Rental market snapshot for Jen Tilly Terrace, Tempe
Jen Tilly Terrace rental market summary
The rental market in Jen Tilly Terrace, Arizona is showing signs of growth. In July 2023, there were 22 new listings, a significant increase from the previous month. The median rent also increased from $1,656 in June 2023 to $1,624 in July 2023, representing a 1.9% increase. This is a positive sign for the rental market in Jen Tilly Terrace, as it indicates that demand for rental properties is increasing.
The rental market in Jen Tilly Terrace has seen a significant increase in rent over the past year. In July 2022, the median rent was $1,929, but by July 2023 it had dropped to $1,624, representing a 15.8% decrease. This suggests that the rental market in Jen Tilly Terrace is becoming more affordable, making it an attractive option for renters.
Median rent for all residential properties in Jen Tilly Terrace
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The most expensive listings and top trending buildings in Jen Tilly Terrace
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1221 E Apache Blvd | $2,571 | 2 / 2.0 |
1221 E Apache Blvd | $2,506 | 2 / 2.0 |
1417 S Jentilly Ln | $2,000 | 2 / 1.0 |
1221 E Apache Blvd | $1,697 | 1 / 1.0 |
1221 E Apache Blvd | $1,689 | 1 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Quarterra | $1,645 |
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Bedroom Breakdown in Jen Tilly Terrace
Jen Tilly Terrace neighborhood apartments rents
The rental market for studios in Jen Tilly Terrace, Arizona is relatively stable. In May 2023, there was only one new studio listing, and the median rent stayed the same as the previous month at $1,607. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.
The rental market for 1-bedroom apartments in Jen Tilly Terrace, Arizona is showing signs of stability. In July 2023, there were 5 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 2.0% from June 2023 to July 2023, settling at $1,623. This suggests that the rental market is not experiencing any significant changes in the short-term, and that renters can expect to find reasonable prices for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in Jen Tilly Terrace, Arizona is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $2,538, a 4.0% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Jen Tilly Terrace is becoming more competitive, and renters should expect to pay more for these types of apartments in the future.