FAIRWAY

Lakeside Drive Apartments

500 West 1st Street, Tempe, AZ 85281

Property Summary

Built in 2018, this four-story apartment community offers a modern living experience in Tempe. Residents have access to high-tech amenities, including a fitness center, a resort-style pool, and a rooftop lounge. The community is pet-friendly and features controlled access for added peace of mind. Select apartment homes are appointed with upscale finishes such as hardwood flooring, granite countertops, stainless steel appliances, and gas stovetops. Many units also include the convenience of an in-unit washer and dryer, as well as private balconies or patios.

Renter brief

At the source check, 9 units were listed as available. That snapshot spanned studio to 2-bedroom homes. The lowest listed rent in that snapshot was $1,595/mo.

Source · Mark Taylor · checked Sep 22, 2026

Available units

Checked 7 hours ago

  • Studio · 1 ba · 624 ft² · Unit 3046
    Available Oct 25
    $1,595/mo
  • Studio · 1 ba · 624 ft² · Unit 1050
    Available Dec 2
    $1,595/mo
  • 2 bd · 2 ba · 914 ft² · Unit 2038
    Available Nov 2
    $1,660/mo
  • 2 bd · 2 ba · 914 ft² · Unit 1014
    Available Dec 15
    $1,860/mo
  • 1 bd · 1 ba · 829 ft² · Unit 3031
    Available Oct 11
    $2,030/mo
  • 2 bd · 2 ba · 1,031 ft² · Unit 1045
    Available Oct 31
    $2,155/mo
  • 2 bd · 2 ba · 1,031 ft² · Unit 2043
    Available Nov 27
    $2,155/mo
  • 2 bd · 2 ba · 1,118 ft² · Unit 3023
    Available Oct 28
    $2,240/mo

How the rent compares

This building, studio$1,595
Within 3 mi median$1,434

Source · 423 active studio units · Within 3 mi · 45-day window · computed Sep 22, 2026

Renter facts, criterion by criterion

No overall grade — each row reflects only the fact and source shown.

Rent comparisonBelow average

11% higher than the studio median within 3 mi

Source · 423 active studio units · Within 3 mi · 45-day window · computed Sep 22, 2026

Transit accessStrong

0.2 mi straight-line distance to Tempe Beach Park/Rio Salado

Source · Transit map coordinates · not a routed trip

Building ageFact

Built in 2018

Source · Mark Taylor · checked Aug 19, 2026

ParkingStrong

On-site parking listed

Source · Mark Taylor · checked Aug 19, 2026

Amenities

  • Pet Friendly
  • Fitness Center
  • Business Center
  • Covered Parking
  • Resort-Style Pool
  • Gated Community
  • Rooftop Lounge

What's Around

  • Transit
    Tempe Beach Park/Rio Salado · 0.2 mi straight-line
  • Groceries
    On Ash Tap Room · 0.6 mi
  • Dining
    182 restaurants & cafés within 1 mi
  • Parks
    Rio Salado and Tempe Town Lake · 0.2 mi
  • University
    Arizona State University (Tempe campus) · 1.1 mi

Nearby Schools

Questions renters ask about this building

Is parking included in the rent?

On-site parking is listed as an amenity; confirm any parking cost with the leasing office.

Source · Mark Taylor · checked Aug 19, 2026

How close is the nearest rail station?

Tempe Beach Park/Rio Salado is 0.2 mi away by straight-line distance; this is not a routed walking estimate.

Source · Transit map coordinates

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