June 2021 Rental Market Update

Here’s the latest rental activity and trends for the Phoenix Metro area for June 2021…

Closed Rental Units: 1,700 (20.34% decrease year over year)

Median Lease Rate: $1,975 (17.91% increase year over year)

Average Lease Rate: $2,154 (17.13% increase year over year)

Average Days on Market: 17 (41.38% decrease year over year)

About Rentals America

Rentals America provides full-service property management for residential rental properties. Our team is completely dedicated to property management and we’re here to help landlords navigate the rental market.

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

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people with disabilities. All the pages on our website will meet W3C WAI’s Web Content Accessibility Guidelines 2.0, Level A conformance. Any issues should be reported to franchise@rentalsamerica.com. Website Accessibility Policy

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