Here’s the latest rental activity and trends for the Phoenix Metro area for October 2021…
Closed Rental Units: 1,536 (15.56% decrease year over year)
Median Lease Rate: $2,100 (21.74% increase year over year)
Average Lease Rate: $2,308 (21.09% increase year over year)
Average Days on Market: 20 (53.49% decrease year over year)