By Catherine Reagor | The Republic
Renters in metro Phoenix are getting a bit of a break these days. It’s not that rents are falling, just that they aren’t rising as fast as last year.
The average cost of leasing a Valley apartment grew by about 5 percent during the past year
In 2015, the monthly cost to lease a Phoenix-area apartment jumped almost 8 percent
Almost 4,000 apartments are underway or planned in central Phoenix
Renters in metro Phoenix are getting a bit of a break these days.
It’s not that rents are falling, just that they aren’t rising as fast as they did last year.
