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Home / Phoenix, AZ Area Apartments / Tempe / Vela at Tempe Town Lake
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Updated 32 minutes ago

Vela at Tempe Town Lake


555 N College Ave Tempe, AZ

Studio - 2 Bed
•
1 - 2 Bath

543 - 2,114 Sq. Ft.

Available Now
Deal

Up to 6 Weeks Free on Studio & 1-Bedrooms!
*Restrictions Apply. Contact Associate for Details.
Floor plans
Studio • 1 Bath
$1,535 - $1,645
543 ft2
7 Available
Unit 2008
$1,619
Available Now
View
Unit 3013
$1,640
Available Jun 25th, 2025
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Unit 1048
$1,535
Available Jun 29th, 2025
View
Unit 2015
$1,645
Available Jul 5th, 2025
View
Unit 3008
$1,619
Available Jul 30th, 2025
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Unit 3001
$1,595
Available Aug 11th, 2025
View
Unit 1001
$1,535
Available Aug 17th, 2025
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1 Bed • 1 Bath
$2,133 - $2,143
938 ft2
3 Available
Unit 2057
$2,133
Available Now
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Unit 2056
$2,133
Available Now
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Unit 4057
$2,143
Available Jul 3rd, 2025
View
View Rented Units
1 Bed • 1 Bath
$2,242 - $2,442
695 ft2
3 Available
Unit 3035
$2,242
Available Now
View
Unit 5013
$2,287
Available Now
View
Unit 2035
$2,442
Available Jul 5th, 2025
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View Rented Units
1 Bed • 1 Bath
$1,916 - $1,941
753 ft2
3 Available
Unit 4014
$1,941
Available Now
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Unit 3037
$1,916
Available Now
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Unit 2053
$1,916
Available Jun 24th, 2025
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View Rented Units
1 Bed • 1 Bath
$1,728 - $1,818
693 ft2
7 Available
Unit 3039
$1,818
Available Now
View
Unit 1016
$1,783
Available Jul 3rd, 2025
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Unit 1018
$1,783
Available Jul 6th, 2025
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Unit 3018
$1,818
Available Jul 31st, 2025
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Unit 2010
$1,818
Available Aug 1st, 2025
View
Unit 1027
$1,728
Available Aug 19th, 2025
View
Unit 1039
$1,778
Available Aug 19th, 2025
View
View Rented Units
1 Bed • 1 Bath
$1,837
739 ft2
1 Available
Unit 2045
$1,837
Available Jun 27th, 2025
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2 Beds • 2 Bath
$3,499
2114 ft2
2 Available
Unit 1033
$3,499
Available Now
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Unit 1034
$3,499
Available Now
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2 Beds • 2 Bath
$2,733 - $2,768
1087 ft2
2 Available
Unit 3033
$2,733
Available Now
View
Unit 4028
$2,768
Available Jul 24th, 2025
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View Rented Units
2 Beds • 2 Bath
$2,747
1286 ft2
1 Available
Unit 4022
$2,747
Available Jul 18th, 2025
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View Rented Units
2 Beds • 2 Bath
$2,470
1128 ft2
1 Available
Unit 3067
$2,470
Available Aug 16th, 2025
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View Rented Units
2 Beds • 2 Bath
$2,327
1206 ft2
1 Available
Unit 2038
$2,327
Available Aug 23rd, 2025
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Where you'll live
Street View
Map View
Satellite View
Vela at Tempe Town Lake
Vela at Tempe Town Lake
Vela at Tempe Town Lake
Amenities
Meeting & Entertainment Rooms With Gorgeous
Split Master Floor Plans
Kitchen Prep Island With Pendant Lighting
Beautiful Lakefront Views
Pool With Spa Cabanas
Fitness & Wellness Center With Peloton Bikes & Fitness Instruction Available
Plush Outdoor Seating With Gas Fire Pits
Stainless Appliances
Easy Access To Tempe Town Lake Beach & Amenities
Area, Tv's, & Serene Water Features
Ev Charge Stations
Spectacular Views
Spacious Walk-in Closets
Gourmet Kitchens
Designer Color Schemes
Quartz Countertops
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Number Limit:

2

Parking
Off-street Parking
Lease & Fees
Lease Length:

3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15

Property details
Additional Details
Total Unit Count: 290
Last Updated: Updated 32 minutes ago
Contact Number: (520) 438-5748
Office Hours
Sunday: 10:00 AM - 4:00 PM
Monday: 9:30 AM - 5:30 PM
Tuesday: 9:30 AM - 5:30 PM
Wednesday: 9:30 AM - 5:30 PM
Thursday: 9:30 AM - 5:30 PM
Friday: 9:30 AM - 5:30 PM
Saturday: 9:00 AM - 5:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Triad Wireless, LLC 300.0 50.0
CenturyLink, Inc. 60.0 5.0
ViaSat, Inc. 35.0 3.0
Gutierrez-Palmenberg, Inc. 25.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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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 Vela at Tempe Town Lake by bedroom type below.
Studio
Suggested income:
$57,500
per year
1 Bedroom
Suggested income:
$69,900
per year
2 Bedroom
Suggested income:
$103,100
per year
Rent report

Vela at Tempe Town Lake Rent vs. Tempe Average

 Vela at Tempe Town Lake      Tempe Average
Studio
$1,598
$1,284
$0
$550
$1,100
$1,650
$2,200
1BR
$1,942
$1,532
$0
$650
$1,300
$1,950
$2,600
2BR
$2,863
$1,817
$0
$950
$1,900
$2,850
$3,800

Vela at Tempe Town Lake is asking 24% more than the average studio apartment in Tempe.

If you upsized to an average priced Tempe 1 bedroom apartment, you would pay 16% more per month.

Vela at Tempe Town Lake provides 8% more square footage than the average Tempe studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Vela at Tempe Town Lake
Studio $1,598 $2.90 $4,795
1BR $1,942 $2.50 $5,827
2BR $2,863 $2.00 $8,590
Tempe Average
Studio $1,284 $2.50 $3,853
1BR $1,532 $2.10 $4,597
2BR $1,817 $1.80 $5,450
3BR $2,705 $1.90 $8,114
4BR $2,948 $1.80 $8,845

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 693 2BR units on the market in Tempe. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 38% 40% 7% 4%
Available Units in Tempe
Studio 181
1BR 662
2BR 693
3BR 113
4BR 73
Location
Nearby Colleges

Arizona State University

Arizona State University Skysong

Rio Salado College

University Of Phoenix Arizona

Gateway Community College

Campus Buildings and Attractions
Distance Walking Biking Driving
Sun Devil Football Stadium 1.2 mi 30 min 10 min 4 min
Noble Library 1.6 mi 31 min 10 min 4 min
Hayden Library 1.8 mi 35 min 13 min 6 min
Memorial Union 1.8 mi 36 min 12 min 5 min
Sun Devil Fitness Complex 1.9 mi 36 min 12 min 5 min
Nearby Hospitals
Name Distance
Tempe St Luke's Hospital, A Campus Of St Luke's Medical Center 1.65 mi.
Ban NER Behavioral Health Hospital 3.41 mi.
Scottsdale Healthcare Osborn 3.73 mi.
Nearby Fire Stations
Name Distance
City Of Tempe Fire Department 1.31 mi.
City Of Tempe Fire Department 1.65 mi.
General Dynamics Decision Systems Fire Department 2.59 mi.
FAQs
Is this property currently leasing units?
Yes. There are 35 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 34 units available for move-in over the next 2 months. 11 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 543 to 2,114 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, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,535 to $3,499. Vela at Tempe Town Lake has studio units available starting at $1,535, 1 bedroom units available starting at $1,728, and 2 bedroom units available starting at $2,470.
Where is this property located?
This property is at 555 N College Ave in Tempe, AZ. It's 2.5 miles northwest from the center of Tempe.
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