ASU Student Apartments: Rental Costs and What to Expect

Tempe's rental market moves fast, and incoming and returning Sun Devils alike need a clear picture of what's available before signing a lease. Whether you're a freshman moving off campus for the first time or a returning student looking for a better deal, knowing where to look and what to expect from ASU student apartments will save you time, money, and stress during the search.

Begin your search at Off-Campus Universe, where you can browse verified listings near Arizona State University.

Tempe Neighborhoods Popular With ASU Students

Most students gravitate toward the corridor between University Drive and Apache Boulevard, where walkability to campus is highest and the Mill Avenue district offers restaurants, coffee shops, and nightlife within a short walk or bike ride. Farther east, the area near McClintock and Rural Road provides a quieter alternative while still staying close to Valley Metro light rail stops. Students looking for lower rent often move slightly south toward Southern Avenue, trading a few extra minutes of commute time for noticeably better prices on larger units.

ASU Student Apartments: Rental Costs and What to

Expect

ASU student apartments near the Tempe campus typically range from $900 to $1,400 per month for a one-bedroom unit, with shared two- and three-bedroom apartments bringing the per-person cost down to $650 to $950. Prices climb closer to campus and drop as you move toward Mesa or south Tempe. Most complexes marketed as ASU student apartments include amenities like a pool, fitness center, and study rooms, and many advertise individual leases by the bedroom rather than requiring one shared lease for the whole unit.

Tips for Renting Near ASU

• Use ASU's Off-Campus Housing Office listings and Facebook housing groups to compare prices before committing.

• Tour units in person or via live video call, since photos on listing sites can be outdated or misleading.

• Check whether Valley Metro light rail or a campus shuttle route is within walking distance if you don't have a car.

• Read the lease closely for which utilities are included, since Arizona summer electric bills for A/C can be substantial.

For a complete overview of off-campus living near campus, check out our Off-Campus Housing Guide: Arizona State University.

Ready to find your place? Browse all listings at Off-Campus Universe.

This article is provided by an independent housing resource and is not affiliated with, endorsed by, or sponsored by Arizona State University.