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Apartments for Rent in Downtown Tempe, Tempe, AZ

Average rent

$2,172
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707 S Farmer Ave - Photo 1 of 1

5d+ ago

8

Very good

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707 S Farmer Ave

707 S Farmer Ave, Tempe, AZ 85281

Furnished | Package service

Studio–1 bed

1 bath

$1,911–$2,152

Apartment for rent

Unnamed Road - Photo 1 of 1

4h ago

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Unnamed Road, Tempe, AZ 85281

Furnished | Air conditioning | On-site laundry

1 bed

1 bath

$6,000

Apartment for rent

Description

Relax and unwind in this stylish 1-bedroom apartment located in the heart of Central Downtown Tempe. This vibrant area is home to numerous award-winning restaurants, shops, historic landmarks, and attractions. From this prime location, exploring Tempe and the surrounding region is easy and convenient. And when you're ready to wind down, simply retreat to the comfortable apartment to relax. Come relax in this 1-bedroom, 1-bathroom unit. The living space features an innovative open-concept design that blends the living and dining areas with the kitchen, creating a modern and

SALT - Photo 1 of 1
Rent special

21h ago

9.1

Excellent

SALT

260 E Rio Salado Pkwy, Tempe, AZ 85281

In-unit laundry | Air conditioning | Garage parking

Studio–3 beds

1–2 baths

$1,725–$5,383

Apartment for rent

154 W 5th St #248 - Photo 1 of 1

5d+ ago

Downtown Tempe apartment for rent in Tempe

154 W 5th St #248, Tempe, AZ 85281

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

2 beds

2 baths

$2,250

Apartment for rent

Available Aug 26

140 E Rio Salado Pkwy #201 - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

Contemporary 2b/2b w/ high ceilings large windows (Furnished)

140 E Rio Salado Pkwy #201, Tempe, AZ 85281

In-unit laundry | Furnished | Air conditioning

2 beds

2 baths

$3,200

Condo for rent

154 W 5th St #242 - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

Apartment - Tempe, AZ

154 W 5th St #242, Tempe, AZ 85281

In-unit laundry | Balcony | Assigned parking

3 beds

2 baths

$2,450

Condo for rent

Find rentals with popular amenities

Balcony

Dishwasher

High Ceilings

Swimming Pool

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

5d+ ago

Downtown Tempe house for rent in Tempe

1 bed

1 bath

$2,995

House for rent

Thrive Tempe - Photo 1 of 1

21h ago

10

Excellent

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Thrive Tempe

1137 E Orange St, Tempe, AZ 85281

On-site laundry | Swimming pool | Walk-in closets

1–2 beds

1–2 baths

$1,099–$1,399

Apartment for rent

Description

Nestled in the heart of Tempe, Arizona, Thrive Tempe Apartments welcomes you to a world of comfort, convenience, and vibrant living. Surrounded by the city's energy and vitality, our pet-friendly community offers a sanctuary where you can thrive and flourish. Step into our resort-style pool, an oasis of tranquility perfect for soaking up the warm Arizona sun. Relax on the poolside lounge chairs, sip on a refreshing beverage, and let the worries of the day melt away. Enjoy the convenience of on-site maintenance, ensuring that your living space is always in tip-top shape. L

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Paseo on University - Photo 1 of 1
Rent special

18h ago

9.9

Excellent

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Paseo on University

1255 E University Dr, Tempe, AZ 85281

Garage parking | On-site laundry | Balcony

Studio–2 beds

1–2 baths

$1,116–$3,049

Apartment for rent

Description

Looking for a smart, efficient space? Our studio apartments near ASU offer modern living with everything you need in one open layout.

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The Vintage - Photo 1 of 1
3D tour

1d ago

9.9

Excellent

Our team has verified this company

Verified

The Vintage

1700 S College Ave, Tempe, AZ 85281

In-unit laundry | Assigned parking | Dishwasher

1–2 beds

1 bath

$1,050–$1,475

Apartment for rent

Description

The Vintage offers spacious two bedroom one bathroom homes featuring stainless steel appliances, modern decor, washer and dryer in unit, lush landscaping, and so much more! Attached below is a 3D Virtual Tour: https my matterport com show ?m=CzYg3TxtbBY Apartment Highlights: • Modern Fixtures throughout • Shaker Style cabinets in Kitchen • Beautiful Quartz Counter tops • Stainless Steel Appliances • Full-size Stackable Washer/Dryer • Gorgeous Bathroom Vanity • Hardwood Flooring Community Highlights include: • Lush Landscaping • Relaxation courtyard for gatherings and ya

