Apartment for rent

Dog friendly

5+ Days Ago

154 W 5th St #248
154 W 5th St #248, Tempe, AZ 85281, USA

Monthly rent	$1,795
Beds	2
Baths	2
Sqft	1,034

Monthly rent	$1,795
Beds	2
Baths	2
Sqft	1,034

5+ Days Ago

Highlights

Private balcony
Vaulted ceilings
Pool and spa
Open floor plan
Community amenities
Updated bathrooms

Location

154 W 5th St #248, Tempe, AZ 85281, USA|Downtown Tempe

Tour 154 W 5th St #248

Contact

Guardian Realty & Management, Inc

(623) 632-0139

Property Overview

Featuring a private balcony and vaulted ceilings, this residence offers an open floor plan that enhances its spacious feel. Community amenities include a pool and spa, making it an inviting environment for relaxation and social activities. Updated bathrooms add to the appeal, providing modern comforts within a desirable setting.

Things you’ll love

High school nearby
More space
Covered parking

Great for

Eco living
Social life
Pet owners

Amenities for 154 W 5th St #248, Downtown Tempe

Apartment Amenities

Balcony	Forced Air
Garage Detached	High Ceilings
Water

Appliances

In-Unit Laundry

Building

Dogs OK

Onsite Laundry

Grounds

Assigned Parking	Garage Parking
Swimming Pool

Services

Garbage

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

Parking Policy

Assigned Parking

Dog Policy

Allowed

Cat Policy

Not allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms	12+ months

About 154 W 5th St #248

Home

Apartments in Tempe

Downtown Tempe

154 W 5th St #248, Tempe, AZ 85281, USA

Sweet deal!

This listing is 24% below the median price for 2 bedroom apartments in Downtown Tempe.

Updated Hayden Square apartment in the heart of Downtown Tempe with excellent proximity to ASU! This 2-bedroom, 2-bath condooffers an open floor plan features featuring vaulted ceilings, modern kitchen finishes, and a private balcony. Both bedrooms are generously sized, withupdated bathrooms. Community amenities include a pool and spa. One garage space and one general parking space included, a $200/mo value!

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 100 sqft larger than other listings nearby
Covered parking: Garage, covered, or indoor parking is available at this address
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

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	Apartment for rent

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Rent trends in Downtown Tempe

2-bedroom apartments at 154 W 5th St #248 cost about 24% less than the average rent price for 2-bedroom apartments in Tempe.

Median rents as of Jan 24 2026.

Downtown Tempe

Tempe

A table of 2-bedroom apartment rental data trends in Tempe
Month	Median Rent
February 2024	$1,625
March 2024	$1,630
April 2024	$1,625
May 2024	$1,651
June 2024	$1,692
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	$1,593

A table of 2-bedroom apartment rental data trends in Downtown Tempe
Month	Median Rent
February 2024	$2,852
March 2024	$2,913
April 2024	$2,669
May 2024	$2,616
June 2024	$2,183
July 2024	$2,262
August 2024	$1,834
September 2024	$1,703
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

Affordability calculator

Can I afford to live at 154 W 5th St #248?

Bedrooms

2 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

$71,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $71,800 annually to afford this 2-bedrooms monthly rent price of $1,795.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 154 W 5th St, Tempe, AZ.
			Bath
This month	$2,400	3 bed	2 bath
4 months ago	$2,700	3 bed	2 bath
6 months ago	$1,725	2 bed	2 bath
6 months ago	$2,299	3 bed	2 bath
6 months ago	$2,299	3 bed	2 bath
6 months ago	$1,700	2 bed	2 bath
8 months ago	$2,700	3 bed	2 bath
8 months ago	$1,975	2 bed	2 bath
8 months ago	$2,495	3 bed	2 bath
10 months ago	$1,800	2 bed	2 bath

Schools near 154 W 5th St #248

Internet available near 154 W 5th St #248

Getting around Tempe near 154 W 5th St #248

Walking

6/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10

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

Cycling

8/10

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

Transit

8/10

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

Points of interest for 154 W 5th St #248, Tempe

Groceries

9/10

At least one supermarket within a 5-minute walk

Shopping

6/10

Several shops within a few minutes’ walk

Cafes

6/10

Some cafés within a few minutes’ walk

Restaurants

8/10

Variety of restaurants within a few minutes' walk

Primary schools

5/10

At least one elementary school within a 20-minute walk

High schools

3/10

At least one high school within a 30-minute walk

Parks

9/10

Very large amount of park space within a few minutes' walk

Nightlife

10/10

Exceptional variety of bars right within a few minutes’ walk

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154 W 5th St, Tempe, AZ

154 W 5th St Tempe, AZ

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Listed by Austen Nedd

Days on market: 199

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.

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Listed by PRS Team C

Days on market: 210

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

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Listed by Denali Real Estate, LLC

Days on market: 1013

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.

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Days on market: 2676

---- 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

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Listed by PRS Property Management

Days on market: 2412

---- 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