Tempe Rental Market at a Glance

As of May 2026 · Zillow Research

Real market data for Tempe owners — what rents and home values look like right now.

Median Rent
$1,638/mo
▼ 1.8% year-over-year
Median Home Value
$470k
▼ 1.4% year-over-year
Metro Area
Phoenix-Mesa-Chandler, AZ

Own a Tempe rental? Zillow reflects the typical listing across the market. Your specific property's rent depends on condition, amenities, and pricing discipline. Get a custom Lux analysis to see what your home could actually rent for — delivered within one business day.

Tempe Property Management

Tempe rental owners near ASU and across the East Valley need a clear plan for leasing, screening, rent collection, maintenance, and reporting. Lux provides owner-focused Tempe property management tailored to your rental. Call (480) 999-2308 or request a free rental analysis.

Tempe property management services

Support can include leasing, tenant screening, rent collection, maintenance, reporting, and eviction coordination. We coordinate rental details from vacancy through renewal.

Tempe property management FAQ

What is included in Tempe property management?

Services may include leasing, screening, rent collection, maintenance, inspections, reporting, and resident communication.

How do I get a Tempe rental analysis?

Request a free rental analysis online.

Tempe owners comparing managers can read our guide on who should I hire for property management in Phoenix, and owners who live outside Arizona can see our guide to property management for out-of-state landlords in Arizona.

Nearby East Valley property management

We also serve Mesa, Chandler, Phoenix, and Scottsdale.

Get your free Tempe rental analysis.