Driven by migration away from expensive city centers during the pandemic, the rental price advantage of living in the suburbs (vs. urban areas) has shrunk by 52.9% compared to three years ago, according to the Realtor.com® Monthly Rental Report released today. In Metro Phoenix, the analysis showed that the overall median rent is $1,755, a year-over-year increase of 4.8%.

Read more: https://bit.ly/3POO29i