From Justin.Chaplin @ Apartment List: Rents in Mesa down 0.1% since start of pandemi

Hey Tim,

Hope you're staying safe and healthy. As the COVID-19 pandemic and its ensuing economic fallout continue to overwhelm renters across the country, our monthly rent estimates provide the most timely picture of the rapid changes in the rental market.

For a full analysis of the newest monthly data for Mesa, see our just-released July report: https://www.apartmentlist.com/az/mesa#rent-report 

 

Here are some of this month's highlights:

• Rents in Mesa have held steady month-over-month, and are down 0.1% since the start of the pandemic.
• This is normally peak season for rental activity, and from 2014-2019, rent growth from March to June in Mesa averaged 1.8%.
• Year-over-year rent growth in Mesa currently stands at 2.9%.

Check out the full report here.

_________________________________________________________________________________________

All the best,

Justin