Apartment Rents in Phoenix Increasing Fast! #Infographic - Visualistan

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Apartment Rents in Phoenix Increasing Fast!
Rental homes and apartments are getting expensive day by day and if you are also bewildered at its rising cost – then you are not alone! In fact, RENTCafé released their annual analysis of U.S. apartment rent and found that the national average rent has increased 3% in December 2019. They also report that renters all over the country are paying approximately $43 more per month, when compared to the rents in December 2018.

When it comes to the cost of living, Manhattan is the most expensive city in the U.S with tenants expected to pay over $4,000 per month for an average apartment rental.

The research also noted Phoenix, Arizona to see a significant spike in apartment rentals in the past 12 months. According to the analysis by RENTCafé, the ‘Valley of the Sun’ saw a spike of 9.6% with average rent around $1,123.
Las Vegas came in the second position for 6% increase in rent between the year 2018 and 2019 while Austin, the capital city of Texas had 5% growth.
Apartment Rents in Phoenix Increasing Fast!
Infographic by: www.statista.com

Share This Infographic On Your Site

Apartment Rents in Phoenix Increasing Fast! #Infographic


Apartment Rents in Phoenix Increasing Fast!
Rental homes and apartments are getting expensive day by day and if you are also bewildered at its rising cost – then you are not alone! In fact, RENTCafé released their annual analysis of U.S. apartment rent and found that the national average rent has increased 3% in December 2019. They also report that renters all over the country are paying approximately $43 more per month, when compared to the rents in December 2018.

When it comes to the cost of living, Manhattan is the most expensive city in the U.S with tenants expected to pay over $4,000 per month for an average apartment rental.

The research also noted Phoenix, Arizona to see a significant spike in apartment rentals in the past 12 months. According to the analysis by RENTCafé, the ‘Valley of the Sun’ saw a spike of 9.6% with average rent around $1,123.
Las Vegas came in the second position for 6% increase in rent between the year 2018 and 2019 while Austin, the capital city of Texas had 5% growth.
Apartment Rents in Phoenix Increasing Fast!
Infographic by: www.statista.com

Share This Infographic On Your Site

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