. Metro Valley Rail is an option with a light-rail system that stretches more than 25 miles, making nine stops in Tempe. “I do think Downtown Tempe is a great place to be if you’re OK with a young crowd,” says Carlson. “You’re two minutes from the airport, it’s a fantastic place to be.” Sky Harbor International Airport is 4 miles away, and it’s only another 4miles to Phoenix.
Alameda's proximity to major businesses creates excellent job opportunities for residents.
Experience seamless travel in Downtown Tempe with the light rail system.
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Local schools include a 75,000 student university
Students can attend the Cecil Shamley School for kindergarten through eighth grade. Niche gives the school a C-plus overall. Tempe High rounds out the list with a C-plus and various extracurriculars like a wrestling club and a mock trial club. About 75,000 students attend ASU, less than a mile away.
The expansive entrance of Laird Elementary School in North Tempe welcomes students daily.
Tempe High School has earned numerous academic, artistic, and athletic awards over the years.
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Crime in Downtown Tempe
Crime in Downtown Tempe is higher than the national average. According to the CAP Index’s predictive score algorithm, Downtown Tempe reaches an 8 on a 10-point scale. This is compared to the national average of a 4 out of 10.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Tempe neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Tempe
US
Homicide
7
4
Sexual Assault
7
4
Assault with Weapon
6
4
Robbery
5
4
Burglary
8
4
Motor Vehicle Theft
8
4
Larceny
6
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Downtown Tempe Demographics and Home Trends
On average, homes in Downtown Tempe, Tempe sell after 69 days on the market compared to the national average of 54 days. The median sale price for homes in Downtown Tempe, Tempe over the last 12 months is $452,500, down 7% from the median home sale price over the previous 12 months.
Ideally located in the heart of Tempe, 526 W 1st St, Suite 106 offers convenient urban living just steps from Tempe Town Lake and minutes from Mill Avenue, ASU and the light rail. The ground level features a flexible open space with access to the tandem two-car garage, ideal for a home office, studio or additional living area. The main floor offers hardwood flooring, an open living area and a
Gated, Tempe Condo with VIEWS, VIEWS VIEWS!! Stunning Urban Condo with all the upgrades. wood floors in the right places, stainless steel appliances, granite counter tops, custom backsplash and under mount lighting, and a two car tandem garage. Views from multiple patios include pool, Tempe Town Lake, Papago and Camelback Mountains. Close to ASU, Mill Ave, Freeways, Light Rail and Airport.
Experience modern urban living in the heart of Tempe with timeless Brownstone architecture and a walk-up front porch perfect for morning coffee or evening gatherings. This three-level residence offers a versatile first-floor flex space with full bath and closet, ideal as a guest suite, home office, or second bedroom. The main living level features soaring ceilings, abundant natural light,
2-bedroom, 2-bath condo on the 2nd floor near ASU! Features include new carpet, fresh interior paint, and a new hot water heater. Conveniently located near shopping, dining, and major freeways.
Welcome to Tempe—where lifestyle meets location.This light-filled condo serves up an open, airy layout with tall ceilings, clean tile flooring, crown molding, and a vibe that's equal parts chill and functional.The kitchen keeps it sleek with granite counters and backsplash, matching appliances, and plenty of cabinet space. The primary suite features a spacious ensuite with dual vanities and
Prime Tempe Opportunity & PRICED TO SELL! This 2 bed, 1 bath condo in Rio Salado Villas offers incredible potential for a lock-and-leave residence or as an investment property. Inside, the layout features an open living & dining area with tile flooring & a cozy fireplace, plus a functional kitchen with ample cabinetry. One bedroom includes a walk-in closet, while the full bath offers a dual
Here is a rare opportunity for any future urban dweller. This one of a kind loft offers 2 Bedrooms, 2 Bathrooms, (Or 1 Bedroom plus office) and 1,173 s.f. of space. Recently remodeled and boasting amazing views of the Downtown Tempe skyline and tons of SUNLIGHT from its operable 6th floor windows. Includes slate-style flooring, custom lighting and exposed concrete ceilings & columns. The Lofts at
This stylish loft at Orchidhouse features soaring 11-ft ceilings and abundant natural light from its third-floor windows. The gourmet kitchen includes a large island and ample cabinetry, ideal for cooking and entertaining. Custom low-voltage lighting and built-in cabinetry run throughout the loft, including a convenient Murphy bed.Currently configured as a spacious 1-bedroom, 2-bath, the
Conveniently located Townhouse in the heart of Tempe, gated community features; tandem 2 car garage, balconies are pool view orientation, 2 bed 2.5 bath with tile floors, laminated hardwood in the rest of the property. Surround sound and security systems are prewired, open kitchen with granite countertop, master bedroom. The property has been freshly painted, ready to be enjoyed. Excellent
Seize an exceptional opportunity to own a versatile 4-bedroom, 2-bath home w/ brand new AC UNIT, in a highly desirable location just minutes from Arizona State University—making it ideal for owner-occupants, student housing, or long-term rental income.A charming curb appeal welcomes you with a 2-car garage, fenced front yard with natural grass, and a fragrant citrus tree that adds a touch of
Location, Location, Location. Light, bright, and well-maintained 2BD/2BA condo with a private entrance from the unit's 1-car garage. The first level features a convenient laundry room just inside the garage entry. Upstairs, the spacious great room offers large windows and access to a private balcony, with custom shutters in the living room and primary bedroom. The kitchen includes abundant
