1st Month Rent FREE. As part of the application process, it is required to first view the inside of the home in person before submitting a rental application. Applications submitted before the scheduled viewing date are not reviewed or processed. Please schedule a viewing date and time according to the available viewing calendar. Once you have viewed the inside of the property please submit the application for anyone 18 years and older who will be living at the property. We process the applications in the order we received them completed.
Hayden Square townhouse in downtown Tempe. Single level unit. Living room with ceiling fan, fireplace and vinyl flooring. Dining room area with ceiling fan and vinyl flooring. Kitchen with range/oven, dishwasher, disposal, refrigerator, microwave and breakfast bar. Inside laundry closet with full sized washer/dryer. Master bedroom with ceiling fan and walk in closet. 2 fenced patios, one covered. Community pool facilities. Water is included.
Sorry, no pets are permitted. Must have 2 years of verifiable present and/or past landlord history other than friends/family. Lease start date must be within 10 days of application approval, if vacant property. The Security Deposit, $100 non-refundable administration fee, the first months rent and 3.25% monthly administration fee are due within 24 hours of approval. This must be paid in our office by either cashiers check, money order, debit or credit cards; No Personal checks or Cash will be accepted for these move-in monies.... Roommates are allowed in our properties, however more landlord history may be required especially for those properties around the ASU area. On-time rental payments are required to be made through on-line payment center to avoid payment processing fee of $25.
Requirement upon approval: Full move-in monies due within 24 hours from approval. Must start lease within 10 days from being approved.
Security Deposits: $1,075 Refundable. $400 Non-refundable redecorating fee. $100 one-time non-refundable admin fee. Water/sewer included, Recently renovated, Private porch, No pets, One year lease, Tenant pays all electric, No dogs, No cats, No smoking, Swimming pool, Vinyl floors & Washer/dryer included.
104 days on RentalSource
RentalSource last checked: 16 hours ago · Listing updated: October 22, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
Townhouse
Rental Fee:
$1,475
Bedrooms:
2 beds
Bathrooms:
2 baths
Size:
964 sqft
Pets:
No
Laundry:
In unit
Parking:
Inquire
Available:
Inquire
ID:
84107141
Amenities
•Water & Sewer Included
•Washer/Dryer In Unit
•Dishwasher
•Balcony/Patio
•Ceiling Fan
•Fireplace
•Garbage Disposal
•Microwave
•Pool
•Refrigerator
•Smoke-Free
•Vinyl/Laminate Floors
•Walk-in Closets
Additional Details
This 2-bedroom, 2-bathroom townhouse at 154 W 5th St #150 in Tempe, AZ 85281 rents for $1,475 a month. It has 964 square feet. 154 W 5th St #150 was advertised by PRS Team C on July 31, 2026.
How the Rent Compares
At $1,475 a month, this townhouse is below the typical rent for 2-bedroom houses and townhouses in Tempe (about $1,700).
Typical $1,700This home $1,475
$1,400$1,980
From 23 two-bedroom houses and townhouses listed in Tempe on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,700Typical rent for 2-bedroom houses and townhouses in Tempe
The rent has dropped 3 times since it was listed on July 31, from $1,725 to $1,475. This home was last listed for rent on RentalSource from April to May 2023, ending at $1,795. Today's rent is $320 lower.
Rent history for this home, newest first
Date
Event
Rent
Change
October 14, 2026
Price change
$1,475−4.8%
−4.8%
October 10, 2026
Price change
$1,550−3.1%
−3.1%
September 30, 2026
Price change
$1,600−7.2%
−7.2%
July 31, 2026
Listed for rent
$1,725−3.9%
−3.9%
May 26, 2023
Listing removed
$1,795
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 154 W 5th St #150?
Bedrooms
2 bedrooms
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Recommended income
$59,000 /year
With your chosen rent-to-income ratio, an annual income of $59,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,475 per month.
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