Rental market snapshot for Tempe, Arizona
Tempe, Arizona Rental Property Market Overview
The average rent for an apartment in Tempe is $2,055. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 1.8% over the past year.
Tempe is a city in the Salt River Valley of Arizona. The city is home to Arizona State University. The city has a population of 185,038 and is the fifth largest city in Arizona. The city is also home to the Tempe Marketplace, a large outdoor shopping mall.
Last Updated December 23, 2022
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Sign upAverage monthly rent graph in Tempe Arizona | Cost of Living
- The most expensive ZIP Code in Tempe is 85282 with an average price of $2,390
- The cheapest ZIP Code in Tempe is 85281 with an average price of $1,870
Tempe ZIP Codes with the highest, most expensive rent
| # | zip code | average rent |
|---|---|---|
| 1 | 85282 | $2,390 |
| 2 | 85284 | $2,330 |
| 3 | 85281 | $2,250 |
| 4 | 85283 | $2,225 |
| 5 | 85282 | $2,215 |
| 6 | 85283 | $2,150 |
| 7 | 85281 | $2,108 |
Live near Tempe, Arizona's Top Sights and Attractions
Tempe Town Lake is a man-made reservoir located in Tempe, Arizona. It is one of the largest urban lakes in the United States. The lake is used for recreation, including boating, fishing, and swimming.
Papago Park is a desert oasis with hiking trails, a golf course, and a zoo. The park is home to the iconic red rocks of the Valley of the Sun, and offers stunning views of the cityscape.
The Western Canal is a man-made waterway that runs through the city of Tempe, Arizona. The canal is used for irrigation, recreation, and to help control flooding.
Museum Of Geology is a museum in Tempe, Arizona that is dedicated to the study of geology. The museum has a wide variety of exhibits that showcase the different aspects of geology, and also has a number of educational programs that are designed to teach people about the science of geology.
The Highline Canal is a man-made waterway that runs for over 40 miles through the desert landscape of Tempe, Arizona. The canal is used for irrigation purposes, but also provides a unique and scenic setting for hiking, biking, and horseback riding.
Hollis Park is a beautiful park located in Tempe, Arizona. The park features a variety of amenities including a playground, picnic tables, a basketball court, and a walking trail. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.
Kiwanis Community Park is a large park with a playground, a basketball court, a volleyball court, a pond, and a walking trail.
Papago Park West Park Trailhead is a popular spot for locals and tourists alike to come and enjoy the outdoors. The trailhead provides access to a variety of different trails, all of which offer stunning views of the surrounding area. The trails are well-maintained and provide a great way to get some exercise while taking in the natural beauty of the area.
Tempe, Arizona area median rent change by ZIP Code map
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Sign upHow does Tempe compare to other cities in Arizona ?
| city | median price |
|---|---|
| Bullhead City | $1,500 |
| Casa Grande | $1,895 |
| Goodyear | $2,095 |
| Waddell | $2,240 |
| Tucson | $1,750 |
| Glendale | $1,995 |
| Florence | $1,800 |
| Carefree | $5,000 |
| New River | $2,620 |
| Cave Creek | $3,000 |
Average household income in Tempe area graph - US Census
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Sign upThe median household income in Tempe in 2021 was $61,290. This represents a 26.1% change from 2011 when the median was $48,618.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 9.1% |
| 1 | $10,000 to $14,999 | 3.3% |
| 2 | $15,000 to $19,999 | 3.4% |
| 3 | $20,000 to $24,999 | 4.2% |
| 4 | $25,000 to $29,999 | 3.2% |
| 5 | $30,000 to $34,999 | 4.7% |
| 6 | $35,000 to $39,999 | 3.7% |
| 7 | $40,000 to $44,999 | 4.9% |
| 8 | $45,000 to $49,999 | 4.3% |
| 9 | $50,000 to $59,999 | 7.9% |
| 10 | $60,000 to $74,999 | 11.3% |
| 11 | $75,000 to $99,999 | 13.2% |
| 12 | $100,000 to $124,999 | 9.5% |
| 13 | $125,000 to $149,999 | 5.8% |
| 14 | $150,000 to $199,999 | 6.0% |
| 15 | $200,000 or more | 5.6% |
