Phoenix average rent registers the largest increase in the U.S.

RENTCafé just released its January Rent Report, noting that the national average rent reached $1,463 after a 3 percent yearly increase. Phoenix average rent increased the most among the largest renter hubs, by 8.3 percent. While Mesa and Glendale are cheaper to rent in, they aren’t far behind either. Here are the highlights for the Valley: • Phoenix average rent reached $1,119 in January, going through a whopping 8.3% increase since the beginning of last year. … Continue reading Phoenix average rent registers the largest increase in the U.S.