Eric Daugherty: Arizona rent prices fall sharply as some apartments offer up to 3 months free

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Jose Antonio Gastelum

02.04.2026

Eric Daugherty: Arizona rent prices fall sharply as some apartments offer up to 3 months free — Arizona rents drop, deals expand

Arizona is experiencing a significant decline in rent prices, with some apartment complexes now offering up to 3 months free rent. Eric Daugherty reported that rent prices have fallen by 8.3% in Glendale, 7.6% in Tempe, 6.4% in Chandler, 4.6% in Scottsdale, and 3.2% in Phoenix.

Daugherty highlighted that local news outlets have begun to cover this trend, surprising many experts who did not anticipate the rapid fall in rents across these key cities in the U.S. state.

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Daugherty has also reported on international and domestic investment trends. He recently covered Japan's move to secure $56 billion in oil and energy deals with U.S. suppliers. In a separate article, he outlined Mercedes Benz's $4 billion investment in an Alabama factory aimed at reducing tariff exposure. The latest decline in Arizona rents marks another shift tracked by Daugherty in key economic sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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