Rental activity and trends for the Phoenix Metro area as reported by Zillow Research – February 2025
“Demand for single-family rentals is expected to remain strong until affordability in the sales market improves.”
Typical Rent: $1,812 (1% increase year over year)
Single Family: $2,298 (2% increase year over year)
Multifamily: $1,550 (-0% change year over year)
Observed Rent Index – Phoenix
Single Family vs. Multifamily – Phoenix
Observed Rent Index – United States
