The rental rate of houses in Phoenix increased from 10.4% to 13.6% article cover image
News/Community Wire/Archive/Mar 20, 2013
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The rental rate of houses in Phoenix increased from 10.4% to 13.6%

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The rental rate of houses in Phoenix increased from 10.4% to 13.6%. There were 2,645 houses rented in Greater Phoenix in February, with an average price of $1,100...

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The rental rate of houses in Phoenix increased from 10.4% to 13.6% There were 2,645 homes for rent in Greater Phoenix in February, with an average price of $1,100, the same as February 2012. However, 10.4% of the original housing transactions were for rental, but this year it increased to 13.6%. Let’s take a look at rental prices in several cities: The median rental price in Peoria in January last year was $1,195. In January this year it was $1,019. Last year it was $1,300 in Chandler, and this year it was $1,250. Rent in Tempe has increased. Rents in Surprise, Mesa and Cave Creek remained stable. The rental rate of houses in Paradise Valley has increased significantly, 12.6%. The average rent in high-end neighborhoods was $3,800 per month in January this year. For more information about real estate, please contact Tinna of Goldtrust Realty (480)287-0180 E-mail: Goldtrustrealty2010@ gmail.com

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