July marks the seventh straight month Phoenix has seen apartment rents rise.
According to Apartment List’s July Phoenix Rent Report, rents increased 0.3 percent during the past month and 2.3 percent year-over-year, exceeding the national average year-over-year increase of 1.4 percent.
Rents are increasing across the entire metro area.
Gilbert has the most expensive two-bedroom median rent at $1,450 and grew 7 percent during the past year, making the city home to the fastest-growing rates in…
