Rental market snapshot for Meyer Park, Tempe
Meyer Park rental market summary
The rental market in Meyer Park, Arizona is showing signs of growth. In July 2023, there were 92 new listings, a 10.2% increase from the previous month. This indicates that the rental market is becoming more competitive and that more people are looking for rental properties in the area. The median rent in July 2023 was $2,075, the same as it was in July 2022. This suggests that the rental market in Meyer Park is stable and that prices are not increasing significantly.
Overall, the rental market in Meyer Park, Arizona is showing signs of growth and stability. With more new listings and a steady median rent, it is a great time to consider renting in the area. With the competitive rental market, renters should be sure to act quickly when they find a property they like.
Median rent for all residential properties in Meyer Park
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The most expensive listings and top trending buildings in Meyer Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1747 E Gaylon Dr unit Colonia | $3,250 | 3 / 2.0 |
| 1648 E Campus Dr | $3,200 | 4 / 2.0 |
| 1543 E Palmdale Dr | $2,650 | 3 / 2.0 |
| 1623 East Palmcroft Drive | $2,649 | 4 / 3.0 |
| 1702 East Palmcroft Drive | $2,550 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| YF Group | $1,298 |
| The YF Group | $1,275 |
| Western Wealth Communities | $1,158 |
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Bedroom Breakdown in Meyer Park
Meyer Park neighborhood apartments rents
The rental market for studios in Meyer Park, Arizona is showing signs of growth. In July 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,040, which is 13.3% lower than the median rent in June 2023, which was $1,200. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.
The rental market for 1-bedroom apartments in Meyer Park, Arizona is showing signs of growth. In July 2023, there were 8 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,290, a 1.0% 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 Meyer Park, Arizona is showing signs of growth. In July 2023, there were 11 new 2-bedroom listings, a 2.6% increase in median rent from June 2023 to July 2023, and a median rent of $1,585. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.