Median rent for residential apartments in as of Nov, 2019.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
569 Tempe apartments for rent
Tempe
Arizona State University is located here, so students should look for apartments in Tempe for rent. Of course, like any college area, Tempe is the place for young people to find the best dive bars and dance clubs in Phoenix. And don’t forget to grab some study fuel from one of the many food trucks in the area! Studios for rent in Tempe start at $849, but this may fluctuate during the year. Prices can rise in September when the area is flooded with ASU freshmen searching for apartments for rent.
| Population | 174,708 |
| Median Age | 28.5 |
| Poverty Rate | 20% |
| Median Income (Household) | $50,474 |
| Number Of Employees | 93,099 |
| Median Property Value | $219,900 |
City Overview
The median household income in Tempe, AZ is around $50,474, while the median age is 28.5. This city is a home to major universities: Doctoral Universities: Moderate Research Activity, University of Phoenix-Arizona, and Doctoral Universities. 93,099 employees work in Tempe, AZ. The homeownership rate among the residents is 40.95%. The median property value that you should keep in mind is $219,900.
Business & Economy
Wage by Common Jobs
Average salary: $34,527
- 1. Elementary & middle school teachers$41,127
- 2. Retail salespersons$41,080
- 3. Secretaries & administrative assistants$36,539
- 4. Nursing, psychiatric, & home health aides$29,983
- 5. Cashiers$23,905
Employment by Occupations
Employment by Industries
Demographics
Race & Ethnicity
Non-English Speakers
Education
Past year Tempe, AZ universities awarded around 175,547 degrees. Statistics show that the population of students in Tempe, AZ include 26,277 male students and 43,591 female students. Tempe, AZ offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the University of Phoenix-Arizona with the majority of graduates. The Arizona State University-Tempe and Rio Salado College hold the second and the third place respectively. The share of the public colleges in Tempe, AZ is 43.3% and 56.7% go to the private colleges.
Universities
- 1. University of Phoenix-Arizona47,716 graduates
- 2. Arizona State University-Tempe13,876 graduates
- 3. Rio Salado College5,794 graduates
Public vs Private
- Public56.7%
- Private43.3%
Health and Safety
The age groups that most likely have the health care coverage in Tempe, AZ are 6-17 years old for men and 6-17 years old for women. Tempe, AZ offers a 71 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 64 to 1, speaking of mental health doctors ratio, it’s 118 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 71 |
| Dentists | 1 to 64 |
| Mental Health | 1 to 118 |
| Other | 1 to 81 |
Transportation
Commute Time
Average travel time: 19.81 minutes
- USA
- Tempe, AZ
Commuter Transportation
- USA
- Tempe, AZ
Housing Trends
Tempe, AZ, USA Housing Trends
Average rent in Tempe: $1,729 (-1.9%)
| Rent Price | Nov | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,138 | -3.2% |
| 2 bed rentals | $1,739 | -2.3% |
| 3 bed rentals | $2,644 | -4.3% |
| 4+ bed rentals | $2,297 | -0.6% |
| Rent Type Price | Nov | vs Last Month |
|---|---|---|
| Apartment rentals | $1,627 | -1.5% |
| House rentals | $2,439 | -7.3% |
| Townhouse rentals | $2,269 | -4.1% |
| Room rentals | $644 | -0.5% |
| Loft rentals | $2,771 | -1.3% |
Over the Dec 2019, the average rent for an apartment in/near Tempe, AZ decreased by 2% to $1764. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 3.3% to $1175. Pricing for 2-bed apartment also decreased by 2.3% and a place of this size will now cost you $1779. 3-bed apartment rent pricing starts at $2644, it decreased by 4.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 0.6% and made it down to $2297.
The median rent for an apartment in Tempe, AZ decreased by 1.5% to $1652. Statistics show that house rent price decreased by 7.3% this month making it up to $2439. The median rent for a loft faced changes as well, it decreased by 1.3%, the price tag now starts at $2771. An average room will now go for $644, the median rent price for a room decreased by 0.5%.
Rent vs Own
- Rent41%
- Own59%
Popular Searches
Major cities in AZ
Nearby cities
View City Information