Pepperwood, Tempe, AZ Rental Market Trends

The average rent for an apartment in Pepperwood, Tempe, AZ is $2,339 ($1.75 per sqft), based on a survey of 18 rental listings in Pepperwood, Tempe, AZ conducted by Hello Data, Inc. on May 28, 2023. This is 25% above the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Pepperwood, Tempe, AZ by Number of Bedrooms

The chart below shows the average rent in Pepperwood, Tempe, AZ for apartments by number of bedrooms:

Average apartment size in Pepperwood, Tempe, AZ

The average apartment size in Pepperwood, Tempe, AZ is 1,335 sqft, which is 33% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Pepperwood, Tempe, AZ for each unit type:

Average Rent in Tempe, AZ by Neighborhood

There are 13 neighborhoods in Tempe, AZ . Pepperwood is the most expensive neighborhood, with an average rent of $2,315 ($1.77 per sqft), and NTNA - College is the most affordable neighborhood in Tempe, AZ , with an average rent of $1,370 ($2.26 per sqft). The following tables show the Top 5 neighborhoods in Tempe, AZ by average rent and the top 5 most affordable neighborhoods in Tempe, AZ by average rent:

Top 5 most expensive neighborhoods in Tempe, AZ by average rent:

Neighborhood
$2,315 avg. rent
$1.77 per sqft
$2,150 avg. rent
$2.06 per sqft
$2,046 avg. rent
$1.77 per sqft
$1,825 avg. rent
$2.58 per sqft
$1,817 avg. rent
$1.65 per sqft

Top 5 most affordable neighborhoods in Tempe, AZ by average rent:

Neighborhood
$1,645 avg. rent
$2.11 per sqft
$1,490 avg. rent
$1.76 per sqft
$1,385 avg. rent
$1.77 per sqft
$1,370 avg. rent
$1.90 per sqft
$1,370 avg. rent
$2.26 per sqft

Average Rent in Tempe, AZ by Zip Code

There are 5 zip codes in Tempe, AZ . 85284 is the most expensive zip code, with an average rent of $2,140 ($1.62 per sqft), and 85282 is the most affordable zip code in Tempe, AZ , with an average rent of $1,595 ($1.88 per sqft). The following tables show the Top 5 zip codes in Tempe, AZ by average rent and the top 5 most affordable zip codes in Tempe, AZ by average rent:

Top 5 most expensive zip codes in Tempe, AZ by average rent:

Zip Code
$2,140 avg. rent
$1.62 per sqft
$1,837 avg. rent
$1.83 per sqft
$1,800 avg. rent
$2.22 per sqft
$1,692 avg. rent
$2.42 per sqft
$1,595 avg. rent
$1.88 per sqft

Top 5 most affordable zip codes in Tempe, AZ by average rent:

Zip Code
$2,140 avg. rent
$1.62 per sqft
$1,837 avg. rent
$1.83 per sqft
$1,800 avg. rent
$2.22 per sqft
$1,692 avg. rent
$2.42 per sqft
$1,595 avg. rent
$1.88 per sqft

Average Apartment Listing Volume and Average Time on Market in Pepperwood, Tempe, AZ

Average number of days on market in Pepperwood, Tempe, AZ

The average listing remains on the market for 9 days in Pepperwood, Tempe, AZ. This is lesser than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Pepperwood, Tempe, AZ:

Available Apartments in Pepperwood, Tempe, AZ by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 18 active apartment listings in Pepperwood, Tempe, AZ. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Pepperwood, Tempe, AZ Average Rents

What are the most affordable neighborhoods in Tempe, AZ?

The most affordable neighborhoods in Tempe, AZ are NTNA - College, where the average rent is $1,370 ($2.26 per sqft) and Baseline-Hardy, where renters pay $1,370 ($1.90 per sqft) per month on average.

What are the most expensive neighborhoods in Tempe, AZ?

The most expensive neighborhoods in Tempe, AZ are Pepperwood, with an average rent of $2,315 ($1.77 per sqft) and Marilyn Ann, with an average rent of $2,150 ($2.06 per sqft) per month.

What are the most popular neighborhoods in Tempe, AZ?

The most popular neighborhoods in Tempe, AZ are Riverside, with 63 active listings as of May 28, 2023 and University Heights, with 48 active listings as of May 28, 2023.

How much is a 3 Bedroom apartment in Pepperwood, Tempe, AZ?

The average monthly rental price for 3 Bedroom apartments in Pepperwood, Tempe, AZ is $2,339 ($1.75 per sqft).

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