By AZ Family
CHANDLER (3TV/CBS 5) – According to a new study, Chandler is overtaking Scottsdale as one of the most expensive places for apartment renters.
It’s no surprise that Arizona is experiencing a tight rental market sending rental prices skyrocketing all over the state. But according to a new report from rent.com, Scottsdale could provide a better deal than many of its East Valley neighbors. Rental prices for a 2-bedroom apartment between 2020-2021 increased by 68% in Chandler, the most significant increase in the state and the country.
The website estimates that the average price for a 2-bedroom apartment averages $2,900 a month.
Renters in Chandler looking for a better deal may not have far to look. 2-bedroom apartments in Scottsdale average $2,767 (a nearly 11% decrease), Gilbert averages $2,387 a month, and Mesa at $1,778 a month.