3,003

Tempe, AZ Homes for Rent

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  • /46

    Starting at $1,050 Per Month

    • Studio - 3 Beds

    1811 E Apache Blvd, Tempe, AZ 85281

    Live where comfort meets style. At The Access, our amenity-rich apartment community offers you a next-level lifestyle in our studio, 1, 2 and 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

    THE ACCESS

    1811 E Apache Blvd, Tempe, AZ 85281
  • /19

    $695 Per Month

    • 1 Bed
    • 1 Bath
    • 350 Sq Ft
    • Condo for Rent

    1037 S Farmer Ave, Tempe, AZ 85281

    Student Apartments Near ASU! Leasing for 2026 now, don't get caught without a nice place to live next year. Looking for the perfect place to call home while attending Arizona State University? Our modern student apartments are designed with your lifestyle in mind and just a short walk from campus! Apartment Features: 4 spacious bedrooms with 4 private bathrooms Shared fully furnished family room

    Agent Photo

    Stephen Zimmerman

    Fulton Grace Realty

    1037 S Farmer Ave, Tempe, AZ 85281
  • /51

    Starting at $1,318

    Total Monthly Price

    • 1 - 3 Beds

    1215 E Vista Del Cerro Dr, Tempe, AZ 85281

    IMT Desert Palm Village in Tempe is in an ideal location offering a retreat from life’s hectic pace. From one to three bedrooms, IMT Desert Palm Village offers a garden-like setting, with contemporary kitchens complete with a range of high-performing appliances. Even better, each apartment home features generous closet space and storage areas. With a regulation basketball court, sand volleyball

    IMT Desert Palm Village

    1215 E Vista Del Cerro Dr, Tempe, AZ 85281
  • /21

    $2,445 Per Month

    • 2 Beds
    • 2 Baths
    • 1,862 Sq Ft
    • House for Rent

    523 E Malibu Dr, Tempe, AZ 85282

    Don't miss this beautiful, remodeled 4-bed, 2-bath home on an expansive lot in a quiet neighborhood near ASU! This residence offers the perfect blend of privacy and convenience, featuring gorgeous wood flooring in the main living areas and cozy carpet in all the bedrooms. The spacious, updated interior is perfect for anyone looking for a peaceful retreat that remains close to the university,

    Agent Photo

    Jeff Shelton

    West USA Realty

    523 E Malibu Dr, Tempe, AZ 85282
  • /11

    Starting at $1,456

    Total Monthly Price

    • Studio - 2 Beds

    651 E 6th St, Tempe, AZ 85281

    Vero captures and amplifies the new spirit of Tempe, blending modern style with comfort and convenience to create a living experience that is equal parts high-tech and high-touch. Our studio, one-bedroom, and two-bedroom homes feature a clean, modern design that reflects their location in the heart of the Innovation Corridor blocks from Downtown Tempe and just across the street from Desert

    Vero

    651 E 6th St, Tempe, AZ 85281
  • /20

    $750 Per Month

    • 5 Beds
    • 2 Baths
    • 2,140 Sq Ft
    • House for Rent

    505 W Howe St, Tempe, AZ 85281

    Home is being rented individually per room, Welcome to a prime Tempe location within walking distance to ASU campus, Mill Avenue, and the Light Rail. This spacious two-story home features 5 bedrooms, a large open living area, and a comfortable formal dining room perfect for hosting friends and family. This home offers plenty of indoor living space along with a grassy backyard ideal for relaxing

    Agent Photo

    Marco LoPesio

    Realty ONE Group

    505 W Howe St, Tempe, AZ 85281
  • /41

    Starting at $1,604

    Total Monthly Price

    • Studio - 2 Beds

    1979 E Rio Salado Pkwy, Tempe, AZ 85288

    Smith & Rio is surrounded by everyday conveniences and luxuries that draw you to the downtown scene. An unbeatable locale between Mill Avenue's vibrant nightlife and Tempe Marketplace's ample collection of shopping and dining, Smith & Rio provides front row seating to all the hotspots including Tempe Town Lake, Papago Park, and Old Town Scottsdale.

