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Apartments Near ASU

781 - 781 of 781 Results
22
$2,700
New Rental Price: $2,700 Per Month (utilities Included). Special Conditions: Immediate Move-in Only; Lease Must Be Signed For Move-in By 7/19/2024.
4721 N 24th St Phoenix, AZ
3 BR | Available Now
8.1 miles from center of campus
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Dog Friendly
Cat Friendly
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Camelback East Village
781 - 781 of 781 Results
  1. Home
  2. Phoenix, AZ Area Apartments
  3. Tempe
  4. Arizona State University
Frequently Asked Questions

How many apartments are available in Tempe, AZ on Rentable.co?

Rentable.co has over 19,440 apartments available in Tempe.

What is the average rent for a studio apartment in Tempe, AZ?

The average rent for a studio apartment in Tempe is around $1,200 per month.

What is the average rent for a one-bedroom apartment in Tempe, AZ?

The average rent for a one-bedroom apartment in Tempe is around $1,400 per month.

What is the average rent for a two-bedroom apartment in Tempe, AZ?

The average rent for a two-bedroom apartment in Tempe is around $1,640 per month.

How expensive is it to rent an apartment in Tempe, AZ?

For a two-bedroom apartment in Tempe, the average rent price is $1,640 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Tempe, AZ?

Based on average rent prices in Tempe, to afford a studio apartment you would need an annual household income of $48,000 to live comfortably.

Arizona State University

ASU has earned the distinction of having the highest enrollment out of any public university in the country. There are over 70,000 students if you add up the tallies from every campus. This large student body is diverse: around one out of every twenty students is from another country. White students are the majority at ASU with 60% of the population, but other ethnicities like Latinos, African-Americans, and Asians comprise almost a third of the student body (28%). With over 1,000 student organizations and multiple campuses that are individually larger than most public colleges, you will be a small fish in a huge pond if you go to ASU. ASU’s ranking in Playboy’s 2011 list of Top 10 Party Schools confirmed what the students and Tempe locals already know: ASU has one of the best college nightlife scenes in the entire United States. Playboy ranked it third on the list, and it was only one of two Western colleges on the list (UCal-Santa Barbara being the other). There are plenty of bars, clubs, music venues, and parties both on-campus and in the city that have enough variety to keep both current students and post-grad students satisfied. The weekends usually start early (either Wednesday or Thursday), so there’s always something going on around the area.

Tempe:
December Rent Report

Welcome to the December 2024 Tempe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Tempe rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Tempe and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Tempe average rent prices in the chart below.

Monthly Rent Report

$2,000
$1,500
$1,000
$500
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Tempe Rent Prices Increase From November to December

Tempe rent prices increased over the last month. From November to December, the city experienced a 4.29% increase for the price of a one-bedroom apartment. The rent price for a Tempe one-bedroom apartments currently stands at $1,556.0.

When we take a look at the two-bedroom comparison from November to December, Tempe experienced a 0.39% increase for the price of a two-bedroom apartment. The rent price for a Tempe two-bedroom apartments currently stands at $1,805.0.

December Prices: Tempe vs. Surrounding Areas

Rent Prices in Tempe and Surrounding Areas

Rent prices have increased in Tempe over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Tempe suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Tempe suburbs

  • Rents did not decrease in any of the Tempe suburbs.

December 2024 Pricing Trends: Tempe vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Tempe Rent Prices More Affordable Than Major Cities

Rent growth in Tempe over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Tempe average rent prices appear to be relatively affordable for local residents.

The price for a Tempe one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Tempe and surrounding area rent prices, take a look at the complete data set below.

Data set for Tempe and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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