April 18, 2024 5:02 pm
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Phoenix rents continue rising faster than national average

North Phoenix News

Apartment rental prices in Phoenix have been on a steady climb, inching up 0.2 percent in August compared to the previous month and 4.9 percent above August 2016, according to a report today from Apartment List, a rental search site. Across the nation rents rose 3.0 percent, year over year.

The median rent for a one-bedroom apartment in Phoenix was $820, and $1,020 for a two-bedroom. Phoenix’s prices are the cheapest of 10 large cities in the Valley.

The report does not break out data for North Phoenix neighborhoods.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.