Rental market snapshot for Garden District, Tucson
Garden District rental market summary
The rental market in Garden District, Arizona is showing signs of growth. In July 2023, there were 42 new listings, a 13.9% increase from the previous month. This is a sign that the rental market is becoming more active. The median rent in July 2023 was $1,025, a 20.8% increase from the same period in 2022. This suggests that the rental market in Garden District is becoming more competitive and that demand for rental properties is increasing.
Overall, the rental market in Garden District is showing signs of growth and increasing demand. The number of new listings and the median rent have both increased significantly in the past year, indicating that the rental market is becoming more active and competitive. This is good news for potential renters, as it means that there are more options available and that prices are becoming more affordable.
Median rent for all residential properties in Garden District
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The most expensive listings and top trending buildings in Garden District
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3950 E Justin Ln | $1,950 | 4 / 2.0 |
| 2007 N Swan Rd | $1,500 | 2 / 1.0 |
| 1621 N Bryant Ave | $1,495 | 3 / 2.0 |
| 4042 E Fairmount St | $1,395 | 3 / 2.0 |
| 4071-4075 E Lee St | $1,350 | 2 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $885 |
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Bedroom Breakdown in Garden District
Garden District neighborhood apartments rents
The rental market for studios in Garden District, Arizona appears to be relatively stable, with only one new listing in May 2023 and a median rent of $599. This suggests that the market is not experiencing any significant changes in terms of supply or demand. However, without data for April 2023, it is impossible to determine whether there has been any change in rent from one month to the next.
The rental market for 1-bedroom apartments in Garden District, Arizona is showing signs of improvement. In May 2023, there were 5 new 1-bedroom listings, and the median rent decreased by 6.6% from April 2023 to May 2023, from $948 to $885. This suggests that the rental market is becoming more competitive, and renters may be able to find better deals in the area.
The rental market for 2-bedroom apartments in Garden District, Arizona is showing signs of stability. In July 2023, there were only two new listings, indicating that the market is not experiencing a large influx of new rental properties. The median rent for 2-bedroom apartments in July 2023 was $950, a 5.0% decrease from the median rent in June 2023, which was $1,000. This suggests that the rental market is not experiencing significant inflation, and that rental prices are staying relatively stable.