ASU TEMPE, AZ
Buying a Home Near ASU
for Your Student
Compare the published sale and rental inventory near Arizona State University, school-specific housing answers and your complete housing plan.
$2,220/moStarting rent assumptionEditable scenario
$106,5604-year rent baselineEditable scenario
$390,000Median asking priceCurrent displayed sale inventory
60Published propertiesCurrent client inventory
Use current published property data and your own editable assumptions. Confirm exact costs, availability, financing and campus route before acting.Run the ASU Rent vs. Buy Scenario →
The 4-Year ASU Ownership Scenario
Use the same time horizon to compare rent with ownership. Start with the displayed asking price, your down payment and financing assumptions, then add property taxes, insurance, association fees and the expected exit plan before deciding.
ILLUSTRATIVE CALCULATOR EXAMPLE
Compare three four-year housing scenarios
Use this example to plan housing near Arizona State University. These are the existing calculator’s hypothetical inputs, not local market medians, current loan quotes or a forecast. The same purchase is compared with no roommate and with an assumed $1,000 monthly contribution.
Compare the full cost over the same 48 months. A roommate contribution reduces the modeled cash cost; it does not change the mortgage or guarantee rental income. The sale proceeds include returned invested equity, so they are not profit.
| Cost or outcome | A: Rent | B: Buy, no roommate | C: Buy, one hypothetical roommate |
|---|---|---|---|
| Initial monthly housing cost | $3,500 | $6,117 | $5,117 |
| Cash at purchase: down payment + buying costs | Not applicable | $175,950 | $175,950 |
| Four-year rent payments | $173,108 | Not applicable | Not applicable |
| Annual roommate contribution | $0 | $0 | $12,000 |
| Four-year roommate contribution | $0 | $0 | $48,000 |
| Mortgage principal repaid in four years | Not applicable | $28,943 | $28,943 |
| Sale proceeds after selling costs and remaining mortgage | Not applicable | $195,320 | $195,320 |
| Modeled four-year net housing cost after resale | $173,108 | $274,240 | $226,240 |
See every modeled assumption
- Purchase price
- $765,000
- Down payment
- 20%
- Fixed interest rate
- 6.75%
- Loan amortization
- 30 years
- Comparison period
- 4 years / 48 months
- Initial rent
- $3,500/month
- Annual rent increase
- 2%
- HOA
- $670/month
- Property tax
- $10,192/year
- Insurance
- $1,800/year
- Maintenance reserve
- 0.75% of purchase price/year
- Annual price change
- 2%
- Buying costs
- 3% of purchase price
- Selling costs
- 6% of modeled sale price
- Hypothetical roommate contribution
- $1,000/month for all 48 months
Net ownership cost = cash at purchase + 48 months of carrying costs − sale proceeds after selling costs and mortgage repayment. Principal repayment is already included; it is not subtracted again. Taxes, insurance, HOA, maintenance and the roommate contribution are held constant. Rent increases once per year.
The rent example is off-campus housing only; it is not a dorm or meal-plan comparison. Utilities, rental deposits and move-in fees, mortgage insurance, tax effects, investment returns on cash, vacancy, unpaid rent and unexpected assessments are excluded. Roommate permission and financing eligibility require separate review. Change the assumptions in the interactive calculator before relying on a result.
Method references: CFPB mortgage amortization · closing costs and cash to close · renting, equity and selling costs. These explain the method, not the hypothetical amounts.
JULIE ALLEN · EXP REALTY
Featured Homes Near ASU
Saved sale observations from the published ASU inventory. Each card identifies its listing source; Julie Allen provides local real estate guidance.
