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.
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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