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Tempe AZ Real Estate & Homes For Sale

Moving to Tempe, Arizona: Your Complete 2025 Relocation Guide

Tempe, Arizona, is a vibrant city located in the heart of the Phoenix metropolitan area. Known for its dynamic cultural scene, top-rated educational institutions, and abundant recreational opportunities, Tempe has become a favorite destination for families, young professionals, and retirees alike. The city combines urban convenience with a friendly, small-town feel, making it an ideal place to call home.

From scenic riverwalks and bustling shopping districts to exciting nightlife and sports venues, Tempe offers something for everyone. In this guide, you’ll learn about cost of living, top neighborhoods, schools, transportation, lifestyle, and practical relocation tips to help make your move seamless.

Why Move to Tempe?

Tempe is home to Arizona State University, one of the largest public universities in the U.S., which infuses the city with energy, innovation, and cultural diversity. Residents enjoy access to world-class educational opportunities, cutting-edge research, and a calendar full of arts, sports, and entertainment events.

Tempe also boasts a thriving economy, safe neighborhoods, and scenic desert landscapes. Outdoor enthusiasts can take advantage of parks, lakes, and miles of hiking and biking trails. Nearby cities like Phoenix, Scottsdale, Mesa, Chandler, Gilbert, Ahwatukee, and Queen Creek are within easy reach for work, shopping, or recreation.

Cost of Living in Tempe

Tempe’s cost of living is slightly higher than the national average due to housing demand driven by university students and professionals.

  • Housing: Median home prices vary by neighborhood, ranging from $450,000 for condos to over $700,000 for larger single-family homes.
  • Rent: Rental options include apartments, townhomes, and student housing. Monthly rents typically range from $1,400 to $2,500 depending on size and location.
  • Utilities & Groceries: Electricity and water are moderately priced, while grocery costs align with the Phoenix metropolitan average.
  • Transportation: Many residents rely on personal vehicles, but bike-friendly roads and public transit reduce commuting costs.

Best Neighborhoods in Tempe

Downtown Tempe

Downtown Tempe is lively and urban, featuring restaurants, nightlife, and entertainment. Residents enjoy apartment living with easy access to Tempe Town Lake, cultural events, and university activities. Walkability and bike lanes make it convenient for young professionals and students.

Papago Park Area

This neighborhood is ideal for families and outdoor enthusiasts. Homes offer spacious lots and scenic views near Papago Park’s hiking trails, golf courses, and outdoor recreation. The area emphasizes community engagement and safety.

The Lakes at Tempe

Centered around man-made lakes, this community offers a resort-like atmosphere with boating, fishing, and lakeside walking trails. Properties range from townhomes to luxury single-family houses, attracting families and retirees seeking peaceful surroundings.

Escalante

Escalante features suburban charm with tree-lined streets, good schools, and parks. Homes are moderately priced, offering excellent value. Residents enjoy a friendly community and convenient access to shopping centers, restaurants, and freeways.

Job Market & Economy

Tempe has a robust economy supported by technology, education, healthcare, and service industries. Major employers include Arizona State University, State Farm, GoDaddy, and local healthcare systems.

The city also encourages entrepreneurship, with coworking spaces and incubators supporting startups. The job market benefits from Tempe’s central location, allowing residents to commute easily to neighboring Phoenix, Chandler, and Mesa.

Schools & Education

Tempe is recognized for its strong public school system and access to higher education. The Tempe Elementary School District serves kindergarten through 8th grade with multiple schools offering advanced placement programs, STEM-focused curricula, and comprehensive arts and music education. Each school emphasizes academic excellence, extracurricular activities, and community engagement.

High school students attend schools under the Tempe Union High School District, which offers a wide range of honors, AP, and career-focused programs. Students can participate in athletics, music, and clubs to complement academic studies. Safety, teacher quality, and student support services are prioritized across the district.

For higher education, Arizona State University (ASU) provides undergraduate, graduate, and professional programs across various fields including business, engineering, and health sciences. ASU also promotes research opportunities, internships, and entrepreneurship programs. Additionally, Maricopa Community Colleges offer flexible options for adult learners, online classes, and vocational training programs. Tempe’s education infrastructure ensures families have access to quality schooling from early education to higher learning.

