Goodyear, AZ and Canyon Trails Subdivision Rental Prices and Rental Data 2013-2017

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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Glendale, AZ Rental Property Top 10 Subdivisions - 2017 YTD

RPM West Valley analyzed Arizona MLS rental property statistics in the 66 main subdivisions in Glendale, AZ. We identified the top 10 rental property areas in Glendale, AZ for rent closing volume and rent price.

We found great balance within this city within the numbers. However, 11 subdivisions had double digit rental property closings in 2017 (through December 1). The numbers that follow are the rental property subdivisions and the number of properties that rented within them Year To Date for 2017:

Arrowhead Ranch	39
West Plaza	25
Rovey Farm Estates	21
Arrowhead Lakes	20
Hillcrest Ranch	20
Dave Brown	18
Highlands At Arrowhead Ranch	17
Valencia	16
Deerview	12
Greenbrier	12
Thunderbird Palms	10

Glendale, AZ - number of closed Rental property transactions for 2017 (reported in ARMLS)  = 1047

The Top 10 Rental property markets in Peoria represent only 16% of the closed Rental Property transactions in Glendale, AZ for 2017. The remainder was spread out among the other Glendale subdivisions.

Here is the closed rental property price list for YTD 2017 in the top 10 Glendale, AZ rental property subdivisions.

Highlands At Arrowhead Ranch	$1,851
Arrowhead Ranch	$1,804
Hillcrest Ranch	$1,781
Arrowhead Lakes	$1,684
Rovey Farm Estates	$1,648
Valencia	$1,621
Greenbrier	$1,438
Dave Brown	$1,311
Thunderbird Palms	$1,297
Deerview	$1,246