Apartment for rent

Pet friendly

5+ Days Ago

1023 W 5th St
1023 W 5th St, Tempe, AZ 85281, USA

Monthly rent	$2,299–$2,850Based on a 12-month lease.
Beds	2–3
Baths	2
Sqft	1,294–1,755

Apartment for rent

Pet friendly

5+ Days Ago

1023 W 5th St
1023 W 5th St, Tempe, AZ 85281, USA

Apartment for rent

Pet friendly

Monthly rent	$2,299–$2,850Based on a 12-month lease.
Beds	2–3
Baths	2
Sqft	1,294–1,755

1023 W 5th St
1023 W 5th St, Tempe, AZ 85281, USA

Apartment for rent

Pet friendly

Monthly rent	$2,299–$2,850Based on a 12-month lease.
Beds	2–3
Baths	2
Sqft	1,294–1,755

5+ Days Ago

3 Bed 2 bath unit

Address details

Units	13
Units available	8
Neighborhood
City
Zip code	85281

Property Overview

Located just 0.12 miles from a top-rated elementary school and surrounded by two pet supply stores, this property is ideal for those valuing convenience and pet-friendly amenities. Featuring attractive quartz countertops and a considerable collection of 277 photos, it stands out for both its aesthetic appeal and transparency in showcasing the living space. Additionally, its value per square foot ranks in the 89.87 percentile within the area, indicating a promising investment opportunity.

Things you’ll love

Elementary school nearby
More space
Central heat

Great for

Pet owners

Highlights

Pet Friendly

quartz countertops

Units

1023 W 5th St, Tempe, AZ

1023 W 5th St Tempe, AZ

Show occupied

Available

1026

2 Beds

2.5 Baths

1,294 sqft

$2,299

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • Central Heat • Ceiling Fan

Available

1002

2 Beds

2.5 Baths

1,294 sqft

$2,299

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • Central Heat • Ceiling Fan

Available

1027

2 Beds

2.5 Baths

1,294 sqft

$2,299

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • Walk-In Closets • Central Heat

Available

1017

3 Beds

2.5 Baths

1,755 sqft

$2,825

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • High Ceilings • Walk-In Closets

Available

1014

3 Beds

2.5 Baths

1,755 sqft

$2,825

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • Central Heat • Ceiling Fan

Available

1013

3 Beds

2.5 Baths

1,740 sqft

$2,825

Carpet • Dishwasher • Air Conditioning • Central Heat • In-Unit Laundry

Available

3 Beds, 2.5 Baths

3 Beds

2.5 Baths

1,755 sqft

$2,825

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • Walk-In Closets • Central Heat

Available

1008

3 Beds

2.5 Baths

1,755 sqft

$2,850

Carpet • Dishwasher • Air Conditioning • In-Unit Laundry • Central Heat • Ceiling Fan

Amenities for 1023 W 5th St

Some units at this address have these amenities. View unit details for more information.

Building

Dogs Ok
Cats Ok
Garage Parking
Storage
Outdoor Space

Unit Amenities

Carpet
Dishwasher
Air Conditioning
In-Unit Laundry
Central Heat
Ceiling Fan
High Ceilings
Walk-In Closets

Policies at 1023 W 5th St

Dog policy

Allowed

Cat policy

Allowed

Contact for more information on pet policy.

Parking

Garage Parking	Contact for Price

About 1023 W 5th St

Home

Apartments in Tempe

Sunset

1023 West 5th Street #1008, Tempe, AZ 85281, US

Enjoy the best of Sunset living at 1023 W 5th St, Tempe, AZ 85281! This intimate community consists of 13 units, offering 2-3 bedroom options ranging from 1294 to 1755 square feet. Residents can take advantage of top-rated schools nearby, including an A- or higher rated elementary school. Each contemporary apartment home features quartz countertops, an open floor plan, gas range, and upgraded stainless steel appliances. Plus, enjoy the convenience of an attached 2-car garage and private backyard. Additional amenities include central heat, HVAC system, walk-in closet, and dishwasher. As a pet-friendly community, there's also an enclosed and safe dog park for your furry friends to play. With its prime location and modern amenities, this property is the perfect choice for those seeking a comfortable and convenient lifestyle.

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Address details

Units	13
Units available	8
Neighborhood
City
Zip code	85281

1023 West 5th Street #1008 is great for:

Pet owners

Tile, vinyl or hardwood floors
2 pet supply stores near the property

Property highlights

How 1023 W 5th St, Tempe, AZ 85281, USA compares to other nearby properties.

Positives

Elementary school nearby: There is an elementary school 0.1 mile away
More space: The 2-bedroom is 330 sqft larger than other listings nearby
More space: The 3-bedroom is 410 sqft larger than other listings nearby
Central heat: This address offers a climate controlled environment
Covered parking: Garage, covered, or indoor parking is available at this address
Images available: There are at least 10 photos of this address
Walk-in closet: Rentals here may include more closet space than average

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away

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Rent trends in Tempe

If you decide to upgrade your space, you can expect 2-bedrooms at 1023 West 5th Street #1008 to be 53% more than the average for similarly sized apartments in Sunset.

3-bedroom apartments at 1023 West 5th Street #1008 cost about 3% more than the average rent price for 3-bedroom apartments in Sunset.

Median rents as of Aug 30 2025.

Sunset

Tempe

A table of studio rental data trends in Tempe
Month	Median Rent
September 2023	$1,149
October 2023	$1,149
November 2023	$1,129
December 2023	$1,122
January 2024	$1,116
February 2024	$1,099
March 2024	$1,141
April 2024	$1,150
May 2024	$1,293
June 2024	$1,265
July 2024	$1,215
August 2024	$1,216
September 2024	$1,215
October 2024	$1,192
November 2024	$1,135
December 2024	$1,187
January 2025	$1,183
February 2025	$1,172
March 2025	$1,185
April 2025	$1,115
May 2025	$1,095
June 2025	$1,118
July 2025	$1,086
August 2025	$1,098

A table of studio rental data trends in Sunset
Month	Median Rent
April 2024	$1,095
June 2024	$1,213
July 2024	$1,220
August 2024	$1,182
September 2024	$1,127
October 2024	$1,115
November 2024	$1,107
December 2024	$1,026
January 2025	$1,017
February 2025	$1,122
March 2025	$1,081
April 2025	$1,025
May 2025	$1,044
June 2025	$1,112
July 2025	$1,124
August 2025	$1,067

Affordability calculator

Can I afford to live at 1023 W 5th St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$91,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $91,960 annually to afford this 2-bedrooms median monthly rent price of $2,299.

For more information on rent affordability, visit our rent calculator.

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Rent history

Check out the past listing prices for monthly rent at 1023 West 5th Street, Tempe, AZ.
			Bath
3 months ago	$2,299	2 bed	2.5 bath
1 year ago	$2,324	2 bed	2.5 bath
1 year ago	$2,299	2 bed	2 bath
1 year ago	$2,299	2 bed	2 bath
1 year ago	$2,299	2 bed	2 bath
1 year ago	$1,740	1 bed	1 bath
1 year ago	$1,740	1 bed	1 bath
1 year ago	$1,740	1 bed	1 bath
1 year ago	$1,740	1 bed	1 bath
1 year ago	$2,324	2 bed	2.5 bath