Rental market snapshot for Armory Park, Tucson
Armory Park rental market summary
The rental market in Armory Park, Arizona is showing signs of growth. In July 2023, there were 14 new listings, which is a positive sign for the local rental market. The median rent for July 2023 was $1,155, which is a slight increase of .4% from the previous month. However, when compared to the same month in the previous year, the median rent has increased by 7.6%. This indicates that the rental market in Armory Park is on the rise and that demand for rental properties is increasing.
Overall, the rental market in Armory Park is looking positive. With more new listings and an increase in median rent, it is clear that the rental market is growing. This is good news for both landlords and tenants, as it means that there is a greater selection of rental properties available and that rents are becoming more affordable. With the current trend of growth, it is likely that the rental market in Armory Park will continue to improve in the coming months.
Median rent for all residential properties in Armory Park
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The most expensive listings and top trending buildings in Armory Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 821 S 2nd Ave | $1,950 | 2 / 1.0 |
| 302 E 17th St | $1,550 | 2 / 2.0 |
| 346 E 18th St | $1,408 | 3 / 1.0 |
| 202 E 12th St | $1,155 | 1 / 1.0 |
| 385 S Stone Ave | $1,150 | 1 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Scotia Group Management | $1,155 |
| Bright Properties | $1,150 |
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Bedroom Breakdown in Armory Park
Armory Park neighborhood apartments rents
The rental market for studios in Armory Park, Arizona is showing signs of growth. In June 2023, there was only one new studio listing, but the median rent for studios increased by 24.4% from May 2023 to June 2023, from $800 to $995. This suggests that demand for studio apartments in Armory Park is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Armory Park, Arizona is relatively stable. In July 2023, there were 3 new 1-bedroom listings, and the median rent remained the same as it was in June 2023 at $1,150. 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 Armory Park, Arizona appears to be relatively stable, with only one new listing in May 2023 and a median rent of $1,445. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, it appears that the rental market for 2-bedroom apartments in Armory Park is relatively stable and consistent.