Greetings! A little birdie (or was it a grinning, pitchfork-wielding Sun Devil?) told us you were looking for a place to call home in the Phoenix, AZ suburb of Tempe. Good call. Journey on, and we can help you find a primo pad in the city that puts the "fun" in the Valley of the Sun in no time (It’s in there somewhere, trust us).
Before packing up your sun tan lotion and heading down to the Grand Canyon State, there are a few things you should know about life in Tempe:
Greetings! A little birdie (or was it a grinning, pitchfork-wielding Sun Devil?) told us you were looking for a place to call home in the Phoenix, AZ suburb of Tempe. Good call. Journey on, and we can help you find a primo pad in the city that puts the "fun" in the Valley of the Sun in no time (It’s in there somewhere, trust us).
Having trouble with Craigslist Tempe? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!
Before packing up your sun tan lotion and heading down to the Grand Canyon State, there are a few things you should know about life in Tempe:
No shortage of nightlife. The city has plenty to offer in the way of after-hours fun. Whether you prefer the elbow-to-elbow night club scene, live music venues featuring local acts and quasi-renowned indie rockers, or froth-friendly sports bars, you’ll find plenty of options in Tempe. There’s no shortage of theater productions or art festivals, either.
Not just fun and games. There is plenty to do before the sun goes down. Tempe is home to some of the Valley’s most scenic and walker/cyclist-friendly parks, and strolling the Mill Avenue corridor, with its plethora of street performers, is an entertaining endeavor any time of day.
The good, the bad, and the ugly: Public transit, parking, and traffic. Tempe lays claim to the Valley’s best public transportation system, although it’s a bit pricier than some commuters might be used to. One-way rides currently cost $1.75, while an all-day pass goes for $5.25 and monthly fares are available for $55. Public transit also conveniently connects Tempe to its mother city, Phoenix.
Parking, meanwhile, can be a bit of a hassle in the downtown area, although plenty of off-street garages offer complimentary one-hour parking. Downtown apartment dwellers with vehicles are well-advised to make sure their landlords provide tenant parking. Otherwise, get ready to feed the meter around the clock or watch those pretty pink parking tickets pile up.
Hot, hot, hot. Temperatures routinely climb above 105 degrees, sending all but the boldest Tempians scurrying for the cool comforts of the air-conditioned indoors. It means that if you find a landlord willing to pick up your utilities tab, don’t hesitate to seal the deal.
Now that you have a basic idea of what life in Tempe is like, it’s time for the fun part: finding you the perfect pad. Here are some obvious (and not so obvious) pointers you may want to consider before signing that dotted line.
Location is key. Much of Tempe is densely populated, but other neighborhoods (in the eastern and western sectors, mostly) are simply sprawling. Choose your location carefully, or you might find yourself severed from the thick of things.
Scout it out. The apartment buildings, lofts, and high-rises in Tempe range from archaic clunkers to modern, state-of-the-art luxury units. Often times, you will find these buildings in close proximity, so pay close attention to just what kind of bang you’re really getting for your buck.
Shop around (sort of). Tempe is a renter-friendly community, with nearly half the population opting to lease rather than buy, and renters rarely find themselves on those pesky waiting lists. Apartment seekers who wait around too long before signing a lease may be left out in the cold (heat is more like it!) and be forced to abandon their first choice of dwellings for a second-rate unit. Word to the wise renter: Be on the lookout for move-in specials that often pop up during non-peak times of the year (October through May).
Never fear, newbie. Many Tempe tenants are first-timers, just be sure to bring along a respectable co-signer and be ready to present proof of income (if available), identification, and banking info when you turn in your leasing application.
If you want to be where the action is, picking the right neighborhood in Tempe is a no-brainer:
North Tempe is also where you’ll find the most assorted selection of rentals. They range from cheap ($600 or less for a 1 BR) to steep ($1600-plus for 3 BR condo), so you can probably find something in North Tempe that fits your style and budget.
The Mill Avenue District, located downtown, currently boasts 15 medium-to-large-sized rental properties and puts tenants within stumbling distance of numerous bars (understatement alert!), bistros, bookstores, and coffeehouses. Apartment hunters will find a variety of living options on and around Mill Avenue, from basic box units (currently going in the upper $500 range) to luxury lofts costing $3,000-$4,000.
The downtown life isn’t for everyone, of course, and one person’s idea of exhilarating is another’s idea of downright exhausting. For leasers who desire more laid-back, take a peek at what the ‘hoods of southern Tempe have to offer. Just beware that luxury homes outnumber apartments by far, and you’ll be hard-pressed to find a rental property for less than $1300.
We do have one last piece of advice before sending you on your merry apartment-hunting way:
You’ll find more than 50 neighborhoods in Tempe, all with their own special identities, charms, and drawbacks. So before you commit to a rental property in any of them, make sure to spend plenty of time in the Valley of the Sun exploring your options. And don’t be surprised if your 12-month lease turns into something more permanent.
The representation of ethnic minorities in Tempe is higher than the national average. The eight main ethnic groups that make up the population of Tempe are White (54.4%), Hispanic Or Latino (25.1%), Asian (8%), Two Or More (4.8%), Black Or African American (3.9%), American Indian Or Alaska Native (2.2%), Other (0.8%), and Native Hawaiian Or Other Pacific Islander (0.8%).
The representation of ethnic minorities in Tempe is higher than the national average. The eight main ethnic groups that make up the population of Tempe are White (54.4%), Hispanic Or Latino (25.1%), Asian (8%), Two Or More (4.8%), Black Or African American (3.9%), American Indian Or Alaska Native (2.2%), Other (0.8%), and Native Hawaiian Or Other Pacific Islander (0.8%).
Apartment List has released the results for Tempe from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
These Tempe neighborhoods are insanely popular right now! Renters are hunting down properties in these places.
Searching for an apartment for rent in Tempe, AZ? Look no further! Apartment List will help you find a perfect apartment near you. There are 289 available rental units listed on Apartment List in Tempe. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!
The average rent in Tempe is $1,445 for a studio, $1,598 for a one-bedroom apartment, and $1,902 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.
Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Tempe apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.
You can trust Apartment List to help you find your next Tempe, AZ apartment rental! After all, everyone deserves a home they love.
Welcome to the Apartment List December 2024 Rent Report for Tempe, AZ. Currently, the overall median rent in the city stands at $1,343, after falling 1.4% last month. Prices are now down 2.7% year-over-year. Read on to learn more about what’s been happening in the Tempe rental market and how it compares to trends throughout the broader Phoenix metro area and the nation as a whole.
The median rent in Tempe fell by 1.4% over the course of November, and has now decreased by a total of 2.7% over the past 12 months. Tempe’s rent growth over the past year has is similar to the state average (-2.6%) but has fallen below the national average (-0.6%).
Eleven months into the year, rents in Tempe have fallen 1.0%. This is a faster rate of growth compared to what the city was experiencing at this point last year: from January to November 2023 rents had decreased 3.0%.
If we expand our view to the wider Phoenix metro area, the median rent is $1,411 meaning that the median price in Tempe ($1,343) is 4.8% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -2.7%, above the rate of rent growth within just the city.
The table below shows the latest rent stats for 11 cities in the Phoenix metro area that are included in our database. Among them, Surprise is currently the most expensive, with a median rent of $1,756. Glendale is the metro’s most affordable city, with a median rent of $1,301. The metro's fastest annual rent growth is occurring in Surprise (1.7%) while the slowest is in Glendale (-4.5%).
You can also use the map below to explore the latest rent trends in the Phoenix metropolitan area.
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.
Welcome to the Apartment List December 2024 Rent Report for Tempe, AZ. Currently, the overall median rent in the city stands at $1,343, after falling 1.4% last month. Prices are now down 2.7% year-over-year. Read on to learn more about what’s been happening in the Tempe rental market and how it compares to trends throughout the broader Phoenix metro area and the nation as a whole.
Apartment List has released Tempe’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.
"Tempe renters expressed general satisfaction with the city overall," according to Apartment List. "They gave most categories above average scores."
Key findings in Tempe include the following:
Renters say:
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
Greetings! A little birdie (or was it a grinning, pitchfork-wielding Sun Devil?) told us you were looking for a place to call home in the Phoenix, AZ suburb of Tempe. Good call. Journey on, and we can help you find a primo pad in the city that puts the "fun" in the Valley of the Sun in no time (It’s in there somewhere, trust us).
Before packing up your sun tan lotion and heading down to the Grand Canyon State, there are a few things you should know about life in Tempe:
View Tempe City Guide
