GITNUX MARKETDATA REPORT 2024
Statistics About The Average Rent In Phoenix
The average rent in Phoenix is currently around $1,200 per month, with variations based on location and property type.
In this post, we will explore the latest statistics on the average rent prices in Phoenix, Arizona. As of July 2021, the average monthly rent for a two-bedroom unit in Phoenix stood at $1,295, with significant variations across different types of housing units. We will delve into the data revealing not only the current rental rates but also the trends and shifts in the rental market of this bustling city.
Statistic 1
"As of July 2021, the average monthly rent of a two-bedroom unit in Phoenix, AZ was $1,295."
Statistic 2
"The average rent for a studio apartment in Phoenix is $963."
Statistic 3
"The average rent of a two-bedroom apartment in Phoenix increased by 8.51% compared to the previous year."
Statistic 4
"The average rent in Phoenix increased by 10% over the past year."
Statistic 5
"About 37% of Phoenix residents rent, rather than own, their homes."
Statistic 6
"The average rent for a single-family home in Phoenix for the third quarter of 2021 was $1,713."
Statistic 7
"The city's average rental price exceeds the national average by 5%."
Statistic 8
"The city of Phoenix saw an average monthly rent increase of $24 from August 2020 to August 2021."
Statistic 9
"On average, rent for apartments near Grand Canyon University is $1,220/month."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
