Rental market snapshot for Baseline-Hardy, Tempe
Baseline-Hardy rental market summary
The rental market in Baseline-Hardy, Arizona is showing signs of growth. In July 2023, there were 58 new listings, a 13.4% increase from the previous month. This indicates that the rental market is becoming more active and that more people are looking to rent in the area. The median rent in July 2023 was $1,650, a 6.8% increase from the same time the previous year. This suggests that rental prices are increasing, likely due to the increased demand for rental properties in the area.
Overall, the rental market in Baseline-Hardy, Arizona is showing signs of growth. With more listings and increasing rental prices, it is a great time to consider renting in the area. With the current market conditions, renters should be able to find a great property at a reasonable price.
Median rent for all residential properties in Baseline-Hardy
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The most expensive listings and top trending buildings in Baseline-Hardy
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 4823 South Roberts Road | $2,320 | 3 / 2.0 |
| 5038 S Hardy Dr | $2,103 | 3 / 2.0 |
| 5021 S Terry Ln | $1,905 | 3 / 2.0 |
| 5038 S Hardy Dr | $1,797 | 2 / 2.0 |
| 5038 S Hardy Dr | $1,767 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| MEB Management Services | $1,472 |
| TruAmerica Multifamily LLC | $1,370 |
| GIG | $1,337 |
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Bedroom Breakdown in Baseline-Hardy
Baseline-Hardy neighborhood apartments rents
The rental market for studios in Baseline-Hardy, Arizona appears to be relatively stable, with only one new studio listing in July 2023 and a median rent of $1,166. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, it appears that the rental market for studios in Baseline-Hardy is relatively stable and consistent.
The rental market for 1-bedroom apartments in Baseline-Hardy, Arizona is showing signs of growth. In July 2023, there were 10 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,386, a 1.9% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Baseline-Hardy, Arizona is showing signs of stability. In July 2023, there were 11 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 4.5% from June 2023 to July 2023, settling at $1,606. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 2-bedroom apartments are staying relatively consistent.