House for rent

Dog friendly

Updated 5+ Days Ago

120 E Rio Salado Pkwy #206
120 E Rio Salado Pkwy #206, Tempe, AZ 85281, USA

Monthly rent	$2,995
Beds	1
Baths	1.5
Sqft	1,290

Monthly rent	$2,995
Beds	1
Baths	1.5
Sqft	1,290

Updated 5+ Days Ago

Highlights

Hardwood floors
Gourmet kitchen
Fireplace
Open floor plan
Ceiling to floor windows
Common areas

Location

120 E Rio Salado Pkwy #206, Tempe, AZ 85281, USA|Downtown Tempe

Tour 120 E Rio Salado Pkwy #206

Contact

Kelly Martin

(480) 699-0995

Property Overview

Featuring hardwood floors and a gourmet kitchen, this residence offers a modern open floor plan complemented by ceiling-to-floor windows that provide ample natural light. The presence of common areas enhances community living, while the fireplace adds a cozy touch to the living space. With its attractive amenities, this property is appealing for those seeking a vibrant and stylish urban lifestyle.

Things you’ll love

More space
Central heat
Covered parking

Great for

Work-from-home
Wellness
Pet owners

Amenities for 120 E Rio Salado Pkwy #206, Downtown Tempe

Community

Dogs OK

Grounds

Outdoor Space

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Limit1

Cat Policy

Not allowed

Questions about this property’s policies and fees?

About 120 E Rio Salado Pkwy #206

Home

Houses in Tempe

120 E Rio Salado Pkwy #206, Tempe, AZ 85281, USA

12 MONTH MINIMUM!!! ALL UTILITIES AND CABLE/INTERNET INCLUDED IN PRICE, NO CAPS!! Only EV charging station in Edgewater, 2 storage units. Urban living at its best located on Tempe Lake with views of the Lake and Mill Bridge, walk to Mill Ave, ASU, Tempe Center for the Arts and Light Rail. This is an extremely sought after area for residential and business opportunities. Home boasts a huge open floor plan (largest one bedroom in the building), hardwood floors throughout, fireplace (one of two one bedrooms in Edgewater with a fireplace),ceiling to floor windows looking to the great views, gourmet kitchen, built-ins. Development Amenities (pool, common areas, direct access to Tempe Lake, front desk support, exercise and recreation rooms, conference and office room, cable, internet. *Minimum Lease Term of 12 Months* - Application Fee: $100 per applicant 18 years of age and older on the lease - Security Deposit to be equal to 1 months rent - Cleaning Deposit/Fee: $400 - Monthly Administration Fee of $25 per month paid for by tenant - Utilities covered through HOA - Garage Spaces: 1 - Slab Parking Spaces: 0 - Pet Deposit/Fee: $400 for 1st pet; $200 for each additional pet - Tenant must have the home professionally cleaned once per month during their stay at their expense ($120 per hour). MMG to provide contact information for the cleaning crew to be used Monthly Cleaning Breakdown by Square Footage: • 1499 sq ft or less: $120 (1 hour) • 1500 – 2499 sq ft: $180 (1.5 hours) • 2500 – 3999 sq ft: $240 (2 hours) • 4000 – 5999 sq ft: $300 (2.5 hours) • 6000 sq ft or greater: $360 (3 hours)

Property highlights

How 120 East Rio Salado Parkway, Tempe, AZ 85281, USA compares to other nearby properties.

Positives

More space: The 1-bedroom is 580 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
Extra Storage: Upgraded in-unit features
Fireplace: Upgraded in-unit features available
Images available: There are at least 10 photos of this address
Laundry available on site: Washers and dryers are available in-building or in-unit
Package service: More secure storage for delivery
Walk-in closet: Rentals here may include more closet space than average

Considerations

Greater distance from grade schools: The nearest elementary school is farther than 1 mile away
Greater distance from middle schools: The nearest middle school is farther than 1 mile away

Address details

Neighborhood	Downtown Tempe
Zip code	85281
Type	House for rent

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Rent trends in Downtown Tempe

1-bedroom apartments at 120 E Rio Salado Pkwy #206 cost about 120% more than the average rent price for 1-bedroom apartments in Tempe.

Median rents as of Jul 11 2026.

Downtown Tempe

Tempe

A table of 1-bedroom apartment rental data trends in Tempe
Month	Median Rent
July 2024	$1,325
August 2024	$1,339
September 2024	$1,349
October 2024	$1,315
November 2024	$1,319
December 2024	$1,342
January 2025	$1,398
February 2025	$1,378
March 2025	$1,326
April 2025	$1,295
May 2025	$1,299
June 2025	$1,304
July 2025	$1,296
August 2025	$1,313
September 2025	$1,326
October 2025	$1,340
November 2025	$1,292
December 2025	$1,295
January 2026	$1,329
February 2026	$1,344
March 2026	$1,350
April 2026	$1,300
May 2026	$1,248
June 2026	$1,222
July 2026	$1,212

A table of 1-bedroom apartment rental data trends in Downtown Tempe
Month	Median Rent
July 2024	$1,175
August 2024	$1,190
September 2024	$1,212
October 2024	$1,193
November 2024	$1,175
December 2024	$2,061
January 2025	$2,082
February 2025	$1,828
March 2025	$1,450
April 2025	$1,250
May 2025	$1,216
June 2025	$1,867
July 2025	$1,862
August 2025	$2,202
September 2025	$2,644
October 2025	$3,088
November 2025	$2,191
December 2025	$2,210
January 2026	$2,210
March 2026	$2,277
April 2026	$2,011
May 2026	$1,594
June 2026	$1,583
July 2026	$1,363

Affordability calculator

Can I afford to live at 120 E Rio Salado Pkwy #206?

