Average Rent in Peterson Park, Tempe, AZ and Rent Price Trends

Rent trends in Peterson Park, Tempe, AZ

Average rent prices in Peterson Park have remained the same over the last month and have decreased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Peterson Park, Tempe, AZ

Rent prices in Peterson Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peterson Park is $1,336, whereas a house costs $2,372. 1-bedroom apartments in Peterson Park run $1,120 on average, while 2-bedroom apartments are $1,338.


Studio	$1,500	No Change	-
1 bedroom	$1,125	No Change	12%
2 bedroom	$1,400	-	-
3 bedroom	$2,308	No Change	9%
4 bedroom	$2,800	2%	-


Apartments	$1,336	-	No Change
Condos	$1,500	No Change	-
Houses	$2,372	11%	No Change

Studio

Average rent

$1,500

1 bedroom

Average rent

$1,125

Last year

12%

2 bedroom

Average rent

$1,400

3 bedroom

Average rent

$2,308

Last 30 days

No Change

Last year

4 bedroom

Average rent

$2,800

Last 30 days

The table above reflects average rent prices in Peterson Park, Tempe, AZ, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Peterson Park, Tempe, AZ

5d+ ago

Peterson Park house for rent in Tempe

1527 W Huntington Dr, Tempe, AZ 85282

3 beds

2 baths

$2,350

House for rent

Available Aug 1

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Frequently asked questions for Peterson Park, Tempe, AZ

Quick answers to common questions about the Peterson Park rental market.

How much is rent in Peterson Park?

The average rent in Peterson Park is $2,187 per month as of May 16, 2026.

Is rent up or down in Peterson Park?

Average rent prices in Peterson Park have remained the same over the last month and have decreased by 2% since last year.

How does Peterson Park rent compare to the national average?

Rent in Peterson Park is 12% above the national average, which means renters are paying approximately $238 more per month.

What salary do I need to afford rent in Peterson Park?

To comfortably afford rent in Peterson Park, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).