Cheap Apartments in Tempe

You're ready to move into a new apartment, but you don't have much room in your budget for rent. You don't want to sign a lease and then struggle to maintain a comfortable lifestyle, so you're searching for cheap apartments in Tempe. Before you start that search, keep in mind that there are four primary factors that can determine the price of an apartment: location, size, community amenities, and interior features.

  • Warren House 24th

    3024 N 24th St, Phoenix, AZ 85016

    $493 - $634
    1 - 1 Bedrooms


    VIEW LISTING
  • Tidewood Apartments

    4021 N 40th Street, Phoenix, AZ 85018

    $525 - $525
    1 - 1 Bedrooms


    VIEW LISTING
  • The Apex on Central

    40 East Sunland Ave, Phoenix, AZ 85040

    $365 - $629
    1 - 2 Bedrooms


    VIEW LISTING
  • Tempe Apartments

    2141 East University Drive, Tempe, AZ 85281

    $279 - $603
    1 - 3 Bedrooms


    VIEW LISTING
  • Sycamore Square

    1120 South Sycamore, Mesa, AZ 85202

    $438 - $438
    2 - 2 Bedrooms


    VIEW LISTING
  • Supersition Villas

    2055 East Hampton, Mesa, AZ 85204

    $343 - $550
    1 - 2 Bedrooms


    VIEW LISTING
  • Sunshine Valley

    1650 South Arizona Avenue, Chandler, AZ 85286

    $363 - $363
    2 - 2 Bedrooms


    VIEW LISTING
  • Sonoma Villas

    1800 East Covina Street Mesa Arizona 85203

    $0 - $0
    1 - 2 Bedrooms


    VIEW LISTING
  • Papago Vista

    5312 East Taylor Street, Phoenix, AZ 85008

    $350 - $600
    1 - 2 Bedrooms


    VIEW LISTING
  • Papago Fairways

    5343 East Taylor Street, Phoenix, AZ 85008

    $375 - $635
    1 - 2 Bedrooms


    VIEW LISTING
  • Mountain Vista Apartments

    358 East Roeser, Phoenix, AZ 85040

    $233 - $530
    1 - 3 Bedrooms


    VIEW LISTING
  • Mountain View Condo Rentals

    425 East Brown Road, Mesa, AZ 85215

    $284 - $348
    2 - 3 Bedrooms


    VIEW LISTING
  • Monterrey Village

    4707 East McDowell Road, Phoenix, AZ 85008

    $355 - $629
    1 - 2 Bedrooms


    VIEW LISTING
  • Mesa Park

    604 W. 8th Ave, Mesa, AZ 85210

    $329 - $425
    2 - 3 Bedrooms


    VIEW LISTING
  • La Petite Chateau Apartments

    1254 East Broadway Mesa, AZ 85204

    $539 - $649
    1 - 1 Bedrooms


    VIEW LISTING
  • La Costa Apartment Homes at Dobson

    1820 W Lindner Ave, Mesa, AZ 85202

    $505 - $505
    2 - 2 Bedrooms


    VIEW LISTING
  • Heritage Pointe

    275 W Juniper Ave,Gilbert, AZ 85233

    $408 - $463
    2 - 2 Bedrooms


    VIEW LISTING
  • Hayden Terrace Apartments

    1925 E Hayden Ln, Tempe, AZ 85281

    $0 - $0
    2 - 2 Bedrooms


    VIEW LISTING
  • Hayden Lane

    1920 East Hayden Lane Tempe, AZ 85281

    $600 - $600
    2 - 2 Bedrooms


    VIEW LISTING
  • Gilbert Square

    1821 East Covina Mesa, AZ 8520

    $385 - $605
    1 - 2 Bedrooms


    VIEW LISTING
  • Garden Terrace

    4848 E Holly Street, Phoenix, AZ 85008

    $338 - $550
    1 - 2 Bedrooms


    VIEW LISTING
  • Falling Waters

    4301 N. 24th Street Phoenix, AZ 85016

    $0 - $0
    1 - 3 Bedrooms


    VIEW LISTING
  • Dobson Bay Club

    1331 W. Baseline Road, #201 Mesa, AZ 85202

    $0 - $0
    2 - 3 Bedrooms


    VIEW LISTING
  • Cypress Commons

    447 W Rio Salado Pkwy, Mesa, AZ 85201

    $375 - $375
    2 - 2 Bedrooms


    VIEW LISTING
  • Carlyle Apartments at South Mountain

    5151 E Guadalupe Rd Phoenix, AZ 85044

    $430 - $573
    2 - 3 Bedrooms


    VIEW LISTING
  • Boulder Creek

    915 North 52nd Street, Phoenix, AZ 85008

    $317 - $531
    1 - 2 Bedrooms


    VIEW LISTING
  • Arcadia Place Condos

    3445 N 36th Street, Phoenix, Arizona 85018

    $488 - $488
    2 - 2 Bedrooms


    VIEW LISTING
  • Anzio

    1330 W. Broadway Rd Tempe, AZ 85282

    $0 - $0
    1 - 2 Bedrooms


    VIEW LISTING
  • The Standard

    615 S Hardy Drive Tempe, AZ 85281

    $418 - $418
    2 - 2 Bedrooms


    VIEW LISTING
  • The Nines Apartment Homes

    999 E Baseline DriveTempe, AZ 85283

    $413 - $413
    2 - 2 Bedrooms


    VIEW LISTING
  • San Palmilla

    750 W. Baseline Road, Tempe, AZ 85283

    $583 - $620
    2 - 2 Bedrooms


    VIEW LISTING
  • Residences at Fountainhead

    2520 S. Plaza Drive Tempe , AZ 85282

    $0 - $0

    VIEW LISTING
  • Galleria Palms

    1600 W La Jolla Drive Tempe, AZ 85282

    $392 - $533
    1 - 3 Bedrooms


    VIEW LISTING
  • Eden

    2045 S McClintock Dr, Tempe, 85282

    $458 - $475
    2 - 2 Bedrooms


    VIEW LISTING
  • Arbour Park

    1901 E. Apache Blvd.Tempe, AZ 85281

    $0 - $0
    1 - 1 Bedrooms


    VIEW LISTING
  • Allure at Tempe

    1155 West Grove ParkwayTempe, AZ 85283

    $324 - $483
    2 - 4 Bedrooms


    VIEW LISTING
  • 1133 West Fifth

    1133 West Fifth St. | Tempe, AZ 85281

    $0 - $0
    2 - 2 Bedrooms


    VIEW LISTING

