1 Day Ago
Location
1518 W 5th St #1, Tempe, AZ 85281, USA
Tour 1518 W 5th St #1
Contact
Local Realty, LLC
Nearby rentals
Renter hub
Property management
Apartments for rent PhoenixApartments for rent MesaApartments for rent GlendaleApartments for rent PeoriaApartments for rent GilbertApartments for rent San Tan ValleyApartments for rent TempeApartments for rent ScottsdaleApartments for rent SurpriseApartments for rent BuckeyeApartments for rent ChandlerApartments for rent AvondaleApartments for rent GoodyearApartments for rent Queen CreekApartments for rent El MirageApartments Near Me
Houses for rent ScottsdaleHouses for rent PhoenixHouses for rent GlendaleHouses for rent MesaHouses for rent TempeHouses for rent Fountain HillsHouses for rent Litchfield ParkHouses for rent Scottsdale Industrial AirparkHouses for rent ChandlerHouses for rent SurpriseHouses for rent Paradise ValleyHouses for rent GilbertHouses for rent CarefreeHouses for rent PeoriaHouses for rent Sun CityHouses for rent near me
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Advertisement
About 1518 W 5th St #1
Excellent 2 bedroom, 1 bath townhome in Tempe. Great location near freeways, shopping, dining and entertainment (including Mill Ave, Phoenix Zoo, Tempe Beach Park, Desert Botanical Center, & more). This property provides laundry/storage, covered parking, water utility included, all fixtures update, BRAND NEW HVAC, & hard floors. The property is Territory In The Vicinity Of A Public Airport. Credit & Background will be conducted for each applicant 18 years or older. Pre-qualification requirements All applicants must meet the following criteria to be considered. Credit score: 600 or better *A minimum credit score of 600 is required for all applicants. Gross monthly income: 2× monthly rent *Gross (pre-tax) monthly income must be at least twice the monthly rent amount. Background history No judgements or evictions within 5 years *No pending judgements or evictions on record within the past 5 years.
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 1518 W 5th St, Tempe, AZ 85281, USA compares to other nearby properties.
Positives
- Extra Storage
- Upgraded in-unit features
- 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
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 85281 |
|---|---|
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Tempe
2-bedroom apartments at 1518 W 5th St #1 cost about 2% less than the average rent price for 2-bedroom apartments in Tempe.
Median rents as of Jun 20 2026.
Tempe
| Month | Median Rent |
|---|---|
| July 2024 | $1,689 |
| August 2024 | $1,686 |
| September 2024 | $1,648 |
| 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 | $1,534 |
Affordability calculator
Can I afford to live at 1518 W 5th St #1?
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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
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.| Bath | |||||
|---|---|---|---|---|---|
| 2 years ago | $1,527 | 2 bed | 1 bath | ||
| 2 years ago | $1,527 | 2 bed | 1 bath | ||
| 3 years ago | $1,100 | 2 bed | 2 bath | ||
| 8 years ago | $895 | 2 bed | 1 bath |
Schools near 1518 W 5th St #1
Scales Technology Academy
1115 w 5th st
tempe, AZ, 85281
PK, K-5Public
C+
Balsz Online Academy (B.O.A.)
4825 e roosevelt st
phoenix, AZ, 85008
K-8Public
C-
Meyer Montessori
2615 s dorsey ln
tempe, AZ, 85282
PK, K-6Public
B
Getz School
625 w cornell dr
tempe, AZ, 85283
PK, K-8Public
B
Ward Traditional Academy
1965 e hermosa dr
tempe, AZ, 85282
K-8Public
A-
Advertisement
Internet available near 1518 W 5th St #1
Neighborhood
Getting around Tempe near 1518 W 5th St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1518 W 5th St #1, Tempe
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Other units at this address
1518 W 5th St, Tempe, AZ
1518 W 5th St Tempe, AZ
Occupied
BACK
2 Beds
1 Bath
$895
Carpet • In-Unit Laundry
Occupied
2 Beds, 2 Baths
2 Beds
2 Baths
$1,100
On-Site Laundry
Compare similar properties nearby
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
Mountain Park Ranch
Our team has verified this companyMountain Park Ranch • 4221 E Ray Rd
1–3 Beds
$1,332–$2,173
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
Mountain Park Ranch
Our team has verified this companyMountain Park Ranch • 4221 E Ray Rd
1–3 Beds
$1,332–$2,173
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
Check availability
Studio apartment rentals in Tempe25 listings
25 listings
1 Bedroom apartment rentals in Tempe118 listings
118 listings
2 Bedroom apartment rentals in Tempe169 listings
169 listings
3 Bedroom apartment rentals in Tempe147 listings
147 listings
2 Bedroom house rentals in Tempe40 listings
40 listings
3 Bedroom house rentals in Tempe110 listings
110 listings
Advertisement