Rental market snapshot for Tempe Royal Estates, Tempe

Tempe Royal Estates rental market summary

The rental market in Tempe Royal Estates, Arizona is showing signs of growth. In July 2023, there were 69 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,520, a 1.4% increase from June 2023 and a 20.9% increase from July 2022. This indicates that the rental market in Tempe Royal Estates is becoming increasingly competitive and that prices are rising.

Renters in Tempe Royal Estates should be aware that prices are on the rise and that competition for rental properties is increasing. With more people looking for rental properties, it is important to be prepared and to act quickly when a desirable property becomes available. Additionally, renters should be prepared to pay higher prices for rental properties in the area.

Median rent for all residential properties in Tempe Royal Estates

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The most expensive listings and top trending buildings in Tempe Royal Estates

Most Expensive Listings

AddressRent PriceBed / Bath
905 W Bell De Mar Dr$3,2503 / 2.0
488 West Carmen Street$2,8754 / 3.0
6827 S Dennis Dr$2,6354 / 2.5
6827 South Dennis Drive$2,6354 / 2.5
6827 South Dennis Drive$2,6204 / 2.5

Top Trending Buildings

building nameavg rent price
Rise Suncrest LLC$1,500

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Bedroom Breakdown in Tempe Royal Estates

1 Bedroom
$1,500
MEDIAN RENT
2 Bedroom
$1,500
MEDIAN RENT

Tempe Royal Estates neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Tempe Royal Estates, Arizona, for studios.

The rental market for 1-bedroom apartments in Tempe Royal Estates, Arizona, in July 2023 is relatively stable. There was only one new listing in July, and the median rent for 1-bedroom apartments remained the same from June to July at $1,500. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Tempe Royal Estates, Arizona is relatively stable. In June 2023, there was only one new 2-bedroom listing, indicating that the market is not experiencing a large influx of new rental units. The median rent for 2-bedroom apartments in June 2023 was $1,500, which is only 4.8% lower than the median rent in April 2023. This suggests that the rental market is not experiencing significant fluctuations in rent prices. Overall, the rental market for 2-bedroom apartments in Tempe Royal Estates, Arizona is relatively stable.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Tempe Royal Estates is $2,520.
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