Tempe, AZ rental market

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Last updated August 16, 2025

Rental market summary

The average rent for 1 bedroom properties in Tempe, AZ is $1,300.

Average rent

$1,300

Month-over-month change

$0

Year-over-year change

-$45

Available rentals

183

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $695 to $4,300.

Rent frequencies
Rent priceNumber of rental properties
$7002
$8004
$90011
$1,00010
$1,10033
$1,20041
$1,30028
$1,40015
$1,50015
$1,6008
$1,70010
$1,8009
$1,9001
$2,0004
$2,1003
$2,4001
$2,5002
$2,7001
$3,2001
$3,3001
$4,300+1

Average rent price over time

In the last year, rent has decreased by $45 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,350$1,299
Feb$1,325$1,299
Mar$1,300$1,300
Apr$1,350$1,325
May$1,359$1,299
Jun$1,375$1,299
Jul$1,349$1,323
Aug$1,350$1,310
Sep$1,346No data
Oct$1,306No data
Nov$1,299No data
Dec$1,299No data

Market temperature

The Tempe, AZ rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Tempe, AZ is 18% lower than the national average.

Tempe, AZvs.

$1,300

$1,590

Rent in Tempe, AZ

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Frequently asked questions

1. What is the average rent in Tempe, AZ?

The average rent in Tempe, AZ is $2,099.

2. How much does it cost to rent a house in Tempe, AZ?

Houses in Tempe, AZ rent between $625 - $6,500 with an average rent of $2,099.

3. How has the rent in Tempe, AZ changed in the last year?

In the last year, the rent in Tempe, AZ decreased by $69

4. How much has the rent in Tempe, AZ increased/decreased in the last month?

In the last month, the rent in Tempe, AZ decreased by $96

5. How many available rentals are there in Tempe, AZ?

There are currently 956 rentals available in Tempe, AZ.

6. How do rent prices in Tempe, AZ compare with the national average?

The average rent in Tempe, AZ is $2,099 — Infinity% higher the national average of $0.