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Show properties that allow residents to earn extra money from hosting on Airbnb part-time. Hosting is subject to rules and restrictions. Ask property management for details.
The average rent in Downtown Tempe, Tempe, as of June 2026, is flat compared to last month but up 6.62% year-over-year.
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18h ago
Verified
Studio–2 beds
1–2 baths
$2,050–$2,810
Apartment for rent
1d ago
1 bed
1 bath
$999–$1,050
Apartment for rent
4d ago
2 beds
1 bath
$1,130
Apartment for rent
5d+ ago
Downtown Tempe condo for rent in Tempe
120 E Rio Salado Pkwy #201, Tempe, AZ 85281
In-unit laundry | Furnished | Air conditioning
1 bed
1 bath
$900
Condo for rent
5d+ ago
Downtown Tempe townhouse for rent in Tempe
1419 S Kenneth Pl #4, Tempe, AZ 85281
In-unit laundry | Garage parking | Carpet
2 beds
2.5 baths
$2,695
House for rent
5d+ ago
Downtown Tempe house for rent in Tempe
2 beds
2 baths
$4,500
$4,000
Price drop
House for rent
Swimming Pool
Outdoor Space
In-Unit Laundry
Dishwasher
5d+ ago
Downtown Tempe condo for rent in Tempe
1 bed
1.5 baths
$2,395
$2,250
Price drop
Condo for rent
Available Jun 12
5d+ ago
Downtown Tempe townhouse for rent in Tempe
1419 S Kenneth Pl #5, Tempe, AZ 85281
In-unit laundry | Garage parking | Carpet
3 beds
2.5 baths
$2,695
House for rent
Rent an Airbnb‑friendly apartment.
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extra money.Airbnb-friendly apartments allow residents to earn extra money from hosting on Airbnb part-time.
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5d+ ago
Downtown Tempe condo for rent in Tempe
154 W 5th St #236, Tempe, AZ 85281
In-unit laundry | Assigned parking | High ceilings
3 beds
2 baths
$2,300
Condo for rent
5d+ ago
Downtown Tempe condo for rent in Tempe
154 W 5th St #233, Tempe, AZ 85281
In-unit laundry | Assigned parking | High ceilings
3 beds
2 baths
$2,300
Condo for rent
5d+ ago
Downtown Tempe condo for rent in Tempe
2 beds
2 baths
$2,200
Condo for rent
Available Jun 30
5d+ ago
Downtown Tempe house for rent in Tempe
1 bed
1.5 baths
$2,995
House for rent
5h ago
Verified
Studio–2 beds
1–2 baths
$1,087–$2,381
Apartment for rent
2d ago
Verified
1–2 beds
1 bath
$1,095–$1,495
Apartment for rent
5d+ ago
Apartment for rent in Tempe
In-unit laundry | Garage parking | Balcony
3 beds
2.5 baths
$2,900
Apartment for rent
5d+ ago
Apartment for rent in Tempe
In-unit laundry | Garage parking | Balcony
3 beds
2.5 baths
$3,000
Apartment for rent
These rentals are 10%-30% cheaper than the local average price for similar rentals.
4d ago
1009 S Roosevelt St, Tempe, AZ 85281
In-unit laundry | Garage parking | Swimming pool
3 beds
1 bath
$1,699
Apartment for rent
1d ago
2 beds
1 bath
$1,299
Apartment for rent
18h ago
Verified
1 bed
1 bath
$1,895–$2,325
Apartment for rent
5d+ ago
Condo for rent in Tempe
1014 E Spence Ave #108, Tempe, AZ 85281
In-unit laundry | Air conditioning | On-site laundry
2 beds
2 baths
$1,500
Condo for rent
4d ago
1 bed
1 bath
$795
Apartment for rent
3d ago
1 bed
1 bath
$999
Apartment for rent
3d ago
2 beds
2 baths
$1,595
Apartment for rent
1d ago
Verified
Studio–2 beds
1–2 baths
$1,904–$2,795
Apartment for rent
4d ago
1–2 beds
1–2 baths
$1,199–$1,299
Apartment for rent
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One-bedroom apartments in Downtown Tempe average around $2,200 per month in 2025, representing a 2.1% increase from the previous year. These units typically offer around 880 sqft of living space.
Two-bedroom apartments in Downtown Tempe rent for around $2,400 per month in 2025, down 2.6% from 2024. These apartments average around 1,170 sqft in size.
Three-bedroom apartments in Downtown Tempe average around $2,600 per month in 2025, down 16.5% from the previous year. These larger units typically provide around 1,386 sqft of living space.
Downtown Tempe's rental market averaged around $2,300 per month across all property types in 2025, down 3.7% from 2024. Rent varies significantly by timing, with March seeing the highest prices at about 17% above October rates.
Apartments in Downtown Tempe average around 993 sqft across all unit types. Studios offer around 596 sqft while three-bedroom units provide the most space at around 1,386 sqft.
One-bedroom apartments are the most common rental type in Downtown Tempe, with about 9 listings available monthly. The neighborhood sees about 24 total listings per month across all bedroom types.
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.
Three-bedroom apartments have the fewest listings in Downtown Tempe, with about 3 available monthly. Studios are also relatively uncommon with about 4 listings per month.
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.
| 🔑Available apartment rentals | 25 |
|---|---|
| 💰Best rent deal | 1037 S Farmer Ave |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |