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Updated 1 Day Ago

Highlights

  • Coveted neighborhood location
  • Pet-friendly
  • Exquisite apartment homes

Location

426 W 5th St, Tempe, AZ 85281, USA|Riverside
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Tour Dwell at 5th and Farmer

Contact

Management

TerraLane at South Mountain

Leasing office

(480) 566-1250

Open 

Monday 9:00 am–5:00 pm MST

Property Overview

Dwell at 5th and Farmer offers a strong overall rental experience, with an 8/10 Zumper Expert Rating, competitive value, solid amenities, and a highly rated location. It stands out for its coveted neighborhood setting, pet-friendly environment, and exquisite apartment homes, along with easy transit access, walkability, and a lively nearby dining and cultural scene.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, Dwell at 5th and Farmer is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Dwell at 5th and Farmer has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space

Great for

  • Social life

Floor plans

0 Bed/1 BathStudio1 bath363 sqft$1,124–$1,174 /mo7 units available
0 Bed/1 BathStudio1 bath626 sqft$1,216–$1,528 /mo
0 Bed/1 BathStudio1 bath543 sqft$1,225–$1,275 /mo5 units available
0 Bed/1 BathStudio1 bath592 sqft$1,297 /mo
0 Bed/1 BathStudio1 bath626 sqft$1,528 /mo
1 Bed/1 Bath1 bed1 bath669 sqft$1,428–$1,478 /mo5 units available
1 Bed/1 Bath1 bed1 bath669 sqft$1,453 /mo
1 Bed + Den1 bed1 bath782 sqft$1,593 /mo3 units available

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Deposit

One-time. Refund Policy: 100%.

Contact Property

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units128
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About Dwell at 5th and Farmer

HomeApartments in TempeRiverside Dwell at 5th and Farmer

Your Ideal Space Starts Here! The studio and 1 bed 1 bath apartment for rent options at Dwell @ 5th and Farmer bring upscale, connected living to the heart of Downtown Tempe. Every thoughtfully designed floor plan features open layouts, warm vinyl plank flooring, stainless steel appliances, and quartz countertops. Prime Downtown Tempe Location! Situated just steps from Mill Avenue, residents enjoy easy access to Arizona State University, ASU sports arenas, Tempe Beach Park, and light rail stations. This central location places you near the best shopping, dining, and entertainment Tempe has to offer.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, Dwell at 5th and Farmer is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Dwell at 5th and Farmer has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Dwell at 5th and Farmer
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Dwell at 5th and Farmer stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Dwell at 5th and Farmer is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Dwell at 5th and Farmer is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Dwell at 5th and Farmer does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Dwell at 5th and Farmer provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Dwell at 5th and Farmer is great for:

Social life

  • Areas nearby are accessible by walking
  • 203 restaurants within 1 mile of this property
  • The area has transit options
  • 77 museums, art galleries, or cultural centers within 1 mile

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 Dwell at 5th and Farmer compares to other nearby properties.

Positives

More space
Studio is 100 sqft larger than other listings nearby
More space
The 1-bedroom is 51 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Riverside

Studio apartments at Dwell at 5th and Farmer cost about 20% more than the average rent price for studios in Riverside.

1-bedroom apartments here are priced 25% higher than 1-bedrooms in Riverside.

Median rents as of Jul 25 2026.
Riverside
Tempe
A table of studio rental data trends in Tempe
MonthMedian Rent
August 2024$1,215
September 2024$1,215
October 2024$1,192
November 2024$1,135
December 2024$1,187
January 2025$1,183
February 2025$1,172
March 2025$1,185
April 2025$1,115
May 2025$1,095
June 2025$1,118
July 2025$1,086
August 2025$1,098
September 2025$1,099
October 2025$1,088
November 2025$1,030
December 2025$1,081
January 2026$1,124
February 2026$1,127
March 2026$1,122
April 2026$1,103
May 2026$1,097
June 2026$1,080
July 2026$1,032
A table of studio rental data trends in Riverside
MonthMedian Rent
August 2024$1,370
September 2024$1,557
October 2024$1,520
November 2024$1,395
December 2024$1,595
January 2025$1,595
February 2025$1,395
March 2025$1,195
April 2025$1,085
May 2025$975
June 2025$1,012
July 2025$1,059
August 2025$1,113
September 2025$1,124
October 2025$1,103
November 2025$1,035
December 2025$975
January 2026$983
February 2026$1,041
March 2026$1,214
April 2026$1,216
May 2026$1,245
June 2026$1,091
July 2026$1,091

Affordability calculator

Can I afford to live at 426 W 5th St?

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

$48,640/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,640 annually to afford this studio median monthly rent price of $1,216.
For more information on rent affordability, visit our rent calculator.

Schools near Dwell at 5th and Farmer

Scales Technology Academy

1115 w 5th st

tempe, AZ, 85281

PK, K-5Public
C+

Meyer Montessori

2615 s dorsey ln

tempe, AZ, 85282

PK, K-6Public
B

Balsz Online Academy (B.O.A.)

4825 e roosevelt st

phoenix, AZ, 85008

K-8Public
C-

Ward Traditional Academy

1965 e hermosa dr

tempe, AZ, 85282

K-8Public
A-

Getz School

625 w cornell dr

tempe, AZ, 85283

PK, K-8Public
B
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Internet available near Dwell at 5th and Farmer

Getting around Tempe near 426 W 5th St

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

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 426 W 5th St, Tempe

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

6/10
Variety of bars within walking distance

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