Resources for Landlords and Real Estate Investors

March 2024 Rental Market Update – Phoenix

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

Typical Rent:  $1,864  (1% increase year over year)

Single Family: $2,289 (2.6% increase year over year)

Multifamily: $1,617 (0% change year over year)

Observed Rent Index – Phoenix

Single Family vs. Multifamily – Phoenix

Observed Rent Index – United States