Here’s the latest rental activity and trends for the Phoenix Metro area for November 2022…
Closed Rental Units: 2,186 (46.32% increase year over year)
Median Lease Rate: $2,085 (0.48% decrease year over year)
Average Lease Rate: $2,286 (1.06% increase year over year)
Average Days on Market: 37 (68.18% increase year over year)
