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1542 W 5th Place

House
4 beds
2 baths
1,586 sqft

About 1542 W 5th Place

Beautifully renovated and move-in ready, this spacious 4-bedroom, 2-bath single-family home is located in the highly desirable Lindon Park neighborhood of Tempe. Offering a blend of modern upgrades, comfortable living spaces and exceptional convenience, this home is ideal for families, professionals or students seeking a centrally located residence near Arizona State University and Downtown Tempe. Extensively updated in 2023, the property features a new roof, upgraded A/C system, renovated kitchen, modern flooring, updated bathrooms and stylish lighting and ceiling fans throughout. The bright and open interior creates a welcoming atmosphere with a functional layout designed for everyday living and entertaining. The modern kitchen offers updated finishes, ample cabinet space and includes essential appliances such as a refrigerator and dishwasher. The spacious living and dining areas provide flexibility for gatherings, relaxing evenings or working from home. Each bedroom offers comfortable space and storage, while the updated bathrooms add a clean and contemporary feel. Step outside to enjoy a large backyard with a covered patio - perfect for outdoor dining, entertaining guests or simply relaxing. The property also includes covered parking, additional slab parking spaces, washer and dryer and a fully fenced yard for added privacy. Conveniently situated near ASU, Tempe High School, shopping centers, restaurants, entertainment, major freeways and Sky Harbor Airport, this home provides quick access to everything Tempe and the surrounding Phoenix metro area have to offer. Property Features: 4 Bedrooms / 2 Bathrooms. 1,586 Sq Ft. Renovated in 2023. Updated Kitchen & Bathrooms. New Roof & A/C System....
RentalSource last checked: June 12, 2026 · 3:38 PM ET
Last updated: May 19, 2026 at 3:02 PM ET
Managed by: Benchmark Management · (213) 660-4923 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: House
Rental Fee: $2,995
Bedrooms: 4 beds
Bathrooms: 2 baths
Size: 1,586 sqft
Pet Friendly: Yes
Listing Status: Active
ID: 83650619

Property Amenities

•  Air Conditioning
•  Balcony/Patio
•  Ceiling Fan
•  Dishwasher
•  Pet Friendly
•  Refrigerator
•  Washer/Dryer Hk-up
•  Washer/Dryer In Unit

Community Features

•  Parking
•  Storage

Leasing Information

Lease term: 12 months.

Additional Details

House for rent in Tempe for $2,995 with 4 beds, 2 baths, 1,586 sqft, pet friendly and located at 1542 W 5th Place in Tempe, AZ 85281. The rental price of $2,995 is 98.5% ($1,486) higher than the average rent of $1,509 for houses in Tempe, AZ and 99.9% ($1,497) higher than the average rent of $1,498 for houses in Maricopa County. 1542 W 5th Place was advertised by Benchmark Management on May 19, 2026 at 9:06 AM ET and last checked today at 3:38 PM ET.

Affordability Calculator

Can I afford to live at 1542 W 5th Place?
Bedrooms
4 bedrooms
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Recommended income
$119,800 /year
With your chosen rent-to-income ratio, an annual income of $119,800 is recommended to comfortably afford this 4-bedroom rental priced at $2,995 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
House for rent
$2,995
Interested in 1542 W 5th Place?
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Property managed by:
Benchmark Management
(213) 660-4923
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

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1542 W 5th Place, Tempe, AZ 85281 - House for Rent
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