As of December, 2014, within a distance of 10 miles of Scottsdale, $752 is the average multifamily housing rent.
$567 per month is what one bedroom multifamily units rent for on average in Scottsdale, and $750 per month is what two bedroom multifamily units rent for on average.
Also, as of the year 2014, December, for the past six months, the average multifamily housing rent went down by $10 or 3%. One bedroom multifamily units have gone down by $19, or 6%, and two bedroom multifamily units have gone down by $19.50 or 5%.
A source to find some information on the Scottsdale multihousing market is the Arizona Multihousing Association – http://www.azama.org/
As of 2015, February, the median asking price for an apartment complex per unit for sale, Scottsdale Metro, is $52,983.11. This is an increase of 2.3% when you compare it to the prior 3 months, and a gain of 16.0% when you look at year over year.
Scottsdale in Arizona was named for Winfield Scott, the founder of Scottsdale. There are 226,918 people in Scottsdale according to 2013 estimates. Downtown Scottsdale has been described by The New York Times as “a desert version of Miami’s South Beach.” “The West’s Most Western Town” is the slogan Scottsdale has been given.
To search for Scottsdale multifamily housing for sale, go to http://www.loopnet.com/Apartment-Buildings-For-Sale/. For another source to find more information about Scottsdale multifamily housing real-estate, go to http://www.biggerpockets.com/
Apartment Loan Store is proud to serve the entire Greater Scottsdale area:
- Paradise Valley
- Fountain Hills
- Apache Junction
- Sun City
- El Mirage