Reports renew Scottsdale apartment development debate

By J. Graber | Scottsdale Progress

They say the three most important factors in real estate are location, location and location and if that location is Scottsdale, it’s going to cost money, money, money.

Forget about owning a home, even renting in Scottsdale can break the bank.

According to the website Zumper.com, Scottsdale has the 14th highest median price for a one-bedroom apartment in the nation at $1,810 per month. Some places where it’s cheaper to rent a one-bedroom apartment than Scottsdale include, Chicago, Denver and Honolulu, it said.

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