Rental market snapshot for Tempe, Arizona
Tempe, Arizona Rental Property Market Overview
Tempe, Arizona is a vibrant city located in the Phoenix metropolitan area. As of 2021, the US Census estimates that the population of Tempe is 184,118. Tempe is home to Arizona State University, which is the largest public university in the United States. The city is known for its diverse culture, vibrant nightlife, and numerous outdoor activities. Tempe is also home to a variety of businesses, including technology, finance, and healthcare. With its diverse population, vibrant culture, and numerous amenities, Tempe is an ideal place to live and work. (Source: US Census, 2021)
The average rent for an apartment in Tempe is $2,123. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Average monthly rent graph in Tempe Arizona | Cost of Living
- The most expensive ZIP code in Tempe is 85284 with an average price of $2,672.
- The cheapest ZIP code in Tempe is 85281 with an average price of $1,981.
Tempe ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 85284 | $2,672 |
| 2 | 85288 | $2,204 |
| 3 | 85282 | $2,165 |
| 4 | 85281 | $1,981 |
Live near Tempe, Arizona's Top Sights and Attractions
Tempe Town Lake is a popular recreational area located in the heart of the city. It is a two-mile long urban lake that is surrounded by lush green parks, trails, and a variety of outdoor activities. The lake is a great spot for fishing, kayaking, paddle boarding, and more. It is also home to a variety of wildlife, including ducks, geese, and other waterfowl. The lake is a popular spot for joggers, cyclists, and walkers, and it is a great place to take in the stunning views of the surrounding cityscape.
Papago Park is a desert oasis located in the heart of the Sonoran Desert. It is a popular destination for outdoor recreation, offering a variety of activities such as hiking, biking, and bird watching. The park is home to two of the most iconic landmarks in the area, Hole-in-the-Rock and the Phoenix Zoo. It also features a variety of trails, picnic areas, and a lake. The park is a great place to explore the desert landscape and take in the stunning views of the surrounding mountains.
Western Canal is a picturesque walking path located in the heart of Tempe. It stretches for over two miles, winding through lush green parks and along the banks of the Salt River. Along the way, visitors can enjoy stunning views of the river and the surrounding desert landscape, as well as a variety of wildlife. The path is lined with benches and picnic tables, making it a great spot for a leisurely stroll or a picnic. There are also several bridges that cross the canal, providing access to the other side.
Museum Of Geology is an educational and interactive museum located in Tempe, Arizona. It features a variety of exhibits that showcase the geology of the region, including fossils, minerals, rocks, and meteorites. Visitors can explore the museum's interactive displays, which include interactive maps, 3D models, and interactive activities. The museum also offers educational programs, lectures, and workshops.
Highline Canal is a 71-mile long urban trail that winds through the desert landscape of Arizona. It is a popular destination for hikers, joggers, and cyclists, as well as those looking for a peaceful escape from the hustle and bustle of the city. The trail is lined with lush vegetation and wildlife, and offers stunning views of the surrounding mountains and desert. Along the way, visitors can explore historical sites, take in the beauty of the desert, and enjoy the tranquility of the canal.
Hollis Park is a lush green oasis located in the heart of the desert. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of wildlife. The park is a great place to relax, take a stroll, or have a picnic. It is also a popular spot for bird watching, as many species of birds can be seen in the area. The park is also home to a variety of native plants and trees, making it a great place to learn about the local flora and fauna.
Kiwanis Community Park is a sprawling outdoor recreation area located in the heart of the desert. It features a variety of activities for all ages, including a large lake for fishing, a playground, and a skate park. There are also several walking and biking trails, picnic areas, and a disc golf course. The park is also home to a variety of wildlife, including ducks, geese, and other birds.
Papago Park West Park Trailhead is a popular outdoor destination located in Tempe, Arizona. It features a variety of trails for hikers, bikers, and runners of all skill levels. The trails wind through a desert landscape of cacti, mesquite trees, and other native vegetation. The park also offers picnic areas, playgrounds, and a lake for fishing. Visitors can also explore the nearby Hole-in-the-Rock, a unique geological formation. Papago Park West Park Trailhead is a great place to explore the beauty of the desert and enjoy some outdoor recreation.
Kiwanis is a large park located in Tempe, Arizona. It features a variety of outdoor activities, including a playground, picnic areas, a lake, and a walking path. The park also has a variety of sports fields, including baseball, softball, and soccer. There are also several pavilions and a large amphitheater for outdoor concerts and events. Kiwanis is a great place to spend a day outdoors with family and friends.
Creamery Park is a picturesque outdoor space located in the heart of a bustling college town. It features a large grassy area with plenty of trees for shade, a playground, and a splash pad for kids to cool off in the summer. There is also a walking path that winds around the park and a pond with a fountain in the center. The park is a popular spot for picnics, outdoor concerts, and other events.
Tempe, Arizona area median rent change by ZIP code map
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
How does Tempe compare to other cities in Arizona?
| city | median price |
|---|---|
| Lukachukai | $2,375 |
| Gilbert | $2,350 |
| Marana | $2,150 |
| Queen Creek | $2,125 |
| Youngtown | $2,095 |
| Surprise | $2,040 |
| Flagstaff | $1,950 |
| Sahuarita | $1,910 |
| Casa Grande | $1,895 |
| Maricopa | $1,875 |
Average household income in Tempe area graph - US Census
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
The median household income in Tempe in 2021 was $64,080. This represents a 33.8% change from 2011 when the median was $47,882.
| # | 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% |