    Smith & Rio

    1979 E Rio Salado Pkwy, Tempe, AZ 85288
  • /34

    $2,200 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,408 Sq Ft
    • Townhouse for Rent

    14 E Hermosa Dr Unit 47, Tempe, AZ 85282

    Only $2200/month for a 4-bedroom rental with a 9-month lease. Also for sale!All-new vinyl plank flooring, no carpet, updated bathrooms, new paint, lights, and fixtures.Updated 4-bed, 2.5 baths, and conveniently located just north of the 60 Freeway. Open concept kitchen has been remodeled and features an island, granite countertops, stainless appliances, and newer cabinets. (Not painted;

    Agent Photo

    Jasson Dellacroce

    My Home Group Real Estate

    14 E Hermosa Dr Unit 47, Tempe, AZ 85282
  • /70

    Starting at $1,763

    Total Monthly Price

    • Studio - 3 Beds

    98 S River Dr, Tempe, AZ 85288

    Discover exceptional apartments for rent in Tempe, AZ, at The Alyssa, where rich history meets architectural innovation. Influenced by the sun, wind, and desert landscape, our apartments reflect the raw beauty of nature's design. Choose between studio, one, two, and three-bedroom open floorplans with custom features like urban mudrooms and niches, built-in desks, and expansive dine-in islands

    The Alyssa

    98 S River Dr, Tempe, AZ 85288
  • /60

    $1,650 Per Month

    • 2 Beds
    • 2 Baths
    • 934 Sq Ft
    • Townhouse for Rent

    1905 E University Dr Unit N167, Tempe, AZ 85288

    2 BEDROOM 2 BATH CONDO WITH GATED FRONT PATIO * EXCEPTIONAL UNIT ON GROUND FLOOR. BRIGHT AND WELL LIT ROOMS * MUST SEE TO APPRECIATE * ALL NEW PAINT. CEILING FANS THROUGH OUT. WASHER; DRYER; REFRIGERATOR & DISHWASHER; ELECTRIC COOKTOP; WINDOWS ALL HAVE MINI BLINDS AND DRAPES; NESTLED IN BACK OF COMPLEX WITH 2 COMMUNITY POOLS & SPA; UAS 1 ASSIGNED COVERED PARKING SPOT; SUPER CLEAN UNIT ,

    Agent Photo

    Parul Tailor

    Realty ONE Group

    1905 E University Dr Unit N167, Tempe, AZ 85288
  • /58

    Starting at $1,350 Per Month

    • Studio - 1 Bed

    5121 E La Puente Ave, Phoenix, AZ 85044

    From early risers to midnight movers, The Quinn is ready when youare. With efficient, versatile residences and thoughftul amenityspaces designed for a holistic lifestyle, you'll find a mid-centurymodern gem conventiently located near everywhere you want to be.

    The Quinn Apartments

    5121 E La Puente Ave, Phoenix, AZ 85044
  • /55

    $3,295 Per Month

    • 3 Beds
    • 3 Baths
    • 3,262 Sq Ft
    • House for Rent

    2157 E Alameda Dr, Tempe, AZ 85282

    Spacious two story home in the heart of Tempe. Located near the 101 and Broadway, with easy access to shopping, dining, ASU, and major employers. The community features a sparkling pool and tennis court. Inside, you'll find three beds and three baths (one of each is downstairs), plus an upstairs den/office, giving you plenty of flexibility for work, guests, or hobbies. Separate living/dining and

    Agent Photo

    Howard Rudin

    West USA Realty

    2157 E Alameda Dr, Tempe, AZ 85282
  • /43

    Starting at $1,593

    Total Monthly Price

    • 1 - 2 Beds

    711 N Evergreen Rd, Mesa, AZ 85201

    Strategically situated in Mesa, AZ, and at the doorstep of Tempe’s thriving city scene, IMT Riverview offers generous one and two-bedroom apartments complete with all the conveniences you desire. Enjoy coming home to lush landscaping every day, with an abundance of community amenities and modern apartments that make every day feel luxurious. Relax in style at our resort-inspired pool and spa with

    IMT Riverview

    711 N Evergreen Rd, Mesa, AZ 85201
  • /47

    $2,990 Per Month

    • 5 Beds
    • 2 Baths
    • 2,085 Sq Ft
    • House for Rent

    1922 E Laguna Dr, Tempe, AZ 85282

    Welcome to this spacious 5-bedroom, 2-bathroom home offering 2,085 sq. ft. of comfortable living space in a highly convenient Tempe location near ASU, shopping, dining, and major freeways. The home features a functional floor plan with plenty of room for bedrooms, home office space, or additional living needs. Inside, you'll find low-maintenance tile and vinyl flooring throughout, giving the home

