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Average Rent in Tempe & Rent Trends

Rent prices and market trends across 1 apartment community in Tempe, Tempe AZ. Updated daily.

Market Average

$1,443

/month

▲ +1.1% from last month

Lowest Available

$1,253

Communities

1

Units Listed

14

Tempe vs Tempe AZ Average

Tempe is cheaper the Tempe AZ average by $670/mo (32%). The citywide average is $2,113/mo across all neighborhoods.

Is Rent Going Up or Down in Tempe?

As of April 2026, the average rent in Tempe is $1,443 per month across 1 apartment community and 14 available units. Rents have increased $18 (1.1%) over the past month.

The most affordable option is Vela at Tempe Town Lake starting at $1,253/mo. By unit type, a studio averages $1,443/mo.

Prices range from $1,253 to $1,509 per month. The most common price point is the $1,400 range, where 13 units are currently listed.

Tempe Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Tempe

Studio
$1,443
from $1,253 · 14 units

Rent Prices by Apartment in Tempe

Property Starting at Average Units Rating
Vela at Tempe Town Lake $1,253/mo $1,443/mo 14 4.1

Google Search Trends for Tempe Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Tempe

What is the average rent in Tempe?
The average rent in Tempe is $1,443 per month as of April 2026, based on 14 units across 1 apartment communities.
Is rent going up or down in Tempe?
Rent in Tempe has increased $18 (1.1%) over the past month. The current average is $1,443/mo.
What is the cheapest apartment in Tempe?
The most affordable apartment in Tempe is Vela at Tempe Town Lake with units starting at $1,253/mo.
How many apartments are available in Tempe?
There are 14 units available across 1 apartment communities in Tempe.

Explore Tempe Apartments

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