Resources for Landlords and Real Estate Investors


Category: Market Updates


February 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for February 2020… Closed Rental Units: 1,750 (1.98% increase year over year) Median Lease Rate: $1,550 (3.68% increase year over year) Average Lease Rate: $1,717 (4.89% increase year over year) Average Days on Market: 28 (3.6% decrease year over year) Rentals America provides full-service property management for residential …

January 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for January 2020… Closed Rental Units: 1,701 (1.49% increase year over year) Median Lease Rate: $1,550 (5.08% increase year over year) Average Lease Rate: $1,742 (4.81% increase year over year) Average Days on Market: 34 (6.25% increase year over year)