31 May 2020

JUNE 2020 RENT REPORT: Mesa ranks #1 for fastest year-over-year rent growth

Hi Tim,
Hope you're staying safe and healthy! We've just released our June rent report for Mesa, where we track rent growth, median prices, and market trends. 
If you’d like to check the full report, you may find it here
All the best,
Justin
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Here are some of this month's highlights for Mesa:
  • Rents in Mesa are up 3.4% over the past year, the #1 fastest growth rate among the nation's large cities. For comparison, our national rent index grew by just 0.8% over the past year.
  • Since 2014, rents in Mesa have grown by 23.4%, outpacing the national average of 9.6%.
  • The median rent for a 2BR apartment in Mesa is currently $1,148 compared to the national average of $1,194.