Zumper National Rent Report, September 2021

Market Report provided by Zumper

Scottsdale, AZ, one of a number of Phoenix area suburbs that’s experienced substantial rent growth over the course of the pandemic, is now the 10th most expensive market in the country among the 100 most populous cities in the US, after rent rose 5.1 percent in September. National rent growth continues to accelerate at an alarming pace. While prices were generally static during 2020, they’ve risen dramatically in 2021. Relative to March 2020, the median one-bedroom rent nationally is up 10.7 percent, while two-bedrooms are up even more at 13.1 percent.