For the 14th straight month, the Valley had the nation’s largest year-over-year rent increase for single-family homes, an analysis of January statistics from CoreLogic shows.
Rents for single-family homes in the Phoenix-Mesa-Scottsdale market were up 6.4% over January 2019, according to CoreLogic’s latest Single-Family Rent Index, which analyzes single-family rent changes in 20 metropolitan areas.
The Valley was followed by Tucson, with 5.2% and the Las Vegas-Henderson-Paradise market in Nevada with 4.9%.
All three of those markets had higher increases in January 2019.
