Median rent for residential in as of Jul, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
38 Cave Creek, AZ 85331, USA apartments for rent
Cave Creek
Cave Creek, AZ has a population of 5,423, while the median age is 58. The household income in Cave Creek, AZ is around $91,500. The homeownership rate among the residents is 87%. The median residential property value in Cave Creek, AZ that you should keep in mind is $466,600.
| Population | 5,423 |
| Median Age | 57.5 |
| Poverty Rate | 7% |
| Household Income | $91,500 |
| Number Of Employees | 2,473 |
| Median Property Value | $466,600 |
Housing Trends
How much is an apartment in Cave Creek, AZ 85331, USA
Average rent in Cave Creek: $3,626 (-20%)
| Rent Price | Jul | vs Last Month |
|---|---|---|
| Studio rentals | $975 | N/A |
| 1 bed rentals | $1,622 | N/A |
| 2 bed rentals | $2,999 | -1.7% |
| 3 bed rentals | $3,765 | -43.2% |
| 4+ bed rentals | $4,073 | +6.3% |
Over the Jul 2022, the average rent for an apartment in/near Cave Creek, AZ decreased by 20% to $3,626.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,622 with no changes this month. Pricing for 2-bed apartment also decreased by 1.7% and a place of this size will now cost you $2,999. 3-bed apartment rent pricing starts at $3,765, it decreased by 43.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 6.3% and made it up to $4,073.
| Rent Type Price | Jul | vs Last Month |
|---|---|---|
| Apartment rentals | $2,429 | N/A |
| House rentals | $3,751 | -26.7% |
| Condo rentals | $3,000 | N/A |
| Townhouse rentals | $2,250 | N/A |
Looking at the median rent price for an apartment in Cave Creek, AZ, you can note that it remains flat with a price tag of $2,429. Statistics show that house rent price decreased by 26.7% this month making it up to $3,751. Condo for rent is now available for the same pricing as previously — $3,000. Townhouse rent pricing didn’t change, the price still starts at $2,250.