Home / Phoenix, AZ Area Apartments / Tempe / 704 724 W 5th St, Unit 704-K
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Updated 3 hours ago

704 724 W 5th St, Unit 704-K


Tempe, AZ

Studio - 1 Bed
1 Bath

475 - 650 Sq. Ft.

Available starting Aug. 8th
Studio • 1 Bath
$1,095
475 ft2
1 Available
Managed By: avail
*MOVE IN SPECIAL - BEAUTIFULLY UPGRADED RIGHT NEXT TO ASU* Parkview on 5th - Upgraded Studio Unit - Quiet Boutique Property Moments from Arizona State University!
$1,095
Available Aug 8th, 2025
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View Rented Units
1 Bed • 1 Bath
$1,295
650 ft2
1 Available
Managed By: avail
*MOVE IN SPECIAL - BEAUTIFULLY UPGRADED RIGHT NEXT TO ASU* Parkview on 5th - Upgraded 1 Bed 1 Bathroom- Quiet Boutique Property Moments from Arizona State University! In Unit Washer and Dryer!
$1,295
Available Sep 19th, 2025
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View Rented Units
View More
2 Beds • 1 Bath
$1,200 - $1,395
850 ft2
0 Available
Managed By: avail
Quiet Boutique Property Moments from Arizona State University – Parkview on 5th
$1,200
Rented
View
Quiet Boutique Property Moments from Arizona State University – Parkview on 5th
$1,395
Rented
View
2 Beds • 2 Bath
$1,595 - $1,695
850 ft2
0 Available
Managed By: Acora Asset Management, LLC
720 West 5th Street Unit B
$1,695
Rented
View
720-B
$1,595
Rented
View
2 Beds • 1 Bath
$1,395
800 ft2
0 Available
Managed By: avail
*MOVE IN SPECIAL - BEAUTIFULLY UPGRADED RIGHT NEXT TO ASU* Parkview on 5th - Upgraded 2 Bed 1 Bathroom- Quiet Boutique Property Moments from Arizona State University! In Unit Washer and Dryer!
$1,395
Rented
View
Where you'll live
Street View
Map View
Satellite View
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $600.00
Property details
Description

Coming Available August 8th, 2025!
*MOVE IN SPECIAL! 1ST MONTH FREE WHEN SIGNING A 13 MONTH LEASE OR AN 18 MONTH LEASE!*
Parkview on 5th – Renovated Studio Unit with Washer/Dryer! Prime Tempe Location Near ASU, Mill Ave, and Jaycee Park!
PLEASE ONLY INQUIRE IF YOU MEET THE FOLLOWING QUALIFICATIONS:
-No smokers
-No crimes against children
-No evictions or bankruptcies within 60 months of application date
-Household income must be at least 3x the monthly rent (proof of income required)
-Full credit and criminal background checks are conducted by Acora Asset Management LLC in compliance with all Fair Housing Laws
VIRTUAL TOUR
ABOUT THE PROPERTY
Parkview on 5th is a quiet boutique community ideally located across the street from Jaycee Park and just moments from ASU and Mill Avenue. Enjoy modern upgrades in a walkable, central Tempe location without the price tag of large complexes.
Live close to everything Tempe has to offer with quick access to:
-Arizona State University
-Culinary Dropout, Blaze Pizza, Cartel Coffee, Chop Shop
-Mill Avenue, Tempe Marketplace, and Desert Botanical Gardens
-The Phoenix Zoo, and more
-Loop 202 for fast access across the Valley
UNIT FEATURES
-Studio Unit
-Stackable in-unit washer & dryer
-Porcelain tile flooring
-Stainless steel appliances
-Updated kitchen cabinets and quartz countertops
-Custom tile backsplash
PET POLICY
-Pet-friendly community!
-$25/month
-One-time $150 pet fee
-Pet charges are flat, not per animal
-Limit is up to 3 pets
UTILITIES & ADDITIONAL COSTS
-Residents responsible for APS Electric and Southwest Gas
-Utility Reimbursement Charge: $65/month (Water, Sewer, and Trash)
LEASE TERMS & PRICING
-Rent: $1,095/month
-Security Deposit: $600 (on approved credit)
-Application Fee: $65 per applicant
-Resident Services Charge: 2% of monthly rent
-Renter’s insurance required
-Lease Terms: 12, 13, or 18 months
Offered exclusively by Acora Asset Management LLC
Designated Broker: Colin Ralls
NOW ACCEPTING APPLICATIONS!

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 hours ago
Contact Number: (602) 638-3300
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 1000.0
Cox Communications, Inc. 1000.0 35.0
Triad Wireless, LLC 300.0 50.0
CenturyLink, Inc. 100.0 10.0
CenturyLink, Inc. 40.0 20.0
Data from June 2020 provided by the FCC
Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 704 724 W 5th St, Unit 704-K by bedroom type below.
Studio
Suggested income:
$39,400
per year
Rent report

704 724 W 5th St, Unit 704-K Rent vs. Tempe Average

 704 724 W 5th St, Unit 704-K      Tempe Average
Studio
$1,095
$1,279
$0
$450
$900
$1,350
$1,800

704 724 W 5th St, Unit 704-K is asking 14% less than the average studio apartment in Tempe.

If you upsized to an average priced Tempe 1 bedroom apartment, you would pay 14% more per month.

704 724 W 5th St, Unit 704-K provides 7% less square footage than the average Tempe studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
704 724 W 5th St, Unit 704-K
Studio $1,095 $2.30 $3,285
Tempe Average
Studio $1,279 $2.50 $3,838
1BR $1,496 $2.10 $4,487
2BR $1,767 $1.80 $5,301
3BR $2,620 $1.80 $7,861
4BR $2,868 $1.70 $8,604

Availability in Tempe

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 696 2BR units on the market in Tempe. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 36% 42% 8% 4%
Available Units in Tempe
Studio 150
1BR 605
2BR 696
3BR 135
4BR 66
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Sun Devil Football Stadium 0.9 mi 18 min 6 min 4 min
Memorial Union 1.4 mi 26 min 10 min 5 min
Hayden Library 1.5 mi 28 min 11 min 5 min
Noble Library 1.5 mi 28 min 8 min 4 min
Sun Devil Fitness Complex 1.6 mi 30 min 9 min 4 min
Nearby Hospitals
Name Distance
Tempe St Luke's Hospital, A Campus Of St Luke's Medical Center 1.01 mi.
Oasis Hospital 3.51 mi.
Aurora Behavioral Healthcare Tempe 4.28 mi.
Nearby Fire Stations
Name Distance
City Of Tempe Fire Department 0.78 mi.
City Of Tempe Fire Department 2.12 mi.
161st Air National Guard 3.54 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 08, 2025.
What's the square footage of the available units?
It's 475 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
704 724 W 5th St, Unit 704-K has a studio unit starting at $1,095.
Where is this property located?
This property is at 704 724 W 5th St, Unit 704-K in Tempe, AZ. It's 3.0 miles west from the center of Tempe.
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