    Agent Photo

    David Allayev

    eXp Realty

    1922 E Laguna Dr, Tempe, AZ 85282
  • /95

    Starting at $1,507

    Total Monthly Price

    • Studio - 3 Beds

    420 N Scottsdale Rd, Tempe, AZ 85281

    Designed with you in mind, Aura Watermark features an impressive collection of amenities to delight your senses! Get an invigorating start to your day in our 4,000+ square foot athletic center overlooking Tempe Town Lake and wind down on our outdoor rooftop deck beside the glow of a fire pit. Glamorous designs, artful installations, luxury finishes and stunning waterfront vistas coalesce to

    Aura Watermark

    420 N Scottsdale Rd, Tempe, AZ 85281
  • /42

    $3,095 Per Month

    • 4 Beds
    • 2 Baths
    • 1,844 Sq Ft
    • House for Rent

    123 E Erie Dr, Tempe, AZ 85282

    Beautifully updated 4-bedroom, 2-bath home on a quiet Tempe street, just minutes from ASU, Mill Avenue, Tempe Town Lake, freeways, shopping, dining, and entertainment. Freshly painted and move-in ready, this home features a cozy brick fireplace, wood-look flooring in the main living areas and bedrooms, and tile flooring in the kitchen, Arizona room, and bathrooms. The kitchen offers a breakfast

    Agent Photo

    Andrew Myers

    Keller Williams Legacy One Realty

    123 E Erie Dr, Tempe, AZ 85282
  • /31

    Starting at $1,043 Per Month

    • Studio - 2 Beds

    625 W 1st St, Tempe, AZ 85281

    Riverside Luxury Living in Tempe, AZ offers the perfect blend of modern comfort, resort-style amenities, and an unbeatable downtown location. Nestled near Tempe Town Lake, Mill Avenue, and Arizona State University, it places you at the center of dining, entertainment, outdoor recreation, and everyday convenience. Residents enjoy stylish apartment homes with contemporary finishes, thoughtfully

    Riverside Apartments

    625 W 1st St, Tempe, AZ 85281
  • /20

    $2,145 Per Month

    • 3 Beds
    • 2 Baths
    • 1,444 Sq Ft
    • House for Rent

    1412 E Redfield Rd, Tempe, AZ 85283

    Charming home in prime Tempe location! Right across the street from a school, this property features a nice size yard with mature trees and an interior featuring newer wood-look tile flooring. The kitchen showcases a large island, pendant lighting, stainless steel appliances, and beautiful white cabinets. The adjacent spacious laundry room offers extra cabinets and shelving for extra storage as

    Agent Photo

    Hemameena Muralidaran

    Investar Real Estate Specialists

    1412 E Redfield Rd, Tempe, AZ 85283
  • /32

    Starting at $1,588

    Total Monthly Price

    • 2 - 4 Beds

    1155 W Grove Pkwy, Tempe, AZ 85283

    With Allure at Tempe Apartments, comfort meets sophistication. Picture yourself in a home that balances sleek style with warm comfort, offering a perfect retreat from the energy of city life. Our apartments in Tempe are tailored to fit your lifestyle, whether that means cozy mornings, inspired workdays, or evenings of relaxation. Pets are welcome, too, so every member of your household can feel

    Allure at Tempe Apartments

    1155 W Grove Pkwy, Tempe, AZ 85283
  • /23

    $2,895 Per Month

    • 4 Beds
    • 3.5 Baths
    • 1,883 Sq Ft
    • Townhouse for Rent

    2016 S Hammond Dr Unit 101, Tempe, AZ 85282

    This spacious 4-bedroom, 3.5-bathroom townhome is available now! A rare find with a basement, it's within walking distance to ASU. Enjoy nearly one full bath per bedroom. The property includes four parking spaces: a single-car garage and a tandem carport.The main level features a kitchen, communal living space, and a half bathroom. Upstairs, there are three bedrooms and two full

    Agent Photo

    Kimberly Mazinter

    eXp Realty

    2016 S Hammond Dr Unit 101, Tempe, AZ 85282
  • /30

    Starting at $1,015 Per Month

    • 1 - 3 Beds

    505 W Baseline Rd, Tempe, AZ 85283

    Discover vibrant desert living at 505 West in Tempe, AZ, where modern comfort meets resort-style amenities. Choose from spacious 1-, 2-, and 3-bedroom apartment homes featuring open-concept layouts, personal balconies, built-in dishwashers, ceiling fans, optional extra storage, and in-unit washer and dryer in select homes, plus cozy fireplaces for an elevated touch. Enjoy a refreshing sparkling

