Long-term Rental Rates — September 2026 · ZIPs: 85281,85282,85283,85284
Local market data by Estaite
As of September 2026, rental prices in Tempe / ASU District (85281, 85282, 85283, 85284), in the Phoenix metro area, range from $1,282 to $3,168 per month depending on property type and bedroom count.
The largest year-over-year change was a -9.95% decline for 2BR single-family rentals in Tempe / ASU District, AZ.
For 2-bedroom units, median apartment rent is $1,472 while condo/townhome rent is $1,600 and single-family rent is $1,951.
What is the current rent range in Tempe / ASU District, AZ?
As of September 2026, monthly rents in Tempe / ASU District, AZ span from $1,282 for 1-bedroom apartments to $3,168 for 4-bedroom apartments.
What is the most affordable rental option in Tempe / ASU District, AZ?
The lowest median rent in Tempe / ASU District, AZ in September 2026 is for 1-bedroom apartments at $1,282 per month.
Which property type and bedroom count has the highest median rent in Tempe / ASU District, AZ?
The highest median rent in Tempe / ASU District, AZ in September 2026 is for 4-bedroom apartments at $3,168 per month.
How much more do condos/townhomes cost versus single-family rentals for the same bedroom count in Tempe / ASU District, AZ?
In September 2026, 4-bedroom condos/townhomes in Tempe / ASU District, AZ rent for $3,005 versus $2,826 for 4-bedroom single-family homes, a difference of $179 with condos/townhomes being higher.
Tempe / ASU District, AZ· Phoenix metro
September 2026
85281,85282,85283,85284
Long-term Rental Rates
Long-term rental rates for Tempe / ASU District (85281,85282,85283,85284), in the Phoenix metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,230 – $1,333
-0.72%
-6.28%
2-Bedroom
$1,413 – $1,531
-6.81%
-6.61%
3-Bedroom
$1,942 – $2,147
-4.11%
-7.54%
4-Bedroom
$3,050 – $3,285
3.84%
-4.00%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,399 – $1,442
1.88%
-1.78%
2-Bedroom
$1,549 – $1,652
-1.07%
-4.02%
3-Bedroom
$2,068 – $2,174
-0.32%
-1.27%
4-Bedroom
$2,915 – $3,095
-0.10%
-2.21%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,707 – $1,794
3.14%
1.36%
2-Bedroom
$1,882 – $2,019
-2.03%
-9.95%
3-Bedroom
$2,296 – $2,488
1.54%
-1.13%
4-Bedroom
$2,679 – $2,973
-0.87%
3.93%
Data updated: October 19, 2026
Tempe / ASU District Rental Trends · Phoenix metro
In the Tempe / ASU District (85281, 85282, 85283, 85284) rental market, 1-bedroom apartments advanced 5.0% month-over-month to $1,349, though their year-over-year figure declined by -0.3%. This segment exhibited the sharpest monthly gain among apartments, contrasting with softer annual performance.
For larger rentals across Tempe / ASU District (85281, 85282, 85283, 85284), 4-bedroom single-family homes increased 4.99% month-over-month to $2,750. In comparison, 4-bedroom apartments ended at $2,869 after a -9.13% monthly drop, demonstrating divergent performance between these segments despite a $119 rent gap.
Recent Tempe / ASU District (85281, 85282, 85283, 85284) rental trends indicate that 1-bedroom condos dropped -2.12% month-over-month to $1,372. This segment also posted a year-over-year decrease of -5.73%, highlighting continued downward movement for entry-level condo rentals in the area.