Over the last 5 years (2013-2017), property rental prices in Goodyear and Canyon Trails have shown a nice increase. Also, Goodyear rental property and Canyon Trails rental property inventories have decreased substantially from 2013-2017.
 

Canyon Trails is a subdivision that is roughly located south of I-10 and north of Lower Buckeye Road. Canyon Trails is east of Citrus Rd. and west of Sarival. 


All Goodyear, AZ rental market figures shown are taken from closed rental data from the Arizona MLS from 2013-2017.
 
The above charts show good growth for rental home prices in Canyon Trails and Goodyear, AZ from 2013-2017. The inventory in both comparisons also shows a significant decrease.
The rental home price average in Goodyear, AZ has a 18% increase in these five years. For Canyon Trails, the increase in rent in this time frame has been just a bit more at 19%.

 

Rental property inventory on MLS in in Goodyear, AZ 2017 is only 51% of 2013’s rental inventory. Canyon Trails rental property inventory in 2017 is 55% of the 2013 rental inventory.

The 18% increase in rental home price in Glendale during the time frame studied in Goodyear, AZ is 3 times greater than Consumer Price Index (6%).

 
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