Affordable & Income-Based Housing in Tempe

Affordability in Tempe, AZ

According to Census ACS 5-Year data (2024), the median monthly rent in Tempe is $1,743 and the median household income is $79,663 annually. With 58% of residents renting their homes, affordable housing options can be in high demand across the city.

Safety

According to FBI Crime Data Explorer, the Tempe Police Department reported a violent crime rate of 471 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting methods and local definitions.

Getting Around Tempe

The area around assisted properties in Tempe scores well for walkability, transit, and biking, according to Walk Score.

• Walk Score: 77 - Very Walkable -- most errands can be accomplished on foot.
• Transit Score: 67 - Good Transit -- many nearby trips are possible by public transit.
• Bike Score: 98 -- biking is an exceptional option for getting around.

These scores reflect the area surrounding the 4 HUD-assisted properties in Tempe and may vary by specific location.

Schools

Tempe is served by 60 schools across 20 districts, including 25 elementary, 6 middle, 24 high schools, and 5 other schools, according to NCES Common Core of Data. Quality and programs vary by school and district, so renters should check the assigned schools for a specific address before applying.

Cost of Living

The median household income in Tempe is $79,663 per year, and the median market-rate rent is $1,743 per month, according to Census ACS 5-Year estimates. Affordable and income-based housing in Tempe can offer significantly lower monthly costs for qualifying renters.

• Median household income: $79,663/year (Census ACS 5-Year)
• Median market-rate rent: $1,743/month (Census ACS 5-Year)
• Renter households: 58% of occupied housing units (Census ACS 5-Year)

Tempe is a majority-renter city, which means competition for affordable units can be high. The 537 income-based units across 4 properties tracked on Lease Lantern represent an important resource for budget-conscious renters.

Flood and Environmental Exposure

All 4 affordable properties in Tempe have been mapped for flood risk. None are located in a high-risk flood zone, which is a low level of flood exposure for renters at these properties.