Posted Feb 8, 2023, 4:32 PM
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Registered User
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Join Date: Jan 2010
Posts: 6,715
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So something called STorage Cafe has ranked Phoenix #10 city in the country for renting downtown.
https://www.storagecafe.com/blog/bes...wntown-living/
Boys.... our time has come.
Quote:
To help decide which vibrant downtown areas offer the best combination of apartment options and amenities balanced by cost, we started out by selecting the 30 most populous cities in the U.S. We then ranked their central areas against a wide variety of factors such as cost of living (rent-to-income ratio, cost of groceries), rental inventory, apartment amenities (personal space, green units, unit quality, access to workout facilities), safety, restaurants, cultural and shopping options and more. Self storage was also included in our analysis as it’s a service frequently used by apartment dwellers as they move or afterwards as they seek to maximize living space.
Based on our report, the South occupies almost half of the top 10 places in downtown living, with Texas nabbing three spots in the ranking.
The Phoenix area has been the Southwest’s rising star in the past few years thanks to the tremendous economic boom that attracted robust migration and laid the groundwork for its currently flourishing city and suburbs. Therefore, it’s not surprising to see that downtown PHX, the business center of the Sun Valley , actually comes with all the enviable trappings of the city — think food, culture and sports — all accessible within walking distance.
Multifamily living remains the dominant housing option in downtown PHX. In line with the area’s skyrocketing development, more than 70% of downtown’s large-scale apartment inventory was added in the last decade alone, per a recent StorageCafe report. More than half of the apartment units are part of high-end buildings (64%), and a whopping 92% of them are located in rental buildings that provide access to fitness centers — which makes premier living a tangible reality here. You also get plenty of room when you rent a downtown apartment (790 sq. ft./person), a generous living space by national standards.
Downtown Phoenix’s versatility shines brightly as it provides access to coveted city features powered by Valley Metro Rail, one of the newest rail systems in the country. The city center boasts around 200 restaurants in total or about 12 dining spots/1,000 locals. You also have access to live music, museums, rooftop lounges and art galleries or any of the 2.6 theaters/1,000 residents. Sports fans can also feel at home whether they cheer on the Phoenix Suns, Phoenix Mercury or Arizona Diamondbacks at their local stadiums during home games.
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