By AZRE | AZ Big Media
RENTCafe.com‘s year-end report is out, with a thorough insight on the rental market during 2020 — likely to become a reference year for a long time.
Overall renter activity was hampered as the pandemic affected the start of the rental season, delaying it by two months and making it shorter. Each US city saw different renter movement, which in turn affected rental costs.
Here are the highlights for Phoenix:
• This year, 9% more renters moved out of the city compared to 2019. At the same time, 1% less renters decided to move in.
