Condo for rent

Updated 5+ Days Ago

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

Monthly rent	$1,995–$2,300
Beds	2–3
Baths	2
Sqft	1,034–1,273

Condo for rent

Updated 5+ Days Ago

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

Condo for rent

Monthly rent	$1,995–$2,300
Beds	2–3
Baths	2
Sqft	1,034–1,273

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

Condo for rent

Monthly rent	$1,995–$2,300
Beds	2–3
Baths	2
Sqft	1,034–1,273

Updated 5+ Days Ago

2 Bed 2 bath unit

Address details

Units	45
Units available	3
Neighborhood
City
Zip code	85281

Property Overview

Conveniently located with nearby schools, abundant photo coverage, and strong value per square foot, the home also offers stainless appliances, a walk-in closet, washer/dryer, and dual pane windows. It stands out for fitness and wellness access, pet-friendly features, and a lively setting with many restaurants, cultural venues, and local gathering spots nearby.

Things you’ll love

High school nearby
More space
Covered parking

Great for

Wellness
Social life
Pet owners

Highlights

walk-in closet
stainless appliances
washer/dryer
dual pane windows

Units

154 W 5th St, Tempe, AZ

154 W 5th St Tempe, AZ

Show occupied

Available

250

2 Beds

2 Baths

1,034 sqft

$1,995

Carpet • Dishwasher • High Ceilings • On-Site Laundry • Balcony • In-Unit Laundry

Available

140

2 Beds

2 Baths

1,095 sqft

$2,200

Deck • In-Unit Laundry • Ceiling Fan

Available

233

3 Beds

2 Baths

1,273 sqft

$2,300

Assigned Parking • Dishwasher • High Ceilings • Carpet • In-Unit Laundry

Occupied

142

1 Bed

1 Bath

666 sqft

$1,450

Fireplace • Microwave • Hardwood Floor • Air Conditioning • Deck • Dishwasher

Listed by Austen Nedd

Days on market: 380

Experience urban living at its finest in this stylish one-bedroom, one-bathroom condo located at 154 W 5th St Unit 142, Tempe, AZ 85281. Priced affordably at just $1450 per month, this sleek residence offers a perfect blend of comfort and convenience. ✨ Key Features: ✨ 🏙️ Prime Location: Situated in the heart of Tempe, this condo is just a stone's throw away from ASU and the lively Mill Avenue. Embrace the vibrant energy of the city while enjoying the tranquility of your home. 🏊 Community Pool: Beat the Arizona heat in the refreshing community pool. Whether you're lounging by the water or taking a leisurely swim, the pool provides a perfect oasis right at your doorstep. 🍳 Modern Kitchen: Discover the joy of cooking in the contemporary kitchen equipped with sleek stainless steel appliances. Prepare gourmet meals and entertain guests with ease in this stylish culinary space. 🛏️ Spacious Bedroom: Unwind in the comfort of a generously sized bedroom, offering ample space for relaxation and rest. The condo is thoughtfully designed to provide you with the utmost comfort and privacy. 🌆 Nearby Entertainment: With ASU and Mill Ave just moments away, you'll have access to a myriad of restaurants, shops, and entertainment options, making every day an adventure. 🔑 Your Ideal Home Awaits! $1450.00 per month rent $1450.00 Refundable Security Deposit, $200 Admin Fee, $55 Application Fee. $300 non-refundable pet fee and $50 monthly pet rent per pet (upon owner approval). $29 monthly Energy and Preventative Maintenance Program fee which includes installation of new AC filters every 60-days. Facts and figures are provided to the best of Helios Property Management's ability but are not guaranteed to be accurate. You are encouraged to verify any fact or figure materially relevant to you and your decision to rent this home. The Landlord requires coverage of $100,000 of liability coverage per the lease agreement. This requirement can be fulfilled by either a Renters Insurance policy or a Tenant Liability policy. Equal housing opportunity.

Occupied

101

1 Bed

1 Bath

1,034 sqft

$1,474

Fireplace • Assigned Parking • Hardwood Floor • Air Conditioning • Walk-In Closets • Dishwasher

