Rent Trends for Apartments in Downtown Tempe
May 2026
| Bedroom count | Downtown Tempe | vs Last Month |
|---|---|---|
| Studio | $850 |  down 9.38% |
| 1 Bedroom | $1,474 | down 42.15% |
| 2 Bedroom | $2,200 | No change |
| 3 Bedroom | $2,700 | No change |
Median rent as of May 3, 2026
This May, we've analyzed our 18 listings in Downtown Tempe to determine the rent trend. We're updating our tables in real time to give you the most up to date Downtown Tempe median apartment rent prices by bedroom count.
The median rent for a studio apartment remained the same at $850, while the median rent for a 1 bedroom apartment remained the same at $1,474.
Neighborhoods Near Downtown Tempe
Find Your Dream Apartment for Rent in Downtown Tempe
PadMapper has 18 condos, houses, and apartments for rent in Downtown Tempe.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
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Length
Bedrooms
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20 Results
Must-see$995–$1,600
2 Bedrooms Apartment · Phoenix, AZ
$2,050–$2,810
Studio–2 Bedrooms Apartments · Downtown Tempe, Tempe
$2,495
1 Bedroom · 1 Bathroom Apartment · Downtown Tempe, Tempe
5+ Days Ago
$999
1 Bedroom Apartment · Downtown Tempe, Tempe
$1,650
2 Bedrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$2,850
2 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$2,550
2 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$3,000
3 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$2,200
2 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$2,995
1 Bedroom · 1 Bathroom Apartment · Downtown Tempe, Tempe
5+ Days Ago
$1,157–$1,874
Studio–2 Bedrooms Apartments · Tempe, AZ
$1,095–$1,495
1–2 Bedrooms Apartments · Tempe, AZ
$2,521–$2,750
3 Bedrooms Apartments · Riverside, Tempe
$2,900
3 Bedrooms · 2 Bathrooms Apartment · Tempe, AZ
5+ Days Ago
$2,595
2 Bedrooms · 2 Bathrooms Apartment · Riverside, Tempe
5+ Days Ago
$3,850
6 Bedrooms · 4 Bathrooms Apartment · Tempe, AZ
5+ Days Ago
$2,995
3 Bedrooms Apartment · Tempe, AZ
$1,495
2 Bedrooms Apartment · Tempe, AZ
$1,199–$1,299
1–2 Bedrooms Apartments · Riverside, Tempe
$2,995
3 Bedrooms · 2 Bathrooms Apartment · Mitchell Park West, Tempe
5+ Days Ago
$1,654–$2,545
Studio–2 Bedrooms Apartments · Tempe, AZ
That's All Folks!
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