Here’s the latest rental activity and trends for the Phoenix Metro area for October 2022…
Closed Rental Units: 2,182 (42.06% increase year over year)
Median Lease Rate: $2,100 (0.00% increase year over year)
Average Lease Rate: $2,324 (0.69% increase year over year)
Average Days on Market: 33 (65.00% increase year over year)
