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Leased · Tempe 85281

1205 E Spence Ave

Leased in five days at full asking rent during the August peak. Kept here as a worked example of Tempe timing.

$2,595per month

Security deposit $2,595. Application $55 per adult.

Key facts

  • Monthly rent$2,595
  • Security deposit$2,595
  • Bedrooms3 bed
  • Bathrooms2
  • Living area1,315 sq ft
  • Rent per sq ft$1.97
  • Property typeHouse
  • Year built1972

About this rental

We leave recently leased properties on the site for a month because they are the most honest pricing evidence a prospective owner can read. This one listed on 28 August at $2,595, had nine showings in the first weekend, and was leased on 2 September at the full asking rent.

The same house listed in January would, on our numbers, have taken roughly 24 days and settled closer to $2,420. Tempe rewards owners who time a vacancy into July and August and punishes December vacancies harder than any other submarket we work in.

If you own something similar near campus, the rent estimate tool will show you the comparable set and a realistic days-on-market figure for the month you are actually able to list.

Features

  • Leased in 5 days at full asking rent in the August peak
  • 0.9 miles to ASU, inside the Maple-Ash neighbourhood
  • Large fenced back yard with a mature ash tree
  • Block construction, which holds the cooling well
  • Two off-street parking positions plus street permits
  • Original 1972 ranch with a 2020 bathroom refresh

Terms and detail

Availability
Leased 2 September 2026, shown for reference
Lease terms
12 month lease
Pets
Two pets accepted. $35 per pet per month
Parking
Carport plus a long driveway
Laundry
Washer and dryer in the unit
Cooling
15 SEER system, 2020
Utilities
Tenant pays SRP, City of Tempe water, sewer and trash.
Days on market
5 days so far

Sample listing for a demo website. Rent, deposit, availability and terms are illustrative and are not an offer of tenancy. Equal Housing Opportunity.

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