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📍 Proximity to Campus Matters

For many parents, proximity to campus equals peace of mind. Tempe is a compact, walkable city, and most condos and townhomes under $600K are located within 2 miles of ASU. Being close to class and amenities means fewer transportation worries, more oversight, and a greater sense of safety for students living independently for the first time.

📊 What You Can Buy in 2025

According to the latest data from the MLS:

• Approximately 127 active listings
  • ~35 condos
  • ~92 townhomes
• Properties with 1–3 bedrooms, ideal for students or families
• HOA fees exist but range widely—some include utilities and amenities

🛏️ Value by Bedroom Count

Let’s break down what buyers typically get by bedroom count:

• 1-bed/1-bath
  ~600–800 ft² | $300K–$450K – great for a student who might host friends or want privacy
• 2-bed/2-bath
  ~900–1,200 ft² | $400K–$550K – ideal for roommates or dual-use (student + rental)
• 3-bed/2–3 bath
  ~1,200–1,600 ft² | $550K–$600K – close to campus with extra space for family

💡 Why Buying Beats Renting

🏘️ Top-Location Highlights

• Near Mill Ave & Apache Blvd – vibrant, near class, perfect walk score
• Tempe Town Lake area – scenic, family-friendly, recreation proximity
• Hayden Butte zone – peaceful hillside living with campus access

📋 Sidebar: Student Rental Costs by Bedroom

Here’s what college students typically pay near ASU in non-University-owned rentals:

• Per room (shared 2–4 bedroom units): $850–$1,350/month per room
• 1-bedroom unit: ~$1,320–1,473/month
• 2-bedroom unit: ~$1,545–1,754/month

Average rates (per uhomes.com):

• 1 BR: $1,464/mo
• 2 BR: $1,749/mo

🎓 What That Means for Parents

• A $500K–$600K condo (say 2 bedrooms) might cost ~$2,300/month on a 30-year mortgage with HOA + insurance.
• As a rental, each bedroom can bring in ~$800–900/month, offsetting mortgage and holding value.
• Students gain stability, community security, and improved living quality vs. rentals.

✅ Ready to Help

• I can pull specific listings — bedrooms, square footage, HOA fees, walk scores
• I’ll generate image + copy options for your BoldTrail squeeze page
• Need a TinyURL link or top 5 curated picks? Happy to deliver.

Brent Hammonds — Associate Broker / REALTOR®
HomeSmart Real Estate
📞 602-717-3219
📧 azbrokerbrent@gmail.com
🌐 phoenixMLShomes.com
📝 azbrokerbrent.blog
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