FAIRWAY

VELA

555 North College Avenue, Tempe, AZ 85281

Property Summary

Located steps from Tempe Town Lake, this five-story apartment community offers studio, one-bedroom, and two-bedroom homes. Residents enjoy modern interiors with designer color schemes, hardwood-style flooring, and 10-foot ceilings. Select units feature floor-to-ceiling windows and private balconies. The community provides a range of amenities, including a pool, fitness center, business center, and a roof terrace. The property is pet-friendly and includes an on-site pet play area. Controlled access and elevator service are provided for convenience.

Three things to know

9% higher than the studio median within 3 mi

$1,561 to start, vs a median of $1,432 (within 3 mi).

Source · 439 active studio units · Within 3 mi · 45-day window · computed Sep 22, 2026

Required fees add $2/mo

Pest control $2/mo. Opt-in extras like pet rent or parking are separate.

Source · Apartments.com · checked Sep 21, 2026

cats and dogs allowed

Cats: $45/mo rent. Dogs: $45/mo rent.

Source · Apartments.com · checked Sep 21, 2026

Available units

Checked yesterday

  • Studio · 1 ba · 543 ft² · Unit 3025
    Available Sep 28
    $1,561/mo
  • Studio · 1 ba · 543 ft² · Unit 1009
    Available Sep 23
    $1,564/mo
  • Studio · 1 ba · 543 ft² · Unit 1020
    Available Sep 23
    $1,569/mo
  • Studio · 1 ba · 543 ft² · Unit 3013
    Available Nov 8
    $1,588/mo
  • Studio · 1 ba · 543 ft² · Unit 3021
    Available Nov 15
    $1,588/mo
  • Studio · 1 ba · 543 ft² · Unit 4021
    Available Nov 23
    $1,598/mo
  • Studio · 1 ba · 543 ft² · Unit 4017
    Available Oct 29
    $1,624/mo
  • Studio · 1 ba · 574 ft² · Unit 3019
    Available Oct 8
    $1,642/mo

How the rent compares

This building, studio$1,561
Within 3 mi median$1,432

Source · 439 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

9% higher than the studio median within 3 mi

Source · 439 active studio units · Within 3 mi · 45-day window · computed Sep 22, 2026

Building ageFact

Built in 2016

Source · Apartments.com · checked Sep 21, 2026

ParkingExtra cost

Priced separately at $75/mo

Source · Apartments.com · checked Sep 21, 2026

Amenities

  • Pool
  • Fitness Center
  • Elevator
  • Clubhouse
  • Controlled Access
  • Business Center
  • Grill
  • Package Service
  • Maintenance On Site
  • Renters Insurance Program
  • Online Services
  • EV Charging
  • Wheelchair Accessible
  • Lounge
  • Hot Tub
  • Spa
  • Bicycle Storage
  • Gated
  • Courtyard
  • Dock

Policies & Fees

Pet Policy
Dogs✓ Allowed
Cats✓ Allowed

Source · Apartments.com · checked Sep 21, 2026

Fees & Deposits
Monthly fees
Pet rent$45/mo
Parking$75/mo
Pest control$2/mo

Source · Apartments.com · checked Sep 21, 2026

Location

What's Around

Property City

Tempe

AZ

Nearby Schools

Questions renters ask about this building

Is parking included in the rent?

No — the fee schedule lists parking separately at $75/mo.

Source · Apartments.com · checked Sep 21, 2026

Are pets allowed, and what do they cost?

The listing says cats are allowed with $45/mo rent; dogs are allowed with $45/mo rent.

Source · Apartments.com · checked Sep 21, 2026

What extra monthly fees should I budget for?

The listing totals $2/mo in required fees (pest control), before opt-ins like pet rent or parking.

Source · Apartments.com · checked Sep 21, 2026

Find similar