Listed by On Q Property Management

Days on market: 133

Water sewer trash included. Available Now. 1,034 Sq Ft. Water, sewer, trash included. 1 bedroom, 1 bath home in Tempe's desirable Hayden Square neighborhood. Charming kitchen includes Dishwasher, Microwave, Oven and Refrigerator, offering both functionality and convenience. Brand new recently installed windows cover the property. Separate laundry area with Washer and Dryer included. An A/C unit is also provided for added comfort. Enjoy great room living with neutral flooring throughout, creating a bright and inviting space perfect for relaxing or entertaining. The spacious bedroom offers comfortable living, complemented by a well-appointed full bath. This home includes a covered parking space and is located in the sought-after Hayden Square community. Prime Tempe location with easy access to nearby schools, parks, dining, shopping and entertainment. Pet Policy: We are not considering applicants with pets at this time. Application: $65 Application Fee Per Applicant 18 years or older (Nonrefundable). Once all required documents have been submitted by every applicant, please allow 24-72 business hours for processing. Move-in dates more than 21 days after application approval require additional approval. Lease Length: 12-month minimum (longer lease terms may be negotiable) Initial MOVE-IN Costs: Applicants may choose between a traditional security deposit or a Security Deposit Alternative program. A one-time lease preparation fee of $250 plus the first month's rent is due prior to move-in. Recurring Monthly Costs: A 4.99% administration fee applies. All on Q Property Management residents are enrolled in the Resident Benefits Package for $49. This package includes liability insurance, credit building to help boost your credit score with timely rent payments, a move-in concierge to make utility connection and home service setup simple, a Renter to Buyer program and more. All information, including advertised rent and other charges, is deemed reliable but not guaranteed and is subject to change. Attention: This property currently has an approved applicant. We are accepting backup applications and the home will remain available until the lease agreement is fully secured. Cable Satellite, Lawn, Pool, Dishwasher, Washer, Dryer, Microwave, Range Oven, Refrigerator, Fireplace, Ceiling Fan, Patio, Balcony, Window Coverings, Dining Room, Pantry, Walk In Closet & Hardwood. Provided by rentalsource com

Occupied

150

2 Beds

2 Baths

964 sqft

$1,725

Fireplace • Walk-In Closets • Dishwasher • On-Site Laundry • In-Unit Laundry • Ceiling Fan

Listed by PRS Team C

Days on market: 391

As part of the application process, it is required to first view the inside of the home in person before submitting a rental application. Applications submitted before the scheduled viewing date are not reviewed or processed. Please schedule a viewing date and time according to the available viewing calendar. Once you have viewed the inside of the property please submit the application for anyone 18 years and older who will be living at the property. We process the applications in the order we received them completed. Hayden Square townhouse in downtown Tempe Single level unit Living room with ceiling fan, fireplace and vinyl flooring Dining room area with ceiling fan and vinyl flooring Kitchen with range/oven, dishwasher, disposal, refrigerator, microwave and breakfast bar Inside laundry closet with full sized washer/dryer Master bedroom with ceiling fan and walk in closet 2 fenced patios, one covered Community pool facilities Water is included Sorry, no pets are permitted. Must have 2 years of verifiable present and/or past landlord history other than friends/family. Lease start date must be within 10 days of application approval, if vacant property. The Security Deposit, $100 non-refundable administration fee, the first months rent and 3.25% monthly administration fee are due within 24 hours of approval. This must be paid in our office by either cashiers check, money order, debit or credit cards; No Personal checks or Cash will be accepted for these move-in monies. Roommates are allowed in our properties, however more landlord history may be required especially for those properties around the ASU area. On-time rental payments are required to be made through on-line payment center to avoid payment processing fee of $25. Requirement upon approval: Full move-in monies due within 24 hours from approval. Must start lease within 10 days from being approved. Security Deposits: $1,325.00 Refundable $400.00 Non-refundable redecorating fee $100.00 one-time non-refundable admin fee

Occupied

106

2 Beds

2 Baths

957 sqft

$1,800

Walk-In Closets • Dishwasher • Carpet • In-Unit Laundry • Ceiling Fan

Listed by Denali Real Estate, LLC

Days on market: 1194

Major Cross Streets are University Drive and Mill Avenue Bedrooms: 2 Bathrooms: 2 Sq. Footage: 964 Pet & Smoking Policy: Pets considered on a case-by-case basis, No Smoking ------------------------------ No Application Fees! Completely remodeled 2 bedroom, 2 bathroom centrally located Tempe condo. This home has a number of upgrades including two-tone paint throughout, tile flooring throughout with no carpeting, ceiling fans in each room and upgraded window blinds. Beautiful kitchen with granite counter tops, upgraded cabinets, ceramic top elector range, stove top microwave, dishwasher and refrigerator. Large primary suite with walk in closet, large bedroom, private bath and separate patio. Washing machine and dryer included. Community pool offers all of the fun with none of the work. Amazing Tempe location close to ASU, Tempe Town Lake, Tempe Marketplace and great restaurants. No Application Fees! 12 Month Minimum Lease. Security Deposit is equal to one month's rent. See our criteria to rent for qualifications. All fully completed applications with all required information are reviewed and processed in the order that they are received. Processing time is typically 1-2 business days provided applicants submit all required items. Incomplete applications and any missing documents are considered incomplete and are set aside until completed. $300 refundable cleaning deposit applies. Refundable pet deposit would apply for approved pets. Pet deposits are typically a minimum of $300 per pet and will vary based on type, size, breed, age and other relevant items. We do not charge up front application fees; however, tenants to pay $40 per applicant to run background screening as we near the end of the screening process. Tenants to pay 2.9% monthly administrative fee in addition to monthly City Transaction Privilege Tax (Sales Tax). Contact us for more details. Available to show by appointment. Denali Real Estate, LLC Office: 480-626-4062 or reply to this ad. SCAM ALERT Denali Real Estate is the only authorized Agent to list this home for rent. If you find this website listed on any website by someone other than Denali Real Estate, it is likely a scam. Please report this directly to us.

