The rental market has continues to show strength with limited inventory and strong year-over-year rent rate growth. Here’s the latest rental activity and trends for the Phoenix Metro area for January 2021…
Closed Rental Units: 1,612 (5.23% decrease year over year)
Median Lease Rate: $1,700 (9.68% increase year over year)
Average Lease Rate: $1,882 (8.04% increase year over year)
Average Days on Market: 23 (32.35% decrease year over year)
This is not an offer to sell a franchise. Rentals America franchises are offered only by our delivery of a Franchise Disclosure Document to you in compliance with FTC Rule 436 and various state franchise sales laws. Rentals America is currently not offering franchises to residents of the following states: Connecticut, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington or Wisconsin. This website information is not directed to any person in the states listed above by or on behalf of the franchisor or anyone acting with the franchisor’s knowledge. No franchises can be offered or sold in the states listed above until the franchise offering has been authorized by the appropriate regulatory authority and the Franchise Disclosure Document has been delivered to you as required under applicable law
