Apartment Rent in Tempe
Phoenix, Arizona · AZ
Avg 1BR Rent $1,625 /month
Rent by Bedroom Count
Studio $1,325/mo ~646 sq ft $2.05/sq ft
1 Bedroom $1,625/mo ~897 sq ft $1.81/sq ft
2 Bedrooms $2,575/mo ~1301 sq ft $1.98/sq ft
3 Bedrooms $3,275/mo ~1659 sq ft $1.97/sq ft
Market Metrics
Year-over-Year Change -0.1% Rents declining
Vacancy Rate 8.4% Plenty of options
Walk Score 54/100 Somewhat Walkable
Transit Score 87/100 Excellent Transit
What to Budget
At $1,625/mo for a 1-bedroom in Tempe, you should budget at least $4,875/mo in gross income (the standard 30% rule). For a studio at $1,325/mo, you'd need roughly $3,975/mo.
Studio income needed $3,975/mo
1BR income needed $4,875/mo
2BR income needed $7,725/mo
Moving to Tempe?
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