Highlights
Pet Friendly
- Modern interiors
- Full kitchens
Nearby rentals
Renter hub
Property management
Located in a vibrant community, this property features modern interiors and full kitchens, enhancing its appeal. With strong environmental sustainability factors like nearby public transit, on-site recycling, and walkability, it promotes an eco-friendly lifestyle. Additionally, the proximity to parks, a top-rated elementary school, and a pet supply store adds to its attractiveness for those seeking a well-rounded living experience.
Things you’ll love
Great for
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Central Air Conditioning | Tile Floors |
Appliances
| Dishwasher | Electric Stove/Oven |
| In-Unit Laundry | Refrigerator |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
Contact for more information on pet policy.
Questions about this property’s policies and fees?

Lease Today from Arizona's #1 Rated MULTIfamily Property Management Company Welcome home to a community of charming single-family residences designed for comfortable living. Choose from our 4-bedroom homes, perfect for families or roommates needing extra space, or our 2-bedroom homes, ideal for those seeking a cozy retreat. Each home includes modern interiors, full kitchens, and inviting living areas that make every day feel like home. The property is approximately three-quarters of a mile from downtown and Arizona State University, and less than a mile from major freeway access points. Conveniently located near a variety of shopping, dining, and entertainment options, this community offers an ideal blend of comfort and accessibility. 505 S Margo Drive is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. When you move in with us, you can skip paying a security deposit and keep the cash for activities you care about. Learn more about the benefits of deposit-free living with Obligo’s myobligo com Lease Terms: 12-month lease Water, sewer, and trash fees included Application fee: $50 (each person 18+ years old) Rent per month: $2,400 Security deposit: $2,400 One-time Move In fee: $200 Resident Benefits Package per month: $45 (non-negotiable) https getmultifamilypm com resident-benefit-package Interested to Apply? Application Criteria: https getmultifamilypm com how-to-apply Online Application Form: https getmultifamilypm managebuilding com Resident rental-application new Pet Policy: https getmultifamilypm com pet-policy Schedule a Self-showing here: https showmojo com l 0d6edd8087
How 505 S Margo Dr compares to other nearby properties.
Positives
Considerations
| Neighborhood | Sunset |
|---|---|
| Zip code | 85281 |
| Type | House for rent |
4-bedroom apartments at 505 S Margo Dr cost about 20% less than the average rent price for 4-bedroom apartments in Tempe.
| Month | Median Rent |
|---|---|
| November 2023 | $2,671 |
| December 2023 | $2,648 |
| January 2024 | $2,722 |
| February 2024 | $2,734 |
| March 2024 | $3,009 |
| April 2024 | $3,099 |
| May 2024 | $3,233 |
| June 2024 | $3,460 |
| July 2024 | $3,248 |
| August 2024 | $3,077 |
| September 2024 | $2,886 |
| October 2024 | $2,799 |
| November 2024 | $2,728 |
| December 2024 | $2,736 |
| January 2025 | $2,738 |
| February 2025 | $2,770 |
| March 2025 | $3,159 |
| April 2025 | $3,447 |
| May 2025 | $3,208 |
| June 2025 | $2,996 |
| July 2025 | $2,851 |
| August 2025 | $2,796 |
| September 2025 | $2,746 |
| October 2025 | $2,697 |
| Month | Median Rent |
|---|---|
| March 2024 | $3,061 |
| April 2024 | $2,999 |
| May 2024 | $2,999 |
Can I afford to live at 505 S Margo Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$96,000/yr
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