Foreclosure Homes in Mesa, AZ 85202

Current Market Conditions in Mesa, AZ

Mesa's real estate market has shown remarkable resilience and growth over the past few years. The area continues to attract buyers drawn by affordable housing prices relative to neighboring cities. As demand increases, home prices have generally been on the rise, contributing to a competitive market where homes often receive multiple offers.

The rental market is also robust, in part due to the influx of new residents, including young professionals and families seeking more space and amenities. Many choose Mesa for its affordability compared to central Phoenix, leading to increased rental prices as well.

Rent Prices In Mesa, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mesa, AZ, is on a rollercoaster ride. The average rent price in Mesa, AZ, is $1,416.00. Indeed, when looking to rent in Mesa, AZ, you can expect to pay as little as $460.00 or as much as $5,160.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Mesa, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.