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Vela at Tempe Town Lake apartments in Tempe, AZ

Prices last verified

Vela at Tempe Town Lake

Prices last verified ; availability may have changed since

23
Units Listed
$1,550
Starting at
$1,839
Average
$2,608
Highest
$2.50
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Tempe 85281 rent trends

Beds

Pricing by Bedroom

Studio
$1,569
from $1,550 · 5 units
~543 sqft avg
1 Bed
$1,827
from $1,661 · 15 units
~731 sqft avg
2 Bed
$2,347
from $2,211 · 3 units
~1,087 sqft avg
Specials Available 23 units

Up to 10 Weeks FREE

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (2)

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: stated by the property itself
  • 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: high (building size is reported).

Est. Monthly Revenue

$478K

$5.7M annual run rate

Est. Occupancy

92%

of about 289 units (reported building size)

Effective Rent on New Leases

$1,797

vs $1,839 current asking ($42 negotiation gap)

Recent Lease Activity

102 units tracked; 79 assumed leased, 23 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

23

Good availability

5 floor plans

Move-in Specials

23

23 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Available Units

23 units

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

These prices were last verified on October 3, 2026. We have not been able to confirm current availability since, so some units may no longer be listed.

Studio / 1 Bath Unit 1009
$1,550/mo
543 ft² · $2.85/ft²

Available: Now

Up to 10 Weeks FREE
Studio / 1 Bath Unit 1020
$1,555/mo
543 ft² · $2.86/ft²

Available: Now

Up to 10 Weeks FREE
Studio / 1 Bath Unit 3021
$1,564/mo
543 ft² · $2.88/ft²

Available: Nov 15, 2026

Up to 10 Weeks FREE
Studio / 1 Bath Unit 4021
$1,574/mo
543 ft² · $2.90/ft²

Available: Nov 23, 2026

Up to 10 Weeks FREE
Studio / 1 Bath Unit 4017
$1,600/mo
543 ft² · $2.95/ft²

Available: Oct 29, 2026

Up to 10 Weeks FREE
1 Bed / 1 Bath Unit 1050
$1,661/mo
693 ft² · $2.40/ft²

Available: Nov 17, 2026

Up to 10 Weeks FREE
1 Bed / 1 Bath Unit 3005
$1,720/mo
753 ft² · $2.28/ft²

Available: Now

Up to 10 Weeks FREE
1 Bed / 1 Bath Unit 2003
$1,732/mo
693 ft² · $2.50/ft²

Available: Now

Up to 10 Weeks FREE
Down $6 since Oct 2 (was $1,738)
1 Bed / 1 Bath Unit 1036
$1,752/mo
753 ft² · $2.33/ft²

Available: Now

Up to 10 Weeks FREE
1 Bed / 1 Bath Unit 4046
$1,761/mo
693 ft² · $2.54/ft²

Available: Dec 5, 2026

Up to 10 Weeks FREE

Fees, Parking & True Monthly Cost

Monthly Fees

$9/mo

Added to base rent automatically

True Monthly Cost

$1,559

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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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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