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Neighborhood guide

Tempe, AZ

College-town energy on the banks of Tempe Town Lake

Tempe's median single-family home has recently run around $450,000, with townhomes in the mid-$300,000s and luxury lake and golf properties higher.
Sunny Tempe neighborhood scenery in the Phoenix metro area Tempe, AZ

The short version

What is it like to live in Tempe?

Tempe is where Arizona State University, Mill Avenue, and Tempe Town Lake come together, giving the city an energy no other Valley suburb quite matches. Downtown is walkable and packed with restaurants and event venues, the lake is a magnet for kayakers and runners, and the city is one of the most bike- and transit-friendly in Arizona. South Tempe quiets down into classic suburban streets that families love, minutes from everything the city center offers.

The commute: Tempe sits at the crossroads of the Loop 101, Loop 202, and US-60, with light rail linking Downtown Tempe to Phoenix and Mesa.

Who it suits: Young professionals, ASU families buying a home near their student, investors drawn to the rental market, and buyers who want a real downtown with a lake in the middle of a desert city.