Check out recent rental activity and trends for the Phoenix Metro area for April 2020…
Closed Rental Units: 1,618 (2.08% increase year over year)
Median Lease Rate: $1,600 (6.67% increase year over year)
Average Lease Rate: $1,751 (2.94% increase year over year)
Average Days on Market: 24 (4.5% increase year over year)