Resources for Landlords and Real Estate Investors

August 2024 Rental Market Update – Phoenix

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

Typical Rent:  $1,868  (0.9% increase year over year)

Single Family: $2,326 (2.0% increase year over year)

Multifamily: $1,607 (-0.2% change year over year)

Observed Rent Index – Phoenix

Single Family vs. Multifamily – Phoenix

Observed Rent Index – United States