One Arizona town is quickly becoming one of the most expensive cities to live. A new study from rent.com shows that Chandler is quickly surpassing Scottsdale as one of the priciest places to live.
Chandler had the largest rent increase in two-bedroom apartment rental prices year-over-year with a 68.6% incline. This is the most significant increase in the entire country. On the opposite end of that spectrum, Scottsdale had one of the largest rent decreases in two-bedroom rent prices, with an 11.5% decrease. Scottsdale still holds the highest price for a one-bedroom apartment with the price running around $2,900 per month.
Chandler's average rental price for a two bedroom is now around $2,900 per month. Here are the top seven most expensive cities for two-bedroom rentals in Arizona:
- Chandler- $2,900
- Scottsdale- $2,767
- Gilbert- $2,387
- Mesa- $1,778
- Tempe- $1,765
- Phoenix- $1,754
- Tucson- $1,623
Click here to check out the full study.