Apartments in Tempe Under $700

Tempe has dozens of apartment communities convenient to ASU and other prominent local sites. The average apartment in the area rents for a little more than $1,000 a month, with plenty of luxury and well-appointed apartment communities in the area. If you’re looking for an apartment that costs less than $700, though, you’ll have to forego the more upscale communities.

  • Warren House 24th

    3024 N 24th St, Phoenix, AZ 85016

    $493 - $634
    1 - 1 Bedrooms


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  • Verano Townhomes

    13820 S. 44th St., Phoenix, AZ 85044

    $459 - $673
    2 - 3 Bedrooms


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  • University Park

    1005/1023 East University Drive, Tempe, AZ 85281

    $550 - $650
    1 - 2 Bedrooms


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  • Tidewood Apartments

    4021 N 40th Street, Phoenix, AZ 85018

    $525 - $525
    1 - 1 Bedrooms


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  • The Apex on Central

    40 East Sunland Ave, Phoenix, AZ 85040

    $365 - $629
    1 - 2 Bedrooms


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  • Tempe Apartments

    2141 East University Drive, Tempe, AZ 85281

    $279 - $603
    1 - 3 Bedrooms


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  • Sycamore Square

    1120 South Sycamore, Mesa, AZ 85202

    $438 - $438
    2 - 2 Bedrooms


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  • Supersition Villas

    2055 East Hampton, Mesa, AZ 85204

    $343 - $550
    1 - 2 Bedrooms


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  • Sunshine Valley

    1650 South Arizona Avenue, Chandler, AZ 85286

    $363 - $363
    2 - 2 Bedrooms


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  • Suncrest Apartments

    111 North Mesa Drive, Mesa, AZ 85201

    $390 - $681
    1 - 2 Bedrooms


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  • Sonoma Villas

    1800 East Covina Street Mesa Arizona 85203

    $0 - $0
    1 - 2 Bedrooms


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  • Scottsdale Haciendas

    985 North Granite Reef RoadScottsdale, AZ 85257

    $510 - $660
    2 - 2 Bedrooms


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  • Papago Vista

    5312 East Taylor Street, Phoenix, AZ 85008

    $350 - $600
    1 - 2 Bedrooms


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  • Papago Fairways

    5343 East Taylor Street, Phoenix, AZ 85008

    $375 - $635
    1 - 2 Bedrooms


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  • Mountain Vista Apartments

    358 East Roeser, Phoenix, AZ 85040

    $233 - $530
    1 - 3 Bedrooms


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  • Mountain View Condo Rentals

    425 East Brown Road, Mesa, AZ 85215

    $284 - $348
    2 - 3 Bedrooms


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  • Monterrey Village

    4707 East McDowell Road, Phoenix, AZ 85008

    $355 - $629
    1 - 2 Bedrooms


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  • Mesa Summit

    505 South Roosevelt Road, Mesa, AZ 85202

    $350 - $675
    1 - 2 Bedrooms


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  • Mesa Park

    604 W. 8th Ave, Mesa, AZ 85210

    $329 - $425
    2 - 3 Bedrooms


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  • La Petite Chateau Apartments

    1254 East Broadway Mesa, AZ 85204

    $539 - $649
    1 - 1 Bedrooms


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  • La Costa Apartment Homes at Dobson

    1820 W Lindner Ave, Mesa, AZ 85202

    $505 - $505
    2 - 2 Bedrooms


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  • Heritage Pointe

    275 W Juniper Ave,Gilbert, AZ 85233

    $408 - $463
    2 - 2 Bedrooms


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  • Hayden Terrace Apartments

    1925 E Hayden Ln, Tempe, AZ 85281

    $0 - $0
    2 - 2 Bedrooms


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  • Hayden Lane

    1920 East Hayden Lane Tempe, AZ 85281

    $600 - $600
    2 - 2 Bedrooms


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  • Gilbert Square

    1821 East Covina Mesa, AZ 8520

    $385 - $605
    1 - 2 Bedrooms


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  • Garden Terrace

    4848 E Holly Street, Phoenix, AZ 85008

    $338 - $550
    1 - 2 Bedrooms


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  • Falling Waters

    4301 N. 24th Street Phoenix, AZ 85016

    $0 - $0
    1 - 3 Bedrooms


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  • Dobson Bay Club

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

    $0 - $0
    2 - 3 Bedrooms


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  • Cypress Commons

    447 W Rio Salado Pkwy, Mesa, AZ 85201

    $375 - $375
    2 - 2 Bedrooms


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  • Carlyle Apartments at South Mountain

    5151 E Guadalupe Rd Phoenix, AZ 85044

    $430 - $573
    2 - 3 Bedrooms


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  • Brix

    1424 S. Jentilly Lane Tempe, AZ 85281

    $425 - $650
    1 - 2 Bedrooms


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  • Boulder Creek

    915 North 52nd Street, Phoenix, AZ 85008

    $317 - $531
    1 - 2 Bedrooms


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  • Argenta

    4104 E Broadway Road Mesa, Arizona 85206

    $450 - $699
    1 - 2 Bedrooms


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  • Arcadia Place Condos

    3445 N 36th Street, Phoenix, Arizona 85018

    $488 - $488
    2 - 2 Bedrooms


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  • Anzio

    1330 W. Broadway Rd Tempe, AZ 85282

    $0 - $0
    1 - 2 Bedrooms


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  • The Standard

    615 S Hardy Drive Tempe, AZ 85281

    $418 - $418
    2 - 2 Bedrooms


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  • The Nines Apartment Homes

    999 E Baseline DriveTempe, AZ 85283

    $413 - $413
    2 - 2 Bedrooms


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  • San Palmilla

    750 W. Baseline Road, Tempe, AZ 85283

    $583 - $620
    2 - 2 Bedrooms


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  • Residences at Fountainhead

    2520 S. Plaza Drive Tempe , AZ 85282

    $0 - $0

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  • Ravenwood Heights

    647 West Baseline Road Tempe,AZ 85283

    $699 - $699
    2 - 2 Bedrooms


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  • Galleria Palms

    1600 W La Jolla Drive Tempe, AZ 85282

    $392 - $533
    1 - 3 Bedrooms


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  • Eden

    2045 S McClintock Dr, Tempe, 85282

    $458 - $475
    2 - 2 Bedrooms


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  • Arbour Park

    1901 E. Apache Blvd.Tempe, AZ 85281

    $0 - $0
    1 - 1 Bedrooms


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  • Allure at Tempe

    1155 West Grove ParkwayTempe, AZ 85283

    $324 - $483
    2 - 4 Bedrooms


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  • 1133 West Fifth

    1133 West Fifth St. | Tempe, AZ 85281

    $0 - $0
    2 - 2 Bedrooms


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Still, $700 a month can put you into several nice apartment developments. Although most of these are not brand new, many are thoughtfully appointed with amenities. To stay within budget in these apartment complexes, you will likely need to choose a one-bedroom or studio apartment. This gives you access to a community with important perks like swimming pools, recreation courts, gathering areas, air conditioning and Internet service. These communities, however, may not pay for all utilities, so it’s important to verify the utilities that are included in the price.

It’s also possible to find two-bedroom apartments in Tempe for less than $700, but there are often several trade-offs involved. In most cases, larger apartments in this price range may be in older developments in less-serviced neighborhoods.You may also have to give up some nice amenities such as swimming pools and recreation areas.

You may not have to compromise on location, though, to find a nice apartment for less than $700. Tempe apartment prices seem to be fairly consistent throughout town. As a result, you won’t necessarily pay less for an apartment that’s five miles from ASU than you would for an apartment across the street from ASU.

As you’re calculating your housing expenses, be sure to include other relevant costs such as transportation from your selected location. Take a look at the services and types of stores that are nearby. An apartment that seems to be a bargain doesn’t offer much savings if you have to spend an hour to get to school or work. It’s even less of a deal if you have to travel several miles to get to a grocery store or other common destination.