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VERVE Tempe apartments in Tempe, AZ

Updated

VERVE Tempe

1047 S Terrace Rd, Tempe, AZ 85281, USA

5 (108 reviews) Official Website

Live pricing, refreshed

18
Units Listed
$1,124
Starting at
$1,375
Average
$1,629
Highest
$1.18
Per Sq Ft

How does this compare? View Tempe 85281 rent trends

Beds

Pricing by Bedroom

2 Bed
$1,521
from $1,299 · 4 units
~767 sqft avg
3 Bed
$1,535
from $1,524 · 2 units
~1,049 sqft avg
4 Bed
$1,300
from $1,124 · 12 units
~1,323 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 (4)

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: observed data only.

Observed Lease Revenue

$7,849/mo

from 6 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,308

vs $1,375 current asking ($67 negotiation gap)

Recent Lease Activity

24 units tracked; 6 assumed leased, 18 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

18

Good availability

18 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

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

Available Units

18 units
4 Bed 4BR-1247
$1,124/mo
1,247 ft² · $0.90/ft\u00B2 · #4BR-1247
4 Bed 4BR-1300
$1,229/mo
1,300 ft² · $0.95/ft\u00B2 · #4BR-1300
2 Bed 2BR-757
$1,299/mo
757 ft² · $1.72/ft\u00B2 · #2BR-757
4 Bed 4BR-1233
$1,299/mo
1,233 ft² · $1.05/ft\u00B2 · #4BR-1233
4 Bed 4BR-1329
$1,309/mo
1,329 ft² · $0.98/ft\u00B2 · #4BR-1329
4 Bed 4BR-1335
$1,309/mo
1,335 ft² · $0.98/ft\u00B2 · #4BR-1335
4 Bed 4BR-1351
$1,309/mo
1,351 ft² · $0.97/ft\u00B2 · #4BR-1351
4 Bed 4BR-1382
$1,309/mo
1,382 ft² · $0.95/ft\u00B2 · #4BR-1382
4 Bed 4BR-1310
$1,334/mo
1,310 ft² · $1.02/ft\u00B2 · #4BR-1310
4 Bed 4BR-1316
$1,334/mo
1,316 ft² · $1.01/ft\u00B2 · #4BR-1316

Train activity

Train activity nearby

Freight line 2,610 ft away · 13 trains/day

  • 7 daytime, 6 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.

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Tempe 85281 Rent Trends

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