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Apartments for Rent in Downtown Tempe, Tempe, AZ

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Residences on Farmer - Photo 1 of 1

10h ago

9.6

Excellent

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Verified

Residences on Farmer

615 S Farmer Ave, Tempe, AZ 85281

In-unit laundry

2 beds

2 baths

$2,431–$2,735

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707 S Farmer Ave - Photo 1 of 1

1d ago

8.7

Very good

Our team has verified this company

Verified

707 S Farmer Ave

707 S Farmer Ave, Tempe, AZ 85281

Furnished

Studio–2 beds

1–2 baths

$1,800–$2,560

154 W 5th St #150 - Photo 1 of 1

2d ago

Downtown Tempe townhouse for rent in Tempe

Residential Lease, Tempe, AZ

154 W 5th St #150, Tempe, AZ 85281

In-unit laundry | Storage | Dishwasher

2 beds

2 baths

$1,675

120 E Rio Salado Pkwy #206 - Photo 1 of 1

5d+ ago

Downtown Tempe house for rent in Tempe

1 bed

1.5 baths

$2,745

140 E Rio Salado Pkwy - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

Tempe - 2 bed/2 bath on the Lake - Some utilities included! 2 parking spaces! ASU

140 E Rio Salado Pkwy, Tempe, AZ 85281

In-unit laundry | Garage parking | On-site laundry

2 beds

2 baths

$2,850

154 W 5th St #247 - Photo 1 of 1

5d+ ago

Downtown Tempe townhouse for rent in Tempe

Residential Lease, Tempe, AZ

154 W 5th St #247, Tempe, AZ 85281

In-unit laundry | Balcony | Swimming pool

3 beds

2 baths

$2,395

Find rentals with popular amenities

In-Unit Laundry

Dishwasher

High Ceilings

Swimming Pool

154 W 5th St #250 - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

Residential Lease, Tempe, AZ

154 W 5th St #250, Tempe, AZ 85281

In-unit laundry | On-site laundry | Balcony

2 beds

2 baths

$1,995

Paseo on University - Photo 1 of 1
Rent special

1d ago

9.3

Excellent

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Verified

Paseo on University

1255 E University Dr, Tempe, AZ 85281

Garage parking | On-site laundry | Balcony

Studio–2 beds

1–2 baths

$871–$2,484

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The Vintage - Photo 1 of 1
3D tour

12h ago

9.9

Excellent

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Verified

The Vintage

1700 S College Ave, Tempe, AZ 85281

In-unit laundry | Assigned parking | Dishwasher

1–2 beds

1 bath

$1,249–$1,525

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1020 E Spence Ave #1003 - Photo 1 of 1

1d ago

Apartment for rent in Tempe

In-unit laundry | Garage parking | Balcony

3 beds

2.5 baths

$2,735

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Nearby rental good for wfh

Nearby rental good for wellness

809 W 1st St - Photo 1 of 1

2d ago

8.6

Very good

809 W 1st St

809 W 1st St, Tempe, AZ 85281

In-unit laundry | Air conditioning | Oven

2 beds

1 bath

$1,450

West 5th - Photo 1 of 1
Highly rated

1d ago

9.3

Excellent

West 5th

601 W 5th St, Tempe, AZ 85281

Air conditioning | On-site laundry | Assigned parking

2 beds

1 bath

$1,299

1260 E University Dr - Photo 1 of 1

1d ago

9.2

Excellent

Our team has verified this company

Verified

1260 E University Dr

1260 E University Dr, Tempe, AZ 85288

Furnished

1 bed

1 bath

$1,645–$2,075

Price drop

555 North College Avenue - Photo 1 of 1

22h ago

8.4

Very good

Our team has verified this company

Verified

555 North College Avenue

555 N College Ave, Tempe, AZ 85288

Furnished | Air conditioning | Garage parking

1–3 beds

1–3 baths

$2,271–$8,406

524 W Howe St - Photo 1 of 1

5d+ ago

House for rent in Tempe

The Bridger - Photo 1 of 1

3d ago

8.6

Very good

The Bridger

401 401 W. 5th St. & 508 S. Farmer Ave., Tempe, AZ 85281

Assigned parking | Oven

1 bed

1 bath

$1,099

Find sweet deals near Downtown Tempe

These rentals are 10%-30% cheaper than the local average price for similar rentals.

