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Rent Watch

Tempe, AZ

Track price changes and find apartments within your budget.

Latest included check: Oct 14, 2026, 6:56 AM UTC

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Biggest rent drop · Past 7 days

Listed rent down

$315/ month

18.4% lower

The Local Apartments

Unit starting · 1 bedroom · Tempe 85281

Before$1,714 /mo

Observed Oct 7, 2026

Now listed at$1,399 /mo

Checked Oct 14, 2026

See the price history

Same apartment. Dated asking prices.

Asking rent comparison. Fees and lease terms may affect the total.

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Where rents went down

4 buildings · 9 listings · Largest dollar changes

Tempe 85281

The Local Apartments

1 matching listing

↓18.4%

Listed rent cut

$315/mo

Unit starting · 1 bedroom · The Local Apartments

$1,714$1,399 /mo

Compared with Oct 7, 2026 · Checked Oct 14, 2026

View apartment & price history

Tempe 85281

SALT

5 matching listings

↓2.4%

Listed rent cut

$94/mo

Unit 2035 · 3 bedrooms · Three Bedroom

$3,999$3,905 /mo

Compared with Oct 7, 2026 · Checked Oct 14, 2026

Compare 5 apartments & price histories

Tempe 85281

Skywater at Tempe Town Lake

2 matching listings

↓2.1%

Listed rent cut

$65/mo

Unit 3070 · 3 bedrooms · C2

$3,125$3,060 /mo

Compared with Oct 6, 2026 · Checked Oct 14, 2026

Compare 2 apartments & price histories

Brentwood-Cavalier

The Enclave Apartment Homes

1 matching listing

↓0.2%

Listed rent cut

$5/mo

Unit 1007 · 3 bedrooms · 3 x 2

$2,184$2,179 /mo

Compared with Oct 7, 2026 · Checked Oct 14, 2026

View apartment & price history

The wider picture

Limited recent comparisons

Past 7 days
Rent drops
9
Increases
3
Unchanged
29

41 comparable listings across 9 buildings, from 282 current listings in this area, bedroom, and budget view. Median confirmed cut: $12/mo. This sample is too limited to describe a citywide trend.

Current rents in Tempe

All current apartments

Median asking rents in our current listings, by bedroom count.

Recently added to our checks

First observed in the past seven days; this is not a move-in date.

How we compare rents

We compare the same identified apartment within one listing period. Asking rent, fees, and promotional effective prices remain separate. Repeat checks must confirm a comparison. A missing price is never counted as an unchanged rent. Large events need additional checks before we publish a story. Prices update after successful checks.