Tempe, Arizona — Apartment rents
03What apartments cost in Tempe.
Advertised starting prices at 20 complexes, checked daily.
Market temperature
Tempe · 20 complexesTempe’s rental market is hot.
Landlords are raising prices and pulling specials. Expect less room to negotiate.
- Prices · 90d
- +3.0%
- median change
- Raised · cut
- 5 · 7
- complexes, last 30 days
- Weeks free
- 5.9
- −0.9 vs 90 days ago
Based on how landlords are pricing, not renter demand: price changes over 90 and 30 days, and whether specials are growing or shrinking. Updated daily.
Best time to sign a lease
Tempe · 16 complexesCheapest month
December
Starting rents ran about −4.5% versus trend, and +5.7% in August, the priciest month.
Specials peak in January, when 100% of complexes offer one (about 8 weeks free).
Show as a table
| Month | vs trend | With a special | Weeks free (avg) |
|---|---|---|---|
| January | −2.2% | 100% | 8.1 |
| February | −1.9% | 90% | 8.6 |
| March | −1.3% | 84% | 9 |
| April | +0.2% | 94% | 8.9 |
| May | +2.4% | 90% | 8.7 |
| June | +2.1% | 93% | 8.6 |
| July | −0.9% | 93% | 8.3 |
| August | +5.7% | not reported | — |
| September | +4.7% | not reported | — |
| October | +2.6% | 100% | 8 |
| November | −1.5% | 95% | 8 |
| December | −4.5% | 100% | 7.9 |
Based on 626 price checks across 16 complexes, Jun 2025 – Nov 2026. Each complex’s overall price trend is removed first, so this shows the seasonal pattern rather than the market moving up or down. That’s about one year of seasons, so treat it as an early read. Months marked “—” for specials had no specials data in the archived pages.
- Dwell at 5th and FarmerMark-TaylorUp to 6 weeks free≈ $1,016/mo with special$1,149−$5decrease
- Ten01Mark-TaylorUp to 10 weeks free≈ $964/mo with special$1,194+$7increase
- Emerson Mill AvenueMark-TaylorUp to 10 weeks free≈ $1,049/mo with special$1,299+$20increase
- Tempe VistaAvanti ResidentialMove-in special$1,299
- The Palms on ScottsdaleMark-TaylorUp to 4 weeks free≈ $1,206/mo with special$1,307−$53decrease
- The HyveMark-TaylorUp to 4 weeks free≈ $1,283/mo with special$1,390−$85decrease
- NexaMark-TaylorUp to 6 weeks free≈ $1,283/mo with special$1,450−$24decrease
- San CapellaMark-TaylorUp to 8 weeks free + Waived application and admin fees≈ $1,248/mo with special$1,475−$40decrease
- San MarbeyaMark-TaylorUp to 12 weeks free≈ $1,142/mo with special$1,485+$156increase
- San PalmillaMark-TaylorUp to 6 weeks free≈ $1,318/mo with special$1,490−$100decrease
- MAA FountainheadMAA$1,493
- Camden TempeCamden$1,509
- Camden SoteloCamden$1,529
- Hudson on FarmerMark-TaylorUp to 6 weeks free≈ $1,367/mo with special$1,545+$21increase
- Lakeside Drive ApartmentsMark-TaylorUp to 10 weeks free≈ $1,259/mo with special$1,559−$56decrease
- Cortland South MountainCortland$1,565
- Alexan TempeMark-TaylorUp to 8 weeks free + $1,000 off≈ $1,270/mo with special$1,599no change · 30d
- Mira TempeMark-TaylorUp to 12 weeks free≈ $1,249/mo with special$1,624no change · 30d
- The LocalMark-TaylorUp to 8 weeks free≈ $1,374/mo with special$1,624−$50decrease
- San SonomaMark-TaylorUp to 8 weeks free≈ $1,413/mo with special$1,670+$25increase
Tempe rankings
All listsFrequently asked questions
updated daily1. What is the average rent in Tempe, AZ?
The typical starting rent at Tempe, AZ apartment complexes is $1,492 a month, the median of the lowest advertised price at 20 complexes we check every day. Starting prices are usually for the smallest unit.
2. What is the cheapest apartment complex in Tempe, AZ?
Dwell at 5th and Farmer has the lowest advertised starting rent in Tempe, at $1,149 a month. Next are Ten01 ($1,194) and Emerson Mill Avenue ($1,299).
3. What is the best apartment deal in Tempe, AZ once specials are counted?
With its special (up to 10 weeks free), Ten01 works out to about $964 a month on a 12-month lease, the lowest in Tempe once free weeks and discounts are spread over the lease. That’s a best case: “up to” specials can be smaller on some units.
4. How much has rent in Tempe, AZ changed in the last month?
Over the last month, the typical complex’s starting rent fell $5 in Tempe, AZ. Of 15 complexes with prices from then, 8 cut prices and 5 raised them.
5. How has rent in Tempe, AZ changed in the last year?
Over the last year, the typical complex’s starting rent rose $25 in Tempe, AZ. Of 16 complexes with prices from then, 7 cut prices and 9 raised them.
6. How many apartments in Tempe, AZ offer move-in specials?
16 of 20 complexes in Tempe (80%) are advertising a move-in special right now. The typical one is up to 8 weeks free, and the biggest is up to 12 weeks.
7. When is the cheapest time to rent an apartment in Tempe, AZ?
Based on Tempe’s price history, starting rents have been lowest in December and highest in August, after removing each complex’s overall trend.
8. Is Tempe, AZ a renter’s market right now?
Tempe’s rental market is hot, based on how landlords are pricing: the typical starting rent rose 3.0% over 90 days, 5 complexes raised prices and 7 cut them over 30 days, and specials average 5.9 weeks free. Expect less room to negotiate.
9. How does rent in Tempe, AZ compare with the rest of the Phoenix area?
Tempe’s typical starting rent of $1,492 is 2% higher than the Phoenix-area median of $1,456.
10. Which company manages the most apartment complexes we track in Tempe, AZ?
Mark-Taylor manages 15 complexes of the 20 we track in Tempe.