Long-term Rental Rates — April 2026 · ZIPs: 85281,85282,85283,85284
Local market data by Estaite
As of April 2026, rental prices in Tempe / ASU District, AZ range from $1,349 to $3,064 per month depending on property type and bedroom count.
The greatest year-over-year decline occurred in single-family 2BR units, which fell 16.58% in Tempe / ASU District, AZ.
For 3-bedroom rentals in Tempe / ASU District, AZ, single-family homes have a median rent of $2,310 while condo/townhome units are at $2,064.
What is the rent range for apartments, condos, and single-family homes in Tempe / ASU District, AZ as of April 2026?
Rents range from $1,349 per month for 1BR apartments to $3,064 per month for 4BR condos/townhomes in Tempe / ASU District, AZ as of April 2026.
Which property and bedroom combination is the most affordable rental option in Tempe / ASU District, AZ?
The most affordable segment is 1BR apartments at $1,349 per month in Tempe / ASU District, AZ for April 2026.
What is the highest-priced rental option in Tempe / ASU District, AZ for April 2026?
The most expensive segment is 4BR condos/townhomes with a median rent of $3,064 per month.
What is the price gap between condo/townhome and single-family rentals for the same bedroom count in Tempe / ASU District, AZ?
For 4BR units, condo/townhome rents are $3,064 per month while single-family homes are $2,750, making condos/townhomes $314 higher in Tempe / ASU District, AZ as of April 2026.
Tempe / ASU District, AZ
April 2026
85281,85282,85283,85284
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,295 – $1,403
5.01%
-0.31%
2-Bedroom
$1,428 – $1,579
-1.74%
-4.06%
3-Bedroom
$2,086 – $2,306
1.34%
-2.71%
4-Bedroom
$2,754 – $2,983
-9.13%
-7.96%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,342 – $1,402
-2.12%
-5.73%
2-Bedroom
$1,611 – $1,693
1.22%
-1.09%
3-Bedroom
$2,012 – $2,115
-1.50%
-2.51%
4-Bedroom
$2,972 – $3,156
-0.08%
-0.86%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,389 – $1,475
-15.60%
-13.54%
2-Bedroom
$1,652 – $1,789
-15.18%
-16.58%
3-Bedroom
$2,217 – $2,402
-0.04%
-0.72%
4-Bedroom
$2,626 – $2,874
4.99%
2.13%
Data updated: June 2, 2026
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.