Rent prices have been moving lower across the nation, and Arizona provides an ideal case study of the trend, according to a new report from apartment-tracking website Zumper.
Phoenix’s one-bedroom median rent was just over $1,350, making it the 42nd highest rental market in Zumper’s US report. That was lower than No. 14 Scottsdale , No. 25 Chandler and No. 26 Gilbert , but higher than No. 44 Mesa , No. 47 Glendale . Elsewhere in Arizona, Tucson was No. 85, with median one-bedroom rent of $940.
Nationally, the report said, changes brought on by the Covid-19 pandemic are starting to reverse in many places.
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