Welcome to The Sanctuary on Wilson - Photo 1 of 1

2d ago

8.3

Very good

Welcome to The Sanctuary on Wilson

1029 S Wilson St, Tempe, AZ 85281

1 bed

1 bath

$1,145

1 Month free!! Restrictions Apply - Photo 1 of 1

4d ago

8.3

Very good

1 Month free!! Restrictions Apply

55 W Thomas Ln, Tempe, AZ 85281

In-unit laundry | Garage parking

3 beds

2 baths

$3,395

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1409 S Mill - Photo 1 of 1

4d ago

7.8

Very good

1409 S Mill

1409 S Mill Ave, Tempe, AZ 85281

Studio–2 beds

1 bath

$900–$1,250

Listings within 5 miles
554 W 19th St - Photo 1 of 1

5d+ ago

House for rent in Tempe

554 W 19th St, Tempe, AZ 85281

In-unit laundry | Dishwasher | Microwave

4 beds

3 baths

$3,250

1433 S. Stanley Pl. - Photo 1 of 1

4d ago

8.3

Very good

1433 S. Stanley Pl.

1433 S Stanley Pl, Tempe, AZ 85281

Air conditioning | On-site laundry | Swimming pool

1 bed

1 bath

$1,045–$1,195

1001 E. Playa Del Norte Dr - Photo 1 of 1

1d ago

9.2

Excellent

Our team has verified this company

Verified

1001 E. Playa Del Norte Dr

1001 E Playa Del Norte Dr, Tempe, AZ 85288

Furnished

Studio–2 beds

1–2 baths

$1,654–$2,545

Price drop

816 W 18th St - Photo 1 of 1

3d ago

Our team has verified this company

Verified

816 W 18th St Tempe, AZ 85281

816 W 18th St, Tempe, AZ 85281

In-unit laundry | Outdoor space

3 beds

2 baths

$2,390

351 E Encanto Dr #B - Photo 1 of 1

5d+ ago

House for rent in Tempe

351 E ENCANTO DRIVE UNIT B, TEMPE AZ

351 E Encanto Dr #B, Tempe, AZ 85281

Air conditioning | On-site management | Package service

Studio

1 bath

$995

$895

Price drop

Elite - Photo 1 of 1

4d ago

8.8

Very good

Elite

1750 S College Ave, Tempe, AZ 85281

Air conditioning | On-site laundry | Swimming pool

Studio

1 bath

$1,000

Showing 1 - 25 of 25 results
Home > Apartments in Tempe > Downtown Tempe Apartments For Rent
Updated: September 12, 2026

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Downtown Tempe, Tempe, AZ apartments for rent

Renting in Downtown Tempe, Tempe, AZ at a glance

As of today, Downtown Tempe's median rent price is $1,995 per month.

Median rent

$1,995

Rentals, last 30 days

27

Rent by unit type
SizeValueYoY
All bedrooms$1,995N/A
1 bedroom$1,249N/A
2 bedroom$1,795N/A
Not sure what you can afford? Try our rent calculator

Why Downtown Tempe, Tempe is a great place to live

Downtown Tempe stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value social life and pet friendliness.

For pet owners, the area offers a range of amenities that make pet care and enjoyment effortless. From dedicated pet spaces in homes to pet-safe windows, grooming services, and regular pet events, every aspect of pet ownership is considered. The abundance of outdoor spaces, lack of breed restrictions, and access to dog parks further enhance the pet-friendly experience.

Meanwhile, for those who thrive on social interaction, Downtown Tempe is equally appealing. Its vibrant restaurant scene, dense neighborhood population, frequent transit options, well-developed street infrastructure, and emphasis on safety create an ideal environment for going out and connecting with others. Whether you're looking for a place to call home that accommodates your pets or fuels your social life, Downtown Tempe is a compelling choice.

Frequently asked questions

What is the average rent for a 1-bedroom apartment Downtown Tempe, Tempe, AZ?

Based on Zumper's July 2026 data, one-bedroom apartments in Downtown Tempe average around $2,170/month, down 7.9% year over year.

What is the average rent for a 2-bedroom apartment Downtown Tempe, Tempe, AZ?

Based on Zumper's July 2026 data, two-bedroom apartments in Downtown Tempe average approximately $2,480/month, up 10.1% year over year.

What is the average rent for a 3-bedroom apartment Downtown Tempe, Tempe, AZ?

Based on Zumper's July 2026 data, three-bedroom apartments in Downtown Tempe average around $2,570/month, down 4.5% year over year.

How much does it cost to rent an apartment in Downtown Tempe, Tempe, AZ?

Based on Zumper's July 2026 data, Downtown Tempe apartments average around $2,210/month across all property types, down 4.5% from this time last year.

What is the average apartment size in Downtown Tempe, Tempe, AZ?

Based on our current listings, apartments in Downtown Tempe average around 1,003 sqft across all unit types, with studios at about 602 sqft and three-bedrooms running larger at close to 1,381 sqft.

What type of apartment is most common in Downtown Tempe, Tempe, AZ?

Based on our current inventory, one-bedroom apartments are the most common rental type in Downtown Tempe, with about 10 listings available monthly out of approximately 24 total units.

What type of apartment is least common inDowntown Tempe, Tempe, AZ?

Based on our current listings, both three-bedroom apartments and studios are the least common rental types in Downtown Tempe, each averaging about 3 listings per month.

Methodology: How we got this data

Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2026 rental inventory and prices.

Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.

Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.

Looking for apartments in Downtown Tempe, Tempe, AZ near you?

Downtown Tempe, Tempe, AZ rental availability
🔑Available apartment rentals25
💰Best rent deal1255 E University Dr
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos