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NOVO Broadway Apartments apartments in Tempe, AZ

Updated

NOVO Broadway Apartments

711 W Broadway Rd, Tempe, AZ 85282, USA

4.4 (187 reviews) Official Website

Live pricing, refreshed

5
Units Listed
$1,433
Starting at
$1,843
Average
$2,498
Highest
$2.02
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Tempe 85281 rent trends

Beds

Pricing by Bedroom

Studio
$1,433
from $1,433 · 1 units
~632 sqft avg
1 Bed
$1,629
from $1,629 · 1 units
~726 sqft avg
2 Bed
$1,827
from $1,799 · 2 units
~1,055 sqft avg
3 Bed
$2,498
from $2,498 · 1 units
~1,262 sqft avg
Specials Available 5 units

Up to 8 weeks FREE

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$8,005

$96K annual run rate

Modeled estimate

Est. Occupancy

44%

of about 9 units (modeled from leasing activity)

Effective Rent on New Leases

$2,001

vs $1,843 current asking

Recent Lease Activity

9 units tracked; 4 assumed leased, 5 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

5

Moderate availability

5 floor plans

Move-in Specials

5

5 units with active promos

Use competing promos as leverage

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

5 units
Studio / 1 Bath S1
$1,433/mo
632 ft² · $2.27/ft² · #1
Up to 8 weeks FREE
1 Bed / 1 Bath A1
$1,629/mo
726 ft² · $2.24/ft² · #2
Up to 8 weeks FREE
2 Bed / 2 Bath B1
$1,799/mo
· #3
Up to 8 weeks FREE
2 Bed / 2 Bath B2
$1,854/mo
1,055 ft² · $1.76/ft² · #4
Up to 8 weeks FREE
3 Bed / 2 Bath C1
$2,498/mo
1,262 ft² · $1.98/ft² · #5
Up to 8 weeks FREE

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Train activity nearby

Freight line 1,795 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Tempe, AZ notes

No resident notes for this property yet.

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