Occupied

220

3 Beds

2 Baths

1,300 sqft

$1,500

Fireplace • Assigned Parking • Dishwasher • High Ceilings • On-Site Laundry • In-Unit Laundry

Listed by PRS Property Management

Days on market: 2857

---- SCHEDULE A SHOWING ONLINE AT: http showmojo com lz 29ec8dd06e ---- *Available NOW *Lease Option: 8 or 9 month lease term w/ year renewal after the first term. Downtown Tempe!!!- light and bright 3 bed 2 bath condo for rent. This coveted top unit overlooks 5th Street in a perfect location just steps away from Mill Avenue. Walking distance to ASU, light rail, Tempe Town Lake restaurants, and more. Sparkling granite countertops in kitchen and bathrooms, vaulted ceilings, washer/dryer, 2 private balconies, cozy fireplace. Outside in the common areas you will find a community pool/hot tub and BBQ grills. Rent includes one covered parking space, 2 more spaces may be obtained for an additional fee. Monthly HOA fees covered by homeowner. Sorry, no pets. Multi-level townhome in Hayden Square Complex features: HOA DUES ARE PAID BY THE OWNER. .Tile floor entry .Dining room w/ tile floor .Kitchen w/ tile floor, stainless steel appliances, stove, refrigerator, dishwasher, microwave, disposal and granite countertops. .Inside laundry room w/ full size washer and dryer included .Split bedroom floor plan and they all feature ceiling fan .One bedroom and full size and full size bathroom located on one level and tow bedrooms w/ one full size bathroom on the next level. .Double balconies- one w/ storage room .One covered parking spot included with unit- can request more spots for an additional fee through the HOA .Community pool & spa available for all residents .Sought after exterior unit- complex close to ASU, Tempe Town Lake and light rail. *Any new lease ending date will be set to expire end of July. Sorry, no pets are permitted per owner. This property owner does not participate in Section 8 housing programs. Lease start date must be within 10 days of application approval if vacant property. $100 non-refundable administration fee due at time of deposit. An additional 4% monthly administration fee is added to all rental payments. On-time rental payments are required to be made through on-line payment center to avoid payment processing fee of $15. *Security Deposits .$1200.00 Refundable .$300.00 Non-refundable redecorating fee *Please be sure to review the listing and lease term information before viewing the home. You must also view the home in person before placing a rental application as security deposits are non-refundable once paid. Thank you

Occupied

3 Beds, 2 Baths

3 Beds

2 Baths

– sqft

$1,900

Fireplace • Assigned Parking • Dishwasher • High Ceilings • On-Site Laundry • In-Unit Laundry

Listed by PRS Property Management

Days on market: 2593

---- SCHEDULE A SHOWING ONLINE AT: showmojo. com lt 29ec8dd06e ---- *Available NOW Downtown Tempe!!!- light and bright 3 bed 2 bath condo for rent. This coveted top unit overlooks 5th Street in a perfect location just steps away from Mill Avenue. Walking distance to ASU, light rail, Tempe Town Lake restaurants, and more. Sparkling granite countertops in kitchen and bathrooms, vaulted ceilings, washer/dryer, 2 private balconies, cozy fireplace. Outside in the common areas you will find a community pool/hot tub and BBQ grills. Rent includes one covered parking space, 2 more spaces may be obtained for an additional fee. Monthly HOA fees covered by homeowner. Sorry, no pets. Multi-level townhome in Hayden Square Complex features: HOA DUES ARE PAID BY THE OWNER. .Tile floor entry .Dining room w/ tile floor .Kitchen w/ tile floor, stainless steel appliances, stove, refrigerator, dishwasher, microwave, disposal and granite countertops. .Inside laundry room w/ full size washer and dryer included .Split bedroom floor plan and they all feature ceiling fan .One bedroom and full size and full size bathroom located on one level and tow bedrooms w/ one full size bathroom on the next level. .Double balconies- one w/ storage room .One covered parking spot included with unit- can request more spots for an additional fee through the HOA .Community pool & spa available for all residents .Sought after exterior unit- complex close to ASU, Tempe Town Lake and light rail. Sorry, no pets are permitted per owner. This property owner does not participate in Section 8 housing programs. Lease start date must be within 10 days of application approval if vacant property. $100 non-refundable administration fee due at time of deposit. An additional 4% monthly administration fee is added to all rental payments. On-time rental payments are required to be made through on-line payment center to avoid payment processing fee of $15. *Security Deposits .$1600.00 Refundable .$300.00 Non-refundable redecorating fee *Please be sure to review the listing and lease term information before viewing the home. You must also view the home in person before placing a rental application as security deposits are non-refundable once paid. Thank you Provided by Listanza ID 23920343