$235,000 Townhouse
2 beds · 2 baths · 1,037 sq ft
Campus access · ~1.7 mi straight-line to ASU*$227,500 Townhouse
2 beds · 2 baths · 716 sq ft
Campus access · ~1.5 mi straight-line to ASU*$230,000 Townhouse
1 bed · 1 bath · 637 sq ft
Campus access · ~0.8 mi straight-line to ASU*$385,000 House
4 beds · 2 baths · 1,248 sq ft
Campus access · ~2.0 mi straight-line to ASU*$269,900 Townhouse
3 beds · 2 baths · 1,144 sq ft
Campus access · ~1.6 mi straight-line to ASU*$400,000 Townhouse
3 beds · 3 baths · 1,627 sq ft
Campus access · ~2.3 mi straight-line to ASU*$344,000 Condo
2 beds · 2 baths · 1,343 sq ft
Campus access · ~2.2 mi straight-line to ASU*$215,000 Townhouse
2 beds · 2 baths · 1,037 sq ft
Campus access · ~1.7 mi straight-line to ASU*$395,000 Condo
2 beds · 2 baths · 1,420 sq ft
Campus access · ~1.2 mi straight-line to ASU*$335,000 Condo
1 bed · 1 bath
Campus access · ~0.5 mi straight-line to ASU*$189,900 Condo
1 bed · 1 bath · 595 sq ft
Campus access · ~0.9 mi straight-line to ASU*$399,995 Townhouse
2 beds · 2 baths · 1,590 sq ft
Campus access · ~1.5 mi straight-line to ASU*$650,000 Multi-Family Home
2 beds · 2 baths
Campus access · ~0.8 mi straight-line to ASU*$575,000 House
4 beds · 3 baths · 2,451 sq ft
Campus access · ~0.7 mi straight-line to ASU*$479,900 House
4 beds · 3 baths · 1,836 sq ft
Campus access · ~2.4 mi straight-line to ASU*$419,000 Townhouse
2 beds · 2 baths · 1,218 sq ft
Campus access · ~1.4 mi straight-line to ASU*$269,900 Townhouse
1 bed · 1 bath · 667 sq ft
Campus access · ~0.7 mi straight-line to ASU*$285,000 Condo
2 beds · 2 baths · 779 sq ft
Campus access · ~1.2 mi straight-line to ASU*$719,900 House
4 beds · 2 baths · 2,673 sq ft
Campus access · ~0.6 mi straight-line to ASU*$579,000 House
3 beds · 2 baths
Campus access · ~1.4 mi straight-line to ASU*$799,000 Multi-Family Home
4 beds · 2 baths
Campus access · ~0.7 mi straight-line to ASU*$269,900 Townhouse
2 beds · 3 baths · 1,056 sq ft
Campus access · ~0.9 mi straight-line to ASU*$479,000 House
4 beds · 2 baths · 1,471 sq ft
Campus access · ~1.4 mi straight-line to ASU*$175,000 Condo
1 bed · 1 bath · 595 sq ft
Campus access · ~0.9 mi straight-line to ASU*1 listing-source photo
$599,000 Multi-Family Home
3 beds · 2 baths
Campus access · ~0.8 mi straight-line to ASU*$1,677,000 Condo
2 beds · 2 baths · 1,863 sq ft
Campus access · ~0.9 mi straight-line to ASU*$565,000 House
4 beds · 2 baths · 1,766 sq ft
Campus access · ~1.1 mi straight-line to ASU*$460,000 House
4 beds · 2 baths · 1,524 sq ft
Campus access · ~1.8 mi straight-line to ASU*$367,900 Single Family
3 beds · 2 baths · 1,200 sq ft
Campus access · ~1.4 mi straight-line to ASU*$235,000 Townhouse
2 beds · 2 baths · 1,120 sq ft
Campus access · ~1.3 mi straight-line to ASU*Swipe, scroll or use the arrows to browse.Supporting photos are listing-source images.
Source checked. Current published sale listings are shown with their source attribution. Confirm availability and the exact campus route before acting.
Arizona State University · MARKET CONTEXT
Put the purchase in context.
University demand and local housing benchmarks, with the location and reporting period kept beside each number.
- Undergraduates outside campus housing
- 76%
- Total students
- 78,510
Arizona State University institution · Fall 2025
Arizona State University University Office of Institutional Analysis ↗Arizona State University institution · Fall 2025
Arizona State University University Office of Institutional Analysis ↗University & housing details Definitions, dates and sources
City median sale price $474,762
Median sale price for the cited city housing market; not a campus-only or student-property price.
Tempe, AZ · 2026-07 · Checked 2026-09-07Saved school cost intelligence ↗1 bedroom rent reference $1,168/mo
Saved source-specific rental reference. Scope is the cited city or off-campus market guide; not median rent, per-bed rent, or a live quote.
