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Apartments for Rent in Downtown Tempe, Tempe, AZ

Average rent

$1,895
decreased by15%

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Great for

Social life
Eco-living
Wellness

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707 S Farmer Ave - Photo 1 of 1

5d+ ago

8

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

$2,000–$2,760

Apartment for rent

The Pier - Photo 1 of 1

2d ago

8.6

Very good

The Pier

827 815, 821, 827 W. 1st St., Tempe, AZ 85281

On-site laundry | Assigned parking | Swimming pool

1 bed

1 bath

$999

Apartment for rent

Residences on Farmer - Photo 1 of 1

3h ago

Downtown Tempe apartment for rent in Tempe

Residences on Farmer

615 S Farmer Ave, Tempe, AZ 85281

1 bed

1 bath

$1,363

Apartment for rent

140 E Rio Salado Pkwy - Photo 1 of 1

1d ago

Downtown Tempe condo for rent in Tempe

Luxury living 1 Bed Condo with 1.5 Baths in Tempe, AZ

140 E Rio Salado Pkwy, Tempe, AZ 85281

Furnished | Garage parking | Swimming pool

1 bed

1 bath

$795

Condo for rent

Available Apr 1

Description

Property Id: 1954458 Welcome to your dream condo in Tempe! This 1 bed, 1.5 bath unit at 140 E Rio Salado Pkwy boasts modern amenities such as a refrigerator, garbage disposal, dishwasher, and more. Enjoy access to a fitness center, swimming pool, and hot tub spa. Running/biking paths just steps away at Tempe Town Lake. Walk to restaurants, entertainment, shopping, ASU & 10-min drive to Sky Harbor Airport. Pets allowed.

154 W 5th St #205 - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

154 W 5TH ST UNIT 205, TEMPE AZ

154 W 5th St #205, Tempe, AZ 85281

In-unit laundry | Air conditioning | Balcony

3 beds

2 baths

$1,995

Condo for rent

21 E 6th St - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

2/2

21 E 6th St, Tempe, AZ 85281

In-unit laundry | Air conditioning | Hardwood floor

2 beds

2 baths

$2,600

Condo for rent

Find rentals with popular amenities

Swimming Pool

In-Unit Laundry

Air Conditioning

Dishwasher

154 W 5th St #210 - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

154 W 5TH STREET UNIT 210, TEMPEAZ

154 W 5th St #210, Tempe, AZ 85281

In-unit laundry | Air conditioning | Swimming pool

2 beds

2 baths

$1,795

Condo for rent

21 E 6th St #306 - Photo 1 of 1

5d+ ago

Downtown Tempe house for rent in Tempe

21 E 6th St #306, Tempe, AZ 85281

In-unit laundry | Assigned parking | Ceiling fan

1 bed

2 baths

$2,600

House for rent

Available Feb 2

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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

Paseo on University - Photo 1 of 1
Rent special

7h ago

9.9

Excellent

Our team has verified this company

Verified

Paseo on University

1255 E University Dr, Tempe, AZ 85281

Garage parking | On-site laundry | Balcony

Studio–2 beds

1–2 baths

$1,027–$2,946

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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Nearby rental good for pet owners

Nearby rental good for wellness

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

$1,095–$1,495

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

16h ago

9.9

Excellent

Our team has verified this company

Verified

Parq on 5th

805 W Brown St, Tempe, AZ 85281

In-unit laundry | Air conditioning | Garage parking

Studio–2 beds

1 bath

$1,027–$1,612

Apartment for rent

Call

316-330 S. Hardy Dr. - Photo 1 of 1

5d+ ago

8.3

Very good

316-330 S. Hardy Dr.

316 S Hardy Dr, Tempe, AZ 85281

In-unit laundry | Microwave | Oven

2 beds

1 bath

$1,550

Apartment for rent

Description

Updated & Modern 2 Bed in Prime Tempe Location Walk to ASU & Mill Ave! Welcome to 316-330 S. Hardy Dr. 320-102, a beautifully updated 2-bedroom, 1-bath apartment ideally located just minutes from Arizona State University, Tempe Town Lake, and the vibrant Mill Avenue district. This modernized home offers a bright, open layout with 850 sq ft of living space, durable plank flooring, and the convenience of an in-unit washer & dryer. The kitchen features contemporary finishes, full-size appliances, and upgraded fixtures perfect for everyday living and entertaining. Enjoy a pri

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

19h 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

$3,195–$3,395

Apartment for rent

Description

Virtual Tour: https media listerpros com videos 0196269d-2681-70e2-ac8d-3c73bb812cc6 At Valley Income Properties, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, rent rewards, and more at a rate of $18.00/month, added to every property as a required program. More details upon application. Total Monthly Payment (Rent + RBP)*: $18.00 *If you provide your own insurance policy, the RBP cost will be reduced by the amou

West 5th - Photo 1 of 1
Highly rated

3h ago

9.3

Excellent

West 5th

601 W 5th St, Tempe, AZ 85281

Air conditioning | On-site laundry | Assigned parking

1–2 beds

1 bath

$1,199–$1,299

Apartment for rent

Description

Welcome to the West 5th Apartments, featuring 1 bedroom/1 bath & 2 bedroom/2 bath apartment homes. West 5th is 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 residents and guests only. There is also 24 hour recorded security cameras to maintain t

