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)