Transportation & Commute

Tempe is well-connected through I-10 and State Route 202, making it easy to access surrounding cities. Valley Metro buses and the light rail serve key routes, reducing commuting times. Phoenix Sky Harbor International Airport is only 15–20 minutes away, providing convenient travel options.

Lifestyle & Recreation

Tempe is known for its vibrant arts and culture scene. Residents enjoy Tempe Town Lake for kayaking and paddleboarding, hiking in Papago Park, and frequent local festivals and concerts.

Top Restaurants

  • Oregano’s Pizza: Known for hearty, Chicago-style pizza and generous portions, Oregano’s offers a casual, family-friendly atmosphere. Locals enjoy its signature pasta dishes, salads, and unique desserts.
  • House of Tricks: A fine dining gem with a romantic ambiance, House of Tricks serves contemporary American cuisine using locally sourced ingredients. Its patio seating and award-winning wine list make it a popular destination for special occasions.
  • Cornish Pasty Co.: This cozy eatery offers authentic British pasties and comfort foods. Known for hearty, handheld meals and fresh ingredients, Cornish Pasty Co. is a favorite among residents seeking casual dining with international flair.

Climate & Weather

Tempe experiences a desert climate with hot summers and mild winters. Summer temperatures often exceed 105°F but low humidity makes it manageable. Winters are sunny and pleasant, perfect for outdoor recreation. Monsoon season brings occasional heavy rain, refreshing the desert environment.

Pros & Cons of Living in Tempe

Pros:

  • Vibrant cultural and social scene
  • Strong educational institutions
  • Scenic outdoor spaces and parks
  • Easy access to employment hubs

Cons:

  • Higher housing prices in popular neighborhoods
  • Summer heat can be intense
  • Traffic congestion near university areas

Tips for Moving to Tempe

  • Begin your Home Search early due to high demand.
  • Use our Home Valuation tool if selling your current property.
  • Explore different neighborhoods in various seasons to choose the best fit.
  • Join local community groups and attend events to connect quickly.
  • Plan commuting routes and proximity to work or school when selecting a home.

Nearby Cities to Explore

Tempe residents have convenient access to neighboring cities: Phoenix, Scottsdale, Mesa, Chandler, Gilbert, Ahwatukee, and Queen Creek.

Frequently Asked Questions

Is Tempe a good place to live?

Yes, Tempe has many safe neighborhoods with active community programs. Crime rates are lower than many Phoenix metropolitan areas, and residents often participate in neighborhood watch programs.

How expensive is housing in Tempe?

Median home prices range from $450,000 to $700,000, depending on location and property type. Apartments and townhomes are also available, with rents typically between $1,400–$2,500 per month.

Is Tempe good for real estate investment?

Absolutely. With consistent rental demand, a growing population, and proximity to major employers, Tempe is a great long-term investment market.

Are there good schools in Tempe?

Yes. Tempe is served by the Tempe Elementary School District, Tempe Union High School District, and several top-rated charter and private schools.

What types of homes are available in Tempe?

Tempe offers a wide range: condos, townhomes, single-family homes, historic properties, and waterfront homes near Tempe Town Lake.

Is Tempe walkable or transit-friendly?

Yes. Downtown Tempe and the area near ASU are walkable, and the city is well-connected through the Valley Metro Light Rail system.

How far is Tempe from the airport?

Tempe is just 10–15 minutes from Phoenix Sky Harbor International Airport, making it ideal for frequent travelers.

References

  1. Tempe, Arizona – Wikipedia
  2. Arizona State University – Wikipedia
  3. Tempe Town Lake – Wikipedia


Anna Purohit

Prerana “Anna” Purohit

REALTOR®

I am passionate about delivering outstanding service with the utmost professionalism to every client I work with. Whether you are buying, selling or simply exploring options, I am here to guide you every step of the way. I’m here to make your real estate journey as smooth and rewarding as possible!

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