Rental market snapshot for North Mountain, Phoenix
North Mountain rental market summary
The rental market in North Mountain, Arizona is showing signs of stability. In July 2023, there were 3,032 new listings, indicating that the rental market is still active. The median rent in July 2023 was $1,895, which is the same as the median rent in July 2022. This suggests that the rental market in North Mountain is not experiencing any significant changes in rent prices.
The median rent in June 2023 was $1,930, which is slightly higher than the median rent in July 2023. However, the percent change in rent from June 2023 to July 2023 was only 1.8%, indicating that the rental market is not experiencing any significant fluctuations in rent prices. This suggests that the rental market in North Mountain is stable and not experiencing any major changes in rent prices.
Median rent for all residential properties in North Mountain
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The most expensive listings and top trending buildings in North Mountain
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 15042 N Moon Valley Dr | $6,500 | 4 / 3.0 |
| 4201 W Acoma Dr | $3,850 | 4 / 2.0 |
| 8042 N 6th Pl | $3,795 | 4 / 3.0 |
| 318 E Butler Dr | $3,000 | 3 / 2.0 |
| 120 E Foothill Dr | $2,970 | 3 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Rise Cactus LLC | $1,480 |
| Rise Desert Cove LLC | $1,475 |
| Weidner Property Management | $1,437 |
| Rise48 Communities | $1,436 |
| Greystar* | $1,421 |
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Bedroom Breakdown in North Mountain
North Mountain neighborhood apartments rents
The rental market for studios in North Mountain, Arizona is showing signs of growth. In July 2023, there were 36 new studio listings, a 3.4% increase from the median rent in June 2023. The median rent for studios in July 2023 was $1,075, a slight increase from the median rent in June 2023 of $1,040. This indicates that the rental market for studios in North Mountain is on the rise, and that renters should expect to pay slightly more for studios in the area.
The rental market for 1-bedroom apartments in North Mountain, Arizona is showing signs of growth. In July 2023, 77 new 1-bedroom listings were added to the market, indicating an increase in demand. The median rent for 1-bedroom apartments in July 2023 was $1,195, a decrease of 2.4% from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in North Mountain, Arizona is looking positive.
The rental market for 2-bedroom apartments in North Mountain, Arizona is showing signs of growth. In July 2023, there were 94 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,474, a 1.7% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in North Mountain is becoming more competitive, with more people looking to rent and landlords increasing their prices.