Highlights
Pet Friendly
- Quartz countertops
- Prime location
- Stainless steel appliances
- Stylish interiors
- Pet-friendly community
- In-unit washer & dryer
Location
Tour 704 W 5th St #720B
Contact
Acora Asset Management
Nearby rentals
Renter hub
Property management
Acora Asset Management
Located in a vibrant area of Tempe, this property offers convenient access to local amenities and attractions. Its modern design and spacious layout enhance living comfort, while the desirable location makes it appealing for both investment and personal use. Additionally, the proximity to public transport and recreational spaces adds to its overall attractiveness.
Things you’ll love
Great for
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Newly Remodeled | Porcelain Tile Flooring |
| Spacious Closet | Upgraded Bathroom |
| Upgraded Countertops |
Appliances
| In-Unit Laundry | Stackable Washer & Dryer |
| Stainless Steel Appliances |
Building
| Cats OK | Dogs OK |
| No Smoking | Wheelchair Accessible |
Grounds
| Assigned Parking | Outdoor Space |
Services
| On-Site Management |
Neighborhood
| Arizona State University | ASU |
| Desert Botanical Garden | Interstate 10 |
| Moments from Mill Avenue | One Mile Drive to 202 |
| Phoenix Sky Harbor | Tempe Town Lake |
Other
| Culinary Dropout |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Coming Available April 17th, 2026! *MOVE IN SPECIAL! 1ST MONTH FREE WHEN SIGNING A 13-MONTH OR 18-MONTH LEASE!* Parkview on 5th – Renovated 2 Bed 2 Bath in Central Tempe, Moments from ASU, Mill Avenue & Jaycee Park PLEASE ONLY INQUIRE IF YOU MEET THE FOLLOWING QUALIFICATIONS: -No smokers -No crimes against children -No evictions or bankruptcies within 60 months of application date -Household income must be at least 3x the monthly rent (proof of income required) -Full credit and criminal background checks are conducted by Acora Asset Management LLC in compliance with all Fair Housing Laws VIRTUAL TOUR Take A Virtual Tour! : https my matterport com show ?m=cQPETk5zdsc ABOUT THE PROPERTY Welcome to Parkview on 5th, a quiet boutique apartment community in the heart of Tempe, just steps from Jaycee Park and Arizona State University. Enjoy stylish interiors and convenient access to everything Tempe has to offer — without the hefty price tag of nearby mega complexes. PRIME LOCATION Located near: -Mill Avenue & ASU -Tempe Marketplace -Phoenix Zoo & Desert Botanical Gardens -Culinary Dropout, Zipps, Blaze Pizza, Cartel Coffee, Chop Shop, and more -Less than a mile from the 202 freeway for quick Valley-wide access UNIT FEATURES Renovated 2 bed 2 bath unit includes: -Stackable in-unit washer & dryer -Porcelain tile flooring -Stainless steel appliances -Quartz countertops -Updated kitchen cabinets -Modern tile backsplash COMMUNITY AMENITIES -Beautiful updated landscaping -Across from Jaycee Park -Central Tempe location near dining, recreation, and entertainment PET POLICY -Pet-friendly community -$25/month -One-time $150 pet fee -Pet charges are flat, not per animal -Limit of up to 3 pets UTILITIES -Residents responsible for APS Electric -Residents responsible for Southwest Gas -Utility Reimbursement Charge: $75/month (Water, Sewer, and Trash) LEASE TERMS & PRICING -Rent: $1,295/month -Security Deposit: $1,000 (On Approved Credit/Approved Application) -Application Fee: $65 per applicant -Resident Services Charge: 2% of monthly rent -Renter’s insurance required -Lease Terms: 12, 13, or 18 months -For more information, call us at 602-638-3300 or visit AcoraAM. com to apply today! Offered exclusively by Acora Asset Management LLC Designated Broker: Colin Ralls *MOVE IN SPECIAL! 1ST MONTH FREE WHEN SIGNING A 13-MONTH OR 18-MONTH LEASE!* NOW ACCEPTING APPLICATIONS!
