The Zumper Phoenix Metro Report analyzed active listings in April 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 $972 last month.
Cities Ranked By Rent
The Most Expensive
–Scottsdale, AZ saw rent drop $30 to $1,350 but managed to stay the most expensive city.
–Chandler, AZ saw rents increase to $1,200 but remain in the number two spot.
–Gilbert, AZ rent dipped by $20 and settled into the third most expensive city at $1,140.
The Least Expensive
–Glendale, AZ one bedroom rent remained flat at $780 and continued to rank as the most affordable city in the metro.
–Mesa, AZ was the second least expensive with rent at $900.
–Avondale, AZ rent dropped $10 to $940 but remained third.
Growth Rate
The Fastest Growing (Y/Y%)
–Chandler, AZ had the fastest growing rent since this time last year, up 15.4%.
–Avondale, AZ and Scottsdale, AZ tied for the second spot, both climbing 8.9%.
–Gilbert, AZ wasn’t far behind, claiming the third spot with an 8.6% yearly growth rate.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Scottsdale | $1,350 | -2.2% | 8.9% | $2,120 | 1.9% | 11.0% |
| 2 | Chandler | $1,200 | 3.4% | 15.4% | $1,400 | -2.8% | 10.2% |
| 3 | Gilbert | $1,140 | -1.7% | 8.6% | $1,440 | 2.1% | 5.9% |
| 4 | Peoria | $1,040 | 0.0% | 5.1% | $1,370 | 4.6% | 7.9% |
| 4 | Tempe | $1,040 | 0.0% | 4.0% | $1,220 | 0.0% | 2.5% |
| 6 | Goodyear | $1,020 | 0.0% | 8.5% | $1,380 | 4.5% | 12.2% |
| 7 | Phoenix | $990 | 1.0% | 4.2% | $1,220 | 1.7% | 4.3% |
| 8 | Avondale | $980 | 3.2% | 8.9% | $1,170 | 2.6% | 6.4% |
| 9 | Surprise | $940 | -5.1% | -3.1% | $1,690 | 5.0% | -8.2% |
| 10 | Mesa | $900 | -1.1% | 0.0% | $1,110 | 3.7% | 4.7% |
| 11 | Glendale | $780 | 0.0% | 1.3% | $1,000 | 5.3% | 6.4% |
Contenu associé
