Tempe, AZ rental market

What is the average rent in Tempe, AZ?

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Last updated November 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Tempe, AZ is $1,850.

Average rent

$1,850

Month-over-monthMoM change

-$100

Year-over-yearYoY change

-$145

Available rentals

827

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $600 to $11,000.

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Rent frequencies
Rent priceNumber of rental properties
$5001
$60013
$70023
$80024
$90025
$1,00034
$1,10042
$1,20046
$1,30059
$1,40052
$1,50053
$1,60050
$1,70036
$1,80045
$1,90055
$2,00031
$2,10032
$2,20045
$2,30036
$2,40039
$2,50039
$2,60017
$2,70023
$2,80027
$2,90030
$3,00016
$3,1008
$3,2008
$3,3008
$3,40015
$3,50014
$3,6003
$3,7007
$3,8006
$3,90010
$4,0004
$4,1003
$4,2006
$4,3001
$4,4005
$4,5004
$4,7002
$4,9008
$5,000+15

Average rent price over time

In the last year, rent has decreased by $145 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,995$1,953
Feb$1,999$2,195
Mar$2,250$2,299
Apr$2,300$2,300
May$2,295$2,300
Jun$2,292$2,250
Jul$2,250$2,295
Aug$2,195$2,199
Sep$2,050$2,100
Oct$1,995$1,951
Nov$1,995$1,850
Dec$2,000No data

Market temperature

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

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Tempe, AZ is 7% lower than the national average.

Tempe, AZvs.
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$1,850

$2,000

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Frequently asked questions

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

The average rent in Tempe, AZ is $1,850.

2. What is the average rent for a studio apartment in Tempe, AZ?

The average rent for a studio apartment in Tempe, AZ is $1,300 per month.

3. What is the average rent for a one-bedroom apartment in Tempe, AZ?

The average rent for a one-bedroom apartment in Tempe, AZ is $1,261 per month.

4. What is the average rent for a two-bedroom apartment in Tempe, AZ?

The average rent for a two-bedroom apartment in Tempe, AZ is $1,595 per month.

5. What is the average rent for a three-bedroom apartment in Tempe, AZ?

The average rent for a three-bedroom apartment in Tempe, AZ is $2,345 per month.

6. What is the average rent for a four-bedroom apartment in Tempe, AZ?

The average rent for a four-bedroom apartment in Tempe, AZ is $2,032 per month.

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

Houses in Tempe, AZ rent between $600 - $11,000 with an average rent of $1,850.

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

In the last year, the rent in Tempe, AZ decreased by $145

9. 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 $100

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

There are currently 827 rentals available in Tempe, AZ.

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

The average rent in Tempe, AZ is $1,850 — 7.5% lower the national average of $2,000.

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