Resources for Landlords and Real Estate Investors

February 2025 Rental Market Update – Phoenix

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