Tempe — Mark-Taylor

85281

Last checked Nov 11 · tracked since Jun 2025

The Hyve

1260 E University Dr, Tempe, AZ 85281

Starting at

$1,390

+$94increasesince Jun 22, 2025
With special01
$1,283
per month, best case on a 12-month lease
vs. Tempe02
▼ −$102
7% below the $1,492 city median
Tempe market03
how landlords are pricing
Managed by04
SpecialUp to 4 weeks freeAdvertised rent usually doesn’t include specials, so what you pay can be lower.

What the special is worth

best case · edit any number
Lease length
Effective rentper month
$1,283

Saves $1,283 over 12 months · $15,397 total

Free weeks are spread across the whole lease (a week is 12⁄52 of a month’s rent). “Up to” specials can be smaller on some units, and some only apply to certain lease lengths, so ask which units qualify.

Advertised rent over time
$1,250$1,300$1,350$1,400$1,450$1,500Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Nov 2026$1,390
Show as a table
DateStarting at
Nov 11, 2026$1,390
Nov 10, 2026$1,390
Nov 9, 2026$1,390
Nov 1, 2026$1,375
Oct 27, 2026$1,375
Oct 17, 2026$1,475
Oct 3, 2026$1,475
Jul 15, 2026$1,350
Jul 11, 2026$1,350
Jun 7, 2026$1,360
May 18, 2026$1,335
May 16, 2026$1,335
Apr 24, 2026$1,365
Mar 26, 2026$1,395
Mar 13, 2026$1,395
Feb 22, 2026$1,395
Feb 18, 2026$1,385
Feb 13, 2026$1,385
Feb 4, 2026$1,385
Jan 23, 2026$1,420
Jan 16, 2026$1,395
Jan 8, 2026$1,395
Jan 2, 2026$1,395
Dec 16, 2025$1,395
Dec 12, 2025$1,395
Dec 6, 2025$1,395
Nov 28, 2025$1,399
Nov 22, 2025$1,399
Nov 15, 2025$1,399
Nov 8, 2025$1,399
Nov 1, 2025$1,422
Oct 21, 2025$1,296
Oct 15, 2025$1,296
Oct 11, 2025$1,296
Oct 4, 2025$1,404
Sep 27, 2025$1,404
Sep 18, 2025$1,296
Sep 13, 2025$1,404
Sep 6, 2025$1,404
Aug 29, 2025$1,404
Jun 22, 2025$1,296

Starting price vs.

lowest advertised price
1 month ago01
▼ −$85
was $1,475
3 months ago02
▲ +$40
was $1,350
6 months ago03
▲ +$30
was $1,360
1 year ago04
▼ −$5
was $1,395

Best time to sign a lease

this complex

Cheapest month

May

Starting rents ran about −3.7% versus trend, and +2.7% in August, the priciest month.

It advertised a special in every month we have data for. Most generous in July, at about 10 weeks free.

Cheaper than trendPricierBottom row: share of checks with a special
Show as a table
Monthvs trendWith a specialWeeks free (avg)
January+1.7%100%4
February+0.6%100%4
March+0.9%100%4
April−1.4%100%4
May−3.7%100%4
June−3.5%100%8
July−2.9%100%10
August+2.7%not reported—
September+0.5%not reported—
October−0.7%100%4
November+0.8%100%4
December+1.4%100%4

Based on 41 price checks, 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.

Good time to negotiate?

from advertised prices

1 of 3 signs point to room to negotiate.

  • Price dropped recently: yesThe starting price fell $85 in the last 30 days.
  • Bigger special than usual: no4 weeks free, the same as usual over the last 6 months.
  • Cheap time of year: noNovember rents at this complex usually run 0.8% above the yearly average.

Signals, not guarantees. A lower price is never promised, but these are good reasons to ask for one, or for a bigger special.

Message you can send

Hi, I'm interested in renting at The Hyve and could move in soon. I see your starting price is $1,390 with up to 4 weeks free. Alexan Tempe is working out to about $1,270 a month with its current special. Is there anything you can do to get closer to that, like a bigger special or waiving the application and admin fees? I noticed the price came down recently, so I'm hoping there's some flexibility. Could you also send me prices for 12, 13 and 15-month leases? Thank you!

How to use it

  • Ask for prices on several lease lengths and move-in dates.
  • If the rent won’t move, ask for waived fees or a bigger special.
  • Get any deal in writing before you sign.
How to negotiate, step by step →

Reviews & location

The Hyve

1260 E University Dr
Tempe, AZ 85281

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Neighborhood

public data
Flood zone
Moderate risk
Zone X (shaded): about a 0.2% chance of flooding in any year.

Nearest public schools

Arizona A–F letter grade

  • BASU Preparatory Academy DigitalK–12 · Charter0.1 mi
  • BNew School for the Arts Middle SchoolMiddle · Charter0.5 mi
  • –Humanities And Sciences Academy ArizonaNo grade1.0 mi
  • AInternational Commerce High School - TempeHigh · Charter1.1 mi
  • –Children First Academy - TempeNo grade1.1 mi

The closest schools, not necessarily the ones this address is zoned for. Check the school district’s boundary finder before you sign. Charter schools take students from anywhere.

Flood zones from FEMA’s National Flood Hazard Layer. Groceries, parks and transit stops from OpenStreetMap, which can miss places. Crime data from the City of Phoenix Open Data portal. School locations from the National Center for Education Statistics; letter grades from the Arizona State Board of Education.

Estimated electric bill

rough estimate · edit the size
Electric company

Ask the leasing office which one serves the building.

Rent plus power averages about $1,360 a month ($77 power).

Each month

Hover or tap a bar

Highest
$131
Jul
Average
$77
Lowest
$41
Feb
Per year
$918
total
JFMAMJJASOND

A rough guide, not a quote: it assumes a typical all-electric apartment with central AC, at roughly 12¢ per kWh, before the utility’s fixed monthly service charge. Your bill depends on your plan (time-of-use plans can cost more or less), the thermostat, the unit’s age and sun exposure. Many complexes also bill water, sewer and trash separately.

Public records

county & city records
Owner of record1 parcel
ICG1031 TEMPE DST
Built
2015
per County Assessor
Last sold
$84.5M
Feb 1, 2021

Code-enforcement and eviction records aren’t available for Tempe yet. We currently cover Phoenix and Mesa, and add cities as their records become available.

Records are matched to the complex’s county parcel (13234005), so complaints filed under any of its addresses count. A complaint isn’t a confirmed violation; check its status. Eviction filings come from Maricopa County Justice Courts data published by the City of Phoenix, and larger complexes naturally have more. Tenant names are never collected. Property facts from the Maricopa County Assessor. Last recorded sale $84,500,000.

Prices are what Mark-Taylor advertised on its website, checked daily since Jun 22, 2025. Contact the property to confirm current pricing. Before you sign, read up on your rights as an Arizona renter.

Landlord’s site

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