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Here are the most (and least) expensive Valley neighborhoods for apartment renters

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Thanks to a strong economy, the Valley's apartment market continues to boom — resulting in rising rents for the new arrivals and established residents.

As with all real estate decisions, the cost of rent is determined by three things: location, location, location.

New data from Apartments.com reveals the 10 priciest Phoenix-area neighborhoods for renters.

For the budget-conscious, the apartment-listing site also compiled a list of the 10 least expensive 'hoods in which to rent.

For more on rental prices around the Valley, read the full story from Phoenix Business Journal.