New Data: Mesa Rents fell 0.4% in January | Apartment List

 

February 2026 Rent Report Your monthly rental market update from the Apartment List Research Team  Hi Tim,   Our Mesa Rent Report has been updated with new data through January 2026. The National Outlook:   The first batch of 2026 market data shows apartment rents continuing to slow. Nationwide, rents fell 0.2% in January and year-over-year rent growth has dipped to -1.4%, its lowest level in more than two years.  The national median rent is now more than 6% below its mid-2022 peak.  Vacancies and list-to-lease times, both indicators that supply growth is outpacing demand growth, are at their highest levels since we started tracking in 2019.  The Local Outlook:   Below are some additional highlights from this month’s report, pertaining specifically to your local rental market: Rents in Mesa fell 0.4% in January, compared to a 0.2% decrease nationwide. Year-over-year rent growth in Mesa now stands at -3.6%, down from -2.2% one year ago. Today the median rent in Mesa is $1,126 for a one-bedroom unit and $1,267 for a two-bedroom unit. And the citywide apartment vacancy rate stands at 7.6%, up 0.7 percentage points from this time last year. For more national and local insights, check out the latest update to our Mesa Rent Report. For more data, tools, and insights about the rental market, please visit the Apartment List Research Blog.   To reach our team directly, you can reply to this message or send an email to research@apartmentlist.com.