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Parq on 5th - Photo 1 of 1
Rent special

13h ago

9.9

Excellent

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Verified

Parq on 5th

805 W Brown St, Tempe, AZ 85281

In-unit laundry | Air conditioning | Garage parking

Studio–2 beds

1 bath

$1,032–$1,557

Apartment for rent

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1020 E Spence Ave #1004 - Photo 1 of 1

15h ago

Apartment for rent in Tempe

In-unit laundry | Garage parking | Balcony

3 beds

2 baths

$3,000

Apartment for rent

Description

This Tri-Level unit features the following: 1st level- has a small area that can be used as a small office/mudroom/bicycle storage this area leads to a private back outdoor patio. 2nd level has an Eat-in kitchen with beautiful quartz counters, stainless steel appliances, a gas stove, a large pantry, and plenty of cabinet space. The dining room and living easy have easy access to a private balcony. 3rd level - Spacious 3 bedrooms, 2.5 bath, master bedroom has a private restroom with walk-in closet. Just down the hall easy to access the washer and dryer. Private Roof Dec

1029 S Wilson St - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

1BR/1.0BA

1029 S Wilson St, Tempe, AZ 85281

Assigned parking

1 bed

1 bath

$1,295

Apartment for rent

Description

Charming 1 bedroom walking distance to ASU and Mill Ave. Fully remodeled from top to bottom. Attention to detail and quality of work shows. Custom cabinets and flat top stove look great. Be the first to live in this wonderful new unit. Semi-private front patios and off-street parking. Set up a showing with our leasing agent today, these units always go fast!!!!

West 5th - Photo 1 of 1
Highly rated

1d ago

9.1

Excellent

West 5th

601 W 5th St, Tempe, AZ 85281

Air conditioning | On-site laundry | Assigned parking

1–2 beds

1 bath

$1,499–$1,599

Apartment for rent

Description

Welcome to the West 5th Apartments, featuring 1 bedroom/1 bath & 2 bedroom/2 bath apartment homes. At West 5th you will find a spacious home, resort style amenities, and a desirable location. Walking distance from Mill Ave, Arizona State University, and Downtown Tempe! Any floor plan you choose will come with contemporary kitchen cabinets, granite counter tops in the kitchen, appliances, double pane windows, central air conditioning unit, and much more. In addition, West 5th is a very private and tranquil community with surrounding security gates limiting entry to residen

1260 E University Dr - Photo 1 of 1

2h ago

9.2

Excellent

Our team has verified this company

Verified

1260 E University Dr

1260 E University Dr, Tempe, AZ 85288

Furnished | Package service

1 bed

1 bath

$1,655–$2,166

Apartment for rent

Description

Landing’s apartments at The Hyve 4027 are designed for comfortable, easy living, with the ability to stay as long as you like. Ex

North College Avenue 555 - Photo 1 of 1

4h ago

Our team has verified this company

Verified

North College Avenue 555

S College Ave, Tempe, AZ 85281

Furnished | Air conditioning | Garage parking

1–2 beds

1–2 baths

$2,390–$4,370

Apartment for rent

Description

Welcome to this newly built Tempe condo on Town Lake, centrally located on the river and close to the greater Phoenix, Tempe, and Scottsdale areas. Perfect for leisure, spring training, and business travelers, this condo offers a refreshing pool jacuzzi and a cozy fire pit for relaxing evenings. This cozy apartment is ideal for families, groups of friends, or business travelers, offering all the amenities needed for a comfortable stay. Enjoy stunning lakefront views from the club room, a luxury fitness center, and access to Tempe Town Lake amenities. The apartment features

Find sweet deals near Downtown Tempe

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

1005 E 8th St - Photo 1 of 1

5d+ ago

House for rent in Tempe

2 beds

1 bath

$1,475

House for rent

Description

This stunning unit is a has a bedroom on the main floor plus a lofted area with a closet that can be used as a second bedroom. Two balaconies, lofted ceiling, washer and dryer. This unit is the perfect place to make home. Beautifully landscaped and offering a community pool and spa. Located within a mile of freeways and within walking distance to ASU. Close to the light rail and the shops, restaurants, and the night life of Mill Avenue *Application fees are non refundable. $65.00 per person 18+. *A 1% monthly admin fee added to the monthly rent. *A one time Move In fee