Luxury waterfront condominium located along Tempe Town Lake with mountain and city views. This spacious residence features an open concept floor plan with floor-to-ceiling windows, abundant natural light, and a seamless flow for entertaining. The kitchen offers granite countertops, rich cabinetry, modern appliances, and a large center island. The primary suite includes a spa-style bathroom with
Welcome home to this beautifully updated retreat just minutes from Arizona State University, offering the perfect blend of comfort, style, and convenience. Step inside to a light, bright kitchen featuring gorgeous granite countertops, white cabinetry, and stainless steel appliances. The adjacent dining space opens through a French door to a large covered patio, creating the ideal setup for indoor
High Demand Investor Opportunity at Hayden Square, steps from ASU's Tempe campus. This 2-bed, 2-bath condo offers a proven rental location in the heart of Downtown Tempe, ideal for steady student, faculty demand or corporate use. Bright open layout with vaulted ceilings, fireplace, stainless steel appliances, in-unit laundry, updated baths, and private patio. Easy walk to Mill Ave, light rail,
A world of comfort and convenience is yours when you make Salado Springs your home. This spacious two-bedroom unit is Ideally situated near Mill Ave, ASU, Sky Harbor, and minutes from downtown Phoenix. We have excellent freeway access and located right off the Rio Salado Parkway. You'll be impressed with Salado Springs and happy to make this community your home. Our amenities provide our
Westmount at Downtown Tempe is where comfort and convenience come together effortlessly - just 15 minutes from Phoenix. Picture yourself enjoying thoughtful amenities and renovated interiors while enjoying a bikeable location. Whether it's quick commutes, breezy rides, or the vibrant energy of the surroundings, everything you need to feel inspired is right here. Life within our community is all
Westmount at Downtown Tempe is where comfort and convenience come together effortlessly - just 15 minutes from Phoenix. Picture yourself enjoying thoughtful amenities and renovated interiors while enjoying a bikeable location. Whether it's quick commutes, breezy rides, or the vibrant energy of the surroundings, everything you need to feel inspired is right here. Life within our community is all
Westmount at Downtown Tempe is where comfort and convenience come together effortlessly - just 15 minutes from Phoenix. Picture yourself enjoying thoughtful amenities and renovated interiors while enjoying a bikeable location. Whether it's quick commutes, breezy rides, or the vibrant energy of the surroundings, everything you need to feel inspired is right here. Life within our community is all
Westmount at Downtown Tempe is where comfort and convenience come together effortlessly - just 15 minutes from Phoenix. Picture yourself enjoying thoughtful amenities and renovated interiors while enjoying a bikeable location. Whether it's quick commutes, breezy rides, or the vibrant energy of the surroundings, everything you need to feel inspired is right here. Life within our community is all
A world of comfort and convenience is yours when you make Salado Springs your home. This spacious two-bedroom unit is Ideally situated near Mill Ave, ASU, Sky Harbor, and minutes from downtown Phoenix. We have excellent freeway access and located right off the Rio Salado Parkway. You'll be impressed with Salado Springs and happy to make this community your home. Our amenities provide our
At The Local Apartments, our amenity-rich apartment community offers you a next-level lifestyle in our studio, 1, 2 & 3 bedroom apartments. Lavish extras combine with a sleek design to offer you a breathtaking living experience.Upscale benefits continue out your front door and into the community amenities. Take advantage of our top-notch offerings with endless opportunities to stay active or
Well-maintained 2-bedroom, 2-bathroom ground floor unit located in the heart of Tempe. This home features all new tile floor throughout, an open floor plan that connects the living, dining, and kitchen areas, creating a comfortable and functional living space. The kitchen has new countertops, double sinks and all major appliances are included. The primary bedroom has its own full bathroom and a
Mark BorchardReal Property Management Phoenix Valley
Live Brilliantly! Skyglass Apartments captures Seattle's ever-changing light in unique ways, offering residents a new perspective of South Lake Union and the cityscape from our studio, one, two, and three-bedroom apartment homes. Inside, the tower's airy, bright spaces are infused with style and design, and its amenities invite socializing and relaxation. Say hello to your future in the sky today!
No Application Fees! Remodeled 2 bedroom, 2 bathroom corner unit Tempe apartment in a duplex offering privacy with only one neighboring unit and a bright open layout. This upgraded home features wood laminate flooring throughout with no carpeting, two tone paint, excellent natural lighting, and a spacious open living area. The living room flows into the updated kitchen featuring refinished
Experience elevated living at Shorehaven, a luxury high-rise apartment community overlooking the shoreline of Tempe Town Lake. Offering studio, 1, 2, and 3-bedroom residences, Shorehaven delivers modern, vertical living with breathtaking lakefront views, mountain backdrops, and skyline scenery from private balconies.Inside, homes feature smart-home finishes, premium materials, and floor plans
Beautifully renovated 3-bedroom, 2-bath home in a prime Tempe location near ASU, Tempe Town Lake, Mill avenue and major freeways. This move-in ready home features brand-new porcelain tile flooring, fresh interior paint, and a completely updated kitchen with new appliances. Spacious layout with plenty of natural light and comfortable living areas.Wood-burning fireplace, A/C, large backyard,
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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