Rents in Phoenix climbed more than 7 percent in 2018, a growth rate eclipsed by only one other city in the country.
In its year-end analysis, RentCafe pegged rent growth in Phoenix at 7.7 percent among large cities in 2018. Only Las Vegas saw rents rise faster than Phoenix among large cities for the year. Sin City rents climbed 7.9 percent.
"Cities like Las Vegas, NV and Phoenix, AZ have proven to be viable alternatives to big cities with suffocating housing costs for many," according to RentCafe's…