Here’s the latest rental activity and trends for the Phoenix Metro area for November 2020…
Closed Rental Units: 1,682 (13.48% decrease year over year)
Median Lease Rate: $1,750 (12.98% increase year over year)
Average Lease Rate: $2,021 (15.09% increase year over year)
Average Days on Market: 22 (29.03% decrease year over year)
