Property prices for rent in Arizona region

The average rent price in the Arizona region has had a slight rise in recent months. There has been a rise in the rent prices in this region.

$1,823.33
Average price last 6 months
$1.68
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Arizona has risen in the last 6 months. During November, the average price per sq.feet was $1.5. In December the price barely changed remaining at $1.56 per sq.feet. In the following two months (January, February) the rent price per sq.feet has increased notably to a 115 %. In the last two months, the price per sq.feet has risen 106 %. This has been obtained by comparing the price $1.64 for the first four months of the sample with regard to the previous 4 months and the price $1.75 per sq.feet for the last two months (March, April).

Average price

When referring to the price in Arizona(region), there have hardly been any changes in the last 6 months. The average rent price in November is $1,841. In December the price rose to $1,968. The average price for the following two months (January, February) fell 92 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $1,832.5 to $1,805 during March and April.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 18 % cheaper than the average price in Arizona followed by those with 2 with an average price of $2,006. The most expensive properties have 4 bedrooms. They are 32 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,235.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.18 / sq.feet being $1.77 / sq.feet the average for Arizona. The properties with the highest average price are those with 1 bedroom. These are 20 % more expensive than the average followed by those with 2 bedrooms with a price of $1.89 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $1,882 it is 18 % cheaper than the average in Arizona. This is followed by "Townhouse" with a cost of $1,852. The most expensive property type is "" and is 62 % more costly than the average, followed by "Apartment" with a cost of $2,194.

Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $1 / sq.feet, followed by "Land" with a price of $1.07 / sq.feet. "Condo" with an average price of $1.96 / sq.feet is the most expensive type of property followed by "House" at a price of $1.86 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in region Arizona
$1,882
$1.77
331,144
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value