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Skywater at Tempe Town Lake apartments in Tempe, AZ

Updated

Skywater at Tempe Town Lake

3.7 (372 reviews) Official Website

Live pricing, refreshed

17
Units Listed
$1,500
Starting at
$2,129
Average
$3,110
Highest
$2.15
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Tempe 85281 rent trends

Beds

Pricing by Bedroom

Studio
$1,525
from $1,500 · 3 units
~632 sqft avg
1 Bed
$1,835
from $1,745 · 7 units
~813 sqft avg
2 Bed
$2,509
from $2,225 · 5 units
~1,226 sqft avg
3 Bed
$3,110
from $3,110 · 2 units
~1,569 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (25)

Largest 8 movers of 25

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$39K

$470K annual run rate

Modeled estimate

Est. Occupancy

50%

of about 34 units (modeled from leasing activity)

Effective Rent on New Leases

$2,303

vs $2,129 current asking

Recent Lease Activity

34 units tracked; 17 assumed leased, 17 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

17

Good availability

8 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

17 units

Select a unit to see its price history and link to the rental site.

Studio / 1 Bath Unit 1082
$1,500/mo
632 ft² · $2.37/ft²

Available: Nov 13, 2026

Down $5 since Oct 14 (was $1,505)
Studio / 1 Bath Unit 1081
$1,500/mo
632 ft² · $2.37/ft²

Available: Dec 4, 2026

Down $5 since Oct 14 (was $1,505)
Studio / 1 Bath Unit 4082
$1,575/mo
632 ft² · $2.49/ft²

Available: Now

Down $5 since Oct 14 (was $1,580)
1 Bed / 1 Bath Unit 2059
$1,745/mo
740 ft² · $2.36/ft²

Available: Dec 4, 2026

Down $5 since Oct 14 (was $1,750)
1 Bed / 1 Bath Unit 4033
$1,760/mo
740 ft² · $2.38/ft²

Available: Now

Down $5 since Oct 14 (was $1,765)
1 Bed / 1 Bath Unit 2020
$1,795/mo
771 ft² · $2.33/ft²

Available: Nov 6, 2026

Down $5 since Oct 14 (was $1,800)
1 Bed / 1 Bath Unit 4020
$1,810/mo
771 ft² · $2.35/ft²

Available: Dec 23, 2026

Down $5 since Oct 14 (was $1,815)
1 Bed / 1 Bath Unit 3083
$1,875/mo
889 ft² · $2.11/ft²

Available: Now

Down $5 since Oct 14 (was $1,880)
1 Bed / 1 Bath Unit 3084
$1,875/mo
889 ft² · $2.11/ft²

Available: Nov 27, 2026

Down $5 since Oct 14 (was $1,880)
1 Bed / 1 Bath Unit 4041
$1,985/mo
889 ft² · $2.23/ft²

Available: Nov 19, 2026

Down $5 since Oct 14 (was $1,990)

Fees, Parking & True Monthly Cost

Monthly Fees

$50/mo

Added to base rent automatically

True Monthly Cost

$1,550

Starting price + fees

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 1,341 ft away · 3 trains/day

  • 2 daytime, 1 overnight
  • Quiet zone. Horns are silenced at the nearest crossing.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Tempe, AZ notes

No resident notes for this property yet.

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