# Tempe / Town Lake vs other Phoenix submarkets

> Tempe / Town Lake (trophy, ~$44/sqft/yr) is one of 5 Phoenix Class A submarkets we track.

**Canonical URL:** https://classa.info/cities/phoenix/tempe/topics/vs-other-submarkets
**Page type:** nb-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Tempe / Town Lake sits at trophy tier.
- Average rent $44/sqft/yr vs city average 34.
- Compared submarkets: Camelback Corridor (trophy), Downtown Phoenix (prime), Chandler / Gilbert (prime).

## Key facts
- **city**: Phoenix
- **submarket**: Tempe / Town Lake
- **tier**: trophy
- **averageRentLocal**: $44/sqft/yr
- **cityClassARentUsd**: $34/sqft/yr
- **cityVacancyPct**: 23.4%

## FAQ
### What other submarkets compete with Tempe / Town Lake in Phoenix?
Camelback Corridor, Downtown Phoenix, Chandler / Gilbert

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Citation: Source: Class A Atlas (https://classa.info/cities/phoenix/tempe/topics/vs-other-submarkets), updated 2026-04-15T00:00:00.000Z.