    505 West

    505 W Baseline Rd, Tempe, AZ 85283
  • /27

    Starting at $1,455 Per Month

    • 1 - 2 Beds

    1935 E Apache Blvd, Tempe, AZ 85281

    Welcome to Apache Rock Apartments, your stylish new apartment home in Tempe, Arizona.Nestled in an exclusive community of just 75 apartment homes, we offer the perfect blend of comfort, class and convenience. Our spacious apartments feature open kitchens with sleek, modern finishes and high-end, energy-efficient stainless-steel appliances, built in microwaves, dishwashers and deep sinks

    Apache Rock Apartments

    1935 E Apache Blvd, Tempe, AZ 85281
  • /26

    Starting at $1,304 Per Month

    • Studio - 2 Beds

    2325 E Rio Salado Pkwy, Tempe, AZ 85288

    Discover a relaxing, resort-style community with refined style at The Retreat at Rio Salado in Tempe, Arizona. Come home to our cozy studio, one, and two bedroom apartments where you enjoy endless conveniences day in and day out, including energy-efficient kitchens, and on-site extras, like a spa/hot tub and a two-level state-of-the-art fitness center complete with virtual training. Spend sunny

    The Retreat at Rio Salado

    2325 E Rio Salado Pkwy, Tempe, AZ 85288
  • /47

    Starting at $1,133 Per Month

    • 1 - 3 Beds

    909 W Grove Pkwy, Tempe, AZ 85283

    Featuring the latest in household and community amenities, our one, two, and three-bedroom apartments and townhomes are here to give you one of the most rewarding living experiences in Tempe, Arizona.Meticulously designed floor plans, hardwood inspired flooring, modern kitchens, and plenty of storage space are all part of our lifestyle here at 909 West. We are an Equal Opportunity

    909 West

    909 W Grove Pkwy, Tempe, AZ 85283
  • /25

    Starting at $1,633

    Total Monthly Price

    • Studio - 3 Beds

    2062 E Cameron Way, Tempe, AZ 85281

    Experience a private oasis in the center of everywhere you want to be at The Cameron in Tempe. This sophisticated residence offers thoughtfully crafted, high-end amenities and stunning apartment homes with exceptional attention to detail. Distinctive to this exquisite, luxury community is a private resident bar and Marker's Space with a full demonstration kitchen. While our unique apartment

    The Cameron

    2062 E Cameron Way, Tempe, AZ 85281
  • /29

    Starting at $1,899 Per Month

    • 2 - 3 Beds

    2185 E Howe Ave, Tempe, AZ 85281

    Beautiful 2 and 3 Bedroom 2 Bathroom Available in Tempe! - The Howe offers Spacious 2 bedroom 2 bath homes featuring Vaulted Ceilings, Modern Decor, a Pool, Lush Landscaping, and More!Apartment Highlights include:• Modern Fixtures throughout• Shaker Style cabinets in Kitchen• Quartz Counter tops throughout• Breakfast Bar• Stainless Steel Appliances• Full-size

    The Howe Apartments

    2185 E Howe Ave, Tempe, AZ 85281
  • /79

    Starting at $1,325 Per Month

    • Studio - 3 Beds

    100 S 48th St, Phoenix, AZ 85034

    Explore our community rooted in Phoenix, Arizona and experience a lifestyle shaped by comfort, desert trails, and sunshine. Our natural desert inspired studio, one-, two-, and three-bedroom apartments come with shaded courtyards, resort-style amenities, and outdoor gathering spaces for you to enjoy. Quick commutes downtown, easy access to trails, and a peaceful community is the utmost advantage

    Alanna

    100 S 48th St, Phoenix, AZ 85034
  • /43

    Starting at $1,225 Per Month

    • 1 - 2 Beds

    4540 S Rural Rd, Tempe, AZ 85282

    Tempe Park Place makes everyday living simpler. All utilities are included in your rent, so there are no separate bills for gas, electric, water, sewer, trash, or air conditioning. That kind of predictability is hard to find, especially in a location this well connected.Choose from spacious one and two bedroom floor plans ranging from 630 to 1,016 square feet. Homes feature modern

    Tempe Park Place Apartments

    4540 S Rural Rd, Tempe, AZ 85282
  • /42

    Starting at $1,295 Per Month

    • Studio - 2 Beds

    2157 E Apache Blvd, Tempe, AZ 85281

    Discover upscale living at Metro 101 in Tempe, AZ-just two miles from ASU. Choose from stylish studio, one, and two bedroom apartments featuring gourmet kitchens, granite countertops, and modern finishes. Enjoy resort-style amenities like a pool, fitness center, dog park, and outdoor lounge. With dining and entertainment nearby, Metro 101 offers the perfect blend of comfort and convenience.

