2-Bedroom Rent · October 2026

2-Bedroom Apartment Rent in Tempe, AZ

$1,492/mo

Median asking rent for a 2-bedroom apartment in Tempe, Arizona as of October 2026. That's +8% lower than the citywide median of $1,623 and +10% below the national 2-bedroom median of $1,657.

2-Bedroom median
$1,492
October 2026
vs city overall
-8%
$1,623 city median
vs national
-10%
$1,657 US median
Arizona rank
#14
of 52 cities

Income needed for a 2-bedroom in Tempe

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$59,680
Monthly gross
$4,973
Hourly (full-time)
$28.69

Rent by apartment size in Tempe

Compare Tempe's median rent across every apartment size.

Studio
$1,171
1-Bedroom
$1,285
2-Bedroom (current)
$1,492
3-Bedroom
$2,009
4+ Bedroom
$2,244

Cheapest cities for a 2-bedroom in Arizona

#City2-Bedroom rent
1South Tucson$1,063
2Winslow$1,158
3Arizona City$1,206
4Bullhead City$1,305
5Kingman$1,315
6Sierra Vista$1,345
7Glendale$1,388
8Fort Mohave$1,400
9Mesa$1,409
10Gold Canyon$1,417
11Phoenix$1,443
12Cottonwood$1,480
13Green Valley$1,490
14Tempe (this page)$1,492
15Tucson$1,492

Most expensive cities for a 2-bedroom in Arizona

#City2-Bedroom rent
1Anthem$2,770
2Queen Creek$2,630
3Gilbert$2,603
4Scottsdale$2,512
5Litchfield Park$2,490
6Buckeye$2,385
7San Tan Valley$2,355
8Surprise$2,304
9Peoria$2,270
10Fountain Hills$2,270
11Maricopa$2,205
12Tolleson$2,150
13Avondale$2,105
14Flagstaff$2,073
15Vail$2,060

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Tempe.

CityDistance2-Bedroom rentvs Tempe
Chandler, AZ9.1 mi$1,740+$248 (+17%)
Paradise Valley, AZ11.2 mi$1,903+$411 (+28%)
Gilbert, AZ13.6 mi$2,603+$1,111 (+74%)
Phoenix, AZ14.1 mi$1,443$-49 (-3%)
Mesa, AZ14.2 mi$1,409$-83 (-6%)
Scottsdale, AZ15.3 mi$2,512+$1,020 (+68%)
Fountain Hills, AZ20.2 mi$2,270+$778 (+52%)
Glendale, AZ23.3 mi$1,388$-104 (-7%)
Tolleson, AZ23.8 mi$2,150+$658 (+44%)
Queen Creek, AZ24.1 mi$2,630+$1,138 (+76%)
Avondale, AZ26.9 mi$2,105+$613 (+41%)
Apache Junction, AZ27.5 mi$1,690+$198 (+13%)

2-Bedroom rent in Tempe — common questions

How much is a 2-bedroom apartment in Tempe?

As of October 2026, the median 2-bedroom apartment rent in Tempe, Arizona is $1,492 per month. This is +8% below the citywide median of $1,623.

What income do you need to afford a 2-bedroom in Tempe?

Using the standard 30% rent-to-income rule, you would need an annual income of about $59,680 ($4,973/month gross), which works out to roughly $28.69/hour at a full-time job.

Is Tempe expensive for a 2-bedroom compared to the rest of the US?

Tempe's 2-bedroom median of $1,492 is +10% below the national 2-bedroom median of $1,657. It ranks in the 39th percentile of US cities tracked.

How does Tempe rank for 2-bedroom rent in Arizona?

Among the 52 cities in Arizona with 2-bedroom data, Tempe ranks #14 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Tempe?

Yes — nearby cities with cheaper 2-bedroom rents include Phoenix ($1,443), Mesa ($1,409), Glendale ($1,388).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Tempe, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (October 2026) and exclude cities with median rent below $400 or above $20,000.