Tuesday, March 01, 2022

TOO DAMN HIGH: Rents in Mesa up 0.7% over past month •Year-over-year rent growth in Mesa currently stands at 29.3%,

Hi Tim,
Our team just published our March Rent Report here, complete with median rent and price growth data through February 2022.
Some highlights below:
  • Rents in Mesa increased 0.7% month-over-month, compared to a 0.6% decrease nationally. Month-over-month growth in Mesa ranks #38 among the nation's 100 largest cities.
  • Year-over-year rent growth in Mesa currently stands at 29.3%, compared to 5.6% at this time last year. Year-over-year growth in Mesa ranks #5 among the nation's 100 largest cities. Rents in Mesa are up by 35.7% since the start of the pandemic in March 2020.
  • Median rents in Mesa currently stand at $1412 for a 1-bedroom apartment and $1620 for a two-bedroom.
Check out the full report here, and for a complete look at national trends, read our national report here. Our raw rent stats - for cities, metros, states - can also be downloaded at any time from this page.

 
Best,
Rob Warnock

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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

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