    Metro 101

    2157 E Apache Blvd, Tempe, AZ 85281
  • /48

    Starting at $1,924 Per Month

    • 2 - 3 Beds

    647 W Baseline Rd, Tempe, AZ 85283

    Live where comfort meets style. At Townhomes at Kyrene, our amenity-rich apartment community offersyou a next-level lifestyle in our 2 & 3 bedroom townhomes. Lavish extras combine with a sleek design tooffer you a breathtaking living experience.Upscale benefits continue out your front door and into the community amenities. Take advantage of ourtop-notch offerings with endless

    Townhomes at Kyrene

    647 W Baseline Rd, Tempe, AZ 85283
  • /26

    Starting at $1,347 Per Month

    • 1 - 3 Beds

    1831 E Apache Blvd, Tempe, AZ 85281

    Skye at McClintock Station offers a natural flow that feels familiar, yet invigorating. Choose from a selection of spacious residences conveniently located near an endless variety of shopping, dining, and nationally renowned nightlife. Whether it’s fast or slow, life is always lived at Skye at McClintock.Skye at McClintock Station places you right in the heartbeat of it all. Get ready to

    Skye at McClintock Station

    1831 E Apache Blvd, Tempe, AZ 85281
  • /57

    Starting at $1,300

    Total Monthly Price

    • 1 - 3 Beds

    1600 W La Jolla Dr, Tempe, AZ 85282

    Our beautiful, amenity rich apartment community is the perfect blend of comfort, convenience and sophistication. Our central Tempe location is within steps of incredible shopping, dining and outdoor adventure. You will also find yourself just minutes away from Arizona State University, Tempe Town Lake and Mill Avenue-Tempe's downtown entertainment district. We offer beautifully designed one, two

    Galleria Palms

    1600 W La Jolla Dr, Tempe, AZ 85282
  • /15

    Starting at $1,501 Per Month

    • Studio - 3 Beds

    1003 W Washington St, Tempe, AZ 85288

    The Aubrey is a luxury apartment community in North Tempe that offers studio, one-, two-, and three-bedroom residences designed for a modern, upscale lifestyle. Located within The Grand at Papago Park Center, the community combines contemporary design, premium amenities, and convenient access to Arizona State University, Tempe Town Lake, Downtown Tempe, Scottsdale, and Sky Harbor Airport.

    The Aubrey

    1003 W Washington St, Tempe, AZ 85288
  • /51

    Starting at $1,042 Per Month

    • Studio - 2 Beds

    1311 W Baseline Rd, Tempe, AZ 85283

    Mission Springs Apartments is located in the coveted city of Tempe, Arizona offering a relaxed and elevated living experience. Choose from one of our spacious studio, one, and two-bedroom apartments and enjoy the lush landscaping, brand new outdoor lounge and barbeque area, in-home washer and dryers, vinyl wood plank flooring, vaulted ceilings, private balconies and patios, a resort-style pool

    Mission Springs

    1311 W Baseline Rd, Tempe, AZ 85283
  • /46

    Starting at $1,446

    Total Monthly Price

    • 1 - 3 Beds

    2323 E Apache Blvd, Tempe, AZ 85281

    Broadstone Tempe Station is not only a new home; it’s your sanctuary. Packed with upscale amenities, refined finishes, and connecting you to the city’s best, our apartments in Tempe are the perfect retreat for the savvy urbanite and the outdoor adventurer alike.Don’t just live; live well. Our Apache Blvd apartments in Tempe, AZ, are your ticket to a lifestyle of ease and entertainment. Make the

    Broadstone Tempe Station

    2323 E Apache Blvd, Tempe, AZ 85281
  • /39

    Starting at $1,350 Per Month

    • Studio - 3 Beds

    1260 E University Dr, Tempe, AZ 85281

    Live where comfort meets style just minutes from ASU. At The Hyve, our amenity-rich apartment community is designed for ASU students, offering a next-level lifestyle in our studio, 1, 2 & 3 bedroom apartments. Enjoy sleek design and lavish extras for a truly unique living experience. Step outside and discover a community filled with top-notch amenities, perfect for staying active or unwinding in

