Saturday, November 26, 2022 10:17 pm

A search for solutions as Scottsdale rental prices soar

By AZ Central

Housing experts say renters will find Scottsdale an increasingly difficult place to afford unless more apartments are built.

The affluent community northeast of Phoenix hit the No. 10 spot on a list of the country’s most expensive cities for renters in October, when the median rent for a one-bedroom apartment reached $1,890 per month, according to apartment firm Zumper. 

Scottsdale, like the larger Phoenix metro area, is experiencing a housing shortage that is rooted in the response to the housing market collapse in 2008, according to Mark Stapp, executive director of the Master of Real Estate Development program at Arizona State University’s W.P. Carey School of Business.

READ ON:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
November 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930