If you’re searching for a new place to live in Tempe, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Tempe neighborhoods have continued to increase over the years. Luckily, even in 2026, there are some Tempe neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Tempe for renters is sorted by lowest median rental rates compared to the Tempe average.
