Though the city was hit hard by the 2008 recession, Phoenix, Arizona has recovered, built a more diverse economy, and grown by 11% since 2010. Real estate and financial institutions anchor a strong economy that has a low unemployment rate. New residents love low crime rates, scenic city parks, and a diverse culinary scene that’s been influenced by the area’s many immigrants. And while the city has plenty of its own culture, it has a bit from halfway around the world; Lake Havasu features the old London Bridge.
Phoenix’s boom has pushed housing prices up. The average one-bedroom apartment is $1,664, up 20% from 2021. The average home price is $489K, up 22% from 2021. Living a desert lifestyle might mean having to downsize.
Thankfully, there are plenty of self-storage facilities in and around Phoenix. Even if you need a larger unit, you’ll be surprised at how affordable it can be. And with facilities all over town, it’s easy to find one that’s convenient and close to home. If you’re thinking of a move to Phoenix, don’t let something like storage hold you back.
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