Rents dip in Scottsdale, some other Phoenix-area cities

By Catherine Reagor | The Republic

Metro Phoenix rents have finally stopped rapidly increasing and are even dipping in some areas.

Scottsdale posted the second biggest decrease in the U.S. for the median rent on a one-bedroom apartment this month.

 Other Valley cites including Chandler, Tempe and Phoenix saw rents drop, too.

This month’s dips comes after metro Phoenix led the nation for rent increases for most of 2019 and early 2020.

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