1222 S Roosevelt St #NA - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

ASU Tempe Home - 3 Bed/2 Bath Charming Cottage

1222 S Roosevelt St #NA, Tempe, AZ 85281

In-unit laundry | Air conditioning | Assigned parking

3 beds

2 baths

$2,995

House for rent

Available Aug 1

Description

Charming highly updated and beautifully cared for 3 Bed/ 2.0 Bath Tempe home in heart of Mitchell Park, best neighborhood in old Tempe. Walking/biking distance to ASU, Mill, Tempe Town lake. Concrete flooring throughout, completely remodeled kitchen and bathrooms with modern design. New ceiling fans. Neutral gray decorator paint and wall paper accents. Large covered patio front and back, new interior and exterior paint. Large irrigated yard with trees and shade, hanging lights in backyard for evening relaxation and enjoyment. New AC/heating system just installed. Good cred

Find sweet deals near Downtown Tempe

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

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

Studio–2 beds

1–2 baths

$1,854–$2,745

Apartment for rent

547 W 18th St - Photo 1 of 1

19h ago

Our team has verified this company

Verified

547 W 18th St, Tempe, AZ 85281

On-site laundry | Swimming pool | On-site management

4 beds

2 baths

$2,615

$2,385

Price drop

House for rent

Available Feb 20

Description

Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; a $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potentia

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1260 E University Dr - Photo 1 of 1

5d+ 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

$1,845–$2,275

Apartment for rent

1117 E 8th St #C2007 - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

Dishwasher | Oven | Microwave

2 beds

2 baths

$1,395

Apartment for rent

Description

Gorgeous 2 bedroom 2 bath right in the heart of the ASU Campus. Walk to class, the light rail stop, baseball, football, track and basketball games. These units are loaded with granite counter tops, black appliances, tile, carpet and stacked washer and dryer. Water and trash included, no pets. Lease to go through June 2026. Fees: Lease Preparation (non-refundable) - $195

1411 S Bonarden Ln - Photo 1 of 1

5d+ ago

Townhouse for rent in Tempe

Townhouse, Ranch - Tempe, AZ

1411 S Bonarden Ln, Tempe, AZ 85281

In-unit laundry | Air conditioning | Ceiling fan

2 beds

1 bath

$1,599

House for rent

Description

Property Status: Pending Blocks from main ASU campus!! This property is completely remodeled and ready for your move in. 2 bedrooms, 1 bathroom that has new ac, new plumbing, new tankless water heaters and beautifully updated inside with your own private yard. Kitchen has Quartz counter tops, upgraded stainless steel appliances with Fridge, Gas Stove, Microwave and Dishwasher and New stackable washer and dryer in unit. Upgraded fixtures, NEW AC, ceiling fans and tile throughout. Exterior has low maintenance landscaping with outside just painted. This property is loca

906 S Farmer Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

906 S Farmer Ave, Tempe, AZ 85281

2 beds

1 bath

$1,100

Apartment for rent

704 W 5th St #720B - Photo 1 of 1

5d+ ago

Riverside apartment for rent in Tempe

2 beds

2 baths

$1,295

Apartment for rent

Available Apr 17

Description

Coming Available April 17th, 2026! *MOVE IN SPECIAL! 1ST MONTH FREE WHEN SIGNING A 13-MONTH OR 18-MONTH LEASE!* Parkview on 5th – Renovated 2 Bed 2 Bath in Central Tempe, Moments from ASU, Mill Avenue & Jaycee Park PLEASE ONLY INQUIRE IF YOU MEET THE FOLLOWING QUALIFICATIONS: -No smokers -No crimes against children -No evictions or bankruptcies within 60 months of application date -Household income must be at least 3x the monthly rent (proof of income required) -Full credit and criminal background checks are conducted by Acora Asset Management LLC in compliance with all Fa

1215 E Lemon St #131 - Photo 1 of 1

5d+ ago

Condo for rent in Tempe

1215 E Lemon St #131, Tempe, AZ 85281

In-unit laundry | Swimming pool | Controlled access

2 beds

2 baths

$1,345

Condo for rent

Description

Welcome to this charming 2 bedroom, 2 bathroom condo conveniently located near ASU in Tempe, AZ. This cozy home features fresh paint throughout and new carpet in the bedrooms, creating a clean and inviting atmosphere. The community offers a refreshing pool for relaxation and a private patio for outdoor enjoyment. With stack washer/dryer in the unit and the added security of a gated community, this condo provides both comfort and peace of mind. Don't miss out on the opportunity to make this lovely space your new home. Please contact Western Vistas at 623-877-9400 to schedul

The Bradford - Photo 1 of 1

5d+ ago

7.8

Very good

The Bradford

1037 S Farmer Ave, Tempe, AZ 85281

1 bed

1 bath

$850

Apartment for rent

Description

Student Apartments Near ASU! Looking for the perfect place to call home while attending Arizona State University? Our modern student apartments are designed with your lifestyle in mind — and just a short walk from campus! ✨ Apartment Features: 4 spacious bedrooms with private bathrooms in each unit - Price includes 1 private Bedroom, 1 private Bathroom and: Shared family room & full kitchen with range/stove, built in microwave, refrigerator, dishwasher, a kitchen island for space to do food prep. Fully furnished – just bring your essentials and move right in High-speed int

Showing 1 - 25 of 25 results
Home > Apartments in Tempe > Downtown Tempe Apartments For Rent
Updated: March 6, 2026

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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 size of an apartment in Downtown Tempe, AZ?

The average size of a 1 bedroom apartment rental in Downtown Tempe is 1048 square feet. The average size of a 2 bedroom apartment rental in Downtown Tempe is 1221 square feet. The average size of a 3 bedroom apartment rental in Downtown Tempe is 1273 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?

3 bedroom 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 deal140 E Rio Salado Pkwy
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos