Rent Trends for Apartments in Downtown Tempe
August 2026
| Bedroom count | Downtown Tempe | vs Last Month |
|---|---|---|
| Studio | $850 |  down 9.38% |
| 1 Bedroom | $1,782 |  up 4.82% |
| 2 Bedroom | $2,563 | down 4.90% |
| 3 Bedroom | $2,300 | No change |
Median rent as of July 19, 2026
This August, we've analyzed our 17 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 increased by 30.74% to $1,782.
Neighborhoods Near Downtown Tempe
Find Your Dream Apartment for Rent in Downtown Tempe
PadMapper has 17 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.
Rent
Length
Bedrooms
20 Results
Must-see$1,150–$2,330
2 Bedrooms Apartment · Phoenix, AZ
Must-see$1,049
2 Bedrooms Apartment · Phoenix, AZ
$1,363–$2,735
1–2 Bedrooms Apartments · Downtown Tempe, Tempe
$2,050–$2,810
Studio–2 Bedrooms Apartments · Downtown Tempe, Tempe
$4,000
2 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$1,995
2 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$2,300
3 Bedrooms · 2 Bathrooms Apartment · Downtown Tempe, Tempe
5+ Days Ago
$2,995
1 Bedroom · 1 Bathroom Apartment · Downtown Tempe, Tempe
5+ Days Ago
$900–$2,972
Studio–2 Bedrooms Apartments · Tempe, AZ
$1,095–$1,525
1–2 Bedrooms Apartments · Tempe, AZ
$3,250
4 Bedrooms · 3 Bathrooms Apartment · Tempe, AZ
5+ Days Ago
$2,595
2 Bedrooms · 2 Bathrooms Apartment · Riverside, Tempe
5+ Days Ago
$1,095
2 Bedrooms · 1 Bathroom Apartment · Riverside, Tempe
5+ Days Ago
$2,590
3 Bedrooms · 2 Bathrooms Apartment · Tempe, AZ
5+ Days Ago
$1,500
2 Bedrooms Apartment · Riverside, Tempe
$1,275
1 Bedroom Apartment · Riverside, Tempe
$2,995–$3,395
3 Bedrooms Apartments · Tempe, AZ
$1,299
2 Bedrooms Apartment · Riverside, Tempe
$2,695
3 Bedrooms · 3 Bathrooms Apartment · Riverside, Tempe
3 Hours Ago
$1,654–$2,545
Studio–2 Bedrooms Apartments · Tempe, AZ
$1,645–$2,075
1 Bedroom Apartments · Tempe, AZ
$2,230
3 Bedrooms · 2 Bathrooms Apartment · Tempe, AZ
5+ Days Ago
That's All Folks!
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