Check out recent rental activity and trends for the Phoenix Metro area for January 2020…
Closed Rental Units: 1,701 (1.49% increase year over year)
Median Lease Rate: $1,550 (5.08% increase year over year)
Average Lease Rate: $1,742 (4.81% increase year over year)
Average Days on Market: 34 (6.25% increase year over year)