    The Hyve

    1260 E University Dr, Tempe, AZ 85281
  • /15

    Starting at $1,572 Per Month

    • Studio - 4 Beds

    115 W 6th St, Tempe, AZ 85281

    Located in the heart of Tempe's Mill Avenue District, West 6th places you within walking distance of dining, recreation, entertainment, and shopping. Immerse yourself in the Tempe lifestyle as you enjoy our upscale and pet-friendly community near ASU, Tempe Town Lake, A Mountain, and so much more.West 6th offers an upscale living experience within a vibrant and inclusive community. Our

    West 6th

    115 W 6th St, Tempe, AZ 85281
  • /30

    Starting at $1,624 Per Month

    • Studio - 3 Beds

    707 E 6th St, Tempe, AZ 85281

    Redefine your urban lifestyle with the premium features and resort-style amenities at The Piedmont. Located near Arizona State University, downtown Tempe is less than a mile from your new studio, one, two, or three bedroom home. If you’re looking to hike, bike, or explore the local hot spots of the East Valley, The Piedmont makes the perfect central location. Whether you’re relaxing on the

    The Piedmont

    707 E 6th St, Tempe, AZ 85281
  • /37

    Starting at $1,207

    Total Monthly Price

    • 1 - 3 Beds

    5038 S Hardy Dr, Tempe, AZ 85282

    Lease with Highland Park and come to know a fantastic walk of Tempe, AZ life. With an ideal location at the intersection of several major freeways, very near both Arizona Mills Mall and ASU, our residents are a short drive from most everything they need. Alongside newly renovated home interiors, our numerous pet-friendly amenities complete the picture of a complete way of life. Tour and discover

    Highland Park

    5038 S Hardy Dr, Tempe, AZ 85282
  • /26

    Starting at $1,199 Per Month

    • 2 Beds

    1330 W Broadway Rd, Tempe, AZ 85282

    Welcome to The Halston in Tempe, AZ—where comfort, convenience, and everyday amenities come together. Choose from spacious one-, two-, and three-bedroom apartment homes designed with practical features and a modern feel. Enjoy a community built for an active lifestyle with a sun-drenched swimming pool, modern fitness center with spin bikes, resident business center, and community-wide

    The Halston Apartments

    1330 W Broadway Rd, Tempe, AZ 85282

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Why Live in Tempe

Tempe Town Lake serves as a recreational hub where residents kayak, paddleboard, and stroll along scenic waterfront paths. The iconic "A" Mountain provides panoramic city views from its summit, while the Mill Avenue district buzzes with shops, restaurants, and nightlife. Cultural attractions include the Frank Lloyd Wright-designed ASU Gammage theater, which hosts Broadway shows, and the free ASU Art Museum showcasing contemporary Latin American works. The city's 50 parks and 175 miles of bike paths include Papago Park's desert trails and Kiwanis Park's wave pool. Local dining ranges from craft beer at Four Peaks Brewing's historic 8th Street Pub to modern Southwest cuisine at Ghost Ranch.

The Tempe real estate market includes properties from $219,000 to $1,595,000. The median sale price across all property types is $475,000. Single-family homes command a median price of $545,000, with variations by neighborhood. South Tempe homes reach a median of $645,000, while West Tempe homes sit at $375,000. Townhouses in the Riverside area have a median price of $580,000. Condos present a more affordable option, with median prices of $231,000 for one bedroom and $305,000 for two bedrooms.

Tempe's property tax rate of 0.47% matches neighboring Phoenix, Mesa, and Scottsdale. The combined sales tax rate is 8.41%, including a 5.60% state rate and 2.81% local rate. Arizona's state income tax rate is 2.50%.

The city's education system includes Corona Del Sol High School, rated A by Niche. Private schools like Our Lady of Mount Carmel School and Grace Christian Academy also maintain A ratings. Arizona State University's main campus adds to the educational landscape. Valley Metro light rail and extensive bus service connect to Phoenix Sky Harbor International Airport, typically a 10 to 15 minute drive. Major employers span technology, healthcare, education, and manufacturing sectors.

Frequently Asked Questions

How much does it cost to rent a home in Tempe, AZ?
The median rent for a home in Tempe, AZ is $2,380 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Tempe, AZ?
To comfortably afford the median rent in Tempe, AZ, a household needs to earn roughly $95,200 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,380 per month in Tempe, AZ, renters typically need to show $7,140 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Tempe, AZ?
In Tempe, AZ, the price-to-rent ratio is 16.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Tempe, AZ are best for renting a home?
The best neighborhood for renting in Tempe, AZ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Alameda, The Lakes, West Tempe, Downtown Tempe and Clark Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
653
Median Rent
$2,380
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$1,975
Median Condo Rent
$1,590
How to Rent a Home