Rental market trends for
Tempe, AZ
The average rent price in Tempe was $1,487 last month, down $38 month over month.
Median rent
Month-over-month change
Average rent in Tempe
In January 2025, Tempe rental prices decreased $38 compared to last month.
Median rent of neighborhoods in Tempe
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| South Phoenix | $2,250 | -2.17% |
| South Mountain | $2,200 | +2.21% |
| Dobson Ranch | $1,711 | +0.71% |
| Downtown Tempe | $2,300 | +9.79% |
| West Mesa | $1,562 | +4.17% |
| Corona-South Tempe | $3,190 | +19.92% |
| Apache | $1,725 | -6.76% |
| Downtown Tempe-Rio Salado | $1,823 | +14.12% |
| Mesa Grande | $1,395 | -15.45% |
Average rent of nearby cities
Here's how Tempe's average rent of $1,487 compares to nearby cities.
More resources for Tempe
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| Condos for rent in Tempe | |||
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| Townhomes for rent in Tempe | |||
| Apartments for rent in Tempe | |||
| Rooms for rent in Tempe |
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