Resources for Landlords and Real Estate Investors

September 2024 Rental Market Update – Phoenix

Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – September 2024

Typical Rent:  $1,863  (1.0% increase year over year)

Single Family: $2,310 (2.4% increase year over year)

Multifamily: $1,600 (-0.3% change year over year)

Observed Rent Index – Phoenix

Single Family vs. Multifamily – Phoenix

Observed Rent Index – United States