Chandler ranked 44th most expensive city to rent in the nation SanTan Sun News

Chandler ranked 44th most expensive city to rent in the nation

May 11th, 2017 | by SanTan Sun News
Chandler ranked 44th most expensive city to rent in the nation
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By SanTan Sun News Staff

Chandler ranked as the 44th most expensive city in which to rent in the nation in the May 2017 National Rent Report.

The report was released by the Zumper National Rent Index, made by website Zumper.com, which aggregates apartments and homes for rent to advertise to prospective renters. The report, covering 100 cities across the U.S., puts Chandler in the top half of the most expensive cities in which to rent. The numbers in the report are based on analysis of millions of verified listings on the Zumper site.

Highlights of the report show:

  • One-bedroom median rent increased by 0.5 percent, to $1,169.
  • Two-bedroom median rent increased 1 percent, to $1,390.
  • For the month of May, Chandler ranked as the 44th most expensive city for residential rental rates.
  • Average rent for one bedroom units dropped 1.1 percent, to $940.
  • Average rent for two bedroom units grew by 0.9 percent, to $1,160.

Chandler changed three positions from last month’s report, when it was

the 47th most expensive city to live in.

Zumper CEO Anthemos Georgiades pointed out that late spring and early summer is peak moving season. “As we head into peak moving season, renters will be up against a higher apartment turnover rate,” he said.

“In such a crowded market over this upcoming summer, renters can look to median price data and other tools from Zumper to make the whole renting experience easier and more transparent.”

Current rental listings for Chandler on Zumper.com range from $832 a month for a one bedroom apartment at Greentree Place to $2,950 per month for a four-bedroom home on the lake of the Ocotillo Golf Course.
The five most expensive cities to rent in are San Francisco, New York, San Jose, Boston and Los Angeles.

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