Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – December 2024
Concessions continue to break records, with nearly 41% of all Zillow rental listings offering freebies in December.
Typical Rent: $1,791 (1.0% increase year over year)
Single Family: $2,254 (2.8% increase year over year)
Multifamily: $1,539 (-0.8% change year over year)