For $500 a month, there are some studio and one-bedroom apartments available in Tempe and the surrounding area. These apartments are usually in smaller, older apartment communities with few extra amenities. So while you won’t likely find swimming pools or fun recreation areas in these apartment complexes, you will find the typical features. Amenities such as parking, laundry facilities and storage are commonly included. Utility costs may or may not be included, so be sure to check whether you will be responsible for those extra costs.
Rent prices are mostly steady throughout the region, and apartments near ASU cost about the same as comparable apartments in other parts of Tempe. However, some of the lesser-served neighborhoods may offer deals in your price range, and some smaller nearby towns may be a good option.
If you want more amenities in larger apartment communities, you may need to get creative. Look for move-in specials that could lower our overall costs. Consider taking a roommate. Check to see if you qualify for rental assistance programs.
Be sure to calculate any potential extra costs so you aren’t caught off-guard at the end of the month. Transportation costs can be pricey if your apartment building is far from your daily destinations. Cooling costs can be significant, depending on the type of cooling unit installed in the apartment. Find out what air conditioning unit is available, and check with the local power company to determine your expected costs. Finally, Tempe is a very safe community, but it’s also a good idea to check out the safety of your potential neighborhood.