522 W Howe St - Photo 1 of 1

5d+ ago

House for rent in Tempe

House for rent

Description

Looking for a cozy, low-maintenance home in the heart of Tempe? This charming 1-bedroom, 1-bathroom residence offers the perfect blend of simplicity and convenience. Whether you're a student, commuter, or city explorer, you’ll love being just minutes from: Public transportation Shopping & dining Local parks Major commuter routes Enjoy a streamlined layout designed for easy living, plus a location that keeps you connected to everything Tempe has to offer. Irrigation: $25/month Application fee: $40/adult Application must be submitted before viewing. We work with most

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906 S Farmer Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

2BR/1.0BA

906 S Farmer Ave, Tempe, AZ 85281

2 beds

1 bath

$1,100

Apartment for rent

700 W University Dr #239 - Photo 1 of 1

5d+ ago

Riverside apartment for rent in Tempe

In-unit laundry | On-site laundry | Swimming pool

1 bed

1 bath

$1,125

Apartment for rent

Available Sep 10

Description

Don't miss this delightful 1 bedroom / 1 bathroom apartment in Tempe! This second story unit features wood-like vinyl and tile flooring throughout in addition to two-tone paint, ceiling fans, and window coverings. The eat-in kitchen comes complete with a breakfast bar and appliances including a refrigerator, oven and dishwasher. Washer/dryer included. The bedroom features a spacious closet and ensuite bathroom. Enjoy sunny Arizona at the community pool. Conveniently located in the heart of Tempe near Arizona State University and the 202, 143, and 101 freeways. Contact us t

Listings within 5 miles
The Hardy Tempe Townhome Living - Photo 1 of 1
Highly rated
3D tour

1d ago

9.6

Excellent

Our team has verified this company

Verified

The Hardy Tempe Townhome Living

909 W 2nd St, Tempe, AZ 85281

In-unit laundry | Balcony | Swimming pool

3 beds

3 baths

$2,498–$3,525

Apartment for rent

Available Sep 5

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

5d+ 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 | Package service

Studio–2 beds

1–2 baths

$1,691–$2,638

Apartment for rent

Description

Landing’s apartments at Ten01 On The Lake 4429 are designed for comfortable, easy living, with the ability to stay as long as you like. Ex

E Broadway Ln - Photo 1 of 1

4h ago

Our team has verified this company

Verified

E Broadway Ln, Tempe, AZ 85282

Furnished | Air conditioning | On-site laundry

1 bed

1 bath

$4,410

$3,400

Price drop

Apartment for rent

Description

Settle into this cozy 1-bedroom apartment located right in the heart of Downtown Tempe. With easy access to highly rated restaurants, local food spots, historic places, and popular sites, everything is within your reach. After a day of excitement, relax and rest in this wonderful place, ready for your next Tempe adventure. This apartment offers a socially and environmentally conscious living environment with top-notch customer service and unparalleled amenities. The living space features an innovative open-concept design that blends the living and dining areas with the kit

1445 S Terrace Rd #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

$1K Room For Rent, Nice House Super Close To ASU

1445 S Terrace Rd #2, Tempe, AZ 85281

In-unit laundry | Furnished | Air conditioning

1 bed

1 bath

$799

Apartment for rent

Available Aug 18

Description

We have 2 rooms available in our house and here are the details: * 3 Bed/3.5 Bath house with a backyard located within walking distance to ASU * Bedroom have their own private bathrooms and walk in closets. Downstairs common area has a shared half bath for residents and guests. * House has been a room rental popular with ASU student and younger full time local professionals for 4 years now. Great house, good shared spaces, and good parking. * Rent is $799 + 1/3 shared utilities * Internet included in the monthly rent * We are looking for a minimum 6 month lease Common area

1001 S. Mariana St. - Photo 1 of 1

3d ago

8.4

Very good

1001 S. Mariana St.

1001 S Mariana St, Tempe, AZ 85281

Studio

1 bath

$1,000

Apartment for rent

Description

Mariana Apartments Dorsey & University Tempe - ASU/Mill Ave Price $1000.00 + 25.00 for water = $1020 Monthly $800.00 Refundable Security Deposit $35.00 Application fee per person over the age of 18 Features Single-level property - no upstairs neighbors Studio apartment with massive walk-in closet 1 Bath Private, garden style building Upgraded lighting Updated countertops Dark grey wood plank flooring Open floorplan Gas range Tiled, walk-in shower Hallway storage Modern backsplash in kitchen Tons of community parking! Resident pays electric to APS Water/sewer/trash and na

Showing 1 - 25 of 25 results
Home > Apartments in Tempe > Downtown Tempe Apartments For Rent
Updated: September 5, 2025

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Learn more about renting in Downtown Tempe, Tempe, AZ

Downtown Tempe, Tempe apartment availability

Downtown Tempe's rental market offers a good selection of listings, with an average of about 48 rentals available each month. The neighborhood's inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and studio apartments, as well as some 3-bedroom options. Many of these apartments cater to pet owners, with about 80% allowing pets, including small dogs. This makes Downtown Tempe a great option for renters with furry friends. With its convenient location and amenities, Downtown Tempe is a popular choice for those looking for a vibrant and lively neighborhood to call home.

Downtown Tempe, Tempe rental market trends

Downtown Tempe's rental market has experienced a slight decline in average rent prices, with a 4.7% year-over-year decrease to $2,369 per month in 2024. However, this trend varies by bedroom count. One-bedroom apartments saw a 9.4% increase to $2,203 per month, while studios rose 12.5% to $1,770. In contrast, two-bedroom and three-bedroom apartments experienced declines of 10% and 16.4%, respectively.

Rent prices fluctuate throughout the year, with March being the most expensive month and October the least expensive. The difference between these two months is significant, with March rents averaging 17.9% higher than October. For renters looking for a deal, October may be the best time to find a more affordable option. Conversely, those seeking a specific type of apartment may face stiffer competition during the peak month of March.

Downtown Tempe, Tempe architectural style

Downtown Tempe's cityscape is characterized by its sleek, modern aesthetic, with Contemporary architecture making up the majority of properties in the area. This style is reflected in the clean lines, minimal ornamentation, and emphasis on functionality that define many of the neighborhood's buildings. As a result, renters looking for a modern living space with an urban feel will find plenty of options in Downtown Tempe, where Contemporary architecture is the prevailing style. Architectural style in Downtown Tempe,Tempe is representative of a subset of listings available on Zumper over the last few years.

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.

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 2024 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.

Downtown Tempe Apartments for rent FAQ

What is the average rent for 1 bedroom apartments for rent in Downtown Tempe, AZ?

The average rent for 1 bedroom apartments for rent in Downtown Tempe is $2155 per month. There are 4 1 bedroom apartments for rent in Downtown Tempe, AZ.

What is the average rent for 2 bedroom apartments for rent in Downtown Tempe, AZ?

The average rent for 2 bedroom apartments for rent in Downtown Tempe is $2250 per month. Currently, there are 4 2 bedroom apartments for rent in Downtown Tempe, AZ.

What is the average rent for 3 bedroom apartments for rent in Downtown Tempe, AZ?

The average rent for 3 bedroom apartments for rent in Downtown Tempe is $2700 per month. As of today, there are 3 3 bedroom apartments for rent in Downtown Tempe, AZ.

How expensive is it to rent an apartment in Downtown Tempe, AZ?

The average rent price in Downtown Tempe, AZ for a 2 bedroom apartment is $2250 per month. Downtown Tempe average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Downtown Tempe is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.

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

The average size of a 1 bedroom apartment rental in Downtown Tempe is 777 square feet. The average size of a 2 bedroom apartment rental in Downtown Tempe is 1111 square feet. The average size of a 3 bedroom apartment rental in Downtown Tempe is 1558 square feet.

Can I afford an apartment for rent in Downtown Tempe, AZ?

To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Tempe average rent prices.

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

2 bedroom apartments are the most common type of rentals in Downtown Tempe, Tempe, AZ right now.

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

Studio apartments are the least common type of rentals in Downtown Tempe, Tempe, AZ right now.

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

🔑Available apartment rentals25
💰Best rent deal522 W Howe St
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos