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Chesapeake apartments for rent - Tempe, AZ

Beds

43 Apartments

Average Rent in Tempe, AZ

Avg. RentAnnual Change
Tempe Studio - $1,2540%
Tempe 1 Bed - $1,425+1%
Tempe 2 Beds - $1,667+1%

Local Guide

See what Tempe, AZ has to offer.

Local Reviews

I like that there are quite a few businesses within walking distance, because I don't have a car right now. I enjoy the park that's nearby with our dog.

The Neighborhood is quite. And there are restaurants, bars, and stores very close. And there is a part less than a mile away.

Close to schools. Close to grocery stores. Close to library. Parking available on our streets. What more does one need.

I am close to ASU and there are many activities. I also have grocery stores . Rio Salado mall is close and has many stores and restaurants

It is block construction. Lots of trees. You can walk to grocery stores, convenience stores etc.. There is a hospital nearby as well.

Nothing is really unique. Had great options for food and grocery shopping which makes it nice. Good schools too

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Chesapeake, Tempe, AZ

In Tempe, AZ, as of 2024, the average rent for apartments ranges from $1,254 to $1,667. Specifically, the average rent for a studio apartment in Chesapeake, Tempe, AZ is $1,254. For those seeking a 1-bedroom apartments, the average rent is $1,425. And for a 2-bedroom apartment, renters can expect to pay an average of $1,667.

Annual Rent Change Over the Past 12 Months

Studio

0%

Changed from $1,254 to $1,254
1 Bed

+1%

Changed from $1,411 to $1,425
2 Beds

+1%

Changed from $1,650 to $1,667

Cost of Living

Compared to State Average

0.5%

Compared to National Average

3%

The cost of living in Chesapeake, Tempe, AZ is 0.5% lower than the state average and 3% higher than the national average. Chesapeake, Tempe, AZ housing is 16.6% more expensive than the U.S average, while utilities are about 0.6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 4.1% more in Chesapeake, Tempe, AZ than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 7% less here compared to the U.S. average.
Cost of Living in Chesapeake, Tempe, AZCompared to State AverageCompared to National Average
Housing
2.1%
16.6%
Utilities
0.2%
0.6%
Food
0.5%
4.1%
Transportation
3.5%
1.7%
Healthcare
1.3%
7%

Compare Other Cities

CityStudio Avg RentAnnual Change
Buckeye$1,837--
Scottsdale$1,739-2%
Peoria$1,709+2%
Surprise$1,560--
Chandler$1,525+34%
Gilbert$1,483-6%
Goodyear$1,320+4%
Maricopa$1,319--
Tempe$1,2540%
Casa Grande$1,156-53%
Phoenix$1,137-1%
Mesa$1,112+5%
Avondale$1,080-26%
Glendale$9770%
City1 Bed Avg RentAnnual Change
Paradise Valley$2,050-7%
Cave Creek$2,000+18%
Scottsdale$1,926-2%
Tolleson$1,861+11%
Buckeye$1,687--
Chandler$1,669+7%
Queen Creek$1,6600%
Laveen$1,595--
Goodyear$1,587+11%
San Tan Valley$1,550--
Surprise$1,547-2%
Gilbert$1,543-11%
Avondale$1,500-2%
Sun City$1,500-25%
Peoria$1,437-7%
Tempe$1,425+1%
Maricopa$1,409+34%
Coolidge$1,395--
Mesa$1,325-1%
Phoenix$1,312+2%
Apache Junction$1,295--
Glendale$1,285-1%
Casa Grande$1,156-54%
City2 Beds Avg RentAnnual Change
Scottsdale$2,314-19%
Tolleson$2,127+9%
Chandler$2,097+6%
Buckeye$1,930--
Laveen$1,912--
Queen Creek$1,890-2%
Gilbert$1,879-7%
Goodyear$1,867+6%
Paradise Valley$1,850-20%
Surprise$1,822+3%
Avondale$1,7990%
Sun City$1,700--
Peoria$1,675-6%
Tempe$1,667+1%
Maricopa$1,660+31%
Fountain Hills$1,600-50%
Mesa$1,592-1%
Phoenix$1,581-2%
Coolidge$1,575--
Glendale$1,514-5%
Casa Grande$1,335-55%
Apache Junction$1,2990%

Compare Neighborhoods

Broadmor

$1,050

1 Bed Avg. Rent

Alegre

$1,095

1 Bed Avg. Rent

Jen Tilly Terrace

$1,120

1 Bed Avg. Rent

What are the most affordable neighborhoods in Tempe, AZ?

For renters in Tempe seeking more affordable options, the neighborhoods to watch are Broadmor, Alegre, and Jen Tilly Terrace, where average rents for 1-bedroom apartments stand at $1,050, $1,095, and $1,120 respectively. Additional areas offering value are Sunset and Apache, where the rents are $1,199 and $1,275, a favorable comparison to Tempe's overall 1-bedroom average of $1,425.

What are the most expensive neighborhoods in Tempe, AZ?

In Tempe, the neighborhoods commanding the highest rents are Alameda, Riverside, and University Heights. A 1-bedroom apartment in Alameda averages at $2,207, in Riverside it averages $1,495, and in University Heights, the average is $1,400. For additional high-end living options, Holdeman offers 1-bedroom apartments at $1,322, and Downtown at $1,300. These rates compare to the overall average rent of $1,425 for a 1-bedroom apartment in Tempe, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Tempe, AZ?

In Tempe, the most sought-after neighborhoods for renters include Sunset, Riverside, and Downtown. In Sunset, the average rent for a 1-bedroom apartment is $1,199. Riverside sees average rents of $1,495 for a 1-bedroom unit. Downtown offers similar appeal with 1-bedroom apartments averaging $1,300. For those seeking other popular areas, Apache presents 1-bedroom apartments at $1,275, and University Heights at $1,400. These prices are set against the backdrop of the city-wide average of $1,425 for a 1-bedroom apartment in Tempe, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Alameda$1,908+47%
Riverside$1,295--
Apache$1,2790%
Holdeman$1,265--
Sunset$1,067-3%
Neighborhood1 Bed Avg RentAnnual Change
Riverside$1,495--
University Heights$1,400--
Holdeman$1,322+4%
Downtown$1,300--
Apache$1,275+4%
Sunset$1,199-16%
Jen Tilly Terrace$1,120--
Alegre$1,095+4%
Broadmor$1,050-12%
Neighborhood2 Beds Avg RentAnnual Change
Jen Tilly Terrace$2,400--
Alameda$2,017+31%
The Lakes$2,0000%
Villagio at Tempe$1,995--
Downtown$1,895--
Hudson Trace$1,790--
Apache$1,779+7%
Sunset$1,652+3%
Broadmor$1,549--
Holdeman$1,482-2%
Riverside$1,445-3%
Alegre$1,395+21%

Area Features

Area Has Litter

No

Say 12 of 12 renters

Near Grocery Stores

Yes

Say 12 of 12 renters

Pet Friendly

Yes

Say 12 of 12 renters

Area Has Potholes

No

Say 12 of 12 renters

Noise Late At Night

No

Say 11 of 12 renters

Good Place To Raise A Family

Yes

Say 11 of 12 renters

Near Highways

Yes

Say 10 of 12 renters

Nearby Parks

Yes

Say 10 of 12 renters

Safe For Families

Yes

Say 10 of 12 renters

Well Lit

Yes

Say 10 of 12 renters

Near Schools

Yes

Say 9 of 12 renters

Quiet Area

Yes

Say 9 of 12 renters

Maintained Yards

Yes

Say 9 of 12 renters

Mostly Older Buildings

No

Say 8 of 12 renters

Busy Streets

Yes

Say 6 of 12 renters

Area Has Kids Play Outside

No

Say 7 of 12 renters

Near Downtown

No

Say 8 of 12 renters

Tree Lined Streets

No

Say 8 of 12 renters

Mostly Newer Buildings

No

Say 9 of 12 renters

Nice Views

No

Say 12 of 12 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Chesapeake Tempe

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Tempe, AZ 2.2 miles$1,425$1,667
Phoenix, AZ 8.7 miles$1,312$1,581
Mesa, AZ 6.9 miles$1,325$1,592
Chandler, AZ 8.2 miles$1,669$2,097
Scottsdale, AZ 8.3 miles$1,926$2,314
Glendale, AZ 17.5 miles$1,285$1,514
Goodyear, AZ 24.4 miles$1,587$1,867
Gilbert, AZ 9 miles$1,543$1,879
Ahwatukee, AZ 8.5 miles------
Paradise Valley, AZ 9.5 miles$2,050$1,850

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
University Park 1.3 miles------
Alameda 1.2 miles$2,207$2,017
The Lakes 1.6 miles---$2,000
Broadmor 0.8 miles$1,050$1,549
Holdeman 1.7 miles$1,322$1,482
Jen Tilly Terrace 1.6 miles$1,120$2,400
Baseline Hardy 1.3 miles------