Despite rent increases, Phoenix remains least-expensive city for apartments in the Valley

 

Tuscany Ridge in Peoria is in the midst of some of the highest cities for apartment rents./ PROVIDED BY CBRE

Jim Belfiore expects the rental market to start flattening more

By Kara Carlson | Phoenix Business Journal

Despite moderate price increases, the city of Phoenix still is the least-expensive place to rent in the Valley, according to current findings by Apartment List.

Renters in Phoenix can expect to pay around $830 a month for a one-bedroom and $1,030 a month for a two-bedroom, according to the company’s April 2018 Phoenix Rent Report. The price points hold steady from last month.

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