Apartment for rent

Pet friendly

Updated 5 Hours Ago

9.3

Excellent

Verified

Paseo on University Apartments
1255 E University Dr, Tempe, AZ 85281, USA

MIG Real Estate, LLCOur team has verified this company

1255 E University Dr, Tempe, AZ 85281, USA

9.3

Excellent

Verified

Monthly rent	$965–$2,442
Beds	Studios–2
Baths	1–2
Sqft	493–848

Monthly rent	$965–$2,442
Beds	Studios–2
Baths	1–2
Sqft	493–848

OFFER:

Same Day Look & Lease Special! Receive up to 8 WEEKS FREE RENT on all floorplans for immediate move-ins now through July 31st! Receive up to 4 WEEKS FREE RENT on all floorplans for July move-ins!

Updated 5 Hours Ago

(520) 567-4959

Highlights

Rent Special
Pet Friendly

Open layout
Bark park
Modern living
Pet-friendly community
Modern designs
Shared spaces

Location

1255 E University Dr, Tempe, AZ 85281, USA

Hi! Let’s figure out if this property is right for you.

Tour Paseo on University

Contact

Managed by

Management

MIG Real Estate, LLC

Leasing office

(520) 567-4959

Open

9:00 am–6:00 pm MST

Property Overview

Paseo on University earns a strong 9.3 overall rating, with standout marks for amenities, location, and quality, along with competitive value and a high level of trustworthiness. It offers open, modern, pet-friendly living with shared spaces and a bark park, plus appealing nearby conveniences for fitness, social life, and remote work.

Zumper Expert Rating

9.3

Excellent

Paseo on University is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.

Things you’ll love

Less expensive
Middle school nearby
Images Available

Great for

Social life
Pet owners
Wellness

Floor plans

Studio Apartment Near ASU Tempe	Studio	1 bath	493 sqft	$1,025–$2,442 /mo	7 units available	Looking for a smart, efficient space? Our studio apartments near ASU offer modern living with everything you need in one open layout.
1 Bedroom Apartment Near ASU Tempe	1 bed	1 bath	643 sqft	$965–$1,936 /mo	72 units available	Explore comfortable and stylish one-bedroom student apartments at Paseo on University, perfect for independent living near ASU.
2 Bedroom Apartment Near ASU Tempe	2 bed	1 bath	848 sqft	$1,168–$1,649 /mo	2 units available	Browse two-bedroom apartment options designed for student roommates. Enjoy shared spaces with the privacy you need.
2 Bedroom 2 Bath Apartment Near ASU Tempe	2 bed	2 bath	643+ sqft	$1,208–$1,917 /mo	91 units available	Live with a friend and still enjoy your own bathroom. Our two-bedroom, two-bath apartments are great for roommates who value comfort and privacy.

Let's explore this property.

Amenities for Paseo on University

Apartment Amenities

Balcony	Courtyard and Pool View
LED lighting	Private Patio/Balcony
Wood-style Flooring

Appliances

Stainless Steel Appliances

Tech

High-Speed Internet

Building

Business Center	Cats OK
Controlled Access	Dogs OK
Fitness Center	Onsite Laundry
Recreation Room	Residents Lounge

Grounds

Assigned Parking	Garage Parking
Gated Property	Outdoor Fire Pit with Seating Area
Outdoor Space	Pet-Friendly Community
Storage	Swimming Pool

Services

On-Site Maintenance

Neighborhood

Convenient Access to Major Freeway

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

OPTIONAL FEES

Parking Policy

Assigned Parking

Garage Parking

Dog Policy

Allowed

Limit2

Cat Policy

Allowed

Limit2

Cat

Cat Deposit

One-time. 2 cats max. Refund Policy: $300.00.

$300

Cat Fee

One-time. Refund Policy: Non-refundable.

$300

Cat Rent

Monthly. Refund Policy: Non-refundable.

$35

Dog

Dog Deposit

One-time. 2 dogs max. Refund Policy: $300.00.

$300

Dog Fee

One-time. Refund Policy: Non-refundable.

$300

Dog Rent

Monthly. Refund Policy: Non-refundable.

$35

Questions about this property’s policies and fees?

Building details

Property details

Units	510

About Paseo on University

Home

Apartments in Tempe

Paseo on University

Located just off the University Drive and about a mile from Mill Avenue, Paseo on University is close to the growing Marina Heights and Tempe Town Lake. Here, you will choose your home from a selection of one- and two-bedroom floor plans, all with the finishing touches in place. Each unit at Paseo features contemporary furnishings and modern designs in our common areas. Take a dip in one of our three refreshing pools. Enjoy a vigorous workout in the fitness and conditioning lounge. Curl up with your tablet or rock to some beats in your new pad. Paseo is a pet-friendly community with an incredible bark park in place for your furry companions. Nearby you’ll find a variety of entertainment and shopping options, with Tempe Marketplace and Arizona Mills Mall, all around 10-15 minutes away. Set right in the heart of Tempe, Paseo on University presents your chance to enjoy an easygoing lifestyle with more than enough nearby to keep you feeling exhilarated and fully arrived.

Zumper Expert Rating

9.3

/10

Excellent

How we rated Paseo on University

Price·8

Scoring a 8/10, Paseo on University is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.

Amenities·10

Paseo on University stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.

Location·10

Paseo on University offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.

Quality·10

Paseo on University has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Paseo on University.

Trustworthiness·9

Paseo on University has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Paseo on University is great for:

Social life

257 restaurants within 1 mile of this property
Community gathering spaces on-site (lounges, rooftops, etc.)
A bustling neighborhood
22 local event hubs within 1 mile

Pet owners

Outdoor spaces are available at this property
1 pet supply store near the property

Wellness

On-site fitness center or gym
On-site pool or spa
52 gyms or yoga centers nearby
On-site fitness or wellness programs

Property highlights

How Paseo on University compares to other nearby properties.

Positives

Less expensive: Studio units are cheaper than other similar listings nearby
Less expensive: The 1-bedrooms are cheaper than other similar listings nearby
Less expensive: The 2-bedrooms are cheaper than other similar listings nearby
Middle school nearby: There is a middle school 0.4 mile away
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
Outdoor space: Easy access to the outdoors

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Rent trends in Tempe

Studio apartments at Paseo on University cost about 3% less than the average rent price for studios in Tempe.

1-bedroom apartments here are priced 21% lower than 1-bedrooms in Tempe.

If you decide to upgrade your space, you can expect 2-bedrooms at Paseo on University to be 23% less than the average for similarly sized apartments in Tempe.

Median rents as of Jul 18 2026.

Tempe

A table of studio rental data trends in Tempe
Month	Median Rent
August 2024	$1,216
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	$1,043

Affordability calculator

Can I afford to live at 1255 E University Dr?

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

$41,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this studio monthly rent price of $1,025.

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

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