Foreclosure Homes in Mesa, AZ 85204

Current Market Conditions in Mesa, AZ

The real estate market in Mesa has shown strong growth over recent years, driven by an influx of new residents seeking more affordable housing options compared to nearby Phoenix. This trend has resulted in rising home prices, making it an attractive opportunity for real estate investors.

Investor interest in Mesa is on the rise, particularly as new developments and amenities continue to emerge. The demand for rental properties is increasing due to the city’s expanding job market and a growing population, creating a robust environment for real estate investment.

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.