Tempe, AZ · 2026-09 · Checked 2026-09-07Saved school cost intelligence ↗Undergraduates outside campus housing 76%
Arithmetic complement of the same reported degree-seeking undergraduate on-campus share; does not describe all enrolled students.
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗Total students 78,510
Arizona State University Campus Immersion across physical campuses, 2025-26 CDS B1; not Tempe-only
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗City sale-price change -3%
Year-over-year change paired with the saved city median sale-price series.
Tempe, AZ · 2026-07 · Checked 2026-09-07Saved school cost intelligence ↗2 bedrooms rent reference $1,700/mo
Saved source-specific rental reference. Scope is the cited city or off-campus market guide; not median rent, per-bed rent, or a live quote.
Tempe, AZ · 2026-09 · Checked 2026-09-07Saved school cost intelligence ↗3 bedrooms rent reference $2,331/mo
Saved source-specific rental reference. Scope is the cited city or off-campus market guide; not median rent, per-bed rent, or a live quote.
Tempe, AZ · 2026-09 · Checked 2026-09-07Saved school cost intelligence ↗Undergraduate students 64,662
ASU Campus Immersion undergraduates across physical campuses, 2025-26 CDS B1; not Tempe-only
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗Graduate / professional students 13,848
ASU Campus Immersion graduate students across physical campuses, 2025-26 CDS B1; not Tempe-only
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗First-year students 13,665
ASU Campus Immersion degree-seeking first-time first-year undergraduates, full-time plus part-time, 2025-26 CDS B1; not Tempe-only
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗First-year students in campus housing 68.2%
ASU Campus Immersion first-time, first-year degree-seeking students in college-owned, -operated, or -affiliated housing, 2025-26 CDS F1; not Tempe-only
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗Undergraduates in campus housing 24%
ASU Campus Immersion degree-seeking undergraduates in college-owned, -operated, or -affiliated housing, 2025-26 CDS F1; not Tempe-only
Arizona State University institution · Fall 2025 · Checked 2026-08-31T06:28:00-04:00Arizona State University University Office of Institutional Analysis ↗University figures and citywide housing data cover different populations and periods. They do not establish achievable rent, occupancy or investment returns for a specific property.
REAL HOMES. REAL NUMBERS. BRIGHTER FUTURES.
Homes near Arizona State University
Compare campus proximity, ownership costs and the four-year numbers — not just listing prices.
Available homes · Sorted by distance
1 / 4
$335,000
Campus area · 0.5 miles to ASU
▱ 1 bedroom ♙ 1 bathroom ⌂ Condo
Why this home surfacedclose to campus, lower purchase price within these results — then compare the full ownership cost and post-graduation plan.
Current published selection · last checked 2026-10-15. Confirm prices and availability. Distances are straight-line to campus.
Work with local experts
Get guidance from professionals who know ASU and the surrounding neighborhoods.
Julie AllenASU RealtorLocal advice. Local insight. Better outcomes.
Matt DeanLoan Officer, NEXACreative financing for college home buyers.
◷ Dated listing snapshots · confirm availability⌖ No addresses shown△ Work with a local expert for availability↕ Estimated costs. Your results may vary.We use AI to route intent, not replace professionals.
CHOOSE YOUR ASU PLAN
Start with the decision you’re actually making.
Use the same ASU market evidence, then follow the path that matches your goal.
⌂
Buying for your student?
Turn a housing decision into a four-year plan you can actually compare.
- Compare rent vs. buy with the same housing assumptions
- Model roommate contributions without depending on them
- Review parent financing questions and cash needed
- Plan the exit after graduation
▥
Investing near ASU?
Compare a property’s rent evidence, operating costs, financing and exit plan.
- Review current listing and rent evidence
- Compare expenses, vacancy and management assumptions
- Confirm occupancy, building and rental rules
- Use DSCR and financing review where eligible
ASU MARKET AT A GLANCE
Current ASU-area pricing, at a glance.
Use the published range to set expectations, then open a home to compare the property-specific numbers.
CURRENT INVENTORY$175,000 – $1,677,000Homes for saleCurrent asking-price range
CURRENT INVENTORY$1,100 – $5,400/moRental listingsCurrent monthly asking-rent range
Homes for salePublished ASU-area inventory
Rental listingsPublished ASU-area inventory
How to use this
These ranges are a starting point—not a valuation. Compare the exact taxes, HOA, insurance, financing and campus route for the home you choose.
