Updated 5+ Days Ago
Highlights
- Billiards table
- Walk-in closet
- Underground parking
- Breathtaking views
- Heated swimming pool
- Large master bedroom
Location
140 E Rio Salado Pkwy, Tempe, AZ 85281, USA|Downtown Tempe
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Property Overview
Strong value per square foot and 11 photos make it easy to assess, while underground parking, a walk-in closet, a large master bedroom, a billiards table, a heated swimming pool, and breathtaking views add appeal. The location also stands out for social and active lifestyles, with on-site fitness amenities, HVAC, and nearby museums, event hubs, restaurants, gyms, and sports facilities.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Images Available
- Laundry available on site
Great for
Wellness
Social life
Amenities for 140 E Rio Salado Pkwy, Downtown Tempe
Features
| Carpet | Freezer |
| High Ceilings | Tile |
| Vaulted Ceiling | Walk-in Closet |
| Washer/Dryer Hookups | Water |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Community
| Controlled Building | Fitness Center |
| Onsite Laundry | Sewage |
Grounds
| Assigned Parking | Garage Parking |
| Hot Tub/Spa | Lawn |
| Outdoor Space | Storage |
| Swimming Pool |
Neighborhood
| Near Parks |
Other
| Designated 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
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 140 E Rio Salado Pkwy
Property Id: 1830297 Luxurious high-rise Tempe town lake condo offers breathtaking views of the lake and A Mountain. The place is simply stunning, and the pictures don't quite capture its beauty! The condo has a spacious living area, a large master bedroom with huge walk-in closet, and a smaller 2nd bedroom and bath. The property is right on Tempe Town Lake, and you are near tons of restaurants and bars nearby, as well as parks and walking paths. Rent INCLUDES all fees and amenities, includes trash, of water, trash, sewer and access to amenities of the building **electric billed separately**. Premium amenities: underground parking, gym, steam room, sauna, heated swimming pool, pong table, billiards table, mini movie theatre, 24x7 front desk, guest parking. No smoking in the unit. TWO dedicated parking spot. Access to temperature controlled STORAGE unit in the parking area. Condo is coming available for 6/20/2026 move in.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 140 E Rio Salado Pkwy compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 934 sqft larger than other listings nearby
- 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
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Downtown Tempe |
|---|---|
| Zip code | 85281 |
| Type | Condo for rent |
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Rent trends in Downtown Tempe
2-bedroom apartments at 140 E Rio Salado Pkwy cost about 17% more than the average rent price for 2-bedroom apartments in Tempe.
Median rents as of Sep 5 2026.
Downtown Tempe
Tempe
| Month | Median Rent |
|---|---|
| September 2024 | $1,647 |
| October 2024 | $1,630 |
| November 2024 | $1,646 |
| December 2024 | $1,640 |
| January 2025 | $1,679 |
| February 2025 | $1,697 |
| March 2025 | $1,734 |
| April 2025 | $1,716 |
| May 2025 | $1,686 |
| June 2025 | $1,693 |
| July 2025 | $1,669 |
| August 2025 | $1,670 |
| September 2025 | $1,644 |
| October 2025 | $1,630 |
| November 2025 | $1,575 |
| December 2025 | $1,575 |
| January 2026 | $1,588 |
| February 2026 | $1,570 |
| March 2026 | $1,578 |
| April 2026 | $1,571 |
| May 2026 | $1,530 |
| June 2026 | $1,538 |
| July 2026 | $1,537 |
| August 2026 | $1,540 |
| September 2026 | $1,500 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,812 |
| October 2024 | $1,950 |
| November 2024 | $2,115 |
| December 2024 | $2,103 |
| January 2025 | $1,764 |
| February 2025 | $2,420 |
| March 2025 | $2,347 |
| April 2025 | $2,595 |
| May 2025 | $2,603 |
| June 2025 | $2,270 |
| July 2025 | $2,444 |
| August 2025 | $2,678 |
| September 2025 | $2,811 |
| October 2025 | $2,549 |
| February 2026 | $1,795 |
| April 2026 | $1,925 |
| May 2026 | $1,980 |
| June 2026 | $2,658 |
| July 2026 | $2,563 |
| August 2026 | $2,052 |
| September 2026 | $2,431 |
Affordability calculator
Can I afford to live at 140 E Rio Salado Pkwy?
Bedrooms
2 bedroomsRent-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
$114,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $114,000 annually to afford this 2-bedrooms monthly rent price of $2,850.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 months ago | $2,850 |
| 6 months ago | $2,650 |
| 1 year ago | $2,250 |
Schools near 140 E Rio Salado Pkwy
Cecil Shamley School
1500 n scovel st
tempe, AZ, 85281
PK, K-8Public
C+
Meyer Montessori
2615 s dorsey ln
tempe, AZ, 85282
PK, K-6Public
B
Balsz Online Academy (B.O.A.)
4825 e roosevelt st
phoenix, AZ, 85008
K-8Public
C-
Ward Traditional Academy
1965 e hermosa dr
tempe, AZ, 85282
K-8Public
A-
Getz School
625 w cornell dr
tempe, AZ, 85283
PK, K-8Public
B
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Internet available near 140 E Rio Salado Pkwy
Getting around Tempe near 140 E Rio Salado Pkwy
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 140 E Rio Salado Pkwy, 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
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