Average Rent in 85281, Tempe, AZ

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Current Versus Historical 85281, Tempe, AZ Rents

85281 rentals average $0 for a studio rental to $3,250 for a 4-bedroom rental. The median price of all currently available listings is $2,400, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $43 (-3.81%) year-over-year from $1,138 to $1,095. 1-bedroom rentals prices have decreased by $78 (-6.12%) year-over-year from $1,275 to $1,197. 2-bedroom rentals prices have decreased by $182 (-10.92%) year-over-year from $1,664 to $1,483. 3-bedroom rentals prices have decreased by $36 (-1.60%) year-over-year from $2,236 to $2,200. 4-bedroom rentals prices have increased by $567 (18.68%) year-over-year from $3,033 to $3,600. 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 1.08% this month. 1-bedroom rents have gone down by 5.33% this month. 2-bedroom rents have gone down by 6.89% this month. 3-bedroom rents have gone down by 7.69% this month. 4-bedroom rents have gone up by 22.77% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$2.21	$1,197	$1,275 (-6.12%)	$1,107 (8.16%)
2 BR	$1.64	$1,483	$1,664 (-10.92%)	$1,532 (-3.21%)
3 BR	$1.69	$2,200	$2,236 (-1.60%)	$2,267 (-2.94%)
4+ BR	$1.90	$3,600	$3,033 (18.68%)	$2,617 (37.58%)

Historical Rents in 85281, Tempe, AZ

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 85281

There are a total of 2 cities nearby 85281. The average rent in 85281 is currently $2,799 per month. Our records show that Chandler, AZ, with an average rent of $2,797, is the most affordable city nearby. In contrast, the most expensive city near 85281, Tempe, AZ is Tempe, AZ. Monthly rents here are on average $2,800 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 inf% more affordable than other cities nearby. One bedrooms are about 9.48% more affordable. Two bedrooms in 85281, Tempe, AZ are about 9.72% more affordable. Finally, rent for three bedrooms are about 7.92% more expensive. Want more information? Check out the top 2 cities near 85281, Tempe, AZ in the following chart.

City	Studio	1 Bed	2 Bed	All
Chandler, AZ	$775	$1,680	$1,900	$2,797
Tempe, AZ	$1,719	$1,375	$1,600	$2,800

Top Neighborhoods Near 85281

There are a total of 1 neighborhoods in or near 85281. We've included all of these top 1 neighborhoods in or near 85281, Tempe, AZ in the following chart.

The average rent for these 1 neighborhoods in or near 85281, Tempe, AZ is currently around $4,500 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 85281's average rent, which is only $2,400. Out of all the neighborhoods in or near 85281, McCormick Ranch has the most affordable average rent at $4,500 per month. Whereas, at $4,500 average rent per month, McCormick Ranch is the most expensive neighborhood in or near 85281. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
McCormick Ranch, Scottsdale, AZ	$1,750	$2,350	$4,500	$4,500

Top Counties Near 85281

There are a total of 1 counties located by 85281, Tempe, AZ.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 85281

There are a total of 5 zipcodes in or near 85281, Tempe, AZ. The average rent for all of these zipcodes is $3,985.

The following chart includes the top 5 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
85258, Maricopa County, AZ	$1,750	$2,350	$3,500	$4,300
85251, Scottsdale, AZ	N/A	$2,499	$2,700	$3,000
85018, Phoenix, AZ	N/A	$1,600	$3,000	$3,985
85250, Scottsdale, AZ	N/A	$3,050	$2,800	$3,500
85253, Paradise Valley, AZ	N/A	$2,700	$3,500	$10,950

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 $2,400. 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $1,395 and an average price per square feet of $2.21. There are a total of 5 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 $1,595 and an average price per square feet of $1.64. There are a total of 25 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 -0.04%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by -0.02% year-over-year.

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

A reasonable rent price in 85281, Tempe, AZ is around $1,920/month. You can search for these reasonably priced rental listings on RentHop.