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Your Tempe neighborhood guide

At home in
Tempe.

Lakefront living. College-town energy.
Room for your next chapter.

Living in Tempe

Connected to the Valley.
At home by the lake.

Town Lake sunsets, Mill Avenue dining and the energy of Arizona State University. Tempe brings waterfront paths, campus life and regional transit into your everyday routine.

Catch a Broadway performance at ASU Gammage, explore the lakefront or meet friends downtown. Compare each home’s access to work, campus, transit and neighborhood services before choosing your next address.

For renters

Start with the home, then explore its surroundings. Our local team helps you navigate available properties, tours and the application process.

Find a Tempe home →

For owners & investors

Citywide figures are a starting point. Condition, location and competing homes shape your rental’s position. Let’s build a plan around your specific property.

Discuss your property →

Available in Tempe

Find your place here.

Explore all Tempe homes →

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Compare Tempe homes

Find your rent range.

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Understand the market

The numbers.
The bigger picture.

Current asking rents and longer-term Census measures tell different parts of the story. These figures describe Tempe city, not the entire metro area.

The rental market

Research snapshot · November 12, 2026
$1,795Typical asking rent / month (median)
$1.63Average asking rent / sq ft / month
$1,743Median gross rent paid / month
57.7%Households renting (derived)

Zumper · asking rents, rolling 30-day snapshot, Nov. 12, 2026 ↗

U.S. Census · gross rent & tenure, ACS 2020–2024 ↗

Average monthly asking rent by home size

Home sizeMonthly rent
Studio$1,099
1 bedroom$1,280
2 bedrooms$1,545
3 bedrooms$2,225
4 bedrooms$2,799

Source: Zumper, all property types · Nov. 12, 2026 ↗

Asking rents reflect advertised homes. Census gross rent includes rent and applicable utilities paid by occupied households over a five-year survey period. They are not directly comparable. Renter share is 100% minus the Census owner-occupied share.

Putting down roots

Homeownership in Tempe

$455,400Median value of owner-occupied homes
42.3%Owner-occupied households
Own · 42.3%Rent · 57.7%

Historical survey estimates, not a current sale price or home valuation. Home costs and rental potential vary by address.

U.S. Census QuickFacts · ACS 2020–2024 ↗

Life in the desert

Warm winters. Hot summers.

Average lowAverage high
January
38.5°70.6°F
July
75.8°105.9°F
Year-round
55.1°88.4°F
8.80 inAverage annual rainfall
71.8°FMean of monthly temperature averages

NOAA · Tempe ASU station, 1991–2020 climate normals ↗

Year-round figures average the twelve monthly normal highs and lows; rainfall sums monthly normals. Station: Tempe ASU (USC00028499). Climate normals describe historical conditions, not a forecast.

Meet the community

Lakefront days.
College-town energy.

From campus events and live theatre to lakefront walks and dinner on Mill Avenue, Tempe offers plenty of ways to spend the day close to home. Light rail, streetcar and neighborhood circulators connect many local destinations.

190,571Population · July 2025 estimate
78,279Households · 2020–2024
50.0%Bachelor’s degree or higher · age 25+
20.9 minMean commute · workers age 16+

$79,663 median household income, in 2024 dollars.

93.8% of adults age 25+ have a high school diploma or higher.

U.S. Census QuickFacts · population V2025; other measures ACS 2020–2024 ↗

Plan the everyday trips

Your day.
Well connected.

Compare the routes to work, school and a night out from the home you’re considering.

01 / Bus & light rail

Reach the wider Valley

Connect with Valley Metro buses and light rail for trips across Tempe and neighboring cities. Compare transfers and service times for your exact route.

Plan your transit trip ↗

02 / Streetcar

Downtown to campus

Tempe Streetcar connects downtown, ASU and employment centers. Use it for local trips and connections to the wider transit network.

Explore streetcar service ↗

03 / Free neighborhood rides

Get around with Orbit

Free Orbit circulators link neighborhoods with shopping, schools, parks and bus routes. Check the route map for stops near your home.

Find an Orbit route ↗

04 / Walk & bike

Take the lakefront path

Town Lake paths offer walking and cycling connections. Check crossings, shade and summer temperatures when planning everyday trips.

Explore paths & parks ↗

Work, school & time off

How long could your trip take?

