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

Rent at Parq on 5th Apartments in Tempe, AZ ranges from $1,153 to $1,587 per month as of August 16, 2026.

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

The average studio apartment at Parq on 5th Apartments costs $1,187/month, starting from $1,177.

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

The average 1 bed apartment at Parq on 5th Apartments costs $1,229/month, starting from $1,153.

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

The average 2 bed apartment at Parq on 5th Apartments costs $1,445/month, starting from $1,364.

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 August 16, 2026 at 3:59 p.m. MT

Parq on 5th Apartments

Name: Parq on 5th Apartments
Address: 805 W Brown St, Tempe, AZ, 85281, US
Telephone: (833) 365-2778
Rating: 3.6

805 W Brown St, Tempe, AZ 85281, USA

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

Live pricing, refreshed August 16, 2026 at 3:59 p.m. MT

Units Listed

$1,153

Starting at

$1,359

Average

$1,587

Highest

$2.19

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Tempe 85281 rent trends

Beds

Pricing by Bedroom

Studio

$1,187

from $1,177 · 3 units

~317 sqft avg

1 Bed

$1,229

from $1,153 · 2 units

~470 sqft avg

2 Bed

$1,445

from $1,364 · 9 units

~754 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 (9)

Largest 8 movers of 9

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

$232K

$2.8M annual run rate

Est. Occupancy

93%

of about 197 units (reported building size)

Effective Rent on New Leases

$1,267

vs $1,359 current asking ($92 negotiation gap)

Recent Lease Activity

31 units tracked; 17 assumed leased, 14 listed now

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

Unlock with Pro

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

Moderate availability

7 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Tempe 85281

Neighborhood

The District on Apache

$799 Rise at the Retreat

$895 Flare Tempe

$955 Vertex Apartments

$999 VERVE Tempe

$999

Parq on 5th Apartments

$1,153

Encore On Farmer Apartments

$1,168 Emerson Mill Avenue

$1,249 Rio Paradiso

$1,251 Metro 101

$1,344 The Local Apartments

$1,424

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

14 units

1 Bed / 1 Bath 1 x 1 - Full Upgrade

$1,153/mo

470 ft² · $2.45/ft² · #822-3

Up $9 since Aug 12 (was $1,144)

Studio / 1 Bath Studio - Full Upgrade

$1,177/mo

317 ft² · $3.71/ft² · #823-2

Up $2 since Jul 31 (was $1,175)

Studio / 1 Bath Studio - Prior Renovation

$1,188/mo

317 ft² · $3.75/ft² · #841-2

Down $9 since Aug 14 (was $1,197)

Studio / 1 Bath Studio - Full Upgrade

$1,197/mo

317 ft² · $3.78/ft² · #835-1

Up $2 since Jul 31 (was $1,195)

1 Bed / 1 Bath 1 x 1 - Prior Renovation

$1,304/mo

470 ft² · $2.77/ft² · #822-2

2 Bed / 1 Bath 2 x 1 - Full Upgrade

$1,364/mo

727 ft² · $1.88/ft² · #725-06

Down $11 since Aug 14 (was $1,375)

2 Bed / 1 Bath 2 x 1 - Prior Renovation

$1,388/mo

727 ft² · $1.91/ft² · #725-10

Down $10 since Aug 14 (was $1,398)

2 Bed / 1 Bath 2 x 1 - Prior Renovation

$1,388/mo

727 ft² · $1.91/ft² · #725-12

Down $10 since Jul 19 (was $1,398)

2 Bed / 1 Bath 2 x 1 - Full Upgrade

$1,397/mo

633 ft² · $2.21/ft² · #810-2

Down $10 since Aug 14 (was $1,407)

2 Bed / 1 Bath 2 x 1 - Full Upgrade

$1,450/mo

727 ft² · $1.99/ft² · #725-30

Up $11 since Aug 12 (was $1,439)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
822-3	1 x 1 - Full Upgrade	1bd / 1ba	470	$1,153	$2.45	2026-10-15	Pro	Up $9 since Aug 12
823-2	Studio - Full Upgrade	Studio / 1ba	317	$1,177	$3.71	2026-09-17	Pro	Up $2 since Jul 31
841-2	Studio - Prior Renovation	Studio / 1ba	317	$1,188	$3.75	2026-09-21	Pro	Down $9 since Aug 14
835-1	Studio - Full Upgrade	Studio / 1ba	317	$1,197	$3.78	2026-09-27	Pro	Up $2 since Jul 31
822-2	1 x 1 - Prior Renovation	1bd / 1ba	470	$1,304	$2.77	2026-08-16	Pro
725-06	2 x 1 - Full Upgrade	2bd / 1ba	727	$1,364	$1.88	2026-08-17	Pro	Down $11 since Aug 14
725-10	2 x 1 - Prior Renovation	2bd / 1ba	727	$1,388	$1.91	2026-08-16	Pro	Down $10 since Aug 14
725-12	2 x 1 - Prior Renovation	2bd / 1ba	727	$1,388	$1.91	2026-08-26	Pro	Down $10 since Jul 19
810-2	2 x 1 - Full Upgrade	2bd / 1ba	633	$1,397	$2.21	2026-08-16	Pro	Down $10 since Aug 14
725-30	2 x 1 - Full Upgrade	2bd / 1ba	727	$1,450	$1.99	2026-08-16	Pro	Up $11 since Aug 12
725-11	2 x 1 - Prior Renovation	2bd / 1ba	727	$1,463	$2.01	2026-10-16	Pro
712-2	2 x 1	2bd / 1ba	943	$1,469	$1.56	2026-10-11	Pro	Up $13 since Aug 13
810-3	2 x 1 - Prior Renovation	2bd / 1ba	633	$1,498	$2.37	2026-08-21	Pro	Down $30 since Aug 13
836-3	2 x 1 - Full Upgrade	2bd / 1ba	943	$1,587	$1.68	2026-08-16	Pro	Up $1 since Aug 12

Fees, Parking & True Monthly Cost

Monthly Fees

$81/mo

Added to base rent automatically

True Monthly Cost

$1,234

Starting price + fees

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.