Tempe homes around $4,000 a month
Set a monthly budget of about $4,000 and see Tempe homes with an estimated payment for each listing.
Opens the MABLS home search. Payments shown there are estimates to help you search, not a loan offer or rate quote. Your actual payment depends on price, down payment, credit, taxes, insurance, HOA, and loan program.
How $4,000 a month compares in Tempe
- A $4,000 monthly budget is $2,257 above Tempe's median gross rent ($1,743).
- It's $2,172 above Tempe's median monthly owner costs for homeowners with a mortgage ($1,828).
| Population | 190,571 |
|---|---|
| Median value of owner-occupied homes | $455,400 |
| Median monthly owner costs (with a mortgage) | $1,828 |
| Median gross rent | $1,743 |
| Owner-occupied housing rate | 42.3% |
| Mean travel time to work | 20.9 minutes |
Source: U.S. Census Bureau, QuickFacts: Tempe city, Arizona (population estimate V2025; housing figures from the American Community Survey 5-year estimates). Figures are area-wide medians, not quotes.
These medians cover all households, including people who bought or signed leases years ago. What a $4,000 payment buys today depends on the price, down payment, taxes, insurance, HOA dues, and loan program. The search estimates those for each listing.
What goes into a monthly payment
A monthly housing payment usually includes principal and interest plus property taxes and homeowners insurance, and can include mortgage insurance and HOA dues. The MABLS search estimates these for each listing so you can compare homes by payment rather than by price alone.
Opens the MABLS home search. Payments shown there are estimates to help you search, not a loan offer or rate quote. Your actual payment depends on price, down payment, credit, taxes, insurance, HOA, and loan program.
Other budgets in Tempe
$4,000/month in nearby cities
Frequently asked questions
Can I find homes in Tempe with a payment around $4,000 a month?
Use the search to set a $4,000 monthly budget and filter to Tempe. Listings show an estimated payment so you can see what fits. Availability changes daily.
Is $4,000 a month more or less than renting in Tempe?
The Census Bureau's median gross rent in Tempe is $1,743, so $4,000 is $2,257 above that median ($1,743).
Is the payment in the search a loan quote?
No. It's an estimate to help you compare homes, not a loan offer or rate quote. A licensed loan officer can give you real numbers after reviewing your situation.