Published Tempe-to-destination route estimates for comparison, not live traffic or measured rush-hour averages. The route planner’s starting point varies by destination; check from your exact home. Allow extra time for traffic, parking and campus walking.

Tempe travel benchmarks · researched November 13, 2026
DestinationDrive estimateRoute context
Downtown PhoenixOffices, civic destinations & downtown campus17 min

Published drive: 11.8 miles. Source ↗

Check your departure time →
Arizona State University, TempeClasses, campus jobs & events3 min

Published taxi route: 1.7 miles; allow additional time for campus parking and walking. Source ↗

Check your departure time →
Phoenix Sky HarborAirport jobs & travel14 min

Published drive: 7.2 miles. Source ↗

Check your departure time →

Beyond your front door

Make a day of it.

01 / On the waterfront

Tempe Town Lake

Walk or cycle the lakefront paths, discover public art and enjoy the skyline from the water’s edge.

Explore the lake →
02 / Arts & entertainment

ASU Gammage

Make an evening of a touring Broadway production or live performance on ASU’s Tempe campus.

See what’s on →
03 / Downtown

Find your Mill Avenue

Meet friends over dinner, explore downtown shops and use the streetcar to connect your day’s stops.

Explore downtown →

Food & dining

Find your new
favorite table.

Three picks to start your Tempe food journey.

Italian

Caffe Boa

Handmade pasta, wine and a patio make this Mill Avenue restaurant an inviting dinner stop.

Visit restaurant →
Breakfast & brunch

Crêpe Bar

Sweet and savory crêpes alongside coffee, with seasonal ingredients and a relaxed daytime setting.

Visit restaurant →
Indian

The Dhaba

Explore Punjabi dishes, tandoor cooking and vegetarian choices along Apache Boulevard.

Visit restaurant →

Time Out · Tempe dining guide; current venues checked November 13, 2026 ↗

Explore more restaurants & drinks →

Nearby schools

Start with the address.

Explore schools near central Tempe, then check the school information on an individual listing for a closer look.

A nearby school does not establish enrollment eligibility. Confirm the district and attendance area for the exact property, then ask about registration, grade levels and transportation.

Explore nearby schools

Within five miles of downtown Tempe, including nearby communities.

Loading nearby schools…

For Tempe property owners

Your property.
Our local attention.

Leasing

From the first listing to move-in day, we coordinate the steps that help turn your rental into someone’s next home.

  • Marketing: Review competing rentals, recommend pricing, prepare the listing and coordinate inquiries and tours.
  • Screening: Review applications, income, rental history and relevant screening results against consistent rental criteria.
  • Move-in management: Coordinate lease documents, required payments, condition documentation and the handoff of keys so residents know what comes next.
Rent Collection

We manage the monthly payment process and keep you informed when a balance needs attention.

  • Payments & reporting: Track rent payments and outstanding balances, maintain payment records and keep owners updated through regular reporting.
  • Late rent: Follow up on missed payments and coordinate the next steps under the lease and applicable requirements.
  • Eviction coordination: When a situation requires legal action, coordinate records, notices and communication with qualified legal professionals, and keep you informed throughout the process.
Maintenance

Responsive repairs and planned upkeep help care for your property and support a better resident experience.

  • Service requests: Receive resident requests, assess urgency and coordinate vendors, access and follow-up.
  • Preventative maintenance: Plan routine upkeep and seasonal checks to help identify issues before they become larger repairs.
  • Owner communication: Coordinate approvals within the management agreement and keep repair records, costs and updates organized.
Renewals

Before a lease ends, we help you weigh resident retention, rental performance and the next step for your home.

  • Resident retention: Start renewal conversations early, understand resident plans and address concerns that may affect their decision to stay.
  • Market analysis: Review comparable rentals, current demand and your property’s condition to recommend renewal pricing, including whether a rent increase makes sense.
  • Renewal management: Coordinate agreed terms, required notices and paperwork—or plan for turnover if the resident moves on.

Let’s start with your Arizona home

Discover your home’s rental potential.

Share a few details about your property and what you have in mind. Our local team will help you consider the next step.

01 Your property

A few details help us understand the home.

Please include the full address, including any unit number.
02 Your plans

Tell us where you’d like our help.

03 Let’s connect

How can our team reach you about your property?