Amenities for 154 W 5th St

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

Building

Dogs Ok
Cats Ok
On-Site Laundry
Swimming Pool
On-Site Management
Elevator
Garage Parking
Outdoor Space
Storage
Business Center
Package Service
Concierge Service

Unit Amenities

Carpet
Dishwasher
High Ceilings
On-Site Laundry
Balcony
In-Unit Laundry
Ceiling Fan
Assigned Parking
Deck
Fireplace
Furnished
Air Conditioning
Microwave
Walk-In Closets
Hardwood Floor
Central Heat
Oven

Policies at 154 W 5th St

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Cat Policy

Allowed

Large Dog Policy

Allowed

Other Policy

Allowed

Small Dog Policy

Allowed

Questions about this property’s policies and fees?

About 154 W 5th St

Home

Apartments in Tempe

Downtown Tempe

154 W 5th St #250, Tempe, AZ 85281, USA

Discover the perfect blend of comfort and convenience at 154 W 5th St in Downtown Tempe, AZ. This 44-unit property offers spacious 2- and 3-bedroom homes, ranging from 1095 to 1273 square feet. Enjoy top-notch amenities, including a community pool, spa, and cozy corner fireplaces. Each unit features modern touches like stainless appliances, granite counters, and updated kitchens. Additional perks include walk-in closets, dual pane windows, and in-unit washer/dryer. Take advantage of the on-site laundry facilities and parking garage. With its prime location near top-rated schools and pet-friendly policy, this property is an ideal choice for those seeking a comfortable and convenient lifestyle. Plus, enjoy the nearby outdoor spaces and balcony patios, perfect for relaxation.

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Address details

Units	45
Units available	3
Neighborhood
City
Zip code	85281

154 W 5th St #250 is great for:

Wellness

Ample windows and natural lighting
HVAC systems available onsite
27 sports facilities (like tennis courts) nearby
39 parks nearby

Social life

233 restaurants within 1 mile of this property
This community has public spaces on site, like fitness centers or pools
83 museums, art galleries, or cultural centers within 1 mile
22 theaters, music venues, or sports arenas nearby

Pet owners

Outdoor spaces are available at this property
Tile, vinyl or hardwood floors
1 pet supply store near the property

Property highlights

How 154 W 5th St, Tempe, AZ 85281, USA compares to other nearby properties.

Positives

High school nearby: There is a high school 0.5 mile away
More space: The 2-bedroom is 105 sqft larger than other listings nearby
Covered parking: Garage, covered, or indoor parking is available at this address
Elevator: Improved accessibility 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 middle schools: The nearest middle school is farther than 1 mile away
Greater distance from grade schools: The nearest elementary 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 154 W 5th St #250 to be 18% less than the average for similarly sized apartments in Downtown Tempe.

3-bedroom apartments at 154 W 5th St #250 cost about the same as the average rent price for 3-bedroom apartments in Downtown Tempe.

Median rents as of Jul 25 2026.

Downtown Tempe

Tempe

A table of studio rental data trends in Tempe
Month	Median Rent
August 2024	$1,215
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
September 2025	$1,099
October 2025	$1,088
November 2025	$1,030
December 2025	$1,081
January 2026	$1,124
February 2026	$1,127
March 2026	$1,122
April 2026	$1,103
May 2026	$1,097
June 2026	$1,080
July 2026	$1,032

A table of studio rental data trends in Downtown Tempe
Month	Median Rent
August 2024	$959
September 2024	$850
October 2024	$916
November 2024	$885

Affordability calculator

Can I afford to live at 154 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

$83,900/yr

With your selected rent-to-income ratio, you'd ideally want to make $83,900 annually to afford this 2-bedrooms median monthly rent price of $2,097.

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 154 W 5th St, Tempe, AZ.
			Bath
This month	$2,300	3 bed	2 bath
2 months ago	$3,000	3 bed	2 bath
2 months ago	$1,650	2 bed	0 bath
2 months ago	$1,474	1 bed	1 bath
2 months ago	$1,474	1 bed	1 bath
2 months ago	$2,300	3 bed	2 bath
3 months ago	$1,650	2 bed	2 bath
3 months ago	$1,650	2 bed	2 bath
3 months ago	$1,650	2 bed	0 bath
4 months ago	$1,650	2 bed	2 bath