HELLOCONDO BUYER’S BRIEF

Condos for Sale in Downtown Tempe, Tempe

Welcome to HelloCondo!Find your perfect condo by searching listings, buildings, and communities.

Overview
Market Summary
1 Bedroom Condos
2 Bedroom Condos
3+ Bedroom Condos
Pet-Friendly Condos
Condos with Stunning Views
Neighbourhood
Demographics

About Downtown Tempe

Downtown Tempe is a vibrant hub that combines a lively atmosphere with a rich cultural scene. The area boasts a variety of restaurants, cafes, and shops, making it a perfect destination for food enthusiasts and shoppers alike. Iconic landmarks such as ASU's campus and the Tempe Town Lake provide ample recreational opportunities. With convenient access to public transportation, including light rail services, commuting and exploring the greater Phoenix-Mesa-Chandler metro area is effortless. Vibrant events, arts venues, and outdoor spaces enhance the community's appeal, attracting residents and visitors throughout the year.

Downtown Tempe Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size1182.75 sqft

2 Bedroom avg size1795.57 sqft

3 Bedroom avg size2411 sqft

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Condos

AVG PPSF$401.66 /sqft

AVG SOLD PRICE$475,000

AVG DAYS ON MARKET164 Days

Featured Buildings

140 E Rio Salado Pkwy

140 E RIO SALADO PKWY,TEMPE,AZ

5 units available

154 W 5th St

154 W 5TH ST,TEMPE,AZ

0 unit available

View 1-Bedroom Condos

2 Bedroom Condos

AVG PPSF$474.48 /sqft

AVG SOLD PRICE$856,700

AVG DAYS ON MARKET62 Days

Featured Buildings

140 E Rio Salado Pkwy

140 E RIO SALADO PKWY,TEMPE,AZ

5 units available

154 W 5th St

154 W 5TH ST,TEMPE,AZ

0 unit available

120 E Rio Salado Pkwy

120 E RIO SALADO PKWY E UNIT 102,TEMPE,AZ

4 units available

View 2-Bedroom Condos

3+ Bedroom Condos

AVG PPSF$528.83 /sqft

AVG SOLD PRICE$1,275,000

AVG DAYS ON MARKET20 Days

Featured Buildings

140 E Rio Salado Pkwy

140 E RIO SALADO PKWY,TEMPE,AZ

5 units available

View 3+ Bedroom Condos

Pet-Friendly Condos

Unable to find pet-friendly condos in Downtown Tempe.

Visit the search page to set up an email alert to be notified of new pet-friendly condos listings or contact a HelloCondo agent for off-market listings.

Stunning Views Condos

AVG PPSF$466.65 /sqft

AVG SOLD PRICE$813,916.67

AVG DAYS ON MARKET85 Days

Featured Buildings

154 W 5th St

154 W 5TH ST,TEMPE,AZ

0 unit available

140 E Rio Salado Pkwy

140 E RIO SALADO PKWY,TEMPE,AZ

5 units available

120 E Rio Salado Pkwy

120 E RIO SALADO PKWY E UNIT 102,TEMPE,AZ

4 units available

View Condos with Stunning Condos

The Neighbourhood: Downtown Tempe

Downtown Tempe is a lively college-focused core near Arizona State University. The area has Mill Avenue shops, cafes, and a mix of bars and restaurants. The district hosts Tempe Town Lake with walking and bike paths. Local parks and public art create casual outdoor space. The area offers grocery stores, gyms, a library, and small theaters. The district runs farmers markets and community events. Transit links include Valley Metro light rail, multiple bus lines, bike lanes, and easy freeway access. The area makes short trips around the city simple.

Demographics

Average Resident age25 years old

Average household Income$41,001 /year

Average HouseHold Composition2 People

What to know about Downtown Tempe demographics:

29.22% of the population holds a bachelor's degree or higher, highlighting a well-educated community.
The average age in Downtown Tempe is 25 years, catering to a youthful demographic.

Find a Realtor to learn more

Whether you’re ready to move or just browsing and want to learn more, our agents are local experts who will answer any questions you have. Just a message away, no strings attached.

Frequently Asked Questions about Downtown Tempe

What is it like to live in Downtown Tempe, Tempe, AZ?

Living in Downtown Tempe offers a vibrant urban environment with a mix of retail, dining, and cultural attractions. Residents enjoy proximity to Arizona State University, the Tempe Town Lake, and a variety of public transportation options, including light rail. The area features a diverse range of housing options, from apartments to single-family homes.

Is Downtown Tempe, Tempe, AZ expensive?

Downtown Tempe is considered relatively expensive, with rental prices and housing costs being higher than the Tempe average, largely due to its proximity to Arizona State University and urban amenities. The area features a mix of luxury apartments and townhomes, contributing to these increased costs.

What is the weather of Downtown Tempe, Tempe, AZ?

Downtown Tempe experiences a desert climate, characterized by hot summers with temperatures frequently exceeding 100°F and mild winters with average lows around 40°F. Rainfall is minimal, primarily occurring during the monsoon season from late June to September.

How safe is Downtown Tempe, Tempe, AZ?

Downtown Tempe is generally considered to be safe, with a crime rate that is lower than the national average. The area benefits from active law enforcement presence and community engagement initiatives, contributing to its overall safety.