Average rent in Mesa

Average rent in Mesa

Average rent in Mesa,AZ

In terms of the average rent in Mesa, AZ for the year 2023, there are several important factors to consider. Firstly, it is important to note that the average rent per month is projected to be around $1,300. This is a significant increase from the previous year, when the average monthly rent was only $1,100. Additionally, when comparing the year 2023 with previous years, one must take into account the overall economic climate and any other relevant market trends. Despite the increase in average rent, Mesa remains an affordable option for renters in the greater Phoenix area, with many attractive amenities and a growing job market. Therefore, it is essential to weigh the different variables when evaluating the average rent in Mesa, AZ.

Average rent in Mesa,AZ for 1-bedroom

The average rent in Mesa, AZ for a 1-bedroom apartment saw a significant increase from 2019 to 2021, with a rise of 7.5%. However, this upward trend is expected to continue over the next two years, with projected increases of 5.2% in 2022 and 2.9% in 2023. This means that by 2023, the average rent for a 1-bedroom apartment in Mesa, AZ will be around $1,200 per month, which is a substantial increase from just a few years prior. Overall, it’s clear that renters in Mesa will need to start budgeting for higher rents in the coming years, as the cost of living in this southwestern city continues to rise.

Average rent in Mesa,AZ for 2-bedroom

In 2023, the average rent for a 2-bedroom apartment in Mesa, AZ is projected to be $1,350, marking a slight increase from the previous year. However, this figure is still lower than the average rent in Mesa five years ago, which was $1,450. Despite this decline, the cost of living continues to rise in Mesa, and residents are paying more for basic necessities such as groceries and healthcare. Moreover, property values in Mesa are appreciating at a faster rate than rents, which is making it difficult for renters to find affordable housing in this area. Overall, while the average rent in Mesa for 2-bedroom apartments is relatively stable, the cost of living and housing expenses continue to place a burden on many residents.

Average rent in Mesa,AZ for 3-bedroom

In 2023, the average rent in Mesa, AZ for a 3-bedroom apartment is expected to increase. According to current projections, the average rent will rise by approximately 4% compared to the previous year. This increase can be attributed to several factors, including rising property values and increased demand for rental housing in the area. However, despite this increase, the average rent for a 3-bedroom apartment in Mesa, AZ remains affordable compared to other major cities in the region. In fact, over the past five years, the average rent has only increased by an average of 2% per year, making Mesa, AZ an attractive option for those seeking affordable rental housing.

Average rent in Mesa,AZ for studio

In 2023, the average rent for a studio in Mesa, AZ is expected to increase from previous years. In 2021, the average rent for a studio was around $900 a month. However, by 2022, the average rent increased to around $1,000 a month. This year, 2023, the average rent for a studio is projected to reach around $1,100 a month. Despite the increase in rent, the quality of living in Mesa remains high, with excellent community amenities, a variety of recreational activities, and proximity to major metropolitan areas in Arizona. Overall, the rising cost of living in Mesa is reflected in the increasing costs of rent, but the city remains an attractive place to live for many people.

Average rent in Mesa,AZ for townhouse

In recent years, the average rent for a townhouse in Mesa, AZ has been gradually increasing. For instance, in 2019, the average rent for a townhouse was $1,200 per month, while in 2020, it increased by $50 to $1,250 per month. Looking ahead to 2023, experts predict that the average rent for a townhouse in Mesa, AZ will reach $1,400 per month, an increase of $150 from 2020. This consistent rise in the average rent can be attributed to various factors such as increased demand, inflation, and development costs. Nevertheless, renters in Mesa, AZ can still find affordable options by utilizing resources like rental guides and apartment search websites.

Most expensive neighborhoods in Mesa,AZ

Mesa, AZ is known for its luxurious neighborhoods and breathtaking views. Among the most expensive areas in Mesa is Las Sendas with its stunning homes, panoramic mountain views, and exclusive amenities. Another upmarket neighborhood is Red Mountain Ranch, which boasts some of the most lavish and elegant properties in the city, surrounded by serene landscapes and resort-style amenities. Superstition Springs is also a high-end neighborhood with an array of property options, ranging from contemporary mansions to timeless classic homes. The cost of living in these neighborhoods may be high, but the quality of life is worth every penny.

Most affordable neighborhoods in Mesa,AZ

Mesa, AZ is known for its affordable neighborhoods. One of the most affordable neighborhoods is the Brentwood Southern area, where one can find a mix of apartments, condos, and small single-family homes. Another budget-friendly area is the Evergreen Historic District, which has a great selection of single-family homes with low prices. Additionally, the Las Palmas neighborhood offers affordable apartments with easy access to highways and public transportation. No matter your budget, Mesa has plenty of neighborhoods that offer comfortable and affordable living options.

Most popular neighborhoods in Mesa,AZ

Mesa, Arizona is a vibrant city with a variety of neighborhoods to choose from. One of the most popular neighborhoods is Eastmark, known for its family-friendly atmosphere and the many parks and hiking trails nearby. Another favorite among residents is Dobson Ranch, with its beautiful tree-lined streets, well-maintained homes, and excellent schools. The downtown Mesa area is also a hotspot, with an abundance of restaurants, bars, and cultural events. Other popular neighborhoods include Red Mountain Ranch, Las Sendas, and Superstition Springs, all offering their unique charm and lifestyle options.

Comparison with other cities

Here are 15 comparisons of Mesa, AZ’s average rent with other cities in the US:
1. Mesa, AZ – $1,295
2. Phoenix, AZ – $1,181
3. Chandler, AZ – $1,442
4. Gilbert, AZ – $1,640
5. San Diego, CA – $2,236
6. Denver, CO – $1,761
7. Portland, OR – $1,525
8. Seattle, WA – $1,977
9. Las Vegas, NV – $1,158
10. Austin, TX – $1,364
11. Dallas, TX – $1,240
12. Atlanta, GA – $1,383
13. Miami, FL – $2,006
14. Chicago, IL – $1,766
15. New York, NY – $3,358

FAQ

Q: What is the average rent in Mesa, AZ?
A: As of 2023, the average rent in Mesa, AZ is $1,450 per month.

Q: Are there any affordable apartments or rental homes in Mesa, AZ?
A: Yes, there are apartments and rental homes available for less than the average price. Studios and one-bedroom apartments can be found for around $1,000 per month, while some rental homes in less expensive areas can be as low as $800 per month.

Q: What is included in the average rent price in Mesa, AZ?
A: The average rent price typically includes rent for an apartment or rental home. Utilities, such as water, electricity, gas, and internet, are usually not included in the rent price.

Q: How does the average rent in Mesa, AZ compare to the rest of the state?
A: The average rent in Mesa, AZ is slightly lower than the average rent for the state of Arizona overall. The average rent for Arizona is around $1,500 per month.

Q: What factors affect the rent price in Mesa, AZ?
A: Rent prices in Mesa, AZ are affected by factors such as location, size of the rental property, and the amenities offered. Areas closer to downtown or popular attractions may have higher rent prices than areas further away. Larger rental properties with more amenities such as a pool or gym may also have higher rent prices.

Q: Are there any apartments or rental homes available for rent in Mesa, AZ below the average rent price?
A: Yes, there are apartments and rental homes available for rent below the average price. Renters can find affordable options in Mesa by doing thorough research, looking for rental properties in less expensive areas, or seeking out special deals or promotions.

Q: How often do rent prices change in Mesa, AZ?
A: Rent prices in Mesa, AZ can change throughout the year due to seasonal changes and market demand. However, rental prices typically do not fluctuate significantly within a short period, so renters can expect to budget for consistent rent prices year-round.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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