CALL US: 602-296-6200
CALL US: 602-296-6200

Rent prices are changing thanks to ‘apartment-building boom’ – what renters should expect

Rent hit a high of $2,052 in August 2023 and was down to $1,967 by November last year, according to data, thanks in large part to a slew of new units coming to the market. Another factor: Demand has slowed because people aren’t moving as much as they were during the pandemic. Also, fewer households are forming, possibly due to worries about inflation.



Related post

Subscribe to The Home Front

Fill out the information below to join our newsletter.

This field is for validation purposes and should be left unchanged.