Average Rent in Tempe, AZ (2026)

Typical asking rent in Tempe is $1,680. Across the 5 ZIP codes with data it runs from $1,555 to $2,826, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$1,680
Average rent
$1,915
Lowest ZIP
$1,555
Highest ZIP
$2,826

Rent by ZIP code in Tempe

ZIP codeCountyTypical rentvs city median
85284Maricopa County$2,826+68%
85288Maricopa County$1,948+16%
85281Maricopa County$1,6800%
85283Maricopa County$1,567-7%
85282Maricopa County$1,555-7%

Rent by bedroom count in Tempe

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Maricopa County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Maricopa County uses Small Area FMRs, and the two bedroom figure runs from $1,740 to $2,320 depending on the Tempe ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,390-4.6%
1 bedroom$1,493-5.7%
2 bedroom$1,734-5.7%
3 bedroom$2,287-6.7%
4 bedroom$2,537-6.7%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Tempe?

Typical rent across Maricopa County is $1,717 as of August 2026. That is up 0.9% from a year earlier and up 7.9% over five years.

YearTypical rent, Maricopa CountyChange
2021$1,683+23.4%
2022$1,713+1.8%
2023$1,713+0.0%
2024$1,716+0.1%
2025$1,704-0.7%
2026 (through August)$1,717+0.7%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Tempe rent questions

What is the average rent in Tempe, AZ?
Typical asking rent in Tempe is $1,680 a month as of July 2026, across 5 ZIP codes. By ZIP code it runs from $1,555 to $2,826.
How much is rent for a 2 bedroom in Tempe?
HUD's FY2027 Fair Market Rent for a two bedroom in Maricopa County is $1,734 a month including utilities. A one bedroom is $1,493 and a three bedroom is $2,287. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Tempe?
Rent is rising. Typical rent in Maricopa County is $1,717 as of August 2026, up 0.9% from a year earlier.
What is the cheapest ZIP code to rent in Tempe?
ZIP 85282 has the lowest typical asking rent in Tempe at $1,555 a month, compared with $1,680 for the city overall.
How much income do you need to rent in Tempe?
Most landlords look for gross income of about three times the rent. At the typical Tempe rent of $1,680, that is about $5,040 a month, or $60,480 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Tempe sits in the Phoenix-Mesa-Chandler, AZ metro area.

Other Arizona cities

Would a rental in Tempe cash flow?

Start the analyzer with the Tempe median rent of $1,680 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.