The Zumper Phoenix Metro Report analyzed active listings in May 2019 across 11 metro cities to show the most and least expensive cities and the cities with the fastest growing rents. The Arizona one bedroom median was $964 last month.
Cities Ranked By Rent
The Most Expensive
–Scottsdale, AZ saw rent drop another $30 to $1,320 but remain the priciest city in the metro.
–Chandler, AZ rent grew $10 to $1,210 and stay the second most expensive.
–Gilbert, AZ continued to be third with rent increasing $30 to $1,140.
The Least Expensive
–Glendale, AZ was the most affordable city in the metro with one bedroom rent falling $10 to $800 last month.
–Mesa, AZ ranked as the second least expensive with rent at $920.
–Avondale, AZ saw rent climb $20 to $980 but remain third.
Growth Rate
The Fastest Growing (Y/Y%)
–Chandler, AZ saw rent grow 15.2%, making it the fastest growing.
–Goodyear, AZ rent was the second fastest growing, climbing 9.3%.
–Glendale, AZ ranked as third with rent up 8.1%.
The Fastest Growing (M/M%)
–Surprise, AZ had the largest monthly growth rate, jumping 5.3%.
–Goodyear, AZ rent climbed 3.9% last month, making it second.
–Tempe, AZ followed closely behind as third with rent growing 3.8%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Scottsdale | $1,320 | -2.20% | 5.60% | $2,010 | -5.20% | 6.30% |
| 2 | Chandler | $1,210 | 0.80% | 15.20% | $1,440 | 2.90% | 12.50% |
| 3 | Gilbert | $1,170 | 2.60% | 7.30% | $1,430 | -0.70% | 5.10% |
| 4 | Tempe | $1,080 | 3.80% | 6.90% | $1,220 | 0.00% | 0.00% |
| 5 | Goodyear | $1,060 | 3.90% | 9.30% | $1,380 | 0.00% | 7.80% |
| 6 | Peoria | $1,040 | 0.00% | 6.10% | $1,300 | -5.10% | 3.20% |
| 7 | Phoenix | $1,000 | 1.00% | 2.00% | $1,240 | 1.60% | 4.20% |
| 8 | Surprise | $990 | 5.30% | 1.00% | $1,610 | -4.70% | -13.00% |
| 9 | Avondale | $980 | 0.00% | 6.50% | $1,150 | -1.70% | 4.50% |
| 10 | Mesa | $920 | 2.20% | 1.10% | $1,160 | 4.50% | 5.50% |
| 11 | Glendale | $800 | 2.60% | 8.10% | $1,050 | 5.00% | 9.40% |
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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