WHOA! Rents in Mesa are up by 38.9% since the start of the pandemic in March 2020 | Rob Warnock @ ApartmentList.com

Year-over-year rent growth in Mesa currently stands at 16.8%, compared to 19.8% at this time last year.

Year-over-year growth in Mesa ranks #27 among the nation's 100 largest cities.

Rents in Mesa are up by 38.9% since the start of the pandemic in March 2020.

Median rents in Mesa currently stand at $1306 for a 1-bedroom apartment and $1507 for a two-bedroom.

 

Hi Tim, I'm following up on Apartment List's latest rent report data

Inflation is currently at its highest rate in 40 years, and rapidly rising housing costs are a key contributor. While the market has cooled slightly from last summer’s peaks, the national median rent has still jumped by 14% in the past year. And with spiking mortgage rates now sidelining potentially homebuyers, the coming months could bring additional competition for rentals amid a market that is already historically supply-constrained. 

  

For the latest data, see our July Rent Report here, complete with median rent and price growth data through June 2022. Some highlights below:

• Rents in Mesa increased 0.6% month-over-month in June, compared to a 1.3% increase nationally. Month-over-month growth in Mesa ranks #84 among the nation's 100 largest cities.
• Year-over-year rent growth in Mesa currently stands at 16.8%, compared to 19.8% at this time last year. Year-over-year growth in Mesa ranks #27 among the nation's 100 largest cities. Rents in Mesa are up by 38.9% since the start of the pandemic in March 2020.
• Median rents in Mesa currently stand at $1306 for a 1-bedroom apartment and $1507 for a two-bedroom.
  

Check out the full report here here, and for a complete look at national trends, read our national report.

 

Our raw rent stats - for cities, metros, states - can also be downloaded at any time from this page.

 

Thank you!

Rob Warnock