By Axios
Metro Phoenix apartments are pricier than they used to be — and also smaller.
Why it matters: New apartments have shrunk in most U.S. cities, including Phoenix, squeezing many renters who already pay steep prices, a RentCafe analysis found.
By the numbers: Apartments built in Phoenix between 2015 and 2024 averaged 852 square feet, per the report.
- That’s a drop of 64 square feet from the previous decade.
- Tempe and Glendale saw the most significant size decreases across the Valley suburbs at 112 and 135 square feet, respectively.
