Check out recent rental activity and trends for the Phoenix Metro area for March 2020…
Closed Rental Units: 1,783 (0.056% decrease year over year)
Median Lease Rate: $1,600 (7.02% increase year over year)
Average Lease Rate: $1,759 (7.32% increase year over year)
Average Days on Market: 26 (13.04% increase year over year)