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Apartments for Rent in Downtown Tempe, Tempe, AZ

Average rent

$2,275
increased by18%

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Eco-living
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707 S Farmer Ave - Photo 1 of 1
Rent special

4d ago

8

Very good

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707 S Farmer Ave

707 S Farmer Ave, Tempe, AZ 85281

Furnished

Studio–2 beds

1–2 baths

$2,050–$2,810

Apartment for rent

120 E Rio Salado Pkwy Unit 401 - Photo 1 of 1

5d+ ago

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120 E Rio Salado Pkwy Unit 401, Tempe, AZ 85281

In-unit laundry | Air conditioning | Assigned parking

1 bed

1.5 baths

$2,495

Condo for rent

The Pier - Photo 1 of 1

3d ago

9.2

Excellent

The Pier

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

In-unit laundry | Oven

1 bed

1 bath

$1,099

Apartment 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

$2,550

Condo for rent

Hayden Lane - Photo 1 of 1

5d+ ago

7.7

Very good

Hayden Lane

1876 1876 - 1896 E. Hayden Ln. North, Tempe, AZ 85281

On-site laundry | Swimming pool

2 beds

1 bath

$1,150

Apartment 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

$2,300

Condo for rent

Find rentals with popular amenities

In-Unit Laundry

Air Conditioning

Dishwasher

Swimming Pool

1905 East University Drive - 1Unit B-208 #1 - Photo 1 of 1

5d+ ago

Downtown Tempe townhouse for rent in Tempe

1905 East University Drive - Unit B-208 - 1

1905 East University Drive - 1Unit B-208 #1, Tempe, AZ 85281

Swimming pool

2 beds

2 baths

$1,495

House for rent

Available Mar 27

154 W 5th St #241 - Photo 1 of 1

5d+ ago

Downtown Tempe condo for rent in Tempe

TOWNHOME - Tempe, AZ

154 W 5th St #241, Tempe, AZ 85281

In-unit laundry | Swimming pool | Ceiling fan

3 beds

2 baths

$3,000

Condo for rent

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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

$1,650

Condo for rent

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

5d+ ago

Downtown Tempe house for rent in Tempe

1 bed

1.5 baths

$2,995

House for rent

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Nearby rental good for social life

Nearby rental good for pet owners

Paseo on University - Photo 1 of 1
Rent special

17h 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

$1,035–$3,121

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

4d 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
Rent special

1d 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

$932–$1,606

Apartment for rent

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1020 E Spence Ave #1003 - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

In-unit laundry | Garage parking | Balcony

3 beds

2.5 baths

$2,900

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

406 W 7th St - Photo 1 of 1

5d+ ago

Riverside townhouse for rent in Tempe

406 W 7th St, Tempe, AZ 85281

In-unit laundry | Dishwasher | Oven

2 beds

2.5 baths

$2,595

House for rent

Description

Experience the pinnacle of urban living in downtown Tempe with these luxurious 2-bedroom + den, 2.5-bathroom townhomes complete with a 2 car garage. Located mere minutes from the buzzing nightlife, amazing restaurants, and essential amenities, this property ensures you're at the center of it all. Step inside to discover the exceptional features that await you: - **Prime Downtown Location**: Nestled in the heart of Tempe, these townhomes are just a few minutes' walk from the vibrant Mill Avenue, offering an array of shops and restaurants. Whole Foods is a mere 5-minute st

1020 E Spence Ave #1014 - Photo 1 of 1

5d+ ago

Apartment for rent in Tempe

In-unit laundry | Garage parking | Balcony

3 beds

2.5 baths

$2,900

Apartment for rent

Description

COMING SOON 6.15.2026 Walking distance to ASU 3 BEDROOM 2.5 BATHS 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

Find sweet deals near Downtown Tempe

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

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

1260 E University Dr - Photo 1 of 1

3d 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

$1,795–$2,225

Apartment for rent

Description

Save 30% if you move in before May 2nd. Landing is a top

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555 N College Ave - Photo 1 of 1

3h ago

Our team has verified this company

Verified

555 N College Ave, Tempe, AZ 85288

In-unit laundry | Furnished | Air conditioning

1 bed

1 bath

$2,438

Apartment for rent

Description

The advertised rate of $2,438/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 19, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this newly built Tempe condo on Town Lake. This apartment is perfect for leisure, spring training, and business travelers. This coz

701 West Rio Salado Parkway - Photo 1 of 1

3h ago

9

Excellent

Our team has verified this company

Verified

701 West Rio Salado Parkway

701 W Rio Salado Pkwy, Tempe, AZ 85281

In-unit laundry | Furnished | Air conditioning

1 bed

1 bath

$2,140

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. When you're ready to wind down, simply retreat to the comfortable apartment to relax. The apartment includes one parking space, and check-in instructions for garage access will be provided before your stay. Come relax in this 1-bedroom, 1-bathroom unit. The living space featu

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

$1,050

Apartment for rent

Listings within 5 miles
727 E Vista Del Cerro Dr - Photo 1 of 1

4d ago

House for rent in Tempe

6 beds

4 baths

$3,950

House for rent

Description

Welcome to this stunning 6-bedroom, 4-bathroom residence located in the vibrant city of Tempe, AZ. This home is a perfect blend of comfort and convenience, offering a generous living space that is sure to impress. The backyard is a green oasis, featuring lush, easy-to-maintain turf, perfect for outdoor activities or simply enjoying the Arizona sunshine. Inside, you'll find a washer and dryer included for your convenience, eliminating the hassle of laundromat trips. The house also boasts a stylish bar, perfect for entertaining guests or enjoying a relaxing evening at home.

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

3d 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

Apartment for rent

Description

Save 70% if you move in before June 27th. Landing is a top

500 W Broadway Rd - Photo 1 of 1

3h ago

Our team has verified this company

Verified

500 W Broadway Rd, Tempe, AZ 85282

Furnished | Air conditioning | Balcony

2 beds

2 baths

$3,538

Apartment for rent

Description

The advertised rate of $3,538/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 15, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this resort-like 2-bedroom apartment, just minutes from downtown and Arizona State University (ASU). Perfect for business professiona

1275 East University Drive - Photo 1 of 1

3h ago

9.6

Excellent

Our team has verified this company

Verified

1275 East University Drive

1275 E University Dr, Tempe, AZ 85288

In-unit laundry | Furnished | Air conditioning

1 bed

1 bath

$1,944

Apartment for rent

Description

Feel at home in this elegant 1-bedroom apartment in Tempe, ideally located near a renowned brewery and other famous local hotspots. The living space features an innovative open-concept design that blends the living and dining areas with the fully equipped kitchen. The kitchen includes a microwave, stove, oven, refrigerator/freezer, dishwasher, toaster, coffee maker with coffee essentials, electric kettle, sink with hot and cold water, glasses, silverware, pots and pans, and a dining table with chairs. The living room offers a sofa bed, chair, 4K 58" HDR smart TV, and coffe

Showing 1 - 25 of 25 results
Home > Apartments in Tempe > Downtown Tempe Apartments For Rent
Updated: April 20, 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 895 square feet. The average size of a 2 bedroom apartment rental in Downtown Tempe is 1144 square feet. The average size of a 3 bedroom apartment rental in Downtown Tempe is 1316 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 deal805 W Brown St
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos