23 Hours Ago
Highlights
Pet Friendly
Location
406 Terry Lane, Tempe, Arizona 85281, United States|Sunset
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Contact
Capstone Realty Professionals
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Property Overview
Spacious bedrooms and comfortable rooms enhance the appeal of this property, complemented by outdoor spaces and quality flooring options. Its proximity to a top-rated elementary school and a nearby pet supply store highlights its practicality, while the abundance of 29 photos offers a clear visual insight for potential renters. With a competitive value, it ranks in the 85.25 percentile for price performance compared to surrounding properties.
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
Elementary school nearby- Less expensive
- Fireplace
Great for
Pet owners
Amenities for 406 Terry Lane, Sunset
Apartment Amenities
| Air Conditioning | Breakfast Bar |
| Central Air Conditioning | Dining Room |
| Eat-in Kitchen | Family Room |
| Fireplace | Hardwood Cabinet |
| Hardwood Floor | Living Room |
| Master Bath | One Cat Ok |
| Soaking Tub | Tenant Pays All Utilities |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
| Refrigerator | Stainless Steel Appliances |
| Stove/Oven | Washer and Dryer |
Building
| Carport | Cats OK |
| Dogs OK | No Smoking |
Grounds
| Assigned Parking | Fenced Yard |
| Outdoor Space | Two Parking Spots |
Other
| Dogs OK Up to 25 Pounds | One Year Lease |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 406 Terry Lane
Sweet deal!
This listing is 21% below the median price for 3 bedroom apartments in Sunset.
This inviting 3-bedroom, 2-bathroom home offers the perfect mix of comfort, convenience, and location—just minutes from Mill Avenue, ASU, and public transportation. With spacious interiors and a private fenced backyard, it’s ideal for both relaxing and entertaining. Key Features: Modern Living: Tile flooring throughout and a cozy fireplace in the living area. Stylish Kitchen: Eat-in kitchen with stainless steel appliances and ample wood cabinetry. Spacious Bedrooms: Comfortable rooms with plenty of natural light. Primary Suite: Features a walk-in closet and a master bath with a tub for ultimate relaxation. Convenience: In-unit washer and dryer plus nearby laundromat for extra ease. Outdoor Space: Large fenced backyard perfect for gatherings or quiet evenings outdoors. Prime Tempe Location Enjoy the best of Tempe living! Located less than a mile from Mill Avenue and Arizona State University, you’ll be close to shopping, dining, coffee spots, and public transit. Don’t miss this opportunity. Schedule a showing today and see why this home won’t stay on the market for long! -- Monthly Fee: Resident Benefit Package $49.99 Security Deposit: Equal to one months rent Cleaning Deposit: $275.00 Pet Deposit: $200.00 per pet One Time Lease Administrative Fee: $150.00 Full Master Bedroom Walk In Master Bedroom Closet
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 406 Terry Lane compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Sunset |
|---|---|
| Zip code | 85281 |
| Type | House for rent |
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Rent trends in Sunset
3-bedroom apartments at 406 Terry Lane cost about 21% less than the average rent price for 3-bedroom apartments in Tempe.
Median rents as of Nov 29 2025.
Sunset
Tempe
| Month | Median Rent |
|---|---|
| December 2023 | $2,196 |
| January 2024 | $2,210 |
| February 2024 | $2,309 |
| March 2024 | $2,356 |
| April 2024 | $2,353 |
| May 2024 | $2,346 |
| June 2024 | $2,361 |
| July 2024 | $2,332 |
| August 2024 | $2,298 |
| September 2024 | $2,300 |
| October 2024 | $2,297 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,862 |
| January 2024 | $2,778 |
| February 2024 | $2,718 |
| March 2024 | $2,497 |
| April 2024 | $2,300 |
| May 2024 | $2,527 |
| June 2024 | $2,872 |
| July 2024 | $3,033 |
| August 2024 | $2,995 |
| September 2024 | $2,722 |
| October 2024 | $2,547 |
| November 2024 | $2,463 |
| December 2024 | $2,420 |
| January 2025 | $2,395 |
| February 2025 | $2,395 |
| March 2025 | $2,437 |
| April 2025 | $2,747 |
| May 2025 | $2,719 |
| July 2025 | $2,825 |
| August 2025 | $2,745 |
| September 2025 | $2,783 |
| October 2025 | $2,599 |
| November 2025 | $2,419 |
Affordability calculator
Can I afford to live at 406 Terry Lane?
Bedrooms
3 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
$67,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,960 annually to afford this 3-bedrooms monthly rent price of $1,699.
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.| 5 years ago | $1,550 |
| 6 years ago | $1,450 |
Schools near 406 Terry Lane
Scales Technology Academy
1115 w 5th st
tempe, AZ, 85281
PK, K-5Public
C+
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-
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Internet available near 406 Terry Lane
Neighborhood
Sunset | Tempe, AZ
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Tempe near 406 Terry Lane
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
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 406 Terry Lane, Tempe
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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