With its close proximity to Phoenix and Arizona State University, Tempe, AZ, draws residents with its beautiful desert landscapes, sunny weather, and thriving arts and culture scene. Whether it’s the annual Tempe Arts Festival, the delicious Southwestern cuisine, or the stunning hiking trails of Papago Park, there’s always something to explore and enjoy in Tempe. If you’re considering moving to Tempe, the average rent is $1,793, while the median home sale price is $444,500.
To help you find the right area, Redfin has compiled a list of 6 popular Tempe neighborhoods to visit. From the bustling Downtown Tempe to the serene Kiwanis Park neighborhood, Tempe offers unique neighborhoods that cater to different lifestyles and preferences. If you’re looking for apartments for rent in Tempe or homes for sale in this vibrant city, Tempe has something for everyone.
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1. Corona-South Tempe
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Corona-South Tempe is located in the southern part of Tempe. This neighborhood is home to the beautiful Kiwanis Park and is close to the Pima Canyon Trailhead. Residents can also find lots of shopping centers and the picturesque Ken McDonald Golf Course. Corona-South Tempe has a mix of single-family homes and townhouses, ranging from modern to traditional.
Median Sale Price: $605,000
Homes for Sale in Corona-South Tempe | Apartments for Rent in Corona-South Tempe
2. Downtown Tempe (Mill Avenue District)
Downtown Tempe, also known as the Mill Avenue District, is a vibrant and bustling neighborhood in the heart of Tempe. It’s home to the iconic Temple Beach Park and the historic Hayden Flour Mill. The neighborhood offers easy access to popular attractions such as the Tempe Center for the Arts, Hayden Butte, and the ASU Art Museum. Downtown Tempe has modern high-rise condos and historic bungalow-style homes.
Median Sale Price: $450,000
Average Rent for 1-Bedroom Apartment: $1,300 | Average Rent for 2-Bedroom Apartment: $1,895
Homes for Sale in Downtown Tempe | Apartments for Rent in Downtown Tempe
3. Kiwanis Park
Kiwanis Park is a charming neighborhood near the scenic Kiwanis Park and Recreation Center. Residents and visitors can enjoy the beautiful lake, picnic areas, and sports facilities. The neighborhood is close to the Tempe History Museum and the popular Arizona Mills shopping center. The housing options in Kiwanis Park include ranch-style homes and modern condos.
Median Sale Price: $510,000
Homes for Sale in Kiwanis Park | Apartments for Rent in Kiwanis Park
4. Mitchell Park East
Mitchell Park East is a historic neighborhood known for its tree-lined streets and charming bungalow homes. It is located near the vibrant Mill Avenue District and offers easy access to the popular Mitchell Park. The neighborhood is also near the Arizona State University campus and downtown Tempe. Mitchell Park East features a mix of historic bungalow homes and modern developments.
Median Sale Price: $680,000
Homes for Sale in Mitchell Park East | Apartments for Rent in Mitchell Park East
5. Riverside
Riverside is a picturesque neighborhood located along the banks of the Salt River. It’s home to the scenic Tempe Beach Park and Rio Salado Park. The neighborhood is known for its vibrant arts scene with venues like the Tempe Center for the Arts. Riverside has a range of modern waterfront condos and historic single-family homes.
Median Sale Price: $800,000
Average Rent for 1-Bedroom Apartment: $1,495 | Average Rent for 2-Bedroom Apartment: $1,595
Homes for Sale in Riverside | Apartments for Rent in Riverside
6. Sunset
Sunset is a great neighborhood known for its beautiful desert landscapes and stunning mountain views. It’s a residential area just east of Riverside. Sunset has plenty of modern stucco homes and Spanish-style villas. The architectural styles in this neighborhood offer a blend of contemporary and Mediterranean designs.
Median Sale Price: $322,000
Average Rent for 1-Bedroom Apartment: $1,740 | Average Rent for 2-Bedroom Apartment: $1,561
Homes for Sale in Sunset | Apartments for Rent in Sunset
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during March 2024. Average rental data from Rent.com during March 2024.
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