Tempe, AZ Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,623
1-year change
+1.3%
$21/mo
5-year change
+4.0%
$62/mo
10-year change
+64.9%
$639/mo
Monthly rent trend
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Year-by-year rent in Tempe
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $913/mo | — | 0.0% |
| 2016 | $957/mo | +4.8% | +4.8% |
| 2017 | $1,015/mo | +6.1% | +11.2% |
| 2018 | $1,108/mo | +9.2% | +21.4% |
| 2019 | $1,166/mo | +5.2% | +27.7% |
| 2020 | $1,260/mo | +8.1% | +38.0% |
| 2021 | $1,357/mo | +7.7% | +48.6% |
| 2022 | $1,660/mo | +22.3% | +81.8% |
| 2023 | $1,651/mo | -0.5% | +80.8% |
| 2024 | $1,627/mo | -1.5% | +78.2% |
| 2025 | $1,626/mo | -0.1% | +78.1% |
| 2026 | $1,592/mo | -2.1% | +74.4% |
Frequently asked questions
How much has rent in Tempe changed since 2015?
Median rent in Tempe, AZ was $897 in 2015-01 and is $1,623 as of 2026-09 — a change of $726 per month over 11 years.
How much has Tempe rent increased in the last 5 years?
Over the past 5 years, median rent in Tempe, AZ has changed +4.0% ($62 per month). The current median is $1,623.
What has rent in Tempe done over the past decade?
Over the past 10 years, median rent in Tempe, AZ has changed +64.9% ($639 per month). It is now $1,623.
Is rent in Tempe going up or down year over year?
Year over year, median rent in Tempe, AZ has increased +1.3% ($21/mo). Current median: $1,623.