Tempe Royal Estates renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Tempe Royal Estates is about $1,600 per month. This puts it in the 80th percentile compared to the city average cost of rent, which is $1,482. Households in Tempe Royal Estates have a median income of $6,179 per month so the average renter in Tempe Royal Estates is spending roughly 26% of their earnings on housing.
Nationally, and in Tempe Royal Estates, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tempe Royal Estates is $311,511 right now, which is lower than neighborhoods nearby, meaning that rents in Tempe Royal Estates also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Tempe Royal Estates while lower rent rates are often available in northeastern areas.
Nearby Neighborhoods
- Wood Park, Tempe, AZ: less expensive rent prices
- Pepperwood, Tempe, AZ: less expensive rent prices
- Baseline-Hardy, Tempe, AZ: less expensive rent prices
- Meyer Park, Tempe, AZ: more expensive rent prices
- University Park, Tempe, AZ: less expensive rent prices
- Ahwatukee, Phoenix, AZ: more expensive rent prices
- Downtown Tempe, Tempe, AZ: more expensive rent prices
- Riverside, Tempe, AZ: less expensive rent prices
- Sunset, Tempe, AZ: less expensive rent prices
- Southwest Mesa, Mesa, AZ: less expensive rent prices
Neighborhoods with Similar Populations
- Dorsey-Riverbend, Fort Lauderdale, FL: less expensive rent prices
- Lockhill Estates, San Antonio, TX: less expensive rent prices
- Prairie Ridge, Seattle, WA: less expensive rent prices
- Southchase Village, Southchase, FL: more expensive rent prices
- Lely Resort, Naples, FL: less expensive rent prices
- Montclair, Augusta, GA: less expensive rent prices
- Bank Square, Waltham, MA: less expensive rent prices
- Eisenhower East, Alexandria, VA: more expensive rent prices
- Evergreen, Everett, WA: more expensive rent prices
- Whitman-Mocine, Hayward, CA: more expensive rent prices
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