Find a Tempe AZ home and enjoy life in a fast-paced university town. Arizona University is in Tempe and is one of the major employers. The university makes a Tempe home desirable, both for proximity to jobs and for the cultural opportunities it provides. Children who live in a Tempe AZ home can receive a top notch public education at one of the city’s elementary, middle, and high schools. People who love the outdoors will love to live in Tempe. Tempe Town Lake offers fishing, kayaking, and standup paddle boarding. In November, Tempe hosts the Ironman Triathlon.