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Tempe, AZ Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Tempe, AZ. Based on 15+ datapoints.

Tempe, AZ Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

3.2%

Avg Cash on Cash

-13.3%

Median Cashflow

-$1,465/mo

Avg Rent Estimate

$2,699/mo

Avg Price

$615,199

Price Range

$449,900 - $875,000

Rent to Price

0.44%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Tempe, AZ

Tempe, AZ is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.2%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 15+ analyzed properties, the median monthly cashflow in Tempe, AZ is -$1,465 with average rents of $2,699/month. Properties range from $449,900 to $875,000, offering entry points across multiple investment budgets.

2174 E PALMCROFT Drive, Tempe, AZ 85282

Price

$525,000

Rent

$2,620

CachFlow

-$1,028

CoC

-11.19

Full Analysis

407 E AUBURN Drive, Tempe, AZ 85283

Price

$475,000

Rent

$2,290

CachFlow

-$999

CoC

-12.02

Full Analysis

6503 S BONARDEN Lane, Tempe, AZ 85283

Price

$679,000

Rent

$2,790

CachFlow

-$1,687

CoC

-14.2

Full Analysis

2908 S GEORGE Drive, Tempe, AZ 85282

Price

$695,000

Rent

$2,810

CachFlow

-$1,805

CoC

-14.84

Full Analysis

2407 S ALLRED Drive, Tempe, AZ 85282

Price

$679,990

Rent

$2,680

CachFlow

-$1,824

CoC

-15.33

Full Analysis
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Tempe, AZ Rental Market Insights

  • Median cashflow is -$1,465/month — careful deal selection is essential here
  • 3.2% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Tempe, AZ requires selective property picks
  • Premium market with properties from $449,900 to $875,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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