The Zumper Phoenix Metro Report analyzed active listings in June across 11 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Arizona one bedroom median was $917 last month.
Cities Ranked By Rent
The Most Expensive
–Scottsdale, AZ stayed steady as the most expensive city with one bedrooms priced at $1,250.
–Gilbert, AZ ranked as second with rent at $1,090.
–Tempe, AZ outpaced Chandler to become the third priciest with rent growing $50 to $1,060.
The Least Expensive
–Glendale, AZ saw rent rise $10 to $750 but continued to rank as the most affordable in the metro.
–Mesa, AZ was the second least expensive with rent at $910.
–Avondale, AZ followed closely behind as third with one bedrooms priced at $920.
Growth Rate
The Fastest Growing (Y/Y%)
–Mesa, AZ had the fastest growing rent, up 13.8% since this time last year.
–Tempe, AZ rent had the second largest year over year growth rate, climbing 12.8%.
–Phoenix, Arizona was third with rent jumping 11.4%.
The Fastest Growing (M/M%)
–Tempe, AZ was the only city with a significant monthly rental growth rate, up 5%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Westchase | $1,300 | 2.40% | 1.60% | $1,580 | -0.60% | -1.30% |
| 2 | Dunedin | $1,200 | -0.80% | 15.40% | $1,430 | 3.60% | 11.70% |
| 3 | Tampa | $1,160 | 0.00% | 8.40% | $1,380 | 0.00% | 9.50% |
| 4 | Riverview | $1,140 | 0.90% | 14.00% | $1,350 | 3.80% | 10.70% |
| 5 | Clearwater | $1,110 | -5.10% | 2.80% | $1,560 | -4.30% | 7.60% |
| 6 | Temple Terrace | $1,080 | 4.90% | 13.70% | $1,250 | -2.30% | 8.70% |
| 7 | Brandon | $1,060 | 5.00% | 14.00% | $1,250 | 5.00% | 8.70% |
| 7 | Lutz | $1,060 | 5.00% | -8.60% | $1,290 | 1.60% | -4.40% |
| 9 | St Petersburg | $1,040 | -2.80% | 15.60% | $1,500 | -2.60% | 7.90% |
| 10 | Palm Harbor | $1,030 | -4.60% | 3.00% | $1,290 | -4.40% | -2.30% |
| 11 | Pinellas Park | $1,010 | 2.00% | -2.90% | $1,210 | 0.00% | 1.70% |
| 12 | Seminole | $930 | 4.50% | 10.70% | $1,280 | 1.60% | -1.50% |
| 13 | Largo | $920 | -5.20% | 2.20% | $1,260 | 5.00% | 11.50% |
| 14 | Plant City | $900 | 4.70% | 9.80% | $1,020 | 0.00% | 0.00% |
| 15 | Tarpon Springs | $850 | 4.90% | 13.30% | $1,260 | -5.30% | 0.00% |
| 16 | Hudson | $780 | -3.70% | 11.40% | $980 | 5.40% | 8.90% |
| 17 | New Port Richey | $720 | -1.40% | 14.30% | $900 | -4.30% | 11.10% |
About
The Zumper Phoenix Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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