Rental prices in Peterson Park, Tempe, AZ have decreased by 5.27% over the past year. The average rent moved from $1,721 to $1,630.
Check out the average rent in Tempe.
The national average price of rental apartments is $1,741, while the average monthly rent in Peterson Park, Tempe, AZ is $1,630.
The average monthly rent for an apartment in Peterson Park, Tempe, AZ is around $1,630.
A share of 3% of apartments in Peterson Park, Tempe, AZ have the cheapest rents between ≤ $1000. Around 8% of rentals are $2,001-$2,500. Around 53% of Peterson Park's apartments have monthly rents between $1,001-$1,500. There are 30% of apartments with rents between $1,501-$2,000. A share of 1% of apartment rentals in Tempe are in the $2,501-$3,000 range. Meanwhile, 4% of apartment rentals in Tempe are in the > $3,000 range.
The largest share of rentals in Peterson Park, Tempe, AZ (53%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The price range of a house for rent is between $2,635 and $2,695.
There are 2 house rentals available on RentCafe. Prices and availability in Peterson Park, Tempe, AZ were last updated on 25 Feb 2026.
The average Peterson Park, Tempe, AZ rental house size is 1,756 sq. ft.
Renting a house in Peterson Park, Tempe, AZ comes with more space, both indoor and outdoor.
Houses for rent in Peterson Park, Tempe, AZ are usually located in non-central areas.
In total, Peterson Park, Tempe, AZ has 38,757 residents, 17,774 women and 20,983 men, per U.S. Census recent estimates. Statistics show that the median age of Peterson Park’s population is 28.
There is a total of 16,112 households in Peterson Park, Tempe, AZ. Of these, 2,539 have children and 13,573 are without children. Per Census Bureau’s most current estimates, 6,510 family households and 9,601 non-family households live in this area. The size of a household in Peterson Park is 2 people, on average. The median household annual income in Peterson Park equals $69,084, and the monthly housing costs equal $1,506.
According to data from the U.S. Census Bureau, 2% of the population in Peterson Park, Tempe, AZ have no high school education, 21% went to high-school, and 32% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 13% hold a Graduate Degree.
Regardless of the type of house you are going to rent, location is important. We have 25 properties listed in Peterson Park, Tempe, AZ to choose from, with prices ranging from $1,860 to $2,755. That can be quite a lot to choose from. If you’re on a tight budget and are looking for cheap houses for rent, make your life easier and set up a maximum price filter in the top menu. You may be renting on a budget and 1 bedroom duplexes will do just fine or you may be able to spend a bit more and are looking at 4 bedroom single family homes for rent. Either way, choose wisely. Don’t fall for the impeccable lawn or a pool. Although these things are nice to have they aren’t worth a penny if you’re not able to enjoy them because of loud neighbors or a lack of time. Speaking of lack of time…
There are 25 properties in Peterson Park, Tempe, AZ listed for rent right now with prices ranging from $1,860 to $2,755. But if you have children there’s so much more to consider. A resource we all seem to lack: time. Avoiding a nightmare commute may be more important than deciding between a 2 bedroom or a 3 bedroom house. Although you could spend several hours in the car with your children and count it as family time, it’d be much nicer to spend this time around the dinner table. When you’re browsing through our rental homes, keep in mind the dreaded morning kindergarten-school-office Bermuda Triangle that is swallowing precious time out of your life. Draw a radius or a polygon around the school or the kindergarten you’ve chosen in Peterson Park, Tempe, AZ and explore all the homes for rent located close by. Finding a house close to your kids’ school will drastically cut down your commute time. It will also help you see other things in your life more clearly, generally speaking. After all, choosing from 25 houses can be complicated and you’ve managed just fine.
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