Bedrooms

1 bedroom

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

$119,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $119,800 annually to afford this 1-bedroom monthly rent price of $2,995.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 120 E Rio Salado Pkwy, Tempe, AZ.
			Bath
Last month	$900	1 bed	1 bath
Last month	$2,495	1 bed	1.5 bath
3 months ago	$2,850	2 bed	2 bath
1 year ago	$4,500	2 bed	3 bath
1 year ago	$3,995	2 bed	2 bath
1 year ago	$4,200	2 bed	2 bath
1 year ago	$5,995	2 bed	3 bath
2 years ago	$4,995	2 bed	3 bath
3 years ago	$2,445	1 bed	1.5 bath
4 years ago	$950	1 bed	1 bath

Schools near 120 E Rio Salado Pkwy #206

Internet available near 120 E Rio Salado Pkwy #206

Getting around Tempe near 120 E Rio Salado Pkwy #206

Walking

5/10

Some shops and stores are within a few minutes.

Driving

10/10

Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

9/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10

Popular public transit options are just a short walk from this location.

Points of interest for 120 E Rio Salado Pkwy #206, Tempe

Groceries

8/10

At least one supermarket within a 15-minute walk

Shopping

5/10

Several shops within walking distance

Cafes

5/10

Some cafés within a few minutes’ walk

Restaurants

7/10

Variety of restaurants within a few minutes' walk

Primary schools

2/10

At least one elementary school within a 30-minute walk

High schools

2/10

At least one high school within a 30-minute walk

Parks

9/10

Exceptionally large amount of park space within a few minutes’ walk

Nightlife

5/10

Some bars within a few minutes’ walk

Other units at this address

120 East Rio Salado Parkway, Tempe, AZ

120 East Rio Salado Parkway Tempe, AZ

Occupied

Unit 401

1 Bed

1.5 Baths

1,137 sqft

$2,200

Walk-In Closets • Air Conditioning • High Ceilings • Balcony • Central Heat • Oven

Listed by Melissa Cowardin

Days on market: 27

Rent $2,200.00 | Required Fees $49.99 | Total Monthly Price* $2,249.99 Beautiful 1-bedroom, 1.5-bath condo located in the prestigious Edgewater High Rise overlooking Tempe Town Lake. This spacious 1,137 sq. ft. home features an open floor plan, eat-in kitchen, ceiling fans, and all appliances included, including a washer and dryer. The primary suite offers dual sinks, a relaxing oval tub, and a separate walk-in shower. Step outside to your private balcony and enjoy stunning views of Tempe Town Lake, creating the perfect space to relax or entertain. One reserved underground parking space is included. Best of all, utilities are included in the rent—tenant only pays for cable and internet! Residents enjoy resort-style amenities including a pool, spa, fitness center, BBQ area, and direct access to the vibrant Tempe Town Lake lifestyle. Conveniently located near ASU, Tempe Marketplace, Mill Avenue, Scottsdale, and major freeways. One small dog is welcome with owner approval and $40/month pet rent. No pet deposit required. At Renosy by Renters Warehouse, we’ve streamlined your lifestyle with a Resident Benefits Package designed to provide a cost-effective, high-convenience experience. Your Total Monthly Price includes rent and our suite of professional services ($44.99) which features resident rewards, air filter delivery, renter's insurance, credit building, utility setup assistance, and more! You will have the option to personalize certain components during onboarding which may adjust your final monthly total. Full details are available upon application. Minutes from dining, shopping, entertainment and Loop 202 this home is a must see! Showings are scheduled online and the property is listed by Renters Warehouse. Rental Details: Rent: $2,249.99/month (includes Resident Benefits Package) Security Deposit $2,200.00 Minimum 600 credit score Monthly income must be at least 3x the rent Must pass credit and background screening Renters insurance required ($100,000 minimum liability) prior to move-in $199 Non-Refundable Processing Fee $60 Non Refundable Background Screening Fee for all occupants 18

Occupied

201

1 Bed

1 Bath

1,264 sqft

$900

On-Site Laundry • Air Conditioning • Microwave • In-Unit Laundry • Furnished • Fireplace

Occupied

606

1 Bed

1 Bath

1,166 sqft

$950

Air Conditioning • Balcony • In-Unit Laundry • Furnished • Carpet • Dishwasher

Occupied

402

2 Beds

2 Baths

1,495 sqft

$2,850

Walk-In Closets • On-Site Laundry • Air Conditioning • Balcony • Hardwood Floor • Microwave

