Top 10 Rental Property Subdivisions In Peoria – YTD 2017

RPM West Valley analyzed rental property statistics in the 67 main subdivisions in Peoria, AZ. We identified the top 10 rental property areas in Peoria, AZ for rent closing volume and rent price.
Although we found great balance within this city from a rental property numbers standpoint, there were 10 subdivisions that had double digit rental property closings in 2017. The numbers that follow are the rental property subdivisions and the number of properties that rented within them Year To Date for 2017:
Peoria, AZ – number of closed Rental property transactions for 2017 = 733
Vistancia – 52
Fletcher Heights – 44
West Wing Mountain – 31
Sonoran Mountain Ranch- 24
Dove Valley Ranch- 22
Terramar- 20
Casa Del Rey-  17
Country Meadows- 14
Springer Ranch- 13

Parkridge- 10


The Top 10 Rental property markets in Peoria represent 34% of the closed Rental Property transactions in Peoria, AZ for 2017. The remainder was spread out among the other Peoria subdivisions.


Here is the closed rental property price list for YTD 2017 in the top 10 Peoria, AZ rental property subdivisions.
West Wing Mountain – $2046
Sonoran Mountain Ranch – $1772
Terramar – $1740
Vistancia – $1715
Fletcher Heights – $1546
Dove Valley Ranch – $1519
Parkridge- $1460
Casa Del Rey – $1386
Springer Ranch – $1215
Country Meadows – $1038




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Surprise, AZ and Greer Ranch Subdivision Rental Prices and Data – 2013 to 2017

Over the last 5 years (2013-2017), property rental prices in Surprise and Greer Ranch have shown a significant increase. Also, Surprise rental property and Greer Ranch rental property inventories have decreased substantially from 2013-2017.

Greer Ranch is a subdivision is located south of Grand Avenue and 83rd avenue. It is east of Reems Rd. and west of Sarival Ave. It is north of Peoria Ave and west of Cactus Rd. 

The adjacent Surprise subdivisions to Greer Ranch are Rancho Gabriela, Twelve Oaks Estates and Sycamore Farms. 
The numbers that follow compare full year rental property market data from 2013-2017 in Greer Ranch and Surprise, AZ. The number of rental properties analyzed is simulated for 2017 based the rental market data through 9-30-2017. 

All figures are taken from closed Surprise and Greer Ranch rental property data from the MLS from 2013-2017 and only include unfurnished single-family home rental properties






The above charts show good growth for rental home prices in Surprise and Greer Ranch from 2013-2017. The inventory in both comparisons also shows a significant decrease.


The rental home price average in Surprise, AZ has increased about 22% in these five years. In Greer Ranch, the increase in rent in this time frame has been 25%.

Rental property inventory in Surprise, AZ has decreased 40% from 2013 to 2017 and rental inventory is down 50% in the Greer Ranch subdivision.

It is interesting to note in this time frame, the 22% increase in Surprise, AZ rent prices has outperformed the Consumer Price Index (6%) by over 2 1/2 times

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Peoria, AZ and Fletcher Heights Subdivision Rental Prices and Data – 2013 to 2017

Over the last 5 years (2013-2017), property rental prices in Peoria and Fletcher Heights have shown a significant increase. Also, Peoria rental property and Fletcher Heights rental property inventories have decreased substantially from 2013-2017.

Fletcher Heights is a subdivision located roughly north and south of Deer Valley Road and east and west of 83rd avenue.
The numbers that follow compare full year rental property market data from 2013-2017 in Fletcher Heights and Peoria, AZ. The number of rental properties analyzed is simulated for 2017 based the rental market data through 9-30-2017. 
All figures are taken from closed Peoria and Fletcher Heights rental data from the MLS from 2013-2017.
The rental property data we display in this Peoria and Fletcher Heights rental property study only include closed, unfurnished single-family home rental properties.

The above charts show good growth for rental home prices in Peoria and Fletcher Heights from 2013-2017. The inventory in both comparisons also shows a significant decrease.

Rental home price average in Peoria, AZ has increased about 16% in these five years. In Fletcher Heights, the increase in rent in this time frame has been 15%.

Rental property inventory in Peoria, AZ has decreased 38% from 2013 to 2017 and rental inventory is down 35% in the Fletcher Heights subdivision.

It is interesting to note in this time frame, the 16% increase in Peoria rent prices has outperformed the Consumer Price Index (6%) by over 2 1/2 times.

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