Location. Some neighborhoods are more expensive than others, and you may find that many of the cheapest apartments are located in less desirable areas. If you depend on public transportation or want to keep your commute to work or the ASU campus reasonable, you may have fewer neighborhood options.

Size. Many cheap apartments in Tempe are lofts or one-bedroom units. Some may have mini appliances due to limited kitchen space, and a loft typically features one open room with an attached bathroom. If you need multiple bedrooms at an affordable price, look for apartments with multiple floor plans for two or three-bedroom units. You may get a price break if you select a unit in a less desirable position within the community or with less square footage.

Community Amenities. The more amenities offered within an apartment complex, the more you can expect to pay even for a one-bedroom unit. You have to determine if you want to pay more for access to a swimming pool, recreation center or dog park.

Interior Features. Cheap apartments won't come with crown molding and vaulted ceilings. Many units won't come with a dishwasher, and you may have to settle for window or portable air conditioners. You have to decide if you're willing to sacrifice some of the conveniences that others enjoy in order to save on rent.

Before you start looking for apartments, commit your budget to paper. Determine the maximum amount that you can pay for rent each month as well as the amount that you would prefer to pay. Make sure to consider the cost of utilities, food, transportation and other expenses unique to your lifestyle. You don't want to guess how much you can afford and then find yourself struggling to pay rent.

Are Utilities-Included Apartments Cheaper?

Don't assume that an apartment will save you money if the utilities are built into the rental agreement. Your landlord will estimate the cost of electricity for your unit or the apartment complex as a whole, and then they will add a flat rate to the rental fee to account for the utility bills. This estimate is created for your unit before you move in, so it's not based on how much electricity and gas you actually use.

The landlord isn't required to show you the actual bills, and they can charge more than they pay out for your unit. In some cases, you will actually save more money by moving into a cheap apartment and hooking the electricity up in your name. You will pay only for the electricity that you use, and there are many ways that you can conserve in order to keep your bill to a minimum.

The Pros and Cons of Roommates

If you want to live in a nice apartment complex with some amenities but can't afford the rent, consider moving into a larger apartment with roommates. You each pay your share of the rent and enjoy a more spacious or luxurious living environment. This also gives you the comfort of having other people in your household, which is always nice if you're moving to Tempe to attend ASU and don't know many people in the area.

The downside is that you have to live with other people. You may enjoy the social aspect at times, but you will also have to deal with the habits and lifestyle patterns of each roommate. You may also have to sacrifice some of your privacy if you have more than one roommate and there is always someone else roaming around your apartment.

If you decide to take on a roommate or two, make sure to ask the following questions to limit your chances of ending up with an incompatible houseguest:

  • What hours do you typically keep during the week? What about on the weekends?
  • How often do you invite friends over?
  • Do you plan to have parties in the apartment?
  • Do you smoke, drink or use illegal drugs?
  • Do you have a boyfriend or girlfriend? If so, how much time would they spend at the apartment?
  • Do you have children? If so, how often will they visit the apartment?
  • Are you good at keeping your personal space clean?
  • How often will you cook in the apartment? If daily, do you agree to wash your own dishes and keep the kitchen sanitary?
  • Do you have a job? If not, how do you plan to pay your part of the rent?
  • Why are you interested in moving at this time?
  • Are you willing to commit to a one-year lease and have your name on that lease?

Don't feel awkward asking someone you don't know well about their finances or the situation with their current or previous living arrangement. If they are responsible enough to keep up with the rent and help you maintain a clean and comfortable living space, then they will want to ask you the same questions.

Even with roommates, you should try to find cheap apartments that offer adequate space for every tenant. Ideally, you will select the apartment together so that you can pick a floor plan and location that works for each of you. If you can't work it out, then you may need to find a small apartment and live alone.