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Phoenix Rentals: A Tale of Two Markets
Published 3 weeks, 3 days ago
Description
Phoenix Valleys rental market sees a split: apartment rents decrease, while house rents increase. Apartment rents average around $1,500, down from their 2022 peak, while house rents average $2,300, surpassing their 2022 highs. The divide emerged in 2022 and varies city to city across the Valley.
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