Qtr4 2014 – Average Rental Rates

Jim Kasten
By | 2017-10-04T14:30:14+00:00 March 4th, 2014|

For 50 – 99 unit size apartment’s, rental rates continue their steady increase while the 100+ unit’s rates are still flat. The highest rents being in Central Phoenix / Sky Harbor and the lowest along the I-17 corridor.

Size         Studio                  One Bedroom      Two Bedroom

50 – 99    $490 (1.14/sf)      $588 (0.94/sf)      $614 (0.75/sf)

100+       $564 (1.23/sf)      $685 (1.01/sf)      $706 (0.86/sf)