Rental market trends for
Tempe, AZ
The average rent price in Tempe was $1,589 last month, up $14 month over month.
Median rent
Month-over-month change
Average rent in Tempe
In August 2025, Tempe rental prices increased $14 compared to last month.
Median rent of neighborhoods in Tempe
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| South Phoenix | $2,250 | -2.17% |
| Dobson Ranch | $1,711 | +0.71% |
| South Mountain | $2,200 | +2.21% |
| Downtown Tempe | $2,300 | +9.79% |
| West Mesa | $1,562 | +4.17% |
| Papago-North Tempe | $2,042 | -6.44% |
| Apache | $1,725 | -6.76% |
| Mesa Grande | $1,395 | -15.45% |
| Villagio at Tempe | $2,100 | -16.00% |
Average rent of nearby cities
Here's how Tempe's average rent of $1,589 compares to nearby cities.
More resources for Tempe
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| Condos for rent in Tempe | Rental listings in Tempe | ||
| Houses for rent in Tempe | |||
| Townhomes for rent in Tempe | |||
| Apartments for rent in Tempe | |||
| Rooms for rent in Tempe |
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