(Photo via X Co.)
By Corina Vanek | Arizona Republic
Yhara Quiroz wanted to move to downtown Phoenix, but decided it wasn’t a good time to buy a place with the area’s soaring costs for houses and condos.
She toured X Phoenix, a new apartment complex at Second Avenue and Monroe Street, planning to rent a one-bedroom apartment. She ended up signing a lease in one of the building’s co-living units, where she rents one bedroom in a four-bedroom unit, and lives with three other people, who are all on separate leases.
X Phoenix offers traditional leases on individual apartments, but also rents bedrooms in shared apartment spaces. The shared apartments cost less, which is appealing at a time of rising rental prices across metro Phoenix