Like any large city, home prices in Tempe have continued to increase over the years. Fortunately, there are still some neighborhoods in Tempe that offer some affordable housing options. These are the cheapest neighborhoods in Tempe for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Tempe.

Population 1,143
-96%
Median Home Value $18,384
96% less expensive than Tempe
Population 159
-46%
Median Home Value $284,157
46% less expensive than Tempe
Population 2,959
-45%
Median Home Value $287,382
45% less expensive than Tempe
Population 5,774
-43%
Median Home Value $296,948
43% less expensive than Tempe
Population 2,033
-42%
Median Home Value $302,156
42% less expensive than Tempe
Population 976
-40%
Median Home Value $314,632
40% less expensive than Tempe
Population 3,993
-36%
Median Home Value $336,232
36% less expensive than Tempe
Population 1,663
-34%
Median Home Value $346,504
34% less expensive than Tempe
Population 4,034
-33%
Median Home Value $351,195
33% less expensive than Tempe
Population 236
-30%
Median Home Value $367,199
30% less expensive than Tempe
Is This the Right Place for You? Local Insights Report
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Local Insights Report