How many rentals under $1,500 are available in Tempe right now?

Rentler currently shows 199 rentals in Tempe priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.

What types of units can I find under $1,500 in Tempe?

At the under $1,500 price point in Tempe, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.

What's the difference between cheap, affordable, and low-income apartments?

These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.

Are there pet-friendly rentals under $1,500 in Tempe?

Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.

Can I negotiate rent in Tempe?

Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.

Tempe, AZ Rentals Under $1,500/mo – Page 4

273 Results

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$1,199

2 beds1 bath850 sqftApartment

61-65 N. May, Mesa, AZ, 85201

$1,299

1 bed1 bath698 sqftApartment

950 S Terrace Road, Tempe, AZ, 85281

$1,089

1 bed1 bath600 sqftApartment

1112 South San Jose, Mesa, AZ, 85202

$999

Studio1 bath350 sqftApartment

710 S Hardy Dr, Tempe, AZ, 85281

$999

Studio1 bath350 sqftApartment

710 S Hardy Dr, Tempe, AZ, 85281

$800

Studio1 bath500 sqftHouse

407 W. Howe, Tempe, AZ, 85281

$1,135

Studio1 bath450 sqftApartment

710 S Hardy Dr, Tempe, AZ, 85281

$1,315

2 beds2 baths868 sqftApartment

2343 W. MAIN St, Mesa, AZ, 85201

$1,155

2 beds1.5 baths840 sqftApartment

2343 W. MAIN St, Mesa, AZ, 85201

$1,024

1 bed1 bath450 sqftApartment

2240 W University Dr., Mesa, AZ, 85201

$1,500

2 beds1 bath950 sqftHouse

418 W Pebble Beach Dr, Tempe, AZ, 85282

$1,363

1 bed1 bath640 sqftApartment

615 S. Farmer Ave., Tempe, AZ, 85281

$1,440

2 beds2 baths934 sqftHouse

1905 E University Dr Unit 115, Tempe, AZ, 85288

$899

Studio1 bath350 sqftApartment

2240 W University DR, Mesa, AZ, 85201

$999

1 bed1 bath450 sqftApartment

2240 W University DR, Mesa, AZ, 85201

$999

1 bed1 bath450 sqftApartment

2240 W University DR, Mesa, AZ, 85201

$1,200

1 bed1 bath625 sqftApartment

1532 South Price Road, Tempe, AZ, 85281

$1,325

2 beds1 bath725 sqftApartment

1532 South Price Road, Tempe, AZ, 85281

$1,175

1 bed1 bath670 sqftApartment

5350 E Taylor St, Phoenix, AZ, 85008

$1,395

2 beds1 bath1,055 sqftHouse

925 N COLLEGE AVE #F121, TEMPE, AZ, 85281

$1,350

1 bed1 bath1,000 sqftApartment

909 S Mariana St, Tempe, AZ, 85281

$875

1 bed1 bath620 sqftApartment

5312 E. Taylor Street, Phoenix, AZ, 85008

$1,150

2 beds1 bath650 sqftApartment

1433 S. Kenneth Place, Tempe, AZ, 85281

$1,325

2 beds2 baths880 sqftApartment

1850 E Hayden Ln, Tempe, AZ, 85281

Showing 24 of 273 results

Rentals in Tempe, AZ Under $1,500/mo

Find rentals in Tempe, AZ under $1,500 a month. Search for 1 and 2-bedroom rentals by unit type, amenities, and more - updated daily on Rentler.

What to Know Before Renting Under $1,500 in Tempe, AZ

Rentals under $1,500 per month cover a wide share of Tempe inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Tempe.

Affordable Rentals by Tempe Neighborhood

Downtown Tempe/Mill Avenue

In Downtown Tempe and Mill Avenue, renters can find apartments, condos, and loft-style rentals. The local inventory is mainly new construction and renovated buildings, with many luxury communities with prices above the $1,660/mo city average. Studios and 1-bedrooms make up most of the rental market, but there are also some 2-bedrooms available. The area has many parks, urban amenities, and walkable streets, making rentals extremely pet-friendly. Locals use the Valley Metro Rail to reach Downtown Phoenix, Mesa, and Arizona State University campuses. All things considered, Downtown Tempe and Mill Avenue are great for young professionals, students, and renters who don’t want to rely only on cars for daily travel.

Arizona State University Area

The Arizona State University area consists of mostly roommate-style student apartments, condos, and townhomes with studios, 1-bedrooms, and 2-bedrooms. Most of the rental inventory is mid-era to new builds, but there are also luxury rental communities with premium amenities and higher rents. Many listings are pet-friendly, especially those surrounding dog parks, green spaces, and walkable streets. Residents take Apache Boulevard, Rural Road, and the Valley Metro Rail to reach campus, Downtown Tempe, and nearby jobs. Besides ASU college students and faculty, this neighborhood is best for graduate researchers and roommates seeking places for rent in Tempe.

South Tempe/Kyrene Corridor

Offering apartments, townhomes, and single-family homes, South Tempe and the Kyrene Corridor have mid-era and new builds with 2-bedroom and 3-bedroom layouts. As far as pricing goes, the neighborhood’s rentals fall around Tempe’s mid-range of $1,660/mo. Properties with fenced-in yards, larger floor plans, and nearby parks are the most pet-friendly. Loop 101, I-10, and Kyrene Road lead to Phoenix, Chandler, and local employers. Overall, South Tempe and Kyrene Corridor are strong options for growing families, professionals, and long-term renters who want a large home to grow roots in.

Maple-Ash/Mitchell Park

Maple-Ash and Mitchell Park have older apartments, duplexes, and historic single-family homes. Studios, 1-bedroom, and 2-bedroom layouts are most common. While most properties are older builds, rent prices align with Tempe’s average monthly rate of $1,660/mo. However, some apartments run for under $1,500/mo. Because of the neighborhood’s larger lots and private yards, many rentals are pet-friendly. Maple-Ash and Mitchell Park are walkable, but locals also use University Drive and Mill Avenue to reach the ASU campus, Downtown Tempe, and the Valley Metro Rail. Overall, Maple-Ash and Mitchell Park are best for students, solo renters, and professionals looking for affordable housing near campus.

Tempe Town Lake/Rio Salado

Tempe Town Lake and the Rio Salado corridor are known for luxury apartments, condos, and mixed-use rentals with studios, 1-bedrooms, and 2-bedrooms. A large share of the inventory is new construction, and the area has upscale communities with resort-style amenities. Because of its premium inventory, rent prices in Tempe Town Lake and Rio Salado are higher than the city’s average of $1,660/mo. Most rentals are pet-friendly, especially apartment communities with private dog parks, walking paths, and convenient access to lakefront trails. Rio Salado Parkway and Loop 202 connect to Downtown Phoenix, Scottsdale, and Phoenix Sky Harbor International Airport. This upscale pocket of Tempe is best for high-income professionals and couples who travel often who want waterfront amenities, easy commuting, and premium amenities.