Tempe, Arizona is a part of the North Tempe Submarket submarket area, and contains 7 zip codes, including: 85283, 85280, 85285, 85281, 85287, and 85284.
The 2019 average effective rent for Class A, B, and C apartments in the Tempe, AZ submarket area was $1,270, which is 39.56% lower than 2014 average rent. This represents a compounded annual growth rate of 6.89%. 2019 vacancy in Tempe, AZ was 6.90%.
The total population of the city of Tempe, AZ has grown 18.95% since 2010. As of 2018, the population was 192,364. The median household income of the Tempe was $54,210, which is -10.09% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
North Tempe Submarket
$1,270
39.56%
6.90%
$54,210
192,364
18.95%
-10.09%
85280 85281 85282 85283 85284 85285 85287
Submarket Area North Tempe Submarket
Avg Rent $1,270
Rent Growth 39.56%
Vacancy 6.90%
Median Income $54,210
Population (2018) 192,364
Population Growth 18.95%
Vs. Nat’l Avg -10.09%
Zip Codes 85280 85281 85282 85283 85284 85285 85287
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.