Rental market snapshot for MACH 8, Tempe
MACH 8 rental market summary
The rental market in MACH 8, Arizona is showing signs of growth. In July of 2023, there were 18 new listings, indicating that the market is becoming increasingly competitive. The median rent in July of 2023 was $2,745, which is a 13.7% increase from the median rent in July of 2022. This suggests that the rental market in MACH 8 is becoming more expensive, as demand for rental properties is increasing.
Overall, the rental market in MACH 8 is becoming more competitive and expensive. This is likely due to the influx of new listings and the increasing demand for rental properties. As the market continues to grow, it is important for potential renters to be aware of the changing rental prices and to be prepared to pay more for their desired rental property.
Median rent for all residential properties in MACH 8
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The most expensive listings and top trending buildings in MACH 8
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
22 E Fairmont Dr | $3,200 | 3 / 2.0 |
2 W Fairmont Dr | $3,000 | 3 / 2.0 |
33 W Del Rio Dr | $3,000 | 4 / 2.0 |
8 E Geneva Dr | $2,745 | 3 / 2.0 |
200 E Southern Ave | $1,350 | 1 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Opulent Real Estate Group LLC | $1,395 |
Zillow | $1,300 |
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Bedroom Breakdown in MACH 8
MACH 8 neighborhood apartments rents
Uh-oh! Looks like we don't have any data in MACH 8, Arizona, for studios.
The rental market for 1-bedroom apartments in MACH 8, Arizona is showing signs of growth. In May 2023, there were 3 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in May 2023 was $1,395, which is a 7.4% increase from the median rent in April 2023 of $1,299. This indicates that the rental market for 1-bedroom apartments in MACH 8 is on the rise and is likely to continue to increase in the coming months.
The rental market for 2-bedroom apartments in MACH 8, Arizona is relatively stable. In December 2022, there is only one new 2-bedroom listing, and the median rent remains unchanged from November 2022 at $1,850. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.