Resources for Landlords and Real Estate Investors

April 2024 Rental Market Update – Phoenix

Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – April 2024

Typical Rent:  $1,887  (1.1% increase year over year)

Single Family: $2,310 (2.5% increase year over year)

Multifamily: $1,625 (0.2% change year over year)

Observed Rent Index – Phoenix

Single Family vs. Multifamily – Phoenix

Observed Rent Index – United States