How 704 W 5th St, Tempe, AZ 85281, USA compares to other nearby properties.
Positives
| Neighborhood | Riverside |
|---|---|
| Zip code | 85281 |
| Type | Apartment for rent |
2-bedroom apartments at 704 W 5th St #720B cost about 7% less than the average rent price for 2-bedroom apartments in Tempe.
| Month | Median Rent |
|---|---|
| March 2024 | $1,638 |
| 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 | $1,588 |
| February 2026 | $1,570 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,429 |
| April 2024 | $1,473 |
| May 2024 | $1,475 |
| June 2024 | $1,457 |
| July 2024 | $1,492 |
| August 2024 | $1,496 |
| September 2024 | $1,392 |
| October 2024 | $1,400 |
| November 2024 | $1,493 |
| December 2024 | $1,427 |
| January 2025 | $1,455 |
| February 2025 | $1,559 |
| March 2025 | $1,608 |
| April 2025 | $1,514 |
| May 2025 | $1,420 |
| June 2025 | $1,394 |
| July 2025 | $1,442 |
| August 2025 | $1,568 |
| September 2025 | $1,744 |
| October 2025 | $1,768 |
| November 2025 | $1,587 |
| December 2025 | $1,462 |
| January 2026 | $1,589 |
| February 2026 | $1,608 |
Can I afford to live at 704 W 5th St # 724 #720B?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$51,800/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $995 | Studio | 1 bath | ||
| 2 months ago | $895 | Studio | 1 bath | ||
| 3 months ago | $1,095 | 1 bed | 1 bath | ||
| 4 months ago | $1,295 | 2 bed | 1 bath | ||
| 10 months ago | $1,295 | 1 bed | 1 bath | ||
| 10 months ago | $1,395 | 2 bed | 1 bath | ||
| 1 year ago | $1,295 | 1 bed | 1 bath | ||
| 1 year ago | $1,595 | 2 bed | 2 bath | ||
| 5 years ago | $1,095 | 1 bed | 1 bath |
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Riverside | Tempe, AZ
Occupied
Studio
1 Bath
$895
Air Conditioning • In-Unit Laundry • Ceiling Fan
Occupied
Studio
1 Bath
$895
In-Unit Laundry • Ceiling Fan • Assigned Parking • Outdoor Space
Occupied
Studio
1 Bath
$995
In-Unit Laundry • On-Site Laundry • Ceiling Fan • Outdoor Space • Air Conditioning
Occupied
1 Bed
1 Bath
$1,075
Air Conditioning • In-Unit Laundry • Assigned Parking
Occupied
1 Bed
1 Bath
$1,095
In-Unit Laundry • Assigned Parking
Occupied
1 Bed
1 Bath
$1,095
Air Conditioning • In-Unit Laundry • Ceiling Fan
Occupied
1 Bed
1 Bath
$1,095
In-Unit Laundry • Assigned Parking • On-Site Laundry • Ceiling Fan • Furnished • Outdoor Space
Occupied
1 Bed
1 Bath
$1,095
In-Unit Laundry • On-Site Laundry • Ceiling Fan • Furnished • Outdoor Space • Air Conditioning
Occupied
1 Bed
1 Bath
$1,295
In-Unit Laundry • Assigned Parking • Ceiling Fan • Furnished • Outdoor Space • Air Conditioning
Occupied
1 Bed
1 Bath
$1,295
In-Unit Laundry • Assigned Parking • Ceiling Fan • Furnished • Outdoor Space • Air Conditioning
Occupied
2 Beds
1 Bath
$1,295
In-Unit Laundry • Assigned Parking • Ceiling Fan • Outdoor Space • Air Conditioning
Occupied
2 Beds
1 Bath
$1,395
In-Unit Laundry • Assigned Parking • Ceiling Fan • Outdoor Space • Air Conditioning
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