ASU LOCAL HOUSING CONTEXT
Local housing guidance near ASU.
Use the official area and housing resources to compare the exact property address with the campus destination you need.
Elliott House, Maple Avenue · 2009 photograph Photo: Mcmillin24. Source · CC BY-SA 3.0 · Original JPEG bytes retained. Responsive CSS framing only; no retouching or upscaling.Maple-Ash / Park Tract
Park Tract is part of the Maple-Ash neighborhood just west of ASU's Tempe campus. The City of Tempe identifies its boundaries as 10th Street, Mill Avenue, 13th Street and the railroad.
- Campus orientation: west of ASU's Tempe campus.
- Park Tract is one part of Maple-Ash; compare each property's actual location.
University Park Historic District, Tempe · 2009 photograph Photo: Mcmillin24. Source · CC BY-SA 3.0 · Original JPEG bytes retained. Responsive CSS framing only; no retouching or upscaling.University Park
The City of Tempe places University Park immediately south of ASU's Tempe campus and southeast of downtown. Its historic district includes primarily houses, with some duplexes.
- Campus orientation: south of ASU's Tempe campus.
- Use the exact address and intended campus destination to compare access.
Broadmor
Modern Phoenix documents Broadmor’s midcentury houses in the area between Broadway Road, Alameda Drive, College Avenue and Rural Road. The City also lists pollinator-garden funding for Broadmor. Compare the condition, shade and actual ASU route of the home you are considering.
- Modern Phoenix describes low-sloping rooflines and clerestory windows in its local architectural survey; confirm the design and condition of the individual home.
- The City grant page records approved funding for a Broadmor pollinator garden, not proof that the project is complete. Broadmor Place is a distinct name in the City’s tree-grant list.
Daley Park
The City reports completed upgrades at Daley Park, including the playground, lighting, fitness stations, trees and irrigation. Compare the exact home and campus route, and visit the park to assess how you would use it.
- The park project is local context; it does not establish current home availability or a property’s condition.
Mitchell Park
The City identifies the Mitchell Park East and West neighborhoods in west Tempe, and lists the park at Mitchell Drive and Ninth Street. Compare the home’s position, crossings and route to your ASU destination rather than treating every address as the same trip.
- The official park listing includes a dog park, playground and sports facilities; confirm the facilities and access that matter to you.
Holdeman
Holdeman’s neighborhood association reports that its Hardy Drive bike-lane mural project was completed in March 2025. Compare the home’s actual connection to Hardy Drive and the ASU route you would use, including crossings, parking and existing shade.
- The association’s separate tree-planting page still describes a funding-dependent proposal; inspect existing trees and irrigation rather than assuming planned work is complete.
- The mural project does not establish a safe or fast route for every address; verify your complete campus trip.
LOCAL GUIDANCE
Take the property and the numbers to the people who can help you act.
Keep the home, neighborhood context and financing assumptions together so you do not have to restart the decision.
LOCAL REAL ESTATE
Work with Julie
ASU-area property context, neighborhood tradeoffs, current listings and the plan after graduation.
- Property and neighborhood review
- Current listing context
- Guidance for parents and investors
FINANCING PLANNING
Get financing guidance with Matt
NEXA Lending · NMLS #227603. Start with a state-aware review of the property, occupancy and financing scenario.
- Parent-buyer financing questions
- DSCR and investor scenarios where eligible
- Applicable licensing confirmed before application
Local expertiseOne trusted market team
Smarter decisionsData, not guesswork
Real opportunitiesCurrent property inventory
Long-term valueFor families and investors
MOVING FOR WORK
Faculty & staff housing near ASU
Compare buying, renting, neighborhoods and your commute to work.
Reviewed video · CollegeHousing.ai
See ASU in context
Explore campus and the surrounding area through reviewed public videos, with source information and summaries.
Campus tourVerified 2026-09-08
ASU All Access: Student-led tour of Tempe campus
An official student-led tour of Arizona State University’s Tempe campus.
Videos remain hosted and played by their original publishers through YouTube. CollegeHousing.ai reviews relevance and adds independent housing context; no university affiliation or endorsement is implied. View the ASU video index.