Tempe, AZ Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,656
1-year change
-2.0%
$-34/mo
5-year change
+8.2%
$126/mo
10-year change
+63.3%
$642/mo
Monthly rent trend
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Year-by-year rent in Tempe
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $944/mo | — | 0.0% |
| 2016 | $990/mo | +4.9% | +4.9% |
| 2017 | $1,050/mo | +6.1% | +11.2% |
| 2018 | $1,146/mo | +9.1% | +21.4% |
| 2019 | $1,208/mo | +5.4% | +28.0% |
| 2020 | $1,306/mo | +8.1% | +38.3% |
| 2021 | $1,405/mo | +7.6% | +48.8% |
| 2022 | $1,719/mo | +22.3% | +82.1% |
| 2023 | $1,717/mo | -0.1% | +81.9% |
| 2024 | $1,695/mo | -1.3% | +79.6% |
| 2025 | $1,701/mo | +0.4% | +80.2% |
| 2026 | $1,661/mo | -2.4% | +76.0% |
Frequently asked questions
How much has rent in Tempe changed since 2015?
Median rent in Tempe, AZ was $928 in 2015-01 and is $1,656 as of 2026-07 — a change of $728 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 +8.2% ($126 per month). The current median is $1,656.
What has rent in Tempe done over the past decade?
Over the past 10 years, median rent in Tempe, AZ has changed +63.3% ($642 per month). It is now $1,656.
Is rent in Tempe going up or down year over year?
Year over year, median rent in Tempe, AZ has decreased -2.0% ($-34/mo). Current median: $1,656.