Check out recent rental activity and trends for the Phoenix Metro area for July 2020…
Closed Rental Units: 2,274 (7.47% increase year over year)
Median Lease Rate: $1,699 (6.19% increase year over year)
Average Lease Rate: $1,887 (5.83% increase year over year)
Average Days on Market: 26 (8.3% increase year over year)