Blog

Mar
12
Second Hottest Rental Market - Phoenix, AZ

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Don’t be surprised if rent increases in the next year. The Phoenix metro area in 2018 had the second-fastest growing average rent prices in the United States, surpassing $1,000 for the first time, according to a report from RentCafe, the apartment listings and trends website.

On average, monthly rent prices in Phoenix grew nearly 7.7% in 2018, $72 more than what renters were paying in 2017. A big reason for the big price boom is the increase in population. Mesa led the nation for cities with a 8.3% increase. Chandler also came in with a huge growth of approximately 8.3%.

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While Phoenix’s rent increase follows the national trend, it is at a much higher rate. The national average increase in rent was about 3.1% in 2018, or $42 more than the year before. Studies show the growth is expected to continue through 2019.


TCT Property Management Services, LLCLess

TCT Property Management Services, LLC

2500 S Power Road #121

Mesa, AZ 85209

T: (480) 632-4222

F: (480) 632-4226

E: info@tctproperties.com


Office Hours: Monday - Thursday 8:30AM-5:00PM, Friday 8:30AM-4:00PM

2500 S Power Road #121

Mesa, AZ 85209

T: (480) 632-4222

F: (480) 632-4226

E: info@tctproperties.com


Office Hours: Monday - Thursday 8:30AM-5:00PM, Friday 8:30AM-4:00PM

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Se habla Español

Jennice Doty, Designated Broker


For AFTER BUSINESS HOURS maintenance EMERGENCY, please call 480-632-4225 and the on-call property manager will assist you

Jennice Doty, Designated Broker


For AFTER BUSINESS HOURS maintenance EMERGENCY, please call 480-632-4225 and the on-call property manager will assist you

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Associations & Affiliations

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