Resources for Landlords and Real Estate Investors

July 2024 Rental Market Update – Phoenix

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

Typical Rent:  $1,884  (0.8% increase year over year)

Single Family: $2,337 (2.4% increase year over year)

Multifamily: $1,624 (-0.3% change year over year)

Observed Rent Index – Phoenix

Single Family vs. Multifamily – Phoenix

Observed Rent Index – United States