Average Rent in 85281, Tempe, AZ

Home » AZ » Tempe » 85281

Current Versus Historical 85281, Tempe, AZ Rents

85281 rentals average $1,095 for a studio rental to $3,000 for a 4-bedroom rental. The median price of all currently available listings is $1,888, or roughly $20 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $474 (49.84%) year-over-year from $952 to $1,426. 1-bedroom rentals prices have increased by $133 (10.95%) year-over-year from $1,216 to $1,350. 2-bedroom rentals prices have decreased by $181 (-9.86%) year-over-year from $1,831 to $1,650. 3-bedroom rentals prices have increased by $199 (9.26%) year-over-year from $2,151 to $2,350. 4-bedroom rentals prices have increased by $1,133 (48.92%) year-over-year from $2,315 to $3,448. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.59% this month. 1-bedroom rents have gone down by 2.06% this month. 2-bedroom rents have gone up by 2.27% this month. 3-bedroom rents have gone up by 2.99% this month. 4-bedroom rents have gone up by 13.44% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$20.16	$1,426	$952 (49.84%)	$833 (71.12%)
1 BR	$23.25	$1,350	$1,216 (10.95%)	$1,319 (2.31%)
2 BR	$20.25	$1,650	$1,831 (-9.86%)	$1,756 (-6.05%)
3 BR	$19.98	$2,350	$2,151 (9.26%)	$2,382 (-1.32%)
4+ BR	$19.99	$3,448	$2,315 (48.92%)	$2,995 (15.11%)

Historical Rents in 85281, Tempe, AZ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 85281

There are a total of 3 cities nearby 85281. The average rent in 85281 is currently $2,100 per month. Our records show that Phoenix, AZ, with an average rent of $2,095, is the most affordable city nearby. In contrast, the most expensive city near 85281, Tempe, AZ is Chandler, AZ. Monthly rents here are on average $2,485 per month.

Let's compare 85281, Tempe, AZ's rent against other top cities nearby by bedroom size. Typically, rent for studios in 85281, Tempe, AZ is 0.14% more affordable than other cities nearby. One bedrooms are about 7.39% more affordable. Two bedrooms in 85281, Tempe, AZ are about 5.36% more affordable. Finally, rent for three bedrooms are about 3.01% more affordable. Want more information? Check out the top 3 cities near 85281, Tempe, AZ in the following table.

City	Studio	1 Bed	2 Bed	All
Phoenix, AZ	$897	$1,250	$1,699	$2,095
Tempe, AZ	$1,097	$1,293	$1,600	$2,100
Chandler, AZ	$1,632	$1,557	$1,950	$2,485

Top Neighborhoods Near 85281

There are a total of 3 neighborhoods in or near 85281. Some of these neighborhoods include Downtown Scottsdale, McCormick Ranch, and Greyhawk. We've included all of these top 3 neighborhoods in or near 85281, Tempe, AZ in the following table.

The average rent for these 3 neighborhoods in or near 85281, Tempe, AZ is currently around $4,600 per month. Interestingly, the neighborhoods' average rent is higher than 85281's average rent, which is only $1,888. Out of all the neighborhoods in or near 85281, Downtown Scottsdale has the most affordable average rent at $3,775 per month. Whereas, at $4,998 average rent per month, Greyhawk is the most expensive neighborhood in or near 85281. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Downtown Scottsdale, Scottsdale, AZ	N/A	$3,000	$3,400	$3,775
McCormick Ranch, Scottsdale, AZ	$1,500	$2,650	$4,395	$4,600
Greyhawk, Scottsdale, AZ	N/A	$1,950	$4,000	$4,998

Top Counties Near 85281

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 85281

There are a total of 38 zipcodes in or near 85281, Tempe, AZ. The average rent for all of these zipcodes is $2,294. A total of 7 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 85021, Phoenix, AZ at $1,295 per month. In comparison, the zipcode with the most expensive average rent of $15,000 per month is 85253, Paradise Valley, AZ.

Studios in these zipcodes have an average rent of $348. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 85281, Tempe, AZ is $1,355 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,885 per month. Which comes out to $21 per sqft. The following table includes the top 10 zipcodes in 85281, Tempe, AZ. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
85251, Scottsdale, AZ	$799	$2,000	$2,495	$3,000
85282, Tempe, AZ	$1,105	$1,295	$1,498	$2,499
85018, Phoenix, AZ	N/A	$1,650	$2,100	$2,800
85258, Maricopa County, AZ	$1,500	$2,550	$4,000	$4,385
85257, Scottsdale, AZ	N/A	$1,437	$1,772	$2,985
85016, Phoenix, AZ	$861	$1,398	$1,950	$2,098
85008, Phoenix, AZ	$895	$1,195	$1,423	$1,395
85250, Scottsdale, AZ	N/A	$1,525	$2,500	$3,200
85255, Scottsdale, AZ	N/A	$2,032	$4,200	$5,500
85260, Scottsdale, AZ	N/A	$1,970	$3,500	$3,900

Frequently Asked Questions - 85281 Average Rents

What is the average rent price in 85281, Tempe, AZ?

The average monthly rental price for 85281, Tempe, AZ apartments for rent is approximately $1,888. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 85281, Tempe, AZ rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 85281, Tempe, AZ.

How much is a studio apartment in 85281, Tempe, AZ?

The average monthly rental price for studio apartments is $1,095 and an average price per square feet of $20.16. There are a total of 7 studio apartment listings currently available for rent in 85281.

How much is a one bedroom apartment in 85281, Tempe, AZ?

The average monthly rental price for one bedroom apartments is $1,204 and an average price per square feet of $23.25. There are a total of 34 one bedroom apartment listings currently available for rent in 85281.

How much is a two bedroom apartment in 85281, Tempe, AZ?

The average monthly rental price for two bedroom apartments is $1,613 and an average price per square feet of $20.25. There are a total of 102 two bedroom apartment listings currently available for rent in 85281.

How have rent prices in 85281, Tempe, AZ changed this year?

Rent prices for rentals in 85281, Tempe, AZ can fluctuate yearly. Specifically, studio rental prices have changed by 0.50%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by -0.10%, three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 85281, Tempe, AZ?

A reasonable rent price in 85281, Tempe, AZ is around $1,510/month. You can search for these reasonably priced rental listings on RentHop.