Listed by Capstone Realty

Days on market: 93

This stunning 3-bedroom, 2-bathroom high-rise condo offers an unbeatable combination of luxury, location, and breathtaking scenery. Perched on the 4th floor, this home showcases spectacular panoramic views of Tempe Town Lake, the surrounding mountains, the community pool, and dazzling city lights—you can even see all the way to the McDowell Mountains! Step inside to discover a bright and inviting space with rich wood flooring, a cozy fireplace, and a seamless layout designed for both comfort and entertaining. Key Features: Spacious Living Area: Open floor plan with a fireplace and direct access to a private balcony overlooking the pool and lake. Modern Kitchen: Features stainless steel appliances, a large kitchen island, and ample wood cabinetry for storage and style. Three Comfortable Bedrooms: Generously sized rooms, including a primary suite with a walk-in closet. Primary Suite Retreat: Master bathroom with a separate shower and soaking tub for a spa-like experience. In-Unit Laundry: Convenient laundry space within the unit. Private Balcony: Enjoy stunning elevated views of the lake, mountains, pool, and city skyline. High-Rise Living: 4th-floor location offering privacy, security, and incredible scenery. Prime Tempe Location Ideally situated on the edge of the Arizona State University campus and within walking distance to Mill Avenue, this condo places you at the center of Tempe’s vibrant lifestyle. Enjoy quick access to Tempe Marketplace, and just minutes from the airport. Explore nearby attractions like the Phoenix Zoo and Desert Botanical Garden just across the bridge. Plus, you’re only a 15-minute drive to Old Town Scottsdale and 20 minutes to downtown Phoenix. Don’t miss this rare opportunity to live in one of Tempe’s most desirable locations with unbeatable views. Schedule your tour today and make this exceptional condo your next home! -- Monthly Fee: Resident Benefit Package $49.99 Security Deposit: Equal to one months rent Cleaning Deposit: $275.00 Pet Deposit: $200.00 per pet One Time Lease Administrative Fee: $150.00 Built In Bbq Dryer Fire Sprinklers Heated Pool Smoke Detectors Washer

Occupied

403

2 Beds

2.5 Baths

1,661 sqft

$3,495

On-Site Laundry • Assigned Parking • In-Unit Laundry • Carpet • Dishwasher

Listed by SSR Leasing Line

Days on market: 2839

Available Now. Live in Luxury on the water! This gorgeous loft style home is designed to make you fall in love. Once you step in through the foyer, you will fall in love with every special upgrade in this home! The grey and white kitchen are the perfect contrast to the view of the sparkling blue water just outside of your window. The stainless steel appliance and an extra touch of elegance. The Master is sure to not disappoint, as it offers a large soak in tub, with dual vanities and a huge closet for all of your belongings. This Condo also comes with two garage parking spaces and an ample garage storage area. This home will not last. PLEASE NO PETS STATUS: Vacant PLEASE READ THIS: PET RESTRICTIONS: No Aggressive or Dangerous Dog Breeds, specific breeds are listed in our rental criteria https www leaseaz com pdf Terms%20Of%20Application%205 1 18 pdf?v4 SMOKING: No smoking is allowed on the premises SHOWING INSTRUCTIONS: Register for a Self-Guided Tour Receive txt or email confirmation On the day of your visit receive a CODE to retrieve key from electronic lock box APPLICATION INSTRUCTIONS: GO TO: https app propertyware com pw portals servicestarrealty tenantApplication action Ensure that you have all the required documents handy and ready to attach to application Complete the Online Application Form Pay the Application Fee with credit or debit card More Information: AREA INFORMATION: Tempe Beach Park FLOORING: tile/carpet GARAGE/PARKING: Two Garage Parking Spaces KITCHEN/LAUNDRY APPLIANCES INCLUDED:Washer/dryer, refrigerator, microwave, dishwasher, stove. PROPERTY TYPE: Condo UTILITIES INCLUDED: Tenant to pay for all utilities YEAR BUILT: 2006 YARD: no yard Additional Amenities: Community Pool & BBQ, Gym Large garage storage area. Application, Lease Terms, and Fees MOVE-IN FEE: $195 Lease Administration Fee, $50 Pet Application Fee where applicable HOLD FEE/EARNEST MONEY: Equals one month rent and it is due within 24 hours of application accepted. ADDITIONAL FEES NOT INCLUDED IN RENT: $19 monthly admin fee, $20 monthly pet fee per pet and city sales tax. Application Fee: Non-Refundable, $55/adult APPLICATION TURNAROUND TIME: 3 business days LEASE LENGTH: 1 year or 2 years LEASE TO PURCHASE OPTION: Not Available SPECIAL LEASE PROVISIONS: None HOA Instructions HOA AMENITIES AND SERVICES: HOA FEE: Paid for by the owner PROPERTY MANAGER: Dave All information is deemed reliable but not guaranteed and is subject to change. Tenant to verify all material facts including but not limited to room sizes, utilities, schools, HOA rules, community amenities, fees and costs, etc. Service Star Realty 2929 E Camelback Rd #119, Phoenix, AZ 85016, USA Phone: +1 480-426-9696