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Paseo on University

1255 E University Dr, Tempe, AZ 85281 - Maricopa County

Apartment

1-2 beds

1-2 baths

About 1255 E University Dr

It truly doesn't get any better. With hot amenities and amazing floor plans, 12Fifty5 has exactly what you want and yes, you guessed itmuch More. Located in the heart of Tempe, just a short walk from the ASU campus, 12Fifty5 is close to the buzzing downtown nightlife and Tempe Town Lake. Each unit comes fully furnished with contemporary furnishings and modern designs in our common areas. Our studio, one and two bedroom apartments are just right for you. Take a dip in one of our three refreshing pools. Enjoy a vigorous workout in the fitness and conditioning lounge. Curl up with your tablet or rock to some beats in your new pad. Business center, Clubhouse, Gym, Game room, On-site laundry, Pool, Bbq/grill, Sauna, Cats allowed & Dogs allowed.

RentalSource last checked: April 17, 2026 · 6:00 AM ET

Managed by: Paseo on University

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$869 - $1,309
Bedrooms:	1-2 beds
Bathrooms:	1-2 baths

Size:	Inquire
Pet Friendly:	Yes
Listing Status:	Active
ID:	68704492

Property Amenities

• Furnished

• Gas Range

• Pet Friendly

Community Features

• Clubhouse

• Fitness Center

• Spa/Jacuzzi

• Laundry Facilities

• Pool

Unit Rates

Name	Beds	Baths	Sqft	Rent
Studio	1	1	-	$869
1x1	1	1	-	$989
2x1	2	1	-	$1,199
2x2	2	2	-	$1,309

Leasing Information

Pet deposit: 0. Pet fee: 0. Pet limit: 2. Pet rent: 0. Pet restrictions: We welcome 2 pets per apartment home. There is a one time pet fee of $300 per pet. Pet rent is $25 per month. There is no weight limit and aggressive breeds are prohibited.

Additional Details

Apartments for rent in Tempe for $869-$1,309 with 1-2 beds, 1-2 baths, pet friendly and located within Paseo on University at 1255 E University Dr in Tempe, AZ 85281. The averaged rental price of $1,089 is 27.8% ($420) lower than the average rent of $1,509 for apartments in Tempe, AZ and 27.3% ($409) lower than the average rent of $1,498 for apartments in Maricopa County. This apartment is in the Tempe (4258) School District and the nearest schools are Flora Thew Elementary School, Connolly Middle School and Tempe High School. Paseo on University was advertised by Paseo on University 6+ months ago and last updated on April 17, 2026 at 6:00 AM ET.

Affordability Calculator

Can I afford to live at 1255 E University Dr?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$34,760 /year

With your chosen rent-to-income ratio, an annual income of $34,760 is recommended to comfortably afford this 1-bedroom rental priced at $869 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$869 - $1,309

Rent Affordability Calculator

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Paseo on University

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