How Much Does Student Housing Near ASU Really Cost?
Student housing near Arizona State University costs between $900 and $2,300 monthly per person for off-campus apartments in Tempe, depending on room type, location proximity to campus, and included amenities. Shared rooms in student complexes cost $900 to $1,200 monthly. Private studios run $1,300 to $1,700. One-bedroom apartments reach $1,700 to $2,300 monthly. Additional costs including utilities at $100 to $140 monthly, deposits, furniture, and transportation affect total housing expenses significantly for ASU students.
TL;DR: Quick Answer
- ASU students pay $900-$2,300 monthly for off-campus housing in Tempe
- Shared rooms offer lowest costs at $900-$1,200 per person monthly
- Private studios cost $1,300-$1,700 for individual living space
- One-bedroom apartments reach $1,700-$2,300 monthly
- Add $100-140 monthly for utilities, plus deposits equal to one month rent
- Find My Place lists transparent pricing for student housing near Arizona State University
Finding affordable student housing near Arizona State University ranks among your first major decisions as a Sun Devil. Understanding actual housing costs helps you plan budgets. It prevents surprises later.
On-Campus Versus Off-Campus Housing Costs at ASU
ASU dormitories and on-campus housing including meal plans cost roughly $8,000 to $12,000 per academic year. Most students choose off-campus housing after freshman year. Bigger savings potential exists. Lifestyle flexibility increases substantially.
ASU Student Housing Cost Comparison by Type
Different housing types serve different budgets and preferences at Arizona State University.
Housing Type Comparison:
Shared Room: $900-$1,200 per person monthly. Multi-bed student apartment. Best for budget priority and social students. Roommate count and location affect pricing.
Private Studio: $1,300-$1,700 monthly. Studio or efficiency unit. Best for privacy needs and solo living. Amenities and proximity to ASU campus drive costs.
One-Bedroom: $1,700-$2,300+ monthly. Full one-bedroom apartment. Best for graduate students and couples. Location and building age matter most.
Traditional Apartment: $900-$2,500+ total monthly. Varies by bedroom count. Best for groups splitting costs. Unit size and features affect pricing.
Shared Rooms Provide Most Affordable ASU Housing
Shared room arrangements in multi-bedroom student housing near Arizona State University offer the most budget-friendly options available.
Typical shared room costs run $900 to $1,200 per person monthly. Shared rooms place two or more students in the same bedroom within a larger apartment. Common areas get shared among all residents. Individual costs drop dramatically with this arrangement.
Many Tempe complexes offer per-person contracts. Furnished rooms come standard. Utilities get included. Amenities provide value without separate charges.
Shared rooms work best for specific student types. Budget-conscious students prioritize savings. Underclassmen need affordable options. Social students enjoy roommate living. Those wanting all-inclusive pricing benefit most.
Properties within walking distance to ASU campus cost slightly more than complexes requiring short bus rides. The convenience premium adds $100 to $200 monthly typically.
Private Studios Offer Individual Living Space
Private studios provide complete independence for Arizona State University students wanting their own space without roommates.
Typical studio costs reach $1,300 to $1,700 monthly. Studios combine bedroom, living area, and kitchenette in one open space with separate bathroom. No roommate coordination required ever.
Studios near ASU in Tempe typically include basic furnishings. Utilities may or may not be included depending on the complex and lease terms negotiated.
The privacy premium adds roughly $400 to $500 monthly compared to shared rooms. Graduate students choose studios despite higher costs. Older undergraduates value independence enough to pay more.
Studios work best for specific situations. Students prioritizing privacy above cost savings benefit. Graduate students with higher budgets afford them easily. Those uncomfortable with roommate living pay willingly. Students wanting complete control over their space choose studios.
Walking distance to Arizona State University costs more than transit-accessible locations consistently. Expect $100 to $300 monthly premiums for proximity.
One-Bedroom Apartments Command Premium Pricing
One-bedroom apartments near ASU represent the highest cost option for individual students but work well for couples attending together.
Typical one-bedroom costs range $1,700 to $2,300+ monthly. One-bedroom apartments separate sleeping areas from living spaces completely. Full kitchens provide cooking flexibility. More square footage than studios offers better layouts.
These typically target young professionals and graduate students. Traditional leases replace student contracts. Utilities almost never get included in base rent.
Couples attending Arizona State University together split costs. Final per-person cost reaches around $850 to $1,150. This approaches shared-room pricing while maintaining complete privacy.
One-bedrooms work best for specific groups. Graduate students with higher budgets afford them. Couples attending ASU together benefit most. Those wanting traditional apartment living prefer them.
Tempe neighborhoods immediately adjacent to campus reach $2,300+ monthly currently. Areas requiring 10 to 15 minute drives offer options closer to $1,700.
Traditional Apartments Vary Widely in Configuration
Traditional apartment complexes near Arizona State University offer various bedroom configurations throughout Tempe.
Typical traditional apartment costs run $900 to $2,500+ monthly for total unit cost. Unlike student housing with per-person pricing, traditional apartments price by the unit. A two-bedroom at $1,800 monthly splits to $900 per person. A four-bedroom at $2,400 monthly becomes $600 per person when fully occupied.
Traditional apartments in Tempe provide more variety. Layouts differ significantly. Ages span decades. Amenities vary widely. Older buildings offer lower rents typically. Shopping traditional apartments requires more research effort but can yield excellent value.
Lease structures differ from student housing fundamentally. Traditional 12-month leases require all residents to sign jointly. Shared responsibility exists for total rent regardless of individual circumstances.
Additional Housing Costs Beyond Base Rent
Rent represents only part of total monthly housing expenses near Arizona State University. Several additional costs affect your actual budget substantially.
Utilities and Internet
Most apartments near ASU require separate utility payments outside base rent.
Electricity costs $40 to $70 monthly. Summer months with air conditioning run higher. Water and trash cost $20 to $40 monthly combined. Internet costs $40 to $60 monthly when purchased separately. Gas costs $10 to $20 monthly if applicable to the unit.
Total typical utilities reach $100 to $140 monthly per person when split among roommates. Student housing complexes sometimes include utilities in rent to simplify billing.
Move-In Costs and Deposits
First-month expenses significantly exceed typical monthly costs at most Tempe properties.
Security deposits usually equal one month’s rent. These remain refundable with proper move-out condition. Application fees cost $25 to $75 per person typically. These remain non-refundable regardless of approval. First and sometimes last month’s rent comes due at signing.
Total move-in costs often equal 2 to 3 months of rent. A student paying $1,000 monthly might need $2,500 to $3,000 to move in initially.
Furniture and Household Items
Furnished apartments include basics already. Unfurnished units require you to provide everything needed.
Basic furniture costs run $500 to $1,500 total. This covers bed, desk, couch, and kitchen items. Thrift stores reduce expenses substantially. Online marketplaces offer deals. Many ASU students buy used furniture from graduating seniors each May.
Transportation and Parking
Location affects transportation costs near Arizona State University significantly.
Parking passes cost $50 to $100 monthly at many Tempe complexes. ASU parking permits cost $200 to $900 annually depending on lot location and access level. Valley Metro bus pass costs $64 monthly but remains free for ASU students with valid ID cards. Gas and vehicle maintenance cost $50 to $150 monthly if driving regularly to campus.
Students living within walking or biking distance to campus eliminate most transportation costs entirely. Those choosing more affordable housing farther from campus must factor in transportation expenses carefully.
Key Factors Driving ASU Housing Prices
Several variables significantly affect monthly housing costs near Arizona State University in Tempe.
Location proximity matters most. Walking distance to ASU commands premium pricing consistently. A 5-minute walk costs more than a 15-minute bus ride always. Downtown Tempe properties near Mill Avenue typically exceed $1,200 per person monthly.
Amenities increase costs predictably. Pools cost money to maintain. Fitness centers require staff and equipment. Study lounges occupy rentable space. Luxury complexes reach high-end pricing. Basic apartments without extras offer significant savings opportunities.
Lease terms affect monthly rates. Twelve-month leases cost less monthly than semester contracts universally. Summer sublets command premium per-month pricing due to scarcity.
Furnished status adds costs. Furnished units cost roughly $100 to $200 more monthly than unfurnished equivalents. Out-of-state students often choose furnished despite higher rent because shipping furniture costs more.
Building age correlates with pricing. Newly constructed complexes charge premium rates for modern finishes. Older buildings from 1980s and 1990s offer lower rents with functional but dated features.
Smart Budgeting Strategies for ASU Housing
Arizona State University students can manage housing costs through strategic planning and decisions.
Maximize roommates whenever possible. Four students splitting $2,000 pay $500 each. Two students pay $1,000 each. Math favors more roommates always.
Search early for best selection. Start looking in February or March for August move-ins. Best deals disappear by May completely. Late searchers pay premiums.
Calculate total costs accurately. Compare by total monthly cost including utilities, parking, and transportation expenses. Cheap rent with expensive parking may cost more overall.
Consider contract takeovers from leaving students. Students leaving early often price contracts below market rates to avoid lease penalties.
Prioritize location strategically based on total costs. Living slightly farther from campus saves $200 to $400 monthly consistently. Transportation costs rarely offset these savings fully.
Complete Monthly Housing Budget for ASU Students
Understanding complete monthly costs prevents budget surprises throughout the semester.
Base rent costs $900 to $2,300 depending on housing type chosen and location selected. Utilities cost $100 to $140 when split among roommates sharing expenses. Internet costs nothing when included or $40 to $60 monthly when purchased separately. Parking costs $0 to $100 depending on complex requirements and vehicle needs. Renter’s insurance costs $15 to $25 monthly. Most complexes require this coverage. Transportation costs $0 to $150 based on location relative to campus.
Total monthly costs range $1,015 to $2,775 depending on individual choices and circumstances.
Solo studio residents without roommates to split utilities and parking pay toward the higher end consistently. Students in shared rooms with utilities included and walking to campus pay toward the lower end.
Student Housing Near ASU Costs $900-$2,300 for Most Students
Student housing near Arizona State University costs $900 to $2,300 monthly per person in Tempe neighborhoods surrounding campus. Shared rooms provide most affordable options for budget-conscious students. Studios and one-bedrooms command premium pricing for privacy and independence. Location proximity to campus, amenities, and lease flexibility affect final costs significantly.
Budget for utilities, deposits, and transportation beyond base rent when planning. Start searches early for better selection and pricing opportunities.
Find My Place helps ASU students compare off-campus housing in Tempe with transparent pricing and reviews from other Sun Devils attending Arizona State University.
