Best Apartment Specials in Tempe, AZ
What Rent Specials Are Currently Happening in Tempe?
Tempe’s rental market remains competitive heading into summer 2026, with average rents hovering between $970 and $2,700/month depending on unit size and neighborhood. Areas near Arizona State University and Downtown Tempe continue to see strong demand, which makes finding a good deal feel like a race against the clock.
The good news? Landlords are actively offering concessions to attract qualified renters — especially on longer lease terms. From free rent weeks to reduced move-in costs, there are real savings available right now if you know where to look.
📅 Last updated: June 08, 2026 at 03:40 PM PDT — This post is refreshed weekly to surface the best current deals and market insights for renters actively searching in Tempe.
What Types of Rent Specials Should I Look for in Tempe?
Tempe landlords use a variety of incentives to fill vacancies. Here are the most common types you’ll encounter — and what they actually mean for your wallet:
- “X weeks/months free rent” – Your effective monthly cost drops when free rent is spread across the lease term.
- “Reduced move-in fees” – Lower upfront costs at signing make it easier to get the keys faster.
- “Waived application or admin fees” – Saves $50–$200 immediately with no strings attached at move-in.
- “Gift cards or cash back” – Bonus incentives upon move-in, though they often require longer lease commitments.
- “Look & lease specials” – Discount applied when you sign same-day or within 24 hours of touring.
- “Reduced deposit” – Less cash required upfront, freeing up funds for moving expenses.
- “Flexible lease terms” – Short-term options at promotional rates for renters not ready to commit to 12 months.
- “Referral bonuses” – Existing tenants earn rewards for referring new renters who sign a lease.
- “Amenity fee waivers” – Parking, storage, or pet fees are temporarily waived as an added incentive.
- “Upgraded unit at base rate” – A premium unit (higher floor, better view, newer finishes) offered at a standard price.
When Is the Best Time to Find a Rent Deal in Tempe?
When is the best time to rent in Tempe? The best window for rent deals in Tempe is typically October through February. Demand drops significantly after ASU’s fall semester starts and picks back up in spring. Landlords are more willing to negotiate and offer concessions during these slower months.
When is the worst time to search? Avoid searching between April and August if you want the most leverage. Tempe sees a major influx of students and young professionals relocating for jobs and school, which drives up competition and shrinks the availability of specials.
What days of the week are best for finding deals? Leasing offices often update specials at the start of the week (Monday–Tuesday). Calling or visiting Tuesday through Thursday gives you the best shot at talking to a leasing agent who has time and flexibility to negotiate.
Tips for acting fast when a deal appears:
- ✅ Set up alerts on listing platforms so you’re notified the moment a special is posted
- ✅ Have your documents ready — pay stubs, ID, and references — so you can apply same-day
- ✅ Ask specifically about “look & lease” discounts, which reward quick decisions
- ✅ Call the property directly; some specials aren’t posted online yet
- ✅ Don’t wait more than 24–48 hours — the best deals on free rent go fast
Which Neighborhoods in Tempe Have the Most Rent Specials Right Now?
Here’s a snapshot of where you’ll find the most specials, by neighborhood:
| Neighborhood | Listings with Specials |
|---|---|
| Downtown Tempe | 6 |
| Riverside | 5 |
| University Heights | 2 |
| Escalante | 2 |
| Alegre | 2 |
| Hudson Manor | 1 |
| Cavalier Hills | 1 |
| Continental Villas East | 1 |
| Dobson Ranch | 1 |
| North Tempe-College | 1 |
💡 Pro tip: Downtown Tempe and Riverside are leading the pack right now — great news if you want walkability, nightlife, and proximity to ASU or the light rail.
What Are the Top 5 Apartment Specials in Tempe This Week?
After evaluating all current listings for deal size, location value, and amenities, here are the top 5 apartment specials in Tempe right now — ranked from best to least:
🥇 1. Alexan Tempe
2160 East Baseline Road, Tempe, AZ 85281
A modern studio-to-2-bedroom community along Baseline Road offering upscale finishes and a prime Tempe location. Units range from $1,350 to $2,232/month, making it a strong contender for renters seeking higher-end living with a significant incentive.
Up to 8 weeks of free rent makes this the highest-value concession available in Tempe right now.
“Up to 8 weeks free on select floor plans! Call for details. Restrictions apply”
🥈 2. Emerson Square Apartments
1701 E 8th St, Tempe, AZ 85281
A well-located community offering studios through 2-bedroom units ranging from $970 to $1,563/month — one of the more affordable price points in central Tempe. Ideal for ASU-area renters or young professionals who want value close to campus.
Two full months of free rent on a 12-month lease is an exceptional deal, especially at this price range — but you must move in by June 10, 2026.
“Dos meses de alquiler gratis al firmar un contrato de arrendamiento de 12 meses en unidades seleccionadas. La mudanza debe realizarse antes del 10/06/2026. Sujeto a aprobación de crédito.”
🥉 3. Emerson Park
1701 E Don Carlos Ave, Tempe, AZ 85281
Offering some of the lowest base rents in Tempe — from $970 to $1,119/month for studios and up to 2 bedrooms — Emerson Park is a budget-friendly option with a generous concession attached. A slightly longer move-in window than its sister property gives renters a bit more flexibility.
Two months free rent on a 12-month lease at Tempe’s lowest price range makes this a standout deal for cost-conscious renters.
“Dos meses de alquiler gratis al firmar un contrato de arrendamiento de 12 meses en unidades seleccionadas. La mudanza debe realizarse antes del 10/07/26. Sujeto a aprobación de crédito.”
4. Lakeside Drive by Mark-Taylor
500 West First Street, Tempe, AZ 85281
A luxury community in a coveted Downtown Tempe location near Tempe Town Lake, offering studios through 2-bedroom homes ranging from $1,745 to $2,695/month. Mark-Taylor properties are known for premium finishes, resort-style amenities, and well-maintained grounds.
Six weeks of free rent on select luxury units delivers real dollar savings for renters willing to invest in a higher-end lifestyle.
“Up to 6 weeks free on select luxury apartment homes! Lease today. Restrictions apply”
5. Nines at Lakeside
999 E Baseline Road, Tempe, AZ 85283
One of the most flexible communities on this list, Nines at Lakeside offers a wide range of floor plans from studios to 3 bedrooms, priced from $1,099 to $2,140/month. Its Baseline Road location provides easy freeway access and proximity to parks and shopping.
Four weeks of free base rent for move-ins completed by June 30 is a time-sensitive summer deal worth acting on quickly.
“Hot June Deal! Make your move this month and enjoy 4 WEEKS FREE BASE RENT! Start your summer in a new home and take advantage of this offer. Don’t miss out! Offer valid for move-ins completed by June 30.”
🔄 Need more help finding deals? Check back weekly for updated specials, or explore more listings across Tempe to find the perfect fit for your budget and lifestyle.
