Townhouse for rent

Pet friendly

Updated 4 Hours Ago

2027 E University Dr #118
2027 E University Dr #118, Tempe, AZ 85288, USA

Monthly rent	$2,300
Beds	3
Baths	2.5
Sqft	1,510

Monthly rent	$2,300
Beds	3
Baths	2.5
Sqft	1,510

Updated 4 Hours Ago

Highlights

Pet Friendly

Location

2027 E University Dr #118, Tempe, AZ 85288, USA

Tour 2027 E University Dr #118

Contact

Arizona Elite Properties

(480) 254-7106

Property Overview

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

Covered parking
Images available
Laundry available on site

Great for

Social life
Pet owners

Amenities for 2027 E University Dr #118

Appliances

Dishwasher	In-Unit Laundry
Microwave	Oven
Range	Refrigerator
Washer and Dryer

Community

Cats OK

Dogs OK

Grounds

Community Pool & Spa

Swimming Pool

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

Allowed

Limit1

Questions about this property’s policies and fees?

About 2027 E University Dr #118

Home

Houses in Tempe

2027 E University Dr #118, Tempe, AZ 85288, USA

LOCATION AND LIFESTYLE IN TEMPE! Welcome home to this spacious 3-bedroom, 2.5-bath townhome located in the quiet, gated community of Rio Ventana. This 1,510 sq ft home offers an open and functional floor plan designed for comfortable living and entertaining. Step outside to your own private backyard—a rare find for townhome living with plenty of room to unwind or host a weekend barbecue. Enjoy all the perks of a well-maintained gated neighborhood, including a sparkling community pool and relaxing spa just steps away, plus an attached 2-car garage with plenty of room for parking and storage. Unbeatable Tempe location just minutes from ASU, Tempe Marketplace, Tempe Town Lake, and quick access to the Loop 101 and 202 freeways for easy Valley-wide commuting. This home is the one you have been waiting for—schedule your showing today!

Property highlights

How 2027 E University Dr, Tempe, AZ 85288, USA compares to other nearby properties.

Positives

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

Address details

Zip code	85288
Type	House for rent

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Rent trends in Tempe

3-bedroom apartments at 2027 E University Dr #118 cost about the same as the average rent price for 3-bedroom apartments in Tempe.

Median rents as of Sep 26 2026.

Tempe

A table of 3-bedroom apartment rental data trends in Tempe
Month	Median Rent
October 2024	$2,296
November 2024	$2,232
December 2024	$2,161
January 2025	$2,213
February 2025	$2,228
March 2025	$2,287
April 2025	$2,328
May 2025	$2,418
June 2025	$2,396
July 2025	$2,366
August 2025	$2,313
September 2025	$2,268
October 2025	$2,214
November 2025	$2,197
December 2025	$2,209
January 2026	$2,221
February 2026	$2,213
March 2026	$2,290
April 2026	$2,371
May 2026	$2,367
June 2026	$2,311
July 2026	$2,374
August 2026	$2,388
September 2026	$2,322

Affordability calculator

Can I afford to live at 2027 E University Dr #118?

Bedrooms

3 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

$92,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 3-bedrooms monthly rent price of $2,300.

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

Check availability

Rent history

Check out the past listing prices for monthly rent at 2027 E University Dr, Tempe, AZ.
			Bath
Last month	$1,850	2 bed	2.5 bath
2 months ago	$2,400	3 bed	3 bath
3 months ago	$2,100	2 bed	2.5 bath
8 months ago	$1,995	2 bed	2.5 bath
9 months ago	$2,095	2 bed	2.5 bath
1 year ago	$1,950	2 bed	2.5 bath
1 year ago	$2,100	2 bed	2 bath
1 year ago	$1,795	2 bed	2.5 bath
2 years ago	$1,750	2 bed	2.5 bath
2 years ago	$1,750	2 bed	2.5 bath

Schools near 2027 E University Dr #118

Internet available near 2027 E University Dr #118

Getting around Tempe near 2027 E University Dr #118

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

7/10

Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10

8/10

Wide variety of bars within a short drive, including some within walking distance

Explore the area around 2027 E University Dr #118

Fuel to Fit

1900 E Apache Blvd

Spices & More Inc

1874 E Apache Blvd

Pride Gas & Groceries

1734 E Apache Blvd

Sam's Club

2080 E Rio Salado Pkwy

2 Beds

2.5 Baths

1,469 sqft

$2,095

Carpet • In-Unit Laundry • On-Site Laundry • Ceiling Fan • Outdoor Space • Walk-In Closets

Days on market: 321

Major Cross Streets are University Drive & McClintock Drive Bedrooms: 2 Bathrooms: 2.5 Sq. Footage: 1,469 Pet & Smoking Policy: Pets considered on a case-by-case basis, No Smoking ------------------------------ No Application Fees! Spacious 2 bedroom, 2.5 bathroom Tempe townhome located in the gated Rio Ventana Townhomes community. This home offers great natural lighting, vaulted ceilings, two-tone paint, tile flooring in high-traffic areas, neutral carpeting in the bedrooms and living room, and ceiling fans in each room. The open living room features vaulted ceilings and large windows that continue into the dining area, creating a bright and inviting space. The upgraded kitchen includes granite countertops, an extended island with breakfast bar, separate pantry, and stainless-steel appliances. The primary bedroom is conveniently located on the first floor and includes direct access to the backyard, a large walk-in closet, and a private attached bathroom. Additional features include an inside laundry area with washing machine and dryer, a private yard with easy-to-maintain landscaping, and a two-car garage offering ample parking and storage. Rio Ventana Townhomes offers a gated community setting with a pool and spa for resident use. Conveniently located near Loop 101 and 202 freeways, Tempe Marketplace, and Arizona State University, this home provides easy access to shopping, dining, entertainment, and major employers throughout Tempe, Mesa, and Scottsdale. 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. Complete a free application at www app denaliarizona com You can book an appointment to view this home directly on our website. Please contact our office with any questions at 480-626-4062. 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. Denali Real Estate tenants are automatically enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes Renter's Liability Insurance, Credit Building to help boost the residents credit scores with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), our best-in-class resident rewards program, and much more! Contact us for more details. Disclosure: This listing and any property descriptions contained herein are provided solely as a courtesy, based upon information supplied by the property owner. Denali Real Estate makes no warranty, guarantee, or representation of any kind -express or implie..