Tempe Rent Prices & Neighborhood Guide
College town home to ASU with Mill Avenue entertainment, Tempe Town Lake, and young energy.
Phoenix, AZAvg Rent: $1,538/moWalk Score: 62
Walkability
62
Walk Score
Transit
52
Transit Score
Commute
15-25 min
To Downtown
Safety
Good
Rating
Tempe Rent Prices
Studio
$950
per month
1 Bedroom
$1,200
per month
2 Bedrooms
$1,700
per month
3 Bedrooms
$2,300
per month
Rent Trend: Stable
Neighborhood Character
Vibe & Demographics
Neighborhood Vibe
College town, energetic, young
Demographics
Students, young professionals, families
Best For
StudentsYoung professionalsActive lifestylesBudget-conscious
Lifestyle & Amenities
Restaurant Scene
Casual, diverse, student-friendly
Nightlife
Very active - college bars, clubs, Mill Avenue
Schools
Good public schools, ASU
Pros & Cons of Living in Tempe
Pros
- Affordable
- Active scene
- Light rail
- Lake access
Cons
- Student-heavy
- Noisy areas
- Hot summers
- Parking difficult near ASU
Parks & Recreation
- Tempe Town Lake
- Papago Park
- Kiwanis Park
Public Transit
- Light Rail
- Orbit buses
- Valley Metro
Popular Streets
- Mill Avenue
- University Drive
- Apache Boulevard
Key Amenities
- ASU campus
- Tempe Town Lake
- Mill Avenue
- Light rail
Compare with Other Phoenix Neighborhoods
Arcadia
2BR Rent:$1,900
Walk Score:52
Upscale, resort-style, family-friendly
Downtown Phoenix
2BR Rent:$1,800
Walk Score:78
Urban, developing, artsy
Scottsdale Old Town
2BR Rent:$2,100
Walk Score:68
Upscale, resort-style, touristy
Uptown Phoenix
2BR Rent:$1,800
Walk Score:65
Urban, mixed-use, diverse
Paradise Valley
2BR Rent:$2,500
Walk Score:25
Ultra-luxury, exclusive, resort
Helpful Resources for Renters
Moving to Tempe? These resources can help you prepare, understand your rights, and find financial assistance if needed.