Lakeside Drive Apartments

Lakeside Drive is a pet-friendly rental community at 500 W 1st Street in downtown Tempe with studio, one-, and two-bedroom apartments and penthouses, some with Tempe Town Lake views. Homes have open floor plans, hardwood flooring, gourmet kitchens with gas cooktops, and Energy Star stainless-steel appliances. Amenities include a pool area with a spa, cabanas, and an outdoor entertainment pavilion, an air-conditioned pool house, a rooftop lounge facing the lake, a two-story fitness center, and a clubroom with a kitchen and coffee bar. Residents also have outdoor grilling areas, interior storage units, package concierge, and included garage parking, within walking distance of shops and dining.

Lakeside Drive Apartments is a rental building at 500 W 1st St in Downtown Tempe, Phoenix, AZ, built in 2018.

12 apartments are listed right now: 1 studio at $1,745 a month, 3 one-bedrooms at $1,825–$2,495 a month, 7 two-bedrooms at $2,099–$2,725 a month, and 1 three-bedroom at $4,299 a month. Asking rents across the building run $1,745 to $4,299 per month. Pricing was last verified on November 10, 2026.

Residents have access to rooftop deck, pet-friendly community, outdoor fire pits, smartphone resident access system, smoke-free community, clubroom, interior residential storage units, covered seating / game area, and 17 more amenities.