How much does it cost to rent at Parq on 5th Apartments?

Rent at Parq on 5th Apartments in Tempe, AZ ranges from $1,084 to $1,565 per month as of October 1, 2026.

What is the average studio rent at Parq on 5th Apartments?

The average studio apartment at Parq on 5th Apartments costs $1,159/month, starting from $1,084.

What is the average 1 bed rent at Parq on 5th Apartments?

The average 1 bed apartment at Parq on 5th Apartments costs $1,215/month, starting from $1,112.

What is the average 2 bed rent at Parq on 5th Apartments?

The average 2 bed apartment at Parq on 5th Apartments costs $1,407/month, starting from $1,256.

Is Parq on 5th Apartments a good apartment complex?

Parq on 5th Apartments has a 3.6-star rating on Google based on 187 reviews.

Updated today at 3:49 p.m. MT

Parq on 5th Apartments

805 W Brown St, Tempe, AZ 85281, USA

3.6 (187 reviews) Official Website (833) 365-2778

Live pricing, refreshed today at 3:49 p.m. MT

Units Listed

$1,084

Starting at

$1,300

Average

$1,565

Highest

$2.26

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Tempe 85281 rent trends

Beds

Pricing by Bedroom

Studio

$1,159

from $1,084 · 4 units

~317 sqft avg

1 Bed

$1,215

from $1,112 · 6 units

~487 sqft avg

2 Bed

$1,407

from $1,256 · 10 units

~730 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (20)

Largest 8 movers of 20

Last 15 days

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: stated by the property itself
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: high (building size is reported).

Est. Monthly Revenue

$231K

$2.8M annual run rate

Est. Occupancy

90%

of about 197 units (reported building size)

Effective Rent on New Leases

$1,306

vs $1,300 current asking

Recent Lease Activity

41 units tracked; 21 assumed leased, 20 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

Good availability

7 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

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

Price vs. Tempe 85281

Neighborhood

The District on Apache

$849 Rise at the Retreat

$895 Flare Tempe

$899 Vertex Apartments

$999

Parq on 5th Apartments

$1,084

VERVE Tempe

$1,124 Encore On Farmer Apartments

$1,168 Emerson Mill Avenue

$1,279 Metro 101

$1,324 Rio Paradiso

$1,341 Volta on Broadway

$1,385

Comparing 11 apartments in Tempe 85281. Click any bar to view that building.

See Tempe 85281 rent trends on the Tempe, AZ map Explore Tempe, AZ on the interactive map

Available Units

Sort

20 units

Studio / 1 Bath Studio - Full Upgrade

$1,084/mo

317 ft² · $3.42/ft² · #817-2

Down $18 since Sep 15 (was $1,102)

1 Bed / 1 Bath 1 x 1 - Full Upgrade

$1,112/mo

470 ft² · $2.37/ft² · #822-3

Down $9 since Sep 22 (was $1,121)

1 Bed / 1 Bath 1 x 1 - Full Upgrade

$1,121/mo

470 ft² · $2.39/ft² · #738-1

Up $9 since Oct 1 (was $1,112)

Studio / 1 Bath Studio - Prior Renovation

$1,160/mo

317 ft² · $3.66/ft² · #841-2

Up $8 since Sep 30 (was $1,152)

Studio / 1 Bath Studio - Full Upgrade

$1,186/mo

317 ft² · $3.74/ft² · #823-2

Up $27 since Oct 1 (was $1,159)

1 Bed / 1 Bath 1 x 1 - Prior Renovation

$1,196/mo

470 ft² · $2.54/ft² · #822-2

Up $9 since Oct 1 (was $1,187)

Studio / 1 Bath Studio - Full Upgrade

$1,206/mo

317 ft² · $3.80/ft² · #835-1

Up $27 since Oct 1 (was $1,179)

2 Bed / 1 Bath 2 x 1 - Full Upgrade

$1,256/mo

727 ft² · $1.73/ft² · #725-30

Down $50 since Sep 30 (was $1,306)

1 Bed / 1 Bath 1 x 1 - Full Upgrade

$1,269/mo

522 ft² · $2.43/ft² · #305-09

Down $10 since Sep 16 (was $1,279)

1 Bed / 1 Bath 1 x 1 - Prior Renovation

$1,286/mo

522 ft² · $2.46/ft² · #847-4

Up $10 since Oct 1 (was $1,276)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
817-2	Studio - Full Upgrade	Studio / 1ba	317	$1,084	$3.42	Nov 22, 2026	Pro	Down $18 since Sep 15
822-3	1 x 1 - Full Upgrade	1bd / 1ba	470	$1,112	$2.37	Oct 15, 2026	Pro	Down $9 since Sep 22
738-1	1 x 1 - Full Upgrade	1bd / 1ba	470	$1,121	$2.39	Now	Pro	Up $9 since Oct 1
841-2	Studio - Prior Renovation	Studio / 1ba	317	$1,160	$3.66	Now	Pro	Up $8 since Sep 30
823-2	Studio - Full Upgrade	Studio / 1ba	317	$1,186	$3.74	Now	Pro	Up $27 since Oct 1
822-2	1 x 1 - Prior Renovation	1bd / 1ba	470	$1,196	$2.54	Now	Pro	Up $9 since Oct 1
835-1	Studio - Full Upgrade	Studio / 1ba	317	$1,206	$3.80	Now	Pro	Up $27 since Oct 1
725-30	2 x 1 - Full Upgrade	2bd / 1ba	727	$1,256	$1.73	Now	Pro	Down $50 since Sep 30
305-09	1 x 1 - Full Upgrade	1bd / 1ba	522	$1,269	$2.43	Nov 5, 2026	Pro	Down $10 since Sep 16
847-4	1 x 1 - Prior Renovation	1bd / 1ba	522	$1,286	$2.46	Now	Pro	Up $10 since Oct 1
744-1	1 x 1 - Prior Renovation	1bd / 1ba	470	$1,307	$2.78	Nov 9, 2026	Pro	Up $1 since Sep 30
725-06	2 x 1 - Full Upgrade	2bd / 1ba	727	$1,311	$1.80	Now	Pro	Down $10 since Sep 30
725-29	2 x 1 - Full Upgrade	2bd / 1ba	727	$1,325	$1.82	Now	Pro	Up $10 since Oct 1
725-27	2 x 1 - Prior Renovation	2bd / 1ba	727	$1,360	$1.87	Oct 28, 2026	Pro
725-12	2 x 1 - Prior Renovation	2bd / 1ba	727	$1,370	$1.88	Now	Pro	Up $10 since Oct 1
700-08	2 x 1 - Full Upgrade	2bd / 1ba	727	$1,385	$1.91	Nov 1, 2026	Pro	Down $13 since Sep 29
725-11	2 x 1 - Prior Renovation	2bd / 1ba	727	$1,435	$1.97	Oct 16, 2026	Pro	Down $1 since Sep 28
810-2	2 x 1 - Full Upgrade	2bd / 1ba	633	$1,509	$2.38	Oct 17, 2026	Pro	Up $32 since Sep 30
810-3	2 x 1 - Prior Renovation	2bd / 1ba	633	$1,557	$2.46	Now	Pro	Up $10 since Oct 1
842-4	2 x 1	2bd / 1ba	943	$1,565	$1.66	Now	Pro	Up $11 since Oct 1

Fees, Parking & True Monthly Cost

Monthly Fees

$81/mo

Added to base rent automatically

True Monthly Cost

$1,165

Starting price + fees

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 2,130 ft away · 3 trains/day

2 daytime, 1 overnight
Quiet zone. Horns are silenced at the nearest crossing.
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.