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.