Arizona rents stabilize with rising vacancies; demand stays strong in affordable segments amid new supply and shifting renter preferences.
Arizona’s rental market shows steady demand with rising vacancies in luxury units and strong growth in affordable and suburban rentals.
Mathias Korder is the CEO & Co-Founder of Baselane, a powerful banking and financial management platform for real estate investors.getty With fluctuating rent prices, varying vacancy rates and evolving property ownership expenses, today’s rental scene is in flux. Moreover, the rise of flexible work arrangements and technologies is helping reshape what prospective tenants seek. While…
Affording a rental home is pricey in Arizona, but several other states demand an even higher “housing wage.”A household must earn $62,252 to afford a two-bedroom rental in Arizona, according to the National Low Income Housing Coalition.That means an Arizona renter must earn almost $30 an hour and potentially have more than two jobs paying…
PHOENIX (3TV/CBS 5) — A new report from Rent.com shows improvement in rental prices across the United States. The report says that after nearly two years of rental price increases, the national median for rent prices was less in May than a year ago. The median rate dropped by 0.57% last month compared to May…
Arizona renters facing eviction may be able to receive assistance from the state in the new fiscal year. The newly approved state budget allocates $4 million to the Arizona Department of Economic Security to assist renters with housing or utility expenses, or legal aid resources.“I wish it would have been more money for eviction prevention,…
Brent Long leads the build-to-rent expansion for Christopher Todd Communities in Arizona. He says the renters range in age from Gen Z to Baby Boomers. “It’s really renters by choice and renters by … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing…
Julie Loffredi — Lifestyle For years, the idea of opening your home to travelers felt like something only seasoned hosts did. But lately, that’s been changing. Whether you’re a single-property owner listing your main residence or someone with a small portfolio of investment homes, more and more homeowners are discovering that hosting a vacation rental…
Tenants in Arizona may get some financial relief in the new year once the state repeals the transaction privilege tax for rental properties. Starting on Jan. 1, property owners will be expected to … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing…
Affording a rental home is pricey in Arizona, but several other states demand an even higher “housing wage.”A household must earn $62,252 to afford a two-bedroom rental in Arizona, according to the National Low Income Housing Coalition.That means an Arizona renter must earn almost $30 an hour and potentially have more than two jobs paying…