Here’s the latest rental activity and trends for the Phoenix Metro area for November 2021…
Closed Rental Units: 1,494 (11.18% decrease year over year)
Median Lease Rate: $2,094 (16.72% increase year over year)
Average Lease Rate: $2,262 (11.92% increase year over year)
Average Days on Market: 22 (0.00% increase year over year)