5+ Days Ago
Highlights
Pet Friendly
Location
505 S Margo Dr, Tempe, AZ 85281, USA|Sunset
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Amenities for 505 S Margo Dr, Sunset
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Central Air Conditioning | Tile Floors |
Appliances
| Dishwasher | Electric Stove/Oven |
| In-Unit Laundry | Refrigerator |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 505 S Margo Dr
Sweet deal!
This listing is 17% below the median price for 4 bedroom apartments in Sunset.
Lease Today from Arizona's #1 Rated MULTIfamily Property Management Company Welcome home to a community of charming single-family residences designed for comfortable living. Choose from our 4-bedroom homes, perfect for families or roommates needing extra space, or our 2-bedroom homes, ideal for those seeking a cozy retreat. Each home includes modern interiors, full kitchens, and inviting living areas that make every day feel like home. 505 S Margo Drive is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. When you move in with us, you can skip paying a security deposit and keep the cash for activities you care about. Learn more about the benefits of deposit-free living with Obligo’s myobligo com Lease Terms: 12-month lease Water, sewer, and trash fees included Application fee: $50 (each person 18+ years old) Rent per month: $2,500 Security deposit: $2,500 One-time Move In fee: $200 Resident Benefits Package per month: $45 (non-negotiable) https getmultifamilypm com resident-benefit-package Interested to Apply? Application Criteria: https getmultifamilypm com how-to-apply Online Application Form: https getmultifamilypm managebuilding com Resident rental-application new Pet Policy: https getmultifamilypm com pet-policy Schedule a Self-showing here: https showmojo com l 0d6edd8087
Address details
| Neighborhood | Sunset |
|---|---|
| Zip code | 85281 |
| Type | House for rent |
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Rent trends in Sunset
4-bedroom apartments at 505 S Margo Dr cost about 17% less than the average rent price for 4-bedroom apartments in Sunset.
Median rents as of Oct 18 2025.
Sunset
Tempe
| Month | Median Rent |
|---|---|
| November 2023 | $2,678 |
| December 2023 | $2,648 |
| January 2024 | $2,722 |
| February 2024 | $2,734 |
| March 2024 | $3,009 |
| April 2024 | $3,099 |
| May 2024 | $3,233 |
| June 2024 | $3,460 |
| July 2024 | $3,248 |
| August 2024 | $3,077 |
| September 2024 | $2,886 |
| October 2024 | $2,799 |
| November 2024 | $2,728 |
| December 2024 | $2,736 |
| January 2025 | $2,738 |
| February 2025 | $2,770 |
| March 2025 | $3,159 |
| April 2025 | $3,447 |
| May 2025 | $3,208 |
| June 2025 | $2,996 |
| July 2025 | $2,851 |
| August 2025 | $2,796 |
| September 2025 | $2,746 |
| October 2025 | $2,697 |
| Month | Median Rent |
|---|---|
| March 2024 | $3,061 |
| April 2024 | $2,999 |
| May 2024 | $2,999 |
Affordability calculator
Can I afford to live at 505 S Margo Dr?
Bedrooms
4+ bedroomsRent-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
$100,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 4-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.
Schools near 505 S Margo Dr
Scales Technology Academy
1115 w 5th st
tempe, AZ, 85281
PK, K-5Public
C+
Getz School
625 w cornell dr
tempe, AZ, 85283
PK, K-8Public
B
Ward Traditional Academy
1965 e hermosa dr
tempe, AZ, 85282
K-8Public
A-
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Internet available near 505 S Margo Dr
Getting around Tempe near 505 S Margo Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
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
6/10
Frequent public transit options are within walking distance.
Points of interest for 505 S Margo Dr, Tempe
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 505 S Margo Dr
Rollins Family Market
1090 W 5th St
Fujiya Market
1335 W University Dr
Two Women Foods
140 S Lindon Ln
Whole Foods Market
750 S Ash Ave
Arizona General St
25 W 5th St
F Wear LLC
1715 W 4th St
American Safety Shoe Co
1605 W University Dr
Apparel Pro Health Care Wear
2150 W University Dr
Webus Enterprise Inc
2150 W University Dr
Pitaya
524 S Mill Ave
Dunkin'
1335 W University Dr
Starbucks
871 W University Dr
Dutch Bros Coffee
1716 W 4th St
WFM Coffee Bar
750 S Ash Ave
Cartel Coffee Co
810 S Ash Ave
Cornish Pasty Co
960 W University Dr
Squeeze Catering
1725 W University Dr
Taste of Tops
403 W University Dr
Chili's
400 W University Dr
Philly's Sports Bar & Grill
1402 S Priest Dr
Tracy Dempsey Orginials
1323 W University Dr
Arai Pastry
1335 W University Dr
Breezing Co
1761 W University Dr
Wake N Bakery
411 S Mill Ave
Einstein Bros Bagels
1290 S Normal Ave
Jaycee Park
Mitchell Park
Tempe Beach Park
Park
Park
Al-Hage Inc
1090 W 5th St
Taco Bell
1336 W University Dr
Yatai Ramen
1101 W University Dr
Rally's Hamburgers
1410 W University Dr
Dunkin'
1335 W University Dr
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