Rental market trends for
Tempe, AZ
The average rent price in Tempe was $1,585 last month, up $9 month over month.
Median rent
$1,585
Month-over-month change
+$9
Average rent in Tempe
In August 2025, Tempe rental prices increased $9 compared to last month.
$1,585
+0.57% month over 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% |
| Apache | $1,725 | -6.76% |
| Corona-South Tempe | $3,190 | +19.92% |
| Villagio at Tempe | $2,100 | -16.00% |
Last updated: 09/24/2025
Average rent of nearby cities
Here's how Tempe's average rent of $1,585 compares to nearby cities.
Last updated: 09/24/2025
More resources for Tempe
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| Condos for rent in Tempe | Rental listings in Tempe | ||
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