Rental market snapshot for Deer Valley, Phoenix
Deer Valley rental market summary
The rental market in Deer Valley, Arizona is showing signs of growth. In July of 2023, there were 5,097 new listings, indicating an increase in the number of rental properties available. The median rent in July of 2023 was $2,170, which is a 3.6% increase from the median rent in July of 2022. This suggests that the rental market is becoming more competitive, as prices are increasing.
Overall, the rental market in Deer Valley, Arizona is showing signs of growth. The number of new listings is increasing, and the median rent is increasing as well. This indicates that the rental market is becoming more competitive, as more people are looking for rental properties in the area. As the rental market continues to grow, it is likely that prices will continue to increase as well.
Median rent for all residential properties in Deer Valley
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The most expensive listings and top trending buildings in Deer Valley
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 27319 N 23rd Ave | $4,950 | 5 / 4.0 |
| 4231 W Paradise Ln unit N/A | $4,500 | 3 / 2.0 |
| 2510 W Big Oak St | $4,000 | 4 / 3.0 |
| 2310 W Spur Dr | $3,900 | 4 / 2.0 |
| 4231 W Paradise Ln | $3,750 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Related Management Company | $1,826 |
| Mission Rock Residential | $1,802 |
| TRG Management Company of Florida | $1,740 |
| NexMetro | $1,685 |
| Logan Property Management | $1,628 |
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Bedroom Breakdown in Deer Valley
Deer Valley neighborhood apartments rents
The rental market for studios in Deer Valley, Arizona is showing signs of growth. In July 2023, there were 6 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,302, a 12.5% increase from the median rent in June 2023 of $1,158. This suggests that the rental market for studios in Deer Valley is becoming more competitive, with landlords able to charge higher rents for their units.
The rental market for 1-bedroom apartments in Deer Valley, Arizona is showing signs of growth. In July 2023, there were 86 new 1-bedroom listings, a 2.4% increase in median rent from June 2023 to July 2023, and a median rent of $1,435. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Deer Valley, Arizona is showing signs of stability. In July 2023, 93 new 2-bedroom listings were added to the market, and the median rent for 2-bedroom apartments only decreased by 1.2% from June 2023 to July 2023, from $1,655 to $1,635. This indicates that the rental market for 2-bedroom apartments in Deer Valley is relatively stable and that renters can expect